While Citi anticipates the Bangko Sentral ng Pilipinas (BSP) to resume cutting key borrowing costs by 25 basis points (bps) at its April 10 policy meeting, March’s low inflation, coupled with global trade risks, could prompt the central bank to further reduce rates sooner than expected. March’s...
Political uncertainty in the Philippines could intensify as former President Rodrigo Duterte’s influence on voters grows, potentially diverting attention from tax reforms and the proposed ₱200 wage increase. According to the Netherlands-based financial giant ING, midterm elections usually have...
OSLO, Norway - Norway said Friday it will buy 54 new generation Leopard 2 tanks to replace older versions, adding it faced "one of the most difficult security situations since World War II." Planned for several years, the order will enable Oslo to renew its fleet of 36 ageing Leopard 2A4 tanks,...
BERLIN, Germany - Germany said Friday it has issued authorisation for Leopard 1 tanks to be sent to Ukraine, in a further boost for Kyiv as it seeks heavier weapons to counter Moscow's forces. Berlin has already said it will provide Ukraine with 14 Leopard 2s from its military stocks, but...
BERLIN, Germany - Germany's Leopard 2, the powerful tank that Berlin has finally agreed can be sent to Ukraine, could provide a major boost for Kyiv's forces as they fight back against Russian troops. But the Ukrainians would need to be quickly trained up to use the tanks and to maintain them....
BERLIN, Germany- Berlin on Wednesday approved the delivery of powerful German-made Leopard tanks to help Ukraine repel Russia's invasion, after weeks of pressure from Kyiv and many allies. Germany will provide a company of 14 Leopard 2 A6 tanks from the Bundeswehr stocks, government spokesman...
KYIV, Ukraine -- Germany faced a strong backlash from allies on Saturday over its refusal to supply Ukraine with its vaunted Leopard tanks to boost its fighting capacity in the nearly year-long war with Russia. On Friday, some 50 nations agreed to provide Kyiv with billions of dollars' worth of...
Various business and think tank groups have strongly opposed the planned Maharlika Wealth Fund (MWF), a Philippine government version of a Sovereign Wealth Fund (SWF), stating the proposal under House Bill 6398 will not amount to wealth creation but instead puts at risk peoples’ pension money in...
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) has approved the creation of the "Task Force on Oxygen Supply". A pair of oxygen tanks. (Photo by Moo Shua/ Unsplash) This was bared by Presidential Spokesperson Harry Roque on Friday, Sept. 10 during a virtual...
The House of Representatives has responded positively to President Rodrigo Duterte’s appeal for the passage of a bill that would help ensure sufficient medical oxygen supply by exempting its importation from taxes. Oxygen tanks Albay Rep. Joey Sarte Salceda (2nd district, Albay) filed on...
Relatives of COVID-19 patients purchase medical grade oxygen in a pharmacy in Cebu City. (Juan Carlo de Vela/Manila Bulletin) The Department of Health (DOH) encouraged the public not to purchase oxygen tanks for home use if not necessary, saying that it can cause harm to one’s health if used...
Gen. Guillermo Lorenzo Eleazar, chief of the Philippine National Police (PNP), ordered on Wednesday, August 3, police units and offices to run after those would be identified engaging in hoarding of oxygen tanks and other medical supplies amid the continuing threat of COVID-19, especially its Delta...
