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BSP sees room for further rate hike
After discounting the possibility of a rate cut in the first half of the year, the Bangko Sentral ng Pilipinas (BSP) believes there is still room to raise interest rates amid the country’s robust economic growth......»»
USD3.32-B Loan Approved by BSP
On Monday, the Bangko Sentral ng Pilipinas (BSP) announced that the Monetary Board approved USD 3.32 billion in medium-to-long-term (MLT) foreign borrowings for Q4 2023. From October to December 2023, the public sector’s foreign borrowings rose by 65.8%, reaching USD3.32 billion, up from USD2 billion in the same period in 2022. This brought the total […].....»»
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......»»
Piston 6 acquitted by Caloocan court
The Caloocan MTC, through Judge Marlo Bermejo Campanilla, granted the demurrer to evidence filed by the “Piston 6,” acquitting them of simple resistance and disobedience to authority, a charge under the Revised Penal Code......»»
MFC Cebu highlights program via wins in SHS-AdC Football Cup
CEBU CITY, Philippines– The Makati Football Club Cebu (MFC Cebu) bagged three titles in the SHS-Ateneo de Cebu Magis Eagles 6th Football Cup over the weekend in the younger age groups. MFC Cebu topped the under-6, under-8, and under-10 divisions under head coach Ref Cuaresma and assistant coach Ayn Quidlat, Emman Donkor, June Taneo, Daniel.....»»
Maya loan releases hit P34 billion
Maya Bank has disbursed over P34 billion in loans as of end-March, with 59 percent of its borrowers accessing credit for the first time through the lender......»»
RCBC auto, housing loans hit P121 billion
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»
Facebook, YouTube pages claim First Lady controls Marcos administration
Philstar.com granted MindaNews permission to republish this piece. Several Facebook and YouTube pages have made claims that First Lady Liza Araneta-Marcos is single-handedly controlling the Marcos administration.These posts and videos have called the First Lady the “mastermind” behind the decision to “allow” the International Criminal Court (ICC) arrest of former President Rodrigo Duterte, among other […].....»»
Cebu City Council OKs additional P65 million for CCSC renovation
CEBU CITY, Philippines – The Cebu City Council has approved an additional P65 million budget for the rehabilitation and ongoing renovation of the Cebu City Sports Center (CCSC). Initially, the executive department had requested P74 million, but only P65 million was granted. It can be recalled that Acting Mayor Raymond Alvin Garcia questioned the need.....»»
Baguio City to get upgraded telco service quality
Baguio City officials recently granted Mayor Benjamin Magalong authority to enter into a Memorandum of Understanding (MOU) with the Phil-Tower Consortium Inc. to improve the quality of telecommunications in the city......»»
Private complainant can t challenge bail, acquittal of accused — SC
The Supreme Court pointed out that a complainant in a criminal case cannot assail the bail and the acquittal granted in favor of the accused......»»
Mandaue City College gets new COPC from CHED
MANDAUE CITY, Cebu – The Mandaue City College (MCC) was granted a Certificate of Program Compliance (COPC) by the Commission on Higher Education (CHED). However, its COPC will only cover five degree program like Bachelor of Secondary Education Major in Math, English, and Filipino; Bachelor of Elementary Education; and Information Technology. COPC is a recognition.....»»
International agency executives’ immunity covers only official duties – SC
The Supreme Court has ruled that the immunity granted to officials and personnel of international organizations, such as the Asian Development Bank, only covers official activit.....»»
SC overturns Comelec s dismissal of DQ petition vs Cagayan governor
In a press release on Monday, the Supreme Court En Banc granted the petition for review filed by Ma. Zarah Rose De Guzman-Lara assailed the poll body’s dismissal of her petition to disqualify the former gubernatorial candidate and the current Cagayan Governor Manuel N. Mamba from the May 2022 local elections......»»
UNAP grants Human Rights Award to outstanding Pinoys
The United Nations Association of the Philippines (UNAP), a 76-year-old non-government organization, has granted the Human Rights Award to four Filipinos who contributed significantly to the attainment of the United Nations Sustainable Development Goals (SDGs) in their respective fields......»»
Striking drivers, operators face financial woes
For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»
Duterte revocation of Trillanes amnesty unconstitutional – SC
The Supreme Court has voided an order issued by former president Rodrigo Duterte revoking the amnesty granted to former senator Antonio Trillanes IV......»»