To impeach or remove: How to get rid of a public official
By Jemy Gatdula
Impeachment and removal are the words of the day. Blame it on the Democrat’s insane inability to accept Donald Trump’s win in the 2016 elections. Yet despite being a popular social media topic, impeachment is a concept least understood by many.
Analysts: another RRR cut still possible
MANAGEABLE inflation paired with the still unremarkable loan growth could allow room for another slash in banks’ reserve requirement ratio (RRR) towards yearend, economists said in interviews since last weekend.
IMF sees PHL growth picking up this semester
THE INTERNATIONAL MONETARY FUND (IMF), which on Tuesday slashed its Philippine economic growth projections further to 5.7% for this year and to 6.2% for 2020, nevertheless sees gross domestic product (GDP) expansion picking up this semester on the back of improved government spending, Yongzheng Yang, IMF resident representative to the Philippines, said in an e-mail on Wednesday.
Gov’t tempers Q3 palay, corn output projections
THE PHILIPPINE Statistics Authority (PSA) has slashed its projections for third-quarter palay and corn production, citing a decline in harvest area particularly for unmilled rice.
MGen eyes floating solar installation in Laguna Lake
MERALCO POWERGEN Corp. (MGen) is venturing into a floating solar energy installation in Laguna Lake, which its president said is a cheaper option for its renewables subsidiary than land-based solar farms.
TDF yields decline on inflation outlook
YIELDS on term deposits continued to decrease on Wednesday on expectations of slower October inflation and following the International Monetary Fund’s (IMF) downgraded economic growth outlook for the country.
GenCell offers zero-emission cells to replace diesel generation sets
ISRAELI COMPANY GenCell Energy is offering to replace diesel-fired power generation sets with zero-emission technology fuel cells that run on hydrogen and guarantee reliable and long-duration power to offices such as banks, hospitals, and utility substations.
Economists see BoJ easing this month, deeper negative rates
TOKYO — The Bank of Japan (BoJ) is laying the groundwork for deepening negative interest rates, analysts polled by Reuters said, with two-thirds of respondents expecting the central bank to loosen monetary policy this month.
SEC issues warning vs investment firms selling piglets
THE COUNTRY’S corporate regulator has traced two illegal investment operators that involve selling piglets for easy-earning schemes.
BPI net income climbs 38.6% in Q3
BANK of the Philippine Islands (BPI) reported higher net earnings in the third quarter supported by growth in its core businesses.
Last tour with Carlos Celdran
WE HAD AGREED to meet for a drink at 4 p.m. at the café at Reina Sofia Museum. It turns out there are two cafés at the modern art museum, and of course I picked the wrong one. Carlos Celdran was waiting at Nu-Bel, the one inside the museum. When we located each other there was just enough time for a coffee before crossing the street to Atocha Station. In Madrid the streets are wide and the sidewalks spacious, so “It’s across the street” entails a 10-minute walk.