Busted
Regional Anti-Illegal Drugs Special Operation Task Group on Friday arrested a Chinese national identified as Jinfa Wang and seized 10 kilos of shabu and boodle money in a buy-bust operation in Greenhills Shopping Arcade, San Juan.
Two kinds of politicians
A man passes by a graffiti along Nakpil St. in Manila depicting two kinds of politicians running in the next May 9 national elections: one group is dedicated to public service, while the other is devoted to corruption. Edd Gumban / Philippine Star
Who moved the money?
Casino junket operator Kim Wong answers questions during a senate hearing in Manila on March 29. Mr. Wong claims two Chinese men were responsible for moving $81 million stolen by hackers last month from Bangladesh's foreign reserves into Philippine casinos. Following the brazen heist, the millions stolen from the Bangladesh central bank's American accounts were immediately sent via electronic transfer to a Philippine bank. AFP
Ill-gotten jewelry
This file photo taken on Nov. 27, 2015 shows an official from the Presidential Commission on Good Government (PCGG) holding a piece of jewellery seized by the Philippine government from former first lady Imelda Marcos, at the Central Bank headquarters in Manila. Philippine authorities on March 28, 2016 are staging an online exhibition of jewelry owned by late dictator Ferdinand Marcos and his family to try to educate a new generation about the corruption of that era. AFP
Heightened security
An airport security K9 unit inspects passengers' baggage at Manila's international airport on March 23. Security at all airports, seaports and public transport hubs was heightened across the country following the attacks in Brussels on March 22 that killed some 35 people in twin attacks by Islamic State jihadists. AFP
STOCKS FOREX FAST FACTS


April 01 INDEX
7,245.13 | 17.17
Open : 7,273.88
High : 7,285.63
Low : 7,205.62
Close : 7,245.13
Vol. : 1.016 B
Val. : 5.784 B




April 01 INDEX
Php 46.065 | 7.6
Open : 45.950
Close : 46.015
High : 45.950
Low : 46.125
Vol. : $832.00 M

PHL banks seen to have enough buffers amid rising credit costs


PHILIPPINE banks have enough capital buffers and liquid assets that can cushion rising credit costs, Standard & Poor’s (S&P) Ratings Services said in a new report, which provides enough room for them to pursue retail lending despite risks they entail.  

Bangladesh central bank officials to meet with BSP


BANGLADESH investigators and central bank officials will come to the Philippines by next week to directly coordinate with the Bangko Sentral ng Pilipinas (BSP) on the $81-million money laundering case, following the return of a portion of the stolen funds on Thursday.  

NLEx-SLEx connector road set to undergo Swiss challenge


THE METRO Pacific group has formally signed an agreement with the Department of Public Works and Highways (DPWH) for the terms of the long-delayed P23.2-billion North Luzon Expressway (NLEx) and South Luzon Expressway (SLEx) Connector Road project, paving the way for the start of the Swiss challenge.  
   STOCK MARKET
Malaysian capital seeks to free village ‘trapped in time’
IN the shadow of Kuala Lumpur’s mammoth Petronas Towers lies an urban anomaly: the rustic ethnic-Malay enclave of Kampung Baru, where chickens and barefoot children dart across streets little changed in a century.
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