Central bank cuts policy rates after four-year low growth data
August 8, 2019
The Monetary Board cut policy rates by 25 basis points to 4.25 percent on Thursday, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said. Interest rates on the overnight deposit and lending facilities were reduced to 3.75 percent to 4.75 percent,
Philippine economy slows to 5.5% in Q2
August 8, 2019
The Philippine economy grew 5.5 percent in the second quarter, the lowest growth out turn in four years, Socioeconomic Planning Secretary Ernesto Pernia said on Thursday. The April to June gross domestic product growth was lower than the 6.2 percent
DOLE expects to start sending Filipino workers to Japan
August 8, 2019
The Department of Labor and Employment (DOLE) expects to start sending overseas Filipino workers (OFWs) under the special skilled workers (SSW) category to Japan. In an interview Wednesday, Labor Secretary Silvestre Bello III said: ”Everything is in process already… I
PNP welcomes people willing to cooperate on ”8chan” probe
August 8, 2019
The Philippine National Police ( PNP) on Thursday said they are welcome anyone willing to cooperate with the investigation on the online message board “8chan.” “If ever that someone wants to cooperate then that’s okay. It’s good and we can
Philippines, Indonesia affirm cooperation fighting terrorism
August 8, 2019
The Philippine and the Indonesian armies affirmed their cooperation in fighting terrorism. Lt. Col. Ramon Zagala, Philippine Army spokesman,said the commandant of the Indonesian Army and General Staff College (IACGSC) Maj. Gen. Kurnia Dewantara paid a courtesy call Wednesday on
PNP challenges Anakbayan to say where are the missing children
August 8, 2019
The head of the Philippine National Police ( PNP) on Thursday challenged members of Anakbayan to answer parents who are looking for their children who allegedly joined the leftist movement. In an ambush interview at Camp Crame, Police General Oscar
BI calls for investigation of syndicates issuing Philippine passports, IDs to iIllegal aliens
August 8, 2019
The Bureau of Immigration (BI) on Wednesday called for the investigation of syndicates behind the issuance of Philippine passports and other identification documents to illegal aliens. BI Commissioner Jaime Morente said “syndicates that assist aliens in acquiring Philippine documents are
Duterte visits wake of victims in Iloilo-Guimaras sea tragedies
August 7, 2019
President Rodrigo Duterte condoled on Wednesday with the families and relatives of those who perished in the boat sinking incidents in the Iloilo-Guimaras sea. Duterte went to the wake of 13 of at least 31 individuals who died from the
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