Bank Indonesia chief says digital rupiah currency can be used in metaverse
JAKARTA — Indonesia’s central bank Governor Perry Warjiyo said on Monday its planned digital rupiah currency can be used in the future to buy products in the metaverse.
Local shares fall on last-minute profit-taking
LOCAL STOCKS declined further on Monday on profit-taking ahead of the release of November inflation data.
Ecozones underutilized but more in pipeline, NEDA’s Balisacan says
ECONOMIC ZONES are currently underutilized and must be planned with more of an eye towards their long-term attractiveness to locators, National Economic and Development Authority (NEDA) and Socioeconomic Planning Secretary Arsenio M. Balisacan said.
Red, yellow alerts raised over Visayas grid after four power plant outages
THE National Grid Corp. of the Philippines (NGCP) said it declared red and yellow and over the Visayas grid on Monday, with the red alert subsequently canceled before it was due to begin after sufficient power was found to offset the loss of four power plants.
House committee clears reform bill for real property valuation by LGUs
THE House committee on ways and means approved a substitute bill seeking to reform the real property valuation system to allow local government units (LGUs) to better sustain themselves via property taxes, with the bill calling for uniform valuation standards and an electronic database of all real property transactions.
OCTA: COVID positivity rate rose a bit in Philippine capital region
THE CORONAVIRUS disease 2019 (COVID-19) seven-day positivity rate in the Philippine capital region has increased slightly, according to a pandemic monitoring group.
Government to build mid and high-rise units for poor
PRESIDENT Ferdinand R. Marcos, Jr. on Monday bared his government’s plan to build more mid- and high-rise houses for poor Filipinos.
Gatchalian files bill restoring mandatory 2-year ROTC in tertiary schools
A SENATOR has filed a bill seeking to restore a compulsory two-year military training program in tertiary schools nationwide.
England surges past Senegal 3-0, will face France in quarterfinal
AL KHOR, Qatar — Clinical England overcame a pedestrian start to surge to a comfortable 3-0 victory over Senegal on Sunday as high-quality goals by Jordan Henderson, Harry Kane and Bukayo Saka swept them into a mouth-watering World Cup quarterfinal clash with France.
Petro Gazz Angels go for the jugular in Game Two showdown with Cignal
BY tonight, Lindsey Vander Weide and the Petro Gazz Angels could end up hoisting the Premier Volleyball League Reinforced Conference trophy at the PhilSports Arena.
Anthony Davis notches 55 points as Lakers beat Wizards
ANTHONY Davis erupted for a season-high 55 points, four shy of his career high, and recorded his 10th consecutive double-double with 17 rebounds as the Los Angeles Lakers raced to a big lead then held off the host Washington Wizards, 130-119, on Sunday.
Foreign retailers and investors in Philippine retail trade
By Cesar L. Villanueva
The legal topography in the country’s retail trade sector has become obscure with the promulgation of the Twelfth (12th) Regular Foreign Investment Negative List (RFINL) in the last month of President Rodrigo R. Duterte’s term of office, since it includes in its “No Foreign Equity” listing “Retail trade enterprises with paid-up capital of less than P25,000,000.00 (Section 2 of Republic Act (RA) No. 11595, amending RA 8762).”