Friday, October 2, 2020

PH debt break ₱10 trillion barrier by December — DBM

Data from the Department of Budget and Management (DBM) revealed that the Philippines' debt would keep rising in the next few months to end at ₱10.16 trillion by December. Outstanding loans of the national government...

Dennis Uy’s P700M loan request sparks warning vs PhilGuarantee

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Davao-based businessman Dennis Uy recently made headlines once again as reports say that he eyes for a huge amount of loan worth P700 million through his company Chelsea Logistics. Alarmed by this development, Bayan Muna...

Closed bank assets sold reaches P277 million – PDIC

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The Philippine Deposit Insurance Corporation (PDIC) sold P277 million worth of properties previously owned by 559 closed banks last year, higher than the total sold in 2018. In a statement issued on Monday, PDIC said...

GSIS to launch mobile app for members

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The Government Service Insurance System (GSIS) plans to launch a new mobile application as part of its efforts to make its services more accessible to its members. GSIS chairman and acting president Rolando Macasaet announced...

PayMaya BalikBayad campaign inspires Pinoys to go cashless

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PayMaya Philippines Inc. has stepped up its campaign to encourage more Filipinos to adopt cashless payment through the PayMaya app. PayMaya launched yesterday its “BalikBayad” campaign which eyes to follow the success of its “Don’t...

BSP resumes rate cuts as Asia battles pressure from nCoV threat

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The Bangko Sentral ng Pilipinas (BSP) said on Thursday that they have resumed their monetary policy easing, citing a manageable inflation environment and the need to cushion the economy from external hardships. At its first...

Coco Martin among artists who want House to tackle ABS-CBN franchise issue

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Ang Probinsyano star Coco Martin is among the artists and members of the entertainment industry who made an “urgent appeal” to the House of Representatives to tackle the franchise renewal of media giant ABS-CBN...

Help NO, Loan YES

The Department of Agriculture (DA) is offering a P25,000 cash loan to fishermen affected by the explosion of Taal Volcano in Taal, Batangas. But instead of praise, this measure...

Diokno to public: Don’t panic about global geopolitics

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno urged the public not to panic regarding the impact of the ongoing geopolitical developments abroad on remittances and oil prices. “Okay. What I can say is let’s...

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DepEd’s distance learning program hinders poor, disadvantaged learners from marginalized sectors

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In an online press conference on the upcoming opening of classes conducted by E-Net Philippines, students from poor, disadvantaged, and marginalized sectors shared their...

Duterte puts Velasco under the bus; says he could do nothing if Velasco...

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Presidential Spokesperson Harry Roque said that President Rodrigo Duterte will no longer intervene in favor of Marinduque Rep. Lord Allan Velasco after the House...

House members’ vote according to Duterte’s wishes — solon

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When asked if the House speakership takeover of his PDP-Laban party mate Marinduque Rep. Lord Allan Velasco is now final, Oriental Mindoro 1st District...