With higher exports and few layoffs, the country's mining sector has remained largely unaffected by the COVID-19 pandemic, a mining official said. In a webinar hosted by Arangkada Philippines, Chamber of Mines of the Philippines (COMP) Chairman Gerard Brimo said on Wednesday that the mining sector...
The Department of Finance (DOF) has identified three sources of funds for the procurement of the coronavirus vaccines that will be given to priority sectors. In a report to President Duterte, Finance Secretary Carlos G. Dominguez III said the government would source the P73.2 billion COVID-19...
The Bangko Sentral ng Pilipinas (BSP) has revealed a new logo, replacing the 10-year old current logo. This will be the third time since the 1993 New Central Bank Act charter created the BSP that its logo has been changed. The current logo was introduced in 2010. The BSP said the new logo is...
Philippine banks are not only strong but resilient enough to withstand the pandemic-hit financial market and to help prop up an economy in recession, said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno. “While the impact is still unfolding, the good news is that the financial...
A week since Typhoon Ulysses hit the country, the Mines and Geosciences Bureau (MGB) has allowed miners to re-align their funds for their respective Social Development and Management Programs (SDMP) to bankroll their typhoon relief efforts. “In the interest of public service and for humanitarian...
The National Chess Federation of the Philippines (NCFP) has fielded in Al-basher Buto, Christian Gian Arca, April Joy Claros and Oshrie Jhames Reyes to the national team it is sending to the World Cadets and Youth Rapid Chess Championships on Nov. 27 to Dec. 23. The four placed second in their...
Dismayed over the Philippines disaster responses in the recent typhoons, Business groups have urged Filipinos to move in an efficient fashion in partnership with local government units to mitigate the impact of climate change. “We express serious concern about the state of our...
The country’s top corporations have shown that they have been walking the talk even before signing the Covenant for Shared Prosperity wherein they have sacrificed profitability in order to take care of their stakeholders and ensure sustainability....
The Bangko Sentral ng Pilipinas (BSP) is expected to keep the benchmark rate unchanged when it meets on November 19, the second to its last two Monetary Board policy meetings for the year. ING Bank, HSBC and Union Bank of the Philippines’ analysts all said that the Monetary Board will not...
Enthusiasts and professional athletes like Kim Remolino will benefit if the proposal of a "triathlon bubble" gets an approval from the IATF. (Photo from Kim Remolino’s Facebook account) The Triathlon Association of the Philippines (TRAP) plans to hold a sprint race event with hopes of slowly...
Filipinos and their deep-rooted tradition of remembering departed loved ones The Philippines is perhaps one of many countries in the world with deep-rooted traditions that involve the family. Be it the Lenten and Easter season, Christmas and New Year, or important occasions like birthdays and...
(Taylor Weidman / Bloomberg / FILE PHOTO / MANILA BULLETIN) State-run Social Security System (SSS) has extended the validity of Land Bank of the Philippines issued checks to provide members with additional time to encash their benefits and loans. In a statement, Aurora C. Ignacio, SSS president and...
