The Bangko Sentral ng Pilipinas (BSP) said Friday the Monetary Board has approved a total of $17.7 billion public sector foreign borrowings in 2020 mostly for COVID-19 response, up 82.5 percent from 2019’s $9.7 billion. In the fourth quarter of 2020 alone, the BSP approved $4.2 billion public...
Photo from FIBA The PBA Board of Governors gave the green light Thursday to the staging of another special round for Gilas Pilipinas players in the annual Rookie Draft slated March 14. Samahang Basketbol ng Pilipinas president Al Panlilio, who attended the afternoon meeting at the PBA Office in...
After a number of sports leagues turned professional last year, expect more to follow the same route in the coming months under strict health guidelines, Games and Amusements Board (GAB) chairman Abraham “Baham” Mitra said Monday. The health crisis caused by the COVID-19 outbreak postponed or...
Games and Amusements Board (GAB) chairman Baham Mitra said Friday that the Supplemental Guidelines to the Joint Agreement Order (JAO) will be distributed to sports organizers aiming to conduct sports meet particularly at the professional level. According to Mitra, a former Palawan governor, the...
(MANILA BULLETIN FILE PHOTO) The Department of Trade and Industry (DTI) has reduced by 20 percent its medium-term export projections from $130 billion target to $103.9 billion by 2022 amid the impact of the lingering COVID-19 pandemic on Philippine industries. In adjusting downward the export...
(Ali Vicoy/Manila Bulletin) The Philippines net foreign direct investments (FDIs) declined by 8.6 percent to $4.832 billion for the first three quarters this year as against $5.289 billion in the same period last year as the COVID-19 pandemic continued to dampen investor sentiments. “The decline...
Ar-Ar Andales scored a third round technical knockout win over Zandre Padiran in their minimum weight collision that highlighted the return of boxing in Luzon after a successful four-card fight by the Quibor Boxing Promotion last Sunday in Rizal, Laguna. The 21-year-old Andales, the reigning World...
Glitches in the cashless toll system, like the one which North Luzon Expressway Corporation (NLEX Corp) admitted to, are "not new," the Toll Regulatory Board (TRB ) declared in its statement issued late last night (December 8, 2020). Such glitches are "subject to notices to correct", the TRB...
Members of Gilas Pilipinas sing the national anthem before its 2021 FIBA Asia Cup Qualifiers match against Indonesia. (FIBA photo) The PBA Board of Governors on Thursday gave the green light for Gilas Pilipinas to enlist the services of pro cagers for the third window of the 2021 FIBA Asia Cup...
PBA commissioner Willie Marcial (PBA Images) SMART CLARK GIGA CITY--The PBA board has decided not to crown a Most Valuable Player from the shortened 45th season under a bubble setup and instead bestow the Best Player of the Conference award along with other individual honors. ...
After a surprised interest rate cut last month, the central bank’s Monetary Board may still decide to bring the policy rate to below two percent when it meets for the last time this year on December 17. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said Thursday that they continue...
The Games and Amusements Board recently lauded the staging of the first of two tournaments marking the Philippine Golf Tour restart after an eight-month hiatus due to pandemic and endorsed the staging of more pro golf events in the coming year. In a report to GAB chair Abraham Mitra, the...
