Bank lending rose faster in December
February 5, 2020
Preliminary data show that outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP), grew by 10.9 percent in December, faster than the 10.1-percent expansion in the previous month. On
House OKs bill to bring back ‘Good Manners and Right Conduct’ to schools
February 5, 2020
The House of Representatives on Tuesday approved on third and final reading House Bill No. 5829 which institutionalizes Good Manners and Right Conduct (GMRC) as part of the Department of Education (DepEd)’s K to 12 curriculum. It also creates a
PNP warns people who spread fake news on coronavirus will face charges
February 5, 2020
The Philippine National Police (PNP) on Wednesday warned that people who will spread fake news about the 2019 novel coronavirus will face charges. This after the PNP- Anti Cybercrime Group (ACG) reported that they are monitoring six fake news posted
Visitations for cadets at PNPA suspended: PNP
February 5, 2020
Visitations for cadets at Philippine National Police Academy (PNPA) were suspended amid the threat of the 2019 novel coronavirus. In a statement sent to reporters late Tuesday night, Police Brigadier General Bernard Banac, PNP spokesperson, said visitations are suspended until
Four suspects arrested as P10m worth of illegal drugs seized
February 5, 2020
Authorities arrested four drug suspects and confiscated P10 million worth of illegal drugs in Malabon City early Wednesday morning. According to the National Capital Region Police Office (NCRPO), operatives Malabon City Police Station and Philippine Drug Enforcement Agency (PDEA) conducted
Gov’t remains vigilant on upside risks to inflation: NEDA
February 5, 2020
The government remains vigilant as upside risks have emerged from several unexpected phenomena, said the National Economic and Development Authority (NEDA) Wednesday. Headline inflation accelerated to 2.9 percent in January 2020 from 2.5 percent in the preceding month. The Bangko
Razon’s move in Manila Water won’t affect revised water deal: DOJ
February 5, 2020
Justice Secretary Menardo Guevarra said tycoon Enrique Razon’s purchase of 25 percent of Manila Water shares will not affect government’s revision of the onerous and grossly disadvantageous provisions in the concession agreements with the two water firms. “The CA (concession
Royal Thai Navy contingents pay courtesy call to PN
February 5, 2020
Contingents of the Royal Thai Navy visited the Philippine Navy headquarters on Wednesday. Lt. Commander Maria Christina Roxas, acting public affairs director of the Navy, said the RTN contingents paid a courtesy call on newly-installed Flag Officer in Command Rear
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