With an already narrow output gap and the economy in a “goldilocks” or ideal state, the Bangko Sentral ng Pilipinas (BSP) said slashing key borrowing costs further by three-quarters of a point is unlikely, with two cuts more likely than one. “I think two is more likely than one. Two is still...
Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
The Department of Education (DepEd) has ordered stricter school safety measures and reinforced its violence prevention policies to protect learners and maintain secure learning environments across the country. The directive follows a recent incident that raised concerns over school security....
CEBU CITY – The Land Transportation Office-Central Visayas (LTO-7) clarified that it is not yet enforcing the “no plate, no travel” policy this month. The LTO-7 on Thursday, Aug. 7, issued a clarification after its regional director, Glen Galario, previously announced that the policy will...
The Philippines and India must continue to contribute in strengthening the world 's capability to withstand geopolitical challenges, and ensure that "major countries" do not use "undue influence." President Marcos stated this in his lengthy foreign policy address at the Observer Research...
To ensure the effective enforcement of the newly released Implementing Rules and Regulations (IRR) of the Anti-Bullying Act of 2013, a teachers ' group on Wednesday, August 6, urged the Department of Education (DepEd) to implement critical structural reforms—starting with smaller class sizes...
The Department of Education (DepEd) has earned praise from education stakeholders and child rights advocates for updating the implementing rules and regulations (IRR) of the Anti-Bullying Act of 2013—a move seen as a timely reform to promote safer school environments. The revised policy expands...
In a move to reinforce safe and inclusive learning environments, the Department of Education (DepEd) on Monday, August 4, announced the revised Implementing Rules and Regulations (IRR) of Republic Act No. 10627, or the Anti-Bullying Act of 2013—marking a significant step toward curbing bullying...
The Department of Foreign Affairs (DFA) backs President Marcos’ “friend to all” foreign policy, emphasizing its commitment to forge relationships and strengthen alliances with the global community. “Sinabi rin ng Pangulo na (The President said) we are friends to all and enemies to none....
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. indicated that the central bank is considering another 25-basis-point (bps) reduction in its key interest rate as early as August. “A further reduction in the key interest rate is 'on the table’,” Remolona told reporters on...
President Marcos said the Philippines is now held in “high regard” by the international community, citing the country’s calm and principled diplomacy, stronger global partnerships, and the contributions of overseas Filipino workers (OFWs). “Ngayon, masasabi natin na mataas ang tingin ng...
The Philippines maintains an independent foreign policy by being a “friend to all” and “an enemy to none,” President Marcos said during his fourth State of the Nation Address (SONA) on Monday, July 28. The Chief Executive, who delivered his 70-minute state address at the Batasang Pambansa...
