The decades-long wait for the rehabilitation of Metro Manila’s main thoroughfare will take even longer as the government prepares to overhaul its plans on the project after President Marcos ordered the construction to be cut to just six months. The Department of Public Works and Highways (DPWH),...
Senator Joseph Victor “JV” Ejercito has renewed his suggestion for authorities to consider conducting a trial period for the No Contact Apprehension Program (NCAP) to fix any glitches in the system. Ejercito noted that the first day of the implementation of the NCAP yielded the most common...
Initial implementation of the No-Contact Apprehension Policy (NCAP) of the Metropolitan Manila Development Authority (MMDA) showed a decrease in violations of about 2,800, an official of the agency said on Tuesday, May 27. During the joint Senate hearing of the Committee on Public Services joint...
The end goal of the No Contact Apprehension Policy (NCAP) should be to promote safe and responsible driving, Senator Grace Poe reminded the Metropolitan Manila Development Authority (MMDA) on Monday, May 26. That is why the MMDA should address all issues about the NCAP to improve the policy, as she...
Senate President Francis “Chiz” G. Escudero on Monday, May 26 called on the Metropolitan Manila Development Authority (MMDA) to ensure a fair and transparent implementation of the No Contact Apprehension Policy (NCAP) to allay fears and concerns of motorists over its enforcement. This,...
Transportation Secretary Vince Dizon acknowledged that the lifting of the temporary restraining order (TRO) against the No Contact Apprehension Policy (NCAP) is a ”big win” for the government, however, noting that the policy is far from perfect. The Metropolitan Manila Development Authority...
In the aftermath of the midterm election that showed surprising upsets—and despite the prevailing uncertainty surrounding the United States’ (US) tariffs—the domestic market is gearing up for a possible interest rate cut by the Bangko Sentral ng Pilipinas (BSP). Talks going around the market...
With headline inflation falling to its lowest level in over five years, local and international financial institutions now expect the Bangko Sentral ng Pilipinas (BSP) to cut key interest rates by a total of 75 basis points (bps) by year-end, with the first reduction likely as early as the upcoming...
China has summoned Philippine Ambassador to China Jaime FlorCruz in Beijing to raise concerns over the Philippines’ decision to ease restrictions on government officials traveling to Taiwan to promote economic and trade relations. (Flags of China and Philippines) “Beijing has lodged...
BSP Governor Eli Remolona Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. is optimistic that the resumption of monetary policy easing will help narrow the gap between the economy’s subpar output growth and its full potential. “I hope so. That’s [policy easing] our main tool. We...
With the Bangko Sentral ng Pilipinas (BSP) resuming cuts on borrowing costs, private-sector economists expect the central bank to slash the key interest rate by an additional three-quarter point by the end of 2025. This followed the Monetary Board (MB) decision to reduce the policy rate by 25 basis...
The Bangko Sentral ng Pilipinas (BSP) is expected to finally push through with its much-awaited reduction in key interest rates to protect the economy from the likelihood of a wider negative outlook gap, no thanks to United States (US) President Donald Trump's reciprocal tariffs. In an April 4...
