The Overseas Filipino Bank (OFBank) does not have to remit dividends from its 2016 earnings to the national government after President Duterte issued an order cutting its dividend rate. President Rodrigo Duterte (File photo/Malacañang) Under Executive Order No. 146, the President adjusted the...
Transportation Secretary Arthur P. Tugade said the construction of the Metro Rail Transit Line 7 (MRT-7), which will connect Quezon City to Bulacan, is in "full swing" despite the persisting coronavirus disease (COVID-19) pandemic. (Photo from Art Tugade's Facebook Page) According to Tugade, the...
Five years into his leadership, President Duterte's efforts to ensure peace and order in the country proved to be effective so far as he obtained a passing grade from his Cabinet men on Wednesday, July 21. In this file photo taken on April 21, 2020, a member of the Philippine National Police...
The ₱64.9-billion Light Rail Transit (LRT)-1 Cavite Extension, which was delayed for two decades, has registered a 57 percent overall progress rate as of last month, the Department of Transportation (DOTr) today (July 20) reported. The LRT-1 Cavite Extension was first approved by t The NEDA...
The College Allied Health Studies of the city-run University of Makati (UMak) has attained 94.74 percent passing rate in the recent Nurse Licensure Examination, Mayor Abigail “Abby” Binay announced on Saturday (July 17). Just like a proud parent, the mayor bragged on social media about the high...
(PIXABAY) Independent research group OCTA has monitored a significant decrease in Metro Manila's coronavirus disease (COVID-19) case fatality rate (CFR) since the beginning of 2021. In its monitoring report released on Saturday, July 10, OCTA said the CFR in Metro Manila has dropped to 0.78 percent...
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III has welcomed the latest Labor Force Survey (LFS) results wherein the country posted its second lowest unemployment rate in the time of the coronavirus disease (COVID-19) pandemic. DOLE Secretary Silvestre Bello III (File photo/...
Students Unemployment rate in May eased to its second lowest level this year, the Philippine Statistics Authority (PSA) reported on Thursday, July 1. The number of jobless Filipinos dropped by 10 percent from 4.14 million in April to 3.73 million in May, equivalent to an unemployment rate of 7.7...
Malacañang urged the public to get vaccinated against the coronavirus disease (COVID-19) if they want the Philippines a zero mortality rate. Hundreds of residents from Cebu City who are under A1, A2, A3 priority lists which refer to medical frontliners, senior citizens, and people with...
The Bangko Sentral ng Pilipinas (BSP) has decided to keep its benchmark overnight rate at two percent during Thursday’s fourth Monetary Board policy meeting for the year because economic recovery remains “tentative” in terms of momentum, said BSP Governor Benjamin E. Diokno. 14826 “(The)...
Despite the coronavirus disease- 2019 (COVID-19) improved trust rate, the government may need to further harness its convincing prowess to entice more individuals to be inoculated for the country to achieve herd immunity. This was evident on Thursday, June 24, after several individuals remained...
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) is expected to leave its policy rate steady at two percent during Thursday’s policy meeting, according to Moody’s Analytics. “The near-term prospects remain worrisome for the Philippines as the country copes with an intense domestic...
