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Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph
GCash misuporta sa BSP, DILG sa paglusad sa Paleng-QR Ph.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
Xinhua world economic news summary at 0900 GMT, Jan. 19
MANILA -- The Philippines' overall balance of payments (BOP) posted a surplus of 642 million U.S. dollars in December 2023, higher than the 612 million dollars recorded in the same month 2022, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in December 2023 reflected inflows arising mainly from the national government's net foreign currency deposits with the BSP.....»»
BSP partners with Baiphil
BSP partners with Baiphil.....»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
Comelec cannot conduct Cha-cha plebiscite this year – poll chief
The Commission on Elections cannot conduct a plebiscite for the amendment of the 1987 Constitution this year, according to Comelec Chairman George Garcia......»»
FPRRD: Constitutional amendment works may have started thru Con-Ass
FORMER President Rodrigo Duterte called the eagerness of the Marcos administration to amend the 1987 Philippine constitution for term extension "kababuyan” (nastiness) after learning that President Ferdinand “Bongbong” Marcos Jr. and his allies are now resorting to amending it through a Constituent Assembly (Con-Ass)......»»
Signature campaign for Charter change: ‘Rife with anomalies’
IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»
Women journos call for release of detained broadcaster Frenchie Mae Cumpio
On International Women’s Day, journalists have called for the release of detained community journalist Frenchie Mae Cumpio. The post Women journos call for release of detained broadcaster Frenchie Mae Cumpio appeared first on Bulatlat......»»
PhilHealth backs Speaker’s call for better benefit packages
Executives of the Philippine Health Insurance Corp. have thrown their support behind the call of House Speaker Martin Romualdez for the state insurer to enhance their service and benefit packages for members and their dependents......»»
Lab Notes | Rosario’s black sand: That which we call home
Juan is just one out of many fisherfolk unable to make a living from the sight that greets them in the morning and lulls them at night. When reclamation started in Manila Bay and in Bulacan Aerotropolis, it meant finding source material for dumping, and there is no need to look farther than Cavite whose coasts are rich in black sand. High in iron content, the black sand can be used for concrete and asphalt production—a vital ingredient for built infrastructure. The post Lab Notes | Rosario’s black sand: That which we call home appeared first on Bulatlat......»»
House starts plenary debates on rice tariff amendment
The House of Representatives will start plenary deliberations today on the committee approved measure amending certain provisions of the Rice Tariffication Law (RTL) for purposes of bringing down the price of rice in the retail market......»»
House leaders question Cha-cha survey results
Two House leaders yesterday questioned the latest Pulse Asia survey results which showed that 88 percent of Filipinos are opposed to the amendment of economic provisions in the 1987 Constitution......»»
Legislated amendment
After so much huffing and puffing against the controversial people’s initiative (PI), the questioned nationwide signature campaign to amend the country’s 1987 Constitution appears blown away to oblivion......»»
Transparency, accountability pivotal in Cha-cha talks, senator assures
Senate Majority Leader Joel Villanueva has underscored the unwavering commitment of the Senate to uphold its word, while placing paramount importance on the principles of transparency and accountability in the ongoing discussions surrounding the amendment of the 1987 Constitution......»»
4th mode of Cha-cha
In 2013, then House Speaker Quezon City 4th District Rep. Feliciano “Sonny” Belmonte Jr. first initiated a move to amend to the economic provisions of the 1987 Constitution by legislation – a law approved by Congress. Under Belmonte’s proposal, both chambers of Congress could vote separately to pass these economic amendments into law instead of a wholesale amendment of the Constitution......»»
‘Congress may review NGCP’s franchise’
The Joint Congressional Energy Commission might be convened to review and decide on the amendment or cancellation of the franchise of the National Grid Corp. of the Philippines following the region-wide power outage in Western Visayas that caused billions of pesos in economic losses, Sen. Raffy Tulfo said over the weekend......»»
Charter Day bonus for Cebu City gov’t employees ‘still pending’
CEBU CITY, Philippines – The Charter Day bonus for Cebu City government employees is still subject to deliberation, meaning there is no definite final date yet as to when it will be given. Councilor Noel Wenceslao, chairman of the Committee on Budget and Finance, has confirmed that Supplemental Budget 1, which includes allocations for the.....»»
Rama pushes for open, democratic approach to charter change
CEBU CITY, Philippines – Cebu City Mayor Michael Rama is pushing for open and democratic discussions about charter change, including holding a referendum during the 2025 elections to gauge public opinion on potential constitutional amendments. Through his program, Ingna’ng Mayor, aired on Sugboanon Channel on Tuesday, February 13, he called for a “referendum” process to.....»»