Big banks in the country remained well-capitalized despite the prolonged pandemic-induced crisis, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin E. Diokno said that big banks’ capital adequacy ratio (CAR), a measure of lenders’ solvency, improved to 17.6 percent in the first...
The Philippine National Railways’ (PNR) Clark Phase 2 project is expected to produce more jobs and spur economic recovery in Central Luzon once completed, the Department of Transportation (DOTr) assured. Design render of PNR Clark Phase 2 (Malolos to Clark Railway) of the North-South Commuter...
About 3,600 Kawayan tinik (Bambusa blumeana) and Bayog (Dendrocalamus merrillianus) propagules have been planted in various sites and forest reserves in Central Luzon as part of Department of Environment and Natural Resources' (DENR's) efforts to rehabilitate denuded forests that have impacts on...
The Philippine Postal Corporation (PHLPost) announced on Monday that operations of the Marikina City Central Post Office have been temporarily suspended after some of its staff contracted COVID-19. In its Facebook post, PHLPost said that the lockdown started Monday, September 20, and will last...
The Department of Health (DOH) played a major role in the procurement by government of allegedly overpriced face masks and face shields at the height of the devastation of the COVID-19 pandemic last year. DOH logo virus background Former Commission on Audit Chairperson Grace Pulido Tan pointed...
The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) have rolled out an innovative monitoring system to track trips and even violations of public utility vehicles (PUVs) in real-time. (FILE PHOTO / MANILA BULLETIN) During the launching on...
Senator Richard Gordon on Sunday, Sept. 4 urged lawmakers to expedite the passage of the bill that would encourage the entry of more investments in Central Luzon. Gordon is referring to Senate Bill No. 1549 or the Regional Investment and Infrastructure Coordinating Hub (RICH) of Central Luzon which...
The Securities and Exchange Commission (SEC) has approved the maiden public offering of Central Azucarera de San Antonio, Inc. (CASA) worth up to P558.5 million. In its meeting on August 31, the Commission En Banc resolved to render effective the registration statement of CASA covering 1.85 million...
As the National Capital Region (NCR) inches closer to finishing the inoculation of its around 9.78 million residents against the coronavirus disease (COVID-19), majority of the arriving vaccines in the fourth quarter of the year will be allocated in other Luzon provinces, the country's vaccine czar...
The Philippine Coast Guard (PCG) installed its first-ever radio repeater center in Central Luzon on Wednesday, Aug. 25. Personnel of the PCG District National Capital Region (NCR) – Central Luzon, PCG Station Cavite, and PCG Communications, Electronics, and Information Systems Command have...
Economic and tourism activities in Siquijor are expected to grow as the Department of Transportation (DOTr) unveiled Thursday, Aug. 26, two vital transport infrastructure projects in the island province. Department of Transportation (DOTr) Secretary Art Tugade, Civil Aviation Authority of the...
About 23,000 tons of wastes have been collected from the tributaries of Manila Bay in Central Luzon since January 2021 as the Department of Environment and Natural Resources (DENR) continues its clean up efforts, a DENR director disclosed Monday, Aug. 23. More tons of wastes have been collected...
