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Philippine central bank keeps interest rates unchanged

MANILA, Feb. 15 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate unchanged at 6.5 percent, and thus the interest rates on the overnight deposit and lending facilities were kept at 6 percent and 7 percent, respectively. In a statement, the Bangko Sentral ng Pilipinas (BSP) said the Monetary Board noted that the inflation outlook "was broadly unchanged.".....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Maya is '1 Digital Bank in PH

Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

Explained: PDIC and How It Works

At some point, I’m sure you’ve seen the acronym “PDIC” and “PHP500,000” together somewhere, especially if you’re constantly in digital banking apps or physical branches up and about. In the world of finance, understanding mechanisms that safeguard your hard-earned money is of utmost importance. One key player in this domain is the Philippine Deposit Insurance […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

DFA ordered to cancel expelled solon Arnie Teves’ passport

In a resolution dated February 8, Manila Regional Trial Court Branch 51 ordered the Department of Foreign Affairs to cancel Teves’ passport, citing the former lawmaker’s “designation” by the Anti-Terrorism Council, which served as grounds for the revocation of his documents......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Romualdez sidesteps allegation he ordered People s Initiative signature drive

House Speaker Martin Romualdez has shrugged off a senator’s allegation that he ordered lawmakers to gather signatures for the campaign to amend the 1987 Constitution via People’s Initiative. .....»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

79% of Filipinos favor US partnership amid heightened tensions in WPS — Pulse Asia

The December 3 to 7 poll, commissioned by think tank Stratbase Institute, showed that 79% of Filipino adults believe the government of President Ferdinand Marcos Jr. should cooperate with the United States amid rising tensions in the West Philippine Sea. .....»»

Category: newsSource:  philstarRelated NewsJan 16th, 2024

60 upland establishments work ordered stopped

60 upland establishments work ordered stopped.....»»

Category: newsSource:  sunstarRelated NewsMay 8th, 2024

Dumaguete City police station chief ordered relieved

Dumaguete City police station chief ordered relieved.....»»

Category: newsSource:  sunstarRelated NewsMay 7th, 2024

PMSC ordered to cease dolomite ops in Cebu

PMSC ordered to cease dolomite ops in Cebu.....»»

Category: newsSource:  sunstarRelated NewsMay 3rd, 2024

Ex-Mingla Vice Mayor ordered to halt construction works

Ex-Mingla Vice Mayor ordered to halt construction works.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 2024

Baste: I never ordered cops to kill drug pushers

DAVAO City Mayor Sebastian “Baste” Duterte clarified that he never ordered the police to kill anyone who is involved in illegal drugs......»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

Man expresses dismay after online-ordered cellphone swapped with plastic soft drink bottle, beef loaf

Man expresses dismay after online-ordered cellphone swapped with plastic soft drink bottle, beef loaf.....»»

Category: newsSource:  sunstarRelated NewsMar 30th, 2024

NTC orders SMNI to stop operations indefinitely

MANILA, Philippines — The National Telecommunications Commission (NTC) has ordered an indefinite suspension of the operations on Sonshine Media Network International (SMNI) radio and television stations. In an order dated Jan. 18, the NTC ordered Swara Sug Media Corporation, the business name of SMNI, to cease and desist its operations pending a hearing and final.....»»

Category: newsSource:  inquirerRelated NewsJan 23rd, 2024

No-parking signages in vicinity of Basilica removed 

CEBU CITY, Philippines — More parking spaces will now be available in the vicinity of the Basilica Minore Del Sto. Niño in Barangay Sto. Niño here. This after Cebu City Mayor Michael Rama ordered the Cebu City Transportation Office (CCTO) to remove all the no-parking signages within the vicinity of the Basilica.  He also ordered the.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

Marcos orders review of disabled soldiers’ separation benefits

In his speech during the commemoration of Day of Valor, Marcos ordered the defense, budget and finance departments to study the existing separation benefits “to see if they are commensurate with the sacrifices they have made.”.....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

Marcos orders review of disabled soldiers’ separation benefits

In his speech during the commemoration of Day of Valor, Marcos ordered the defense, budget and finance departments to study the existing separation benefits “to see if they are commensurate with the sacrifices they have made.”.....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

Philippines Marcos Boosts Maritime Security as China Tension Rises

MANILA, Philippines - Philippine President Ferdinand Marcos Jr. has ordered his government to strengthen its coordination on maritime security to confront 'a range of serious challenges' to territorial integrity and peace, as a dispute with China escalates.The order, signed on Monday and made public on Sunday, does not mention China but follows a series of bilateral maritime confrontations and mutual accusations.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

Marcos creates maritime council amid escalating tensions in West Philippine Sea

President Ferdinand Marcos Jr. has ordered the strengthening of the country's maritime security and domain awareness as tensions between the Philippines and China escalate over territorial disputes. .....»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Marcos orders skills training integration into K-12 curriculum

To increase the employability of senior high school graduates, President Marcos has ordered the integration of skills training into the K-12 curriculum......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

President Marcos: Lend water filters to flood-hit areas

To avoid outbreaks of waterborne diseases in communities affected by the flooding in Mindanao, President Marcos ordered government agencies yesterday to ensure a continued supply of potable water......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024