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HMOs incur higher P4.3 billion losses in 2023
The health maintenance organization industry suffered a bigger net loss of P4.3 billion in 2023, marking the second straight year of a weak bottomline, as benefits and claims by its members soared......»»
Gov’t debt stock rose to P14.79 trillion as of Jan
MANILA, Philippines — The government’s outstanding debt rose in January due to a weak peso and after the Marcos administration borrowed more from local creditors than what it paid for its maturing liabilities, the Bureau of the Treasury (BTr) reported Friday. Data showed state obligations increased 1.9 percent month-on-month to P14.79 trillion as of January. ALSO READ:.....»»
How smuggled ultraluxury Bugatti Chirons expose flaws in LTO
An IT system with a weak audit trail makes it easy to smuggle in one of the world's most expensive sports cars.....»»
Weak exports still biggest hurdle to Philippines expansion
The Philippine export sector remains the biggest drag to economic expansion as it takes a hit from the slowdown in major trading partners, according to a unit of Fitch Solutions......»»
Rising heat prompts more Metro Manila LGUs to suspend in-person classes
MANILA, Philippines — The scorching heat has prompted more local government units in Metro Manila from announcing the suspension of in-person school classes on Wednesday, April 24. The suspension of face-to-face classes and the shift to online or asynchronous mode for April 24 have been announced by the following cities in separate advisories: READ MORE:.....»»
DepEd: Hot weather prompts schools to suspend in-person classes
MANILA, Philippines — Several cities and municipalities have opted for alternative mode of delivering classes and have suspended in-person classes due to the scorching hot weather, as revealed by the Department of Education (DepEd) on Monday. According to DepEd, 13 total cities and municipalities implemented alternative delivery mode (ADM) classes in the regions of Ilocos,.....»»
Tondo volunteer teachers denounce red-tagging, surveillance
“The harassment faced by the leaders of SMTH deeply troubles us. It prompts us to reflect on why the military is targeting this community-based, cause-oriented group that is simply advocating for their fundamental rights to housing and livelihood." The post Tondo volunteer teachers denounce red-tagging, surveillance appeared first on Bulatlat......»»
Tondo para-teachers denounce red-tagging, surveillance
“The harassment faced by the leaders of SMTH deeply troubles us. It prompts us to reflect on why the military is targeting this community-based, cause-oriented group that is simply advocating for their fundamental rights to housing and livelihood." The post Tondo para-teachers denounce red-tagging, surveillance appeared first on Bulatlat......»»
Angeles toddlers’ death inside car prompts probe into parental accountability
Autopsy results show the two toddlers died of asphyxia by suffocation.....»»
Chocolate Hills furor prompts Bohol bishop’s call to preserve national treasures
MANILA, Philippines — The public has been urged by the Catholic bishop of Bohol to preserve national treasures amid an outcry over the construction and operation of a resort in the middle of the picturesque Chocolate Hills’ protected area. The need to “recognize and cherish” Bohol’s natural wonders, specifically its Chocolate Hills and beaches was.....»»
Exploring OpenAI’s Sora with Midjourney and DALL-E 2
OpenAI’s latest generative AI model, Sora, has recently made waves in the tech community for its ability to produce videos based on simple prompts. CEO.....»»
OpenAI introduces AI model that turns text into video
(Reuters) – Microsoft-backed OpenAI is working on a software that can generate minute-long videos based on text prompts, the company said on Thursday. The software, called Sora, is currently available for red teaming, which helps identify flaws in the AI system, as well as for use by visual artists, designers and filmmakers to gain feedback.....»»
Interest rates to remain at 6.5% — BSP
The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) decided to retain its target reverse repurchase rate at 6.5%......»»
BSP sinisipat 4.2% inflation noong Marso
Sa pagtaya ng Bangko Sentral ng Pilipinas, maaaring umabot sa 4.2% ang inflation nitong Marso. The post BSP sinisipat 4.2% inflation noong Marso first appeared on Abante......»»
BSP issues guidelines for payment systems
The Bangko Sentral ng Pilipinas (BSP) has released its first Manual of Regulations for Payment Systems (MORPS), a formal compilation of all payment system regulations approved by the Monetary Board as of end-December 2023......»»
BSP on guard vs inflation risks amid El Niño
The BSP chief said headline inflation likely further accelerated to 3.9 percent in March from 3.4 percent in February due to base effects, but lower than the 7.6 percent in March 2023......»»
GCash gets BSP nod to enter Europe, ME
E-wallet leader GCash has received the green light from the Bangko Sentral ng Pilipinas (BSP) to offer financial services to overseas Filipino workers (OFWs) in Europe and the Middle East......»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
Remittances soar to P33.5 billion in 2023 – BSP
MANILA, Philippines — Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso. This increase in the value of remittances helped households cope with high inflation. According to the Bangko Sentral ng Pilipinas (BSP), cash remittances through banks totaled $33.5 billion, marking a.....»»
Market climbs ahead of BSP meeting
The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»