The Bangko Sentral ng Pilipinas (BSP) is not inclined to increase the amount it lends to the national government on the back of the improving coronavirus situation in the country. BSP Governor Benjamin E. Diokno said Thursday, Oct. 14, that he does not see a need to raise the direct cash advance...
Vice President Leni Robredo's camp confirmed on Friday, Oct. 1 that she indeed went to Camaines Sur to transfer her voter registration. Vice President Leni Robredo (Photo from OVP) However, it was a only "quick trip" as Robredo is already back in Metro Manila, Office of the Vice President (OVP)...
Davao City Mayor Sara Duterte-Carpio’s unwillingness to run for president despite consistently leading poll surveys for the position has given supporters more reason to encourage her to lead the nation. 50B3404E-BB7A-4E14-B32F-F0F7E874583D “Mayor Sara’s reluctance to run means she has...
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...
NIGHT OWL Anna Mae Lamentillo The economist. The reformist. The professor. While these may sound like characters in a television series, I’m just referring to only one real person. These could well describe the three main hats that Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno...
More than 300 Japanese guests from Japan’s leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration’s efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
Huge allocations of the coronavirus disease (COVID-19) vaccine--enough to inoculate 10 million people--will be sent to the provinces of Region IV-A or Calabarzon in the last four months of the year. Presidential Spokesperson Harry Roque speaks during a virtual press briefing on Aug. 26, 2021...
The Hugpong ng Pagbabago headed by its chairperson, presidential daughter and Davao City Mayor Sara Duterte, is not inclined to accept President Rodrigo Duterte’s endorsement for her to run for president in the tandem with Senator Christopher “Bong” Go in the 2020 national elections. HNP LOGO...
The Bangko Sentral ng Pilipinas (BSP) is tightening its monetary penalty system on erring banks by imposing a maximum P1 million for each transactional violation or P100,000 per business day for continuing offense. The previous monetary penalty for banks and/or their directors and officers was...
The Bangko Sentral ng Pilipinas (BSP) will stop accepting digital bank license applications by next week and will close the window for three years after limiting the number of digital banks in the country to just seven. “The judgment of the Monetary Board is that we will keep it close for...
A magnitude 7.1 earthquake rocked parts Mindanao early Thursday morning. Phivolcs The Philippine Institute of Volcanology and Seismology (Phivolcs) said strong temblor took place at 1:46 a.m. Its epicenter was estimated at 95 kilometers southeast of Governor Generoso in Davao Oriental. The...
Cavite Governor Jonvic Remulla on Wednesday, August 11 defended Manila Mayor Isko Moreno Domagoso after being mocked by critics for his old sexy photos circulating online. Cavite Governor Jonvic Remulla (left) and Manila Mayor Francisco "Isko Moreno" Domagoso "Hindi ito isyu (This is not an issue)....
