Diokno to continue policies of predecessor at BSP
March 6, 2019
Incoming Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno on Wednesday said would continue pursuing “steady and strong” economic growth and financial inclusion of his predecessor, Nestor Espenilla, Diokno, in his last press conference as budget secretary on Wednesday, adding readiness
Japan supports agricultural training, water projects in Bangsamoro region
March 6, 2019
Japan has extended financial aid for two projects in the newly-established Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), particularly for the Muslim rebels who would soon be decommissioned. Representing the Japanese government, Ambassador Koji Haneda signed exchanges of notes with
Diokno says executive will not intervene in budget process
March 6, 2019
Outgoing Budget Secretary Benjamin Diokno on Wednesday said the executive branch does not want to intervene in the Congress budget process. “That is still the legislative process. We will intervene once we get the budget, the end roll copy of
Villar is now Philippines’ richest man: Forbes
March 6, 2019
Former Senator Manny Villar is the Philippine’s richest man according to Forbes’ 2019 list of world’s billionaires on Tuesday. Villar has a net worth of $5.5 billion and ranked 317th worldwide. He is the chairman of Starmalls, one of the
Lorenzana orders military to validate Chinese harassment of Filipino fishermen
March 6, 2019
Defense Secretary Delfin Lorenzana ordered the military to validate alleged harassment of Filipino fishermen in the sandbars near the Pag-asa Island in West Philippine Sea. “Secretary of National Defense Delfin Lorenzana has directed the Armed Forces of the Philippines to
Manila Bay rehab gets a boost with DENR-SMC river cleanup partnership
March 6, 2019
The rehabilitation of Manila Bay got a major boost after food and beverage giant San Miguel Corp. (SMC) agreed to clean up the Tullahan-Tinajeros River System, one of the major river systems draining into the heavily polluted bay. The SMC
BSP welcomes appointment of Diokno
March 6, 2019
The Bangko Sentral ng Pilipinas welcomes and fully supports the appointment by President Rodrigo Roa Duterte of Secretary Benjamin Diokno as governor and chairman of the Monetary Board. In a statement Wednesday, BSP Officer-in-Charge Cyd Tuano-Amador said that as the
Peso closes at P52.24:$1
March 5, 2019
The peso lost ground against the US dollar while the local stock index ended slightly lower on Tuesday. The peso closed at P52.24 from the previous day’s P51.72, a day after the government announced the appointment of Budget Secretary Benjamin
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