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SEC formally asks NTC to block Binance
In a letter to the NTC, SEC Chairperson Emilio Aquino says Binance 'poses a threat to the security of the funds of investing Filipinos'.....»»
BSP unlikely to cut rates in 1st half
The Bangko Sentral ng Pilipinas is unlikely to cut key policy rates within the first half of the year as it deems it necessary to keep monetary policy settings sufficiently tight in the near term to better anchor inflation expectations and mitigate second-round effects......»»
Phone etiquette 101: Why texting before calling matters for Jessy Mendiola
For actress Jessy Mendiola, she prefers that she would be given a heads up before someone calls her......»»
SEC, NTC move to block OctaFX websites
The Securities and Exchange Commission (SEC) has secured the endorsement of the National Telecommunications Commission (NTC) for the blocking of the websites and apps of OctaFX......»»
Junk website blocking order, NTC urged
"Insisting on the blocking of our websites runs counter to the government's claims of having a vibrant democracy. We call on the Philippine government to stop violating the people's right to free expression and opinion," they said. The post Junk website blocking order, NTC urged appeared first on Bulatlat......»»
SMNI anchors, reporters assail NTC’s decision on network suspension
The petitioners filed a request for a temporary restraining order and injunction, saying that the indefinite suspension imposed by the NTC violates the freedom of expression and the press......»»
NTC makes 30-day SMNI suspension indefinite
The National Telecommunications Commission yesterday ordered the indefinite suspension in the operation of the radio and television stations of Sonshine Media Network International, the broadcasting arm of Kingdom of Jesus Christ leader Apollo Quiboloy, after the group failed to comply with an earlier 30-day NTC suspension order......»»
BSP seen to cut rates by 100 bps this year
The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
BSP governor says February rate cut not likely
In statements made to the press, BSP Governor Eli Remolona said that due to the “numbers we are seeing” a rate cut “is not likely (on) February 15”, which is the next scheduled meeting date for the BSP’s Monetary Board......»»
Trabaho Para sa Bayan Act Implementing Rules Now Inked
The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»
Public reminded: Follow traffic rules to avoid accidents
MANDAUE CITY, Cebu –Officials of Mandaue City are reminding motorists to always follow traffic rules to avoid violations and possible accidents. Mayor Jonas Cortes stated on Friday, March 1, that adherence to traffic rules can ensure drivers’ safety and promote smooth traffic flow. “Kung magdali ka o mag-counterflow, prone ka sa disgrasya. Importante gyud ang.....»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
PRO-7: Rules on anti-terror law to boost efforts against terrorism in CV
CEBU CITY, Philippines — An official of the Police Regional Office in Central Visayas (PRO-7) said that they were preparing to make the necessary adjustments in line with the newly-implemented rules on anti-terrorism cases. On January 15, 2024, the “Rules on the Anti-Terrorism Act (ATA) of 2020 and Related Laws” officially took effect. This.....»»
Philippines says it will not grant US access to more bases
The Philippines says it has no plans to give the United States more access to military bases in the Southeast Asian country, putting a cap on the current total number of nine sites.Philippine President Ferdinand Marcos Jr. told foreign correspondents in Manila Monday that the country's decision last year to increase the number of sites agreed upon under the Enhanced Defense Cooperation Agreement or EDCA was a re.....»»
Pope Francis calls for studies into ‘ugly’ gender theory
'I have asked that studies be carried out into this ugly ideology of our times, which cancels out the differences and makes everything the same... Cancelling out the differences means cancelling out humanity,' the Pope says......»»
53% drop in Davao City’s road accidents: DCPO-TEU
The Davao City Police Office-Traffic Enforcement Unit (DCPO-TEU) has reported a significant 53% decrease in road accidents during the first 16 days of 2024 compared to the same period in 2023. Deputy Chief Pcpt. Raymundo B. Bacera Jr. revealed these statistics during the ISpeak media forum, citing 213 recorded incidents in 2023, compared to only 102 in 2024. He noted a reduction in the number of vehicles involved, from 120 to 51. Human error was identified as the primary cause of accidents, accounting for 97% of cases, while vehicle defects and road defects contributed to 2% and 1% of incidents, respectively. Private vehicles were involved in 40% of the accidents, with common human errors including texting/calling while driving, overtaking, and speeding. The peak hours for accidents were identified as between 2 pm to 4 pm. Despite the implementation of the New Speed Limit Ordinance, which came into effect on January 11, 2024, Dionisio Abude, head of the City Transport and Traffic Management Office (CTTMO), emphasized that the ordinance cannot guarantee the absence of road incidents, highlighting the critical role of driver behavior and driving habits. Since the ordinance's enforcement, CTTMO and DCPO-TEU have issued citations to 730 violators, with private vehicles constituting 49% of the total, followed by motorcycles, taxis, trucks, public utility jeepneys, buses, and public utility vans......»»
BSP may cut rates by mid-2024
The Bangko Sentral ng Pilipinas may start cutting interest rates as early as June this year, according to economists......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»
Moody’s, Fitch research arms see rate cuts in 2nd half
The research units of the Moody’s and Fitch Group expect the Bangko Sentral ng Pilipinas to cut rates in the second half , reversing a tightening cycle that saw key policy rates rise by 450 basis points......»»