PSE index up for 2nd day
February 5, 2020
The main Philippine share index ended higher for the second straight day on Wednesday. The peso declined to P50.92 against the US dollar from P50.765. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $930.6
Monetary Board to tackle economic developments Thursday
February 5, 2020
The Monetary Board will consider the latest economic developments, including the eight-month high inflation rate, when it meets on Thursday. January inflation came in at 2.9 percent from 2.5 percent in December, the Philippine Statistics Authority (PSA) said Wednesday. ”The
Three Chinese vessels arrive in Negros Oriental, ships undergoing quarantine
February 5, 2020
Three vessels from China arrived in Negros Oriental on Tuesday morning. the Philippine Coast Guard Guard (PCG) said on Wednesday. The PCG said these are a tugboat and two cargo barges. “Their last port call was in China, but the port
Filipino among 10 positive for coronavirus in cruise ship off Yokohama
February 5, 2020
A Filipino is among 10 persons who tested positive for the novel coronavirus on a cruise ship docked off the port of Yokohama and under quarantine by the Japanese government, the Department of Foreign Affairs (DFA) said Wednesday. The Diamond
NPC orders Grab Philippines to suspend in-car audio, video recording in Metro Manila
February 5, 2020
The National Privacy Commission (NPC) has ordered Grab Philippines to suspend its in-car audio and video recording in Metro Manila. In a Notice of Deficiencies issued to Grab Philippines last Friday, the NPC found several deficiencies in its selfie verification,
Año supports resetting date of PMA Alumni Homecoming
February 5, 2020
Interior and Local Government Secretary Eduardo Año expressed support on the suspension of the Philippine Military Academy (PMA) homecoming amid the threats from the 2019 novel coronavirus. “I support the suspension of PMA Homecoming to a later date. The novel
Palace lauds SWS poll, commits to creating more jobs
February 5, 2020
Malacanang on Wednesday committed to continue on creating an environment that generates more high-quality jobs as fewer Filipinos were jobless in December 2019. In a statement, Presidential Spokesperson Salvador Panelo said they welcomed the survey results of the Social Weather
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
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