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Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

BSP Governor Eyes Potential Rate Cut as Inflation Eases

In a recent interview, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at a potential rate cut later this year, signaling optimism amid the nation’s economic landscape. While cautious about the first semester, Remolona remains watchful, stating that the move could come “within the year.” The BSP, responding to escalating inflation, had hiked […].....»»

Category: newsSource:  metrocebuRelated NewsJan 30th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsApr 24th, 2024

AMLC freezes assets of 8 terrorist groups

The Anti-Money Laundering Council has issued orders to freeze the assets of eight groups and a person designated as terrorists by the Anti-Terrorism Council......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

Recto revives plan to sell NAIA assets

Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

West divided over seizing Russian assets - Bloomberg

France and Germany have warned that outright confiscation would reflect badly on the West's financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.  &n.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief

Resilient facilities, adequate rescue assets, among priorities in DRRM, says OCD chief.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets

Converge ICT Solutions, Dito Telecommunity sign Master Facilities Provisioning DEAL to share assets.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Philippines debt declines to P14.9 trillion in March

The country’s outstanding debt declined by nearly two percent to P14.93 trillion as of end-March from a record P15.18 trillion a month ago as the government settled its obligations to both local and foreign lenders, according to the Bureau of the Treasury......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

BDO: No plan to buy stake in NAIA rehab

The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

3 incumbent councilors to join Ruiz’s slate

LAPU-LAPU CITY, Cebu — Three incumbent Cebu City councilors have expressed their intention to join the slate of former Customs Commissioner Yogi Ruiz in the upcoming 2025 midterm elections. However, Ruiz refused to disclose their names, citing concerns that their pending projects may not be funded if they are identified. “Wala pa lang gyud sila.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2024

Rama takes leave, now in Singapore

CEBU CITY, Philippines — Cebu City Mayor Michael Rama is currently in Singapore, just more than a month since he returned from Australia last Dec. 16. The mayor disclosed this through Cebu City’s media arm, Sugboanon Channel’s ‘Ingna’ng Mayor’, on Thursday, Jan. 25. However, Rama did not disclose when he would come back to Cebu.....»»

Category: newsSource:  inquirerRelated NewsJan 25th, 2024

Info on cornerstone investors now required

The Securities and Exchange Commission (SEC) has laid down rules governing cornerstone investors in initial public offerings, requiring issuers to disclose the necessary information on their prospective investors......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Suspects in Lapu-Lapu City murder nabbed

LAPU-LAPU CITY, Cebu — The suspects in the murder of Lapu-Lapu City Public Market assistant administrator, Christopher ‘Chris’ Ceniza, have already been apprehended by the police. This confirmation comes from Police Lieutenant Colonel Christian Torres, the spokesperson of the Lapu-Lapu City Police Office. Torres, however, declined to disclose the identity of the suspects to avoid.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Government raises P330 million from asset disposals in 2023

The Philippine Deposit Insurance Corp. raised some P330 million from disposing assets of padlocked banks last year......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024