Monetary Board keeps policy rates unchanged
February 7, 2019
The Bangko Sentral ng Pilipinas (BSP)’s policy-setting body said it kept key rates unchanged in their meeting Thursday. The BSP said the decision of the Monetary Board is ”based on its assessment of a more manageable inflation environment.” The interest
Duterte orders vigorous campaign on children immunization amid measles outbreak
February 7, 2019
President Rodrigo Duterte has ordered a vigorous campaign on the immunization of children in the wake of the measles outbreak in Metro Manila and Central Luzon. This as Health Secretary Francisco Duque III, during the Cabinet meeting on Wednesday night
Swine fever confirmed in more prefectures in Japan
February 7, 2019
Tokyo–Swine fever cases were confirmed in four more prefectures in Japan on Wednesday, after the first outbreak of the disease in the country in 26 years happened in the central prefecture of Gifu last September. Pigs at a farm in
Abe to hold phone talks with Trump on North Korea
February 7, 2019
Tokyo–Japanese Prime Minister Shinzo Abe plans to hold a telephone conference with U.S. President Donald Trump shortly to coordinate policies on North Korea ahead of a second summit between Washington and Pyongyang, informed sources said Wednesday. “It may be difficult
Duterte wants to streamline land use conversion process
February 7, 2019
President Rodrigo Duterte has ordered concerned government agencies to streamline land use conversion process. Duterte made the order during the 34th Cabinet meeting on Wednesday night in Malacanang where he also had an “outburst” due to the tedious process in
DOH declares measles outbreak in four more regions
February 7, 2019
Two regions in Luzon and two in Visayas, are experiencing outbreaks of measles, the Department of Health (DOH) said Thursday. In a press conference, Health Secretary Francisco Duque III said they are expanding coverage of the measles outbreak after cases
Aboitiz infra arm signs deal with DICT to build, operate, maintain towers
February 7, 2019
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group has signed a memorandum of understanding with the Department of Information and Communications Technology (DICT) to build, operate, and maintain a network of towers throughout the Philippines. Part of Aboitiz
Foreign biz groups back economic team’s call for swift legislative OK of investment-friendly bills
February 7, 2019
Prominent business organizations have joined the call of the economic managers for the Congress to swiftly approve three legislative measures that aim to lift or ease restrictions on entry of foreign investments into the country. The Joint Foreign Chambers of
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