Yields on short-term government borrowings increased as investors expect the Bangko Sentral ng Pilipinas (BSP) to raise key policy rates this week. At an auction of Treasury bills on Monday, Aug. 15, the bellwether 91-day rate, which banks use in pricing their loans, inched up to 1.874 percent from...
The National Citizens' Movement for Free Elections (Namfrel) wants to see changes in the country's voter registration process. Namfrel In a statement on Monday, August 15, the poll watchdog group recommended to the Legislature the following: • Allow data sharing agreements between the...
Philippine National Bank reported a 50 percent drop in net income to P11.1 billion in the first half of 2022 from the P22.1 billion posted in the same period last year which had included a substantial non-recurrring gain. In a disclosure to the Philippine Stock Exchange, the bank said it recognized...
Following the 7.0 magnitude earthquake that hit northern Luzon last month, a pro-administration lawmaker sought the creation of the National Resiliency and Disaster Management Authority for a coordinated response to calamities In filing Senate Bill (SB) 186, Senator Imee Marcos said the National...
CONNECTIVITY PARTNERSHIP From left: Jason Ocampo, National Book Store’s Information and Communications Technology Department Head; Xandra Ramos-Padilla, National Book Store’s Managing Director; Jesus Romero, Converge ICT Solutions, Inc.’s Chief Operations Officer; Joffrey Marfil, Converge ICT...
From left: NRCE Co-chair Greg Lim, vice chair of Blims Lifestyle Group; Directors Mars Chua, president of Sportshouse; Bernie Liu, president and CEO of Golden ABC; Chairman Paul Santos, president of Picture City; Expo Overall Chair Donnie Tantoco, president of Rustan Commercial Corp.; Global...
The Procurement Service-Department of Budget and Management (PS-DBM) on Friday, Aug. 12, has turned over to the National Bureau of Investigation (NBI) documents related to the controversial Department of Education (DepEd) laptops. Dennis S. Santiago, PS-DBM executive director, said they also...
The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary...
The San Bartolome Parish in Malabon City was declared as an “Important Cultural Treasure” by the National Museum of the Philippines (NMP) on Thursday, Aug. 11. Mayor Jeannie Sandoval, lawyer Ma. Rosenne Flores-Avila of the NMP, Bishop Pablo Virgilio David of the Diocese of Kalookan, and Rev....
More than 25 of the country’s top retail and marketing experts will converge at the 28th National Retail Conference and Stores Asia Expo (NRCE) to help mentor local retailers as they get ready for robust growth amid new market conditions and forces brought about by the pandemic. The two-day NRCE,...
If there are special hospitals for soldiers and Overseas Filipino Workers (OFWs), the East Avenue Medical Center in Quezon city should be designated as a special hospital for the country’s more than 500,000 public school teachers and their dependents, Senator Francis Tolentino said on Thursday,...
President Ferdinand "Bongbong" Marcos Jr. has conveyed his sympathy over the death of Filipino sports icon Lydia de Vega. He enjoins the nation to pray for her peace. Lydia De Vega (Photo from Steph Mercado de Koenigswarter via Facebook) "I join the entire nation in mourning the untimely demise of...
