Advertisements


We are sorry, the requested page does not exist




Eased forex rules to take effect this year

The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Inflation likely eased below 3 percent in January

Economists believe inflation further eased for the fourth straight month in January, with some convinced that the rise in consumer prices slowed to below three percent for the first time in more than three years......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

VP Sara ready to face ICC charges only before a Filipino court

Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Sara reveals she will run in next polls

Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Bahay decides to attend Ateneo

Cebuano basketball prospect Jared Bahay has decided to attend the Ateneo de Manila University for college and will don the Blue Eagles jersey starting in the UAAP Season 87 this year......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

NBA: Stretch run arrives, time for playoff push

There’s no NBA player who is a bigger fan of harness racing than Denver’s Nikola Jokic. He owns horses, goes to tracks whenever he can and even accepted one of his MVP awards while riding around at his farm in Serbia. He knows the stretch run often decides races. And the same holds true in.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang

MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»

Category: newsSource:  inquirerRelated NewsFeb 1st, 2024

Drop Cha-Cha bid ‘and everything will be heaven tomorrow,’ Duterte tells Marcos

DAVAO CITY (MindaNews / 31 January)— Former president Rodrigo Duterte said “everything will be heaven tomorrow” and “happy days are here again” if President Ferdinand Marcos Jr. drops “like a hot potato” attempts to change the 1987 Constitution through People’s Initiative. Duterte, in a press conference Tuesday night at the Grand Men Seng hotel, also […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Ex-President Duterte is lone 2024 Datu Bago awardee

DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

PNP will not enforce arrest warrant for Duterte if ICC issues one

MANILA, Philippines — If the warrant of arrest from the International Criminal Court (ICC) for former President Rodrigo Duterte ever comes out, the Philippine National Police (PNP) will not enforce it, according to its spokesperson Col. Jean Fajardo. Although PNP has no confirmed information on the issuance of the arrest warrant, Fajardo said it will.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2024

Factory activity eases in March

The growth in Philippine manufacturing activity eased slightly to 50.9 percent in March from 51 percent in February as production levels declined amid material shortages......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Catch-up Fridays eased for teachers

JENIELITO "Dodong" Atillo, spokesperson of the Department of Education (DepEd-Davao), clarified during the AFP-PNP press conference held on Wednesday morning, March 27, 2024, at the Royal Mandaya Hotel, that the implementation of “Catch-up Fridays” has been streamlined to alleviate any perceived burden on teachers......»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

T-bill rates ease ahead of Fed meet

Rates for the government’s short-term securities eased for the second straight week ahead of the monetary policy decision of the US Federal Reserve......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Grab Philippines commends Marcos, Romualdez on transpo reforms

During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Date night inflation: Cost of flowers and condoms this Valentine’s Day 2024

Good news for lovebirds this Valentine's Day: Inflation has eased......»»

Category: newsSource:  rapplerRelated NewsFeb 14th, 2024

Inflation eases to 2.8 percent in January

Driven mainly by the slower increases in food prices, inflation eased further to 2.8 percent in January, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Philippines inflation rate slows to 2.8 pct in January

MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»

Category: newsSource:  manilanewsRelated NewsFeb 6th, 2024

Wholesale price growth slowed in 2023

Growth in bulk prices of goods in the country eased last year as food and three other commodity groups posted slower price increases, according to the Philippine Statistics Authority......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

BSP: Inflation likely eased further in January

Headline inflation likely slowed further for the fourth straight month in January, ranging between 2.8 and 3.6 percent, after easing to a 22-month low of 3.9 percent in December, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Remittances ease to $3 billion in November

Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024