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The EU Deserves Credit for Helping to Protect Democracy in Guatemala

After much delay, Bernardo Arevalo and Karin Herrera were officially sworn in as Guatemala's new president and vice president for a four-year term in the early hours of January 15. Civic mobilizat.....»»

Category: lifestyleSource: abscbn abscbnJan 18th, 2024

FPRRD opposes disguised Charter change initiative

Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Why the dollar is still strong

Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

No doubt about CJ

There’s a raging debate on who actually deserves the PBA Commissioner’s Cup Best Import award after Phoenix’ Johnathan Williams bagged the accolade when the hot favorites were Magnolia’s Tyler Bey and San Miguel Beer’s Bennie Boatwright......»»

Category: sportsSource:  philstarRelated NewsFeb 12th, 2024

Fitch keeps credit rating of 5 Philippine banks

Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Lisa Frankenstein review: Liza Soberano deserves Hollywood

In numerous scenes of "Lisa Frankenstein," Liza Soberano in her Hollywood debut is the most engaging element......»»

Category: entertainmentSource:  philstarRelated NewsFeb 8th, 2024

High rates dampen credit growth in 2023

he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Japan credit rater bullish on Philippine growth this year

The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Philippine lags in ASEAN credit growth indicators

The country’s credit growth is seen declining over the next two quarters, compared to its Association of Southeast Asian Nations peers, Bank of America Global Research said in a report......»»

Category: financeSource:  philstarRelated NewsMay 20th, 2024

D& L bonds maintain top credit rating

D&L Industries Inc., the country’s leading specialty food ingredients and oleochemicals producer, has maintained the highest credit rating for its outstanding bonds......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

EastWest ramping up credit business

Gotianun-led East West Banking Corp. is strengthening its credit business for possible upticks in loan demand later this year, its top officia.....»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Asialink secures P300 million credit line from Taiwanese bank

Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

VP Sara: Protect kids vs NPA recruitment

VICE President and Education Secretary Sara Duterte is asking for help to protect the school children so they would not be easily recruited by the New People's Army (NPA)......»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

DICT training workers to protect cyberspace

The Department of Information and Communications Technology will be conducting a nationwide upskilling to protect cyberspace nationwide, DICT Secretary Ivan John Uy said Thursday......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

Mandaue’s CAO eyes purchase of shade nets for urban gardeners

MANDAUE CITY, Cebu – The Mandaue City Agriculture Office (CAO) is thinking of ways to help urban gardeners here protect their plants from the excessive heat. One remedy that office in-charge Sharon Mangadlao has thought of was the purchase of shade nets, which is a lightweight knitted polyethylene fabric that can protect plants and people.....»»

Category: newsSource:  inquirerRelated NewsMay 1st, 2024