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Finally, a complete 7-member Monetary Board
Last Friday, Jan. 26, marked a turning point for Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, with him finally comfortably hosting this year’s annual reception for the banking community outdoors at the BSP compound’s historic Fort San Antonio Abad on a cool early evening, with a relaxed business casual suit but no tie dress code, and finally with a complete seven-member Monetary Board......»»
Diokno as Monetary Board member: I’m now cooling down
Former finance secretary Benjamin Diokno says he is now on a cooling down mode as he was sworn in as the last member of the Monetary Board......»»
2 board members to Daluz-led board: We’re still here
2 board members to Daluz-led board: We’re still here.....»»
EDITORIAL - Minimum inconvenience
With just over a week to go before the deadline, 313 routes in the National Capital Region still lack a consolidated transport service entity, according to data from the Land Transportation Franchising and Regulatory Board. After a one-month grace period, the LTFRB says it will no longer give another extension of the deadline, as it cited a 76.6 percent consolidation rate nationwide......»»
Bautista binoldyak sa motorcycle lane
Kontra ang dalawang senador sa panukala ng Department of Transportation (DOTr) na maglagay ng karagdagang motorcycle lane sa EDSA dahil mababawasan daw ang puwedeng madaanan ng iba pang sasakyan. The post Bautista binoldyak sa motorcycle lane first appeared on Abante......»»
New Angkas app redefines motorcycle rides
Homegrown motorcycle taxi firm Angkas has unveiled a new app to redefine motorcycle taxi service and set a new benchmark for speed, safety and efficiency......»»
Boy killed, 3 injured in motorcycle crash in Philippines
MANILA, Jan. 27 (Xinhua) -- A seven-year-old boy was killed after the motorcycle driven by his father crashed into a concrete post in Batangas province, south of Manila, police said Saturday. The accident happened at around 8:30 p.m. local time (1230 GMT) on Friday in Rosario town. Initial investigations showed the father lost control of the motorcycle which hit the gutter and crashed into the roadside post......»»
Boy killed, 3 injured in motorcycle crash in Philippines
MANILA, Jan. 27 (Xinhua) -- A seven-year-old boy was killed after the motorcycle driven by his father crashed into a concrete post in Batangas province, south of Manila, police said Saturday. The accident happened at around 8:30 p.m. local time (1230 GMT) on Friday in Rosario town. Initial investigations showed the father lost control of the motorcycle which hit the gutter and crashed into the roadside post......»»
Marigondon motorcycle accident: Two killed, one injured
LAPU-LAPU CITY, Cebu— Do not drink alcoholic beverages and still drive. This is a fitting reminder to motorists after two individuals—one was a woman—died in a motorcycle accident in Marbeach Road, Barangay Marigondon in Lapu-Lapu City on Tuesday dawn, January 16, 2024. Raile Pangatungan, 20 years old, the driver of the motorcycle, and Judy Paquibot.....»»
Dubious intentions
It is just a matter of time before motorcycle taxis are legalized as a mode of public transportation......»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Seniors, PWDs to get P125/week discount starting March
Seniors, PWDs to get P125/week discount starting March.....»»
Cancer Center PPP up for NEDA board approval
The proposed change in the cost and terms of the University of the Philippines - Philippine General Hospital (UP-PGH) Cancer Center public private partnership (PPP) project will be presented for the National Economic and Development Authority (NEDA) board approval next week, the PPP Center said. .....»»
Poe to LTFRB: Show routes affected in PUVMP
Sen. Grace Poe is urging the Land Transportation Franchising and Regulatory Board to publicize a complete list of routes and ensure mobility of the commuting public once the public utility vehicle modernization program is implemented......»»
556 E-bike crashes recorded in NCR in 2023 — LTFRB
According to data of the Land Transportation Franchising and Regulatory Board, the e-bike crashes in the National Capital Region (NCR) resulted in 281 instances of property damage, 273 non-fatal injuries and two fatal injuries. .....»»
Quick look at the week ahead
Domestically, Cebu Landmasters will wrap up its follow-on offering sale of preferred shares tomorrow (the listing is next week), and on Friday, we’ll get the inflation data for March from the Philippine Statistics Authority (which will set the table for the BSP’s decision on interest rates on Monday of next week). I.....»»
Ex-Gov Malanyaon’s daughter swears in as board member
MICHELLE Malanyaon-Centeno, the daughter of the late Governor Corazon N. Malanyaon, was officially sworn in as the newest member of the Sangguniang Panlalawigan on Monday, February 12, 2024, at the Davao Oriental Provincial Capitol......»»
Recto joins BSP’s Monetary Board
Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»
Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board
'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»
Monetary Board awaits Palace word on government representative
The Bangko Sentral ng Pilipinas is awaiting word from Malacañang as to who will be the government representative in the seven-member Monetary Board......»»