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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.....»»
Is Taiwan declaring independence?
The past week has seen China becoming much more aggressive in its policy of trying to isolate Taiwan......»»
‘Early rate cut to boost economy’
Interest rate cuts in the second half will likely boost economic and investment activity in the Philippines, providing some relief to borrowers who have been bearing the weight of restrictive monetary policy, according to ING Bank......»»
Landbank plans record P50 billion bond issue in Q4
State-run Land Bank of the Philippines plans to raise as much as P50 billion in its biggest bond sale toward the end of 2024 as it expects policy rates to finally ease......»»
BSP wants stricter policies vs erring bank personnel
he Bangko Sentral ng Pilipinas (BSP) is looking to require its supervised financial institutions to have a policy in determining the process and criteria on when to file legal cases against erring personnel, including dismissed directors, officers and employees......»»
Tighter-than-necessary rate environment on BSP’s radar
The Bangko Sentral ng Pilipinas (BSP) is beginning to see a tighter-than-necessary monetary policy environment, which may call the need to lower interest rates in the second half even if it cuts ahead of the US Federal Reserve......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday 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 that inflation expectations remain well-anchored while a restrictive policy stance.....»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
Cautious investors end brief market rally
The stock market snapped its brief two-day climb as investors stayed on a wait-and-see mode ahead of the BSP’s policy meeting......»»
ASEAN school network offers Master s degree scholarships for PWDs
The ASEAN University Network (AUN) has opened applications for scholarships for qualified persons with disabilities (PWDs) from the Philippines and other ASEAN countries to pursue a Master's degree in public policy or related fields......»»
FEF bucks proposal to restore NFA power
The Foundation for Economic Freedom is opposing the proposal to bring back the power of the National Food Authority to import and sell rice to consumers, saying this would reverse the gains from the reforms in the country’s rice policy......»»
Climate change erodes education outcomes: World Bank
Washington [US], May 11 (ANI/WAM): A new World Bank policy note presents latest evidence on how climate change is eroding education outcomes, including through increased school closures, and what to do about it. Over the past 20 years, schools were closed during around 75 percent or more of the extreme weather events that impacted 5 million people or more. It's now common for a country to close their schools multiple time.....»»
Senate pressed on bill to develop natural gas
Senators are being urged to immediately deliberate on a pending legislation that would put in place state policy for the full development of the Philippine natural gas industry......»»
UP Mindanao introduces new degree programs, inclusive admissions policy
The University of the Philippines Mindanao has announced upgrades to its academic programs and admissions policies......»»
MMDA: NCAP remains suspended
The no-contact apprehension policy or NCAP remains suspended, the Metropolitan Manila Development Authority said yesterday......»»
Peso weakness could prompt rate hike anew – IMF
Inflationary pressures stemming from currency depreciation may become a reason for Asian central banks, including the Bangko Sentral ng Pilipinas, to tighten monetary policy once again, the International Monetary Fund said......»»
CSC strengthens government workers’ right to organize
The Civil Service Commission has strengthened the policy on government workers’ right to organize as it launched the consolidated rules and regulations on conciliation services, the effectivity of collective negotiation agreements and recognition of national employees’ organizations......»»
Senate urged to act swiftly on bill to develop natural gas
The Senate should take swift action on a proposed legislation that would lay down state policy for the full development of the Philippine natural gas industry as the measure is a legislative priority of President Marcos, according to key members of the House of Representatives......»»
PNP says tattoo ban for cops not discriminatory
The Philippine National Police stressed on Sunday that its policy prohibiting police officers from bearing visible tattoos is not discriminatory against inked individuals. .....»»
EDSA busway violation: Cop, ambulance driver fined
A motorcycle-riding police officer and an ambulance driver were among the latest violators of a policy banning unauthorized vehicles from going through the EDSA bus lane......»»