Philippines grapples with measles, pertussis outbreaks: UNICEF
MANILA, April 25 (Xinhua) -- The Philippines is experiencing measles outbreaks in the southern region, pertussis outbreaks in parts of Luzon and Visayas in the central region, and nearly 70 percent of the country's provinces and cities are at high risk of polio, the United Nations Children's Fund (UNICEF) has said. "All three are highly infectious diseases for children," the U.N. agency said in a recent press re.....»»
Philippines tallies 6 heat-related deaths
MANILA, April 24 (Xinhua) -- The Philippines' Department of Health (DOH) on Wednesday said it has received at least 34 cases of heat-related illness, including six deaths, from January 1 to April 18 this year. "The causes of death are still for verification," DOH Assistant Secretary Albert Domingo said. The 34 reported heat-related cases were from the central Visayas region in the central Philippines, the.....»»
Cops told to remove visible tattoos to keep professional image
CEBU CITY, Philippines – Policemen with visible tattoos even when wearing their uniform must remove their body art to maintain a professional image. This was the instruction stated in Memorandum Circular 2024-023 regulating the bearing and sporting of tattoos among law enforcers, applicants, and cadets in the academy. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson.....»»
PNP issues memo to regulate visible tattoo among personnel, applicants
MANILA, Philippines — The Philippine National Police (PNP) has issued a memorandum regulating the bearing and sporting of tattoos among its personnel, applicants, and even cadets in the academy, according to spokesperson Col. Jean Fajardo. In a press briefing on Monday, Fajardo said PNP issued Memorandum Circular 2024-023 in March this year, requiring all personnel.....»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
Philippines posts 1.2 bln USD surplus in March
MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»
Philippine remittances rise by 3 pct in February
MANILA, April 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 2.95 billion U.S. dollars in February, recording a 3 percent year-on-year growth, the Philippine central bank said on Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.8 percent to 6.10 billion dollars in the first two months, with the United States, Singapore, Saudi Arabia, and Japan.....»»
Government urged to abolish MAV system
The government should consider abolishing the minimum access volume (MAV) system as the mechanism is prone to corruption and favors only few entities, a member of the central bank’s Monetary Board (MB) said......»»
Philippines central bank keeps key interest rates unchanged
MANILA, April 8 (Xinhua) -- The Philippine central bank opted Monday to keep the bank's target reverse repurchase rate at 6.5 percent, and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said the latest inflation path has shifted slightly higher but still remains within targe.....»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
Loans to agriculture sector ‘quadrupled’ in 2023
The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»
Teodoro steers Mindoro past Bicol in MPBL
Teytey Teodoro found his groove in the homestretch and lifted the Mindoro Tamaraws past the Bicol Oragons, 84-81, on Monday in the 6th MPBL (Maharlika Pilipinas Basketball League) Season at the Kamalig Coliseum in Orion, Bataan......»»
Teodoro steers Mindoro past Bicol in MPBL
Teytey Teodoro found his groove in the homestretch and lifted the Mindoro Tamaraws past the Bicol Oragons, 84-81, on Monday in the 6th MPBL (Maharlika Pilipinas Basketball League) Season at the Kamalig Coliseum in Orion, Bataan......»»
BSP seen to stand pat on policy rates anew
The Bangko Sentral ng Pilipinas is likely to keep interest rates steady today as prices may continue to remain elevated this quarter, but analysts said the central bank may have room to be less hawkish amid easing inflationary pressures......»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
Forex buffer hits 2-year high
The country’s dollar reserves rose to a 23-month high in March due to higher government deposits with the central bank and higher gold prices in the international market, according to the Bangko Sentral ng Pilipinas......»»
DBP eyes pact with CL state firms, LGUs
State-owned Development Bank of the Philippines is actively engaging several state corporations based in Central Luzon in a bid to expand its services to priority clientele especially those outside of its traditional market and city centers, a top official said......»»
Thai billionaire actor makes presence felt in Philippines
Heir to the Central Group fortune, Pachara “Peach” Chirathivat, was in town just this week......»»
Central Visayas cops told to take cover….against the sun
CEBU CITY, Philippines – Central Visayas cops specially those who are out on the streets are reminded to always protect themselves against the scorching heat. Police Lieutenant Colonel Gerard Ace Pelare, PRO-7 spokesperson told policemen to always keep themselves hydrated in order to be fit to work despite the hot weather. Ever since summer began,.....»»
Partner of World Central Kitchen worker killed in Gaza calls for truth
Seven World Central Kitchen aid workers, including American Jacob Flickinger, were tragically killed in an Israeli airstrike in Gaza. Flickinger’s partner, Sandy Leclerc, is now.....»»