BSP expects inflation settling within target range
March 5, 2019
The Bangko Sentral ng Pilipinas ( BSP) said the February inflation rate of 3.8 percent ” is consistent” with its “expectation of the continued easing of price pressures.” This means, the BSP said, ”inflation will likely settle within the target range in
Duterte names Diokno as new central bank chief
March 4, 2019
President Rodrigo Duterte has named Budget Secretary Benjamin Diokno as the next central bank governor. Executive Secretary Salvador Medialdea, in a text message to reporters, said Diokno will be the successor of late Bangko Sentral ng Pilipinas Governor Nestor Espenilla
Philippines slips on global ranking on women in business
March 4, 2019
The Philippines’ global ranking on women in business went down to fifth place in the 2019 Women in Business report by Grant Thornton International Ltd from first place in 2018. Even though the country ranked first in Asia,
Libya releases seven Filipino seamen
March 4, 2019
The Libyan High Court ordered the release of seven Filipino seamen who have been held since 2017 for fuel smuggling, the Department of Foreign Affairs (DFA) said Monday. ”Chargé d’Affaires Mardomel Celo Melicor said the Embassy received a copy of
Police, anti-drug agents bust P14 million operation in QC
March 4, 2019
The National Capital Region Police Office (NCRO) and the Philippine Drug Enforcement Agency (PDEA) confiscated around P14 million worth of illegal drugs in a buy-bust operation in Quezon City Monday morning. Police Major General Guillermo Eleazar, NCRPO director, said in
PSE index ends higher
March 4, 2019
The Philippine Stock Exchange index closed higher while ended slightly lower on Monday. The index finished at 7, 675.47 points, up 33.70. In the broader market, there were 103 decliners and 94 gainers while 52 shares were unchanged. Volume reached
Fire hits Camp Aguinaldo warehouse
March 4, 2019
Around P200,000 worth of properties went up in smoke after fire razed a warehouse in Camp Aguinaldo, Quezon City on Monday. Col. Noel Detoyato, Armed Forces of the Philippines (AFP) Public Affairs chief, said based on initial report the fire
Japan GSDF chief of staff visits AFP, Army headquarters
March 4, 2019
Gen. Koji Yamazaki, the chief of staff of the Japan Ground Self – Defense Force (JGSDF) visited the headquarters of the Philippine Army (PA) and Armed Forces of the Philippines (AFP) on Monday. Lt. Col. Ramon Zagala, Philippine Army spokesman,
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