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NEWS BRIEFS | 12 February 2024
MindaNews’ Gallardo is new Cagayan de Oro Press Club president MindaNews reporter Froilan Gallardo was elected as president of the Cagayan de Oro Press Club over the weekend. The press club held the elections last Saturday to vote for the 15-man board of directors. After the board was elected, the directors voted Gallardo as president. […].....»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
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......»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Philippines investment board awards green lane for solar power project
MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»
Union Bank board approves P10-B stock rights offering
The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»
Mayor Rama mum on including town reps in MCWD’s board
Mayor Rama mum on including town reps in MCWD’s board.....»»
Rabacal: Cebu Traffic Management Board
Rabacal: Cebu Traffic Management Board.....»»
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......»»
Traffic Board: Konsulta kon national roads pangsirhan
Traffic Board: Konsulta kon national roads pangsirhan.....»»
Planned national road closures need Cebu Traffic Board’s review, approval
Planned national road closures need Cebu Traffic Board’s review, approval.....»»
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......»»
T-bill rates up across the board
The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the 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......»»
Cebu Landmasters board approves P5-B preferred shares offering
Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»
LABOR DAY
Members of the union Nagkahiusang Mamumuo sa Davao City Water District (NAMADACWAD) joined the International Labor Day rally led by Kilusang Mayo Uno (KMU) Southern Mindanao on May 1 at Freedom Park as they call for an increase in living wage amid inflation and an end to attacks on union organizing. (Kath Cortez/davaotoday.com).....»»
Wage boards working on pay hike petitions’
The different Regional Tripartite Wages and Productivity Boards have started the review of existing minimum wage rates in their respective regions, according to Labor Secretary Bienvenido Laguesma......»»
A Cebuano food delivery rider’s pursuit of respect, fair wage
CEBU CITY, Philippines – A few years back, Naohde Vasyon had a stable corporate job that allowed him to earn up to P30,000 per month. But he was enticed to quit his job and instead join a popular delivery service platform because of the “tempting benefits” that were offered to him. Vayson, 55, has been.....»»
Government workers call for regularization, wage hike
Public employees have decried the extended employment of job order and contract service workers in government, saying that it prolonged the exploitation of contractual workers......»»