Banks’ standing as trusted financial institutions will have new yardsticks with the Bangko Sentral ng Pilipinas (BSP) up-coming rule on reputational risk management. It took time but BSP Deputy Governor Chuchi G. Fonacier said the...
Typhoon Ulysses’ damage and losses to the agriculture sector grew to P12.8 billion, from the previously reported P4 billion, due to production losses at farm commodities like rice, corn, high-value crops, among others. This is according to Department of Agriculture (DA) Spokesperson Noel Reyes,...
The Bangko Sentral ng Pilipinas (BSP) is amending the guidelines for banks’ operational risk management particularly on “people risk” and is proposing to adopt more rigid rules on human resource-related risk. The BSP wants stricter recruitment and selection of banks’ personnel as well as...
Here are 36 activities ranked according to their Covid-19 risk levels As countries move to relax restrictions intended to fight the pandemic, even the simplest outdoor activities seem fraught with a thousand questions and calculations. Is it safe to meet friends in the park, as long as they...