The Bangko Sentral ng Pilipinas (BSP) advises the public that the 20-Piso New Generation Currency (NGC) banknotes remain as legal tender and can be used alongside the 20-Piso NGC coins for day-to-day transactions. Screen Shot 2021-09-27 at 9.52.28 PM BSP Gov. Benjamin Diokno also tweeted "The...
Flour prices are up 15 percent while other ingredients in breadmaking are also on uptick, putting pressure on prices of bread, particularly Pinoy Tasty and Pinoy Pandesal. Simplicio Umali Jr., president and general manager of the country’s largest bread manufacturer Gardenia Bakeries, said that...
Benchmark interest rates resumed their slide as the local debt market remains very liquid despite concerns on inflation, the Bureau of the Treasury said. At Monday's auction, Sept. 27, the 91-day Treasury bill rate, which banks use in pricing their loans, went down to 1.060 percent from 1.070...
The Figaro Group is ensuring that the chicken products it uses are sourced from animal-welfare friendly farms and growers by partnering with The Philippine Animal Welfare Society (PAWS) for The Better Chicken Option (TBCO) campaign. The standards being pushed by TBCO are directly connected with the...
The Department of Social Welfare and Development (DSWD) cited on Monday, Sept. 27, the Office of the President’s issuance of a memorandum circular declaring suspension of work this afternoon for employees under the Executive branch to be home early, and be with their families to observe the...
The Senate on Monday approved on third and final reading the measure seeking to set the term of the chief of staff and other senior military officers holding key positions in the Armed Forces of the Philippines (AFP) to three years. Senate Bill No. 2376 or the “Act Strengthening Professionalism...
The Senate on Monday, Sept. 27, approved on third and final reading the bill revising the 112-year-old charter of Baguio City. House Bill No. 8882 or the Revised Charter of the City of Baguio was approved with 23 affirmative votes, no negative votes, and no abstention. The House of Representatives...
The University of the Phippines (UP) Pandemic Response Team on Monday, Sept 27, said the decline in the coronavirus disease (COVID-19) cases in the National Capital Region (NCR) was mainly a result of the wide vaccination programs. (ALI VICOY/MANILA BULLETIN FILE) "Mas bibigyan ko ng weight ang...
Views from the Ridge When I applied for appointment as Associate Justice of the Court of Appeals more than 20 years ago, the Pre-Judicature Program (or PJP) was already in place. Nobody was certain then, however, whether it was a requirement for appointment. As a lawyer, I read the law (in...
SPEAKING OUT Ignacio R. Bunye The self-employed micro-entrepreneurs (SEMEs) in the Philippines continue to bear the brunt of the COVID-19 pandemic. As the country remains at high risk amid the recent surge of coronavirus cases, SEMEs are finding it difficult to sustain their operations given...
Despite difficulties in raising revenues amid the pandemic, the national government opted to increase the amount of subsidy it extended to state-owned corporations due to mounting health insurance claims. Data from the Bureau of the Treasury revealed that the financial support extended to...
Bank of the Philippine Islands, through BPI Foundation, was recognized as the “Best Bank for Corporate Social Responsibility (CSR) in the Philippines" by the Asiamoney Best Bank Awards 2021. This is for the bank’s role in the country's push for financial inclusivity and the support it has given...
