Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. assured that, despite a liquidity hit, the Philippine banking system remains resilient against bank runs, following the freezing of nearly 730 accounts, with the central bank still in search mode for more suspicious accounts....
DAVAO CITY – A Davao City councilor has opened discussions on renaming the city’s 40 numbered barangays, particularly in the first district, to make them easier to identify. Speaking at the Pulong-Pulong sa Dabawenyos forum on Tuesday, Sept. 23, Committee on City-Owned Real Properties Chairman...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. warned that corruption in flood control projects is costing lives and undermining the country’s long-term resilience against disasters, describing it as nothing less than a “crime against the nation.” Teodoro made the remark...
Amid the recovery of the consumer market, billionaire Manuel B. Villar Jr. is strengthening management of AllHome Corp. and AllDay Marts Inc. by hiring two retail veterans as their new presidents. In a disclosure to the Philippine Stock Exchange (PSE), AllHome said Frances Rosalie T. Coloma has...
DAVAO CITY – A Davao City councilor confirmed that his committee is expediting approval of the city’s shelter plan, which lays out measures to ease the backlog in socialized housing and widen access to affordable homes for the people of Davao. Speaking at the Pulong-Pulong sa Dabawenyos media...
The Philippine National Police (PNP) found an ally in Department of National Defense (DND) Secretary Gilberto Teodoro Jr., who challenged the Commission on Human Rights (CHR) on Tuesday, Sept. 23, to take the place of civil disturbance management (CDM) personnel during protests so they could...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. criticized militant groups involved in the Mendiola protest that turned violent on Sunday, Sept. 21, saying they cannot be trusted to act responsibly within the country’s democratic systems. Teodoro’s remarks came after Bagong...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Monday, Sept. 22, urged the public to remain calm and respect democratic institutions following the massive anti-corruption protests over the weekend, where isolated incidents of violence were reported. Teodoro, in a radio...
Unutilized Philippine Health Insurance Corp. (PhilHealth) funds will now be rechanneled to greater universal healthcare (UHC) access, a move welcomed by the Department of Finance (DOF). In a statement on Saturday, Sept. 20, the DOF commended President Ferdinand R. Marcos Jr. for ordering the return...
Learners will soon be introduced to peace lessons as part of their regular studies as the Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) signed a memorandum of understanding (MOU) with the Department of Education (DepEd), Commission on Higher Education (CHED), and...
The alleged lapses in the anti-illegal drug operations of the Manila Police District (MPD) have come to the attention of the Philippine National Police (PNP), prompting acting national police chief Police Lt. Gen. Jose Melencio Nartatez Jr. to direct the National Capital Region Police Office...
Recognizing the need to ensure the safety of the investigating panel, the Philippine National Police (PNP) announced on Friday, Sept. 19, that it is ready to deploy uniformed personnel to meet the immediate security needs of the Independent Commission for Infrastructure (ICI) as it begins probing...
