Banks expect national ID to enable faster loan processing
THE Philippine Identification System Act (PhilSys) is expected to lead to the expansion of bank lending by enabling faster processing of loan applications, a bank official said.
DoF: Tax reforms face political resistance
THE DEPARTMENT of Finance (DoF) expects rough sailing in Congress for remaining tax reforms as lawmakers increasingly focus on preparations for the May 2019 mid-term elections.
Xi begins visit as PHL, China ink 29 agreements
THE PHILIPPINES and China on Tuesday signed 29 bilateral agreements, covering a wide range of development initiatives such as infrastructure, agriculture, trade, monetary. and humanitarian assistance, on the occasion of Chinese President Xi Jinping’s state visit to the Philippines on Monday.
Carina intensifies into typhoon
TROPICAL Storm Carina (international name: Gaemi) intensified into a typhoon while meandering over the Philippine Sea, prompting the state weather bureau to raise tropical...
Marcos defends PHL flood infra after twin storms inundate major cities
PHILIPPINE President Ferdinand R. Marcos, Jr. on Monday defended his government’s flood infrastructure after the country was battered by two storms that hit almost...
DoE studying small nuclear plants for remote areas
THE Department of Energy (DoE) is studying the use of small nuclear generators to power off-grid areas, Energy Secretary Alfonso G. Cusi said in a statement.
Gaballo claims WBC interim bantamweight title
FILIPINO boxer Reymart Gaballo claimed the World Boxing Council (WBC) interim bantamweight title belt after edging Emmanuel Rodriguez of Puerto Rico in their clash on Sunday (Manila time) at the Mohegan Sun in Connecticut.
Energy dep’t not expecting Luzon power interruptions during 2022 election season
THE DEPARTMENT of Energy (DoE) said it does not expect power outages to disrupt the Luzon power grid during election season, citing projections that yellow alerts are unlikely during the period.
Surveys: Believe them or not?
By Maria Catalina M. Tolentino
SENATORIAL preference surveys are proliferating these days as May 12 draws near and impeachment issues hover in the minds of politicians. Some survey reports...
Trade tussle highlights Asia’s vulnerabilities
KUALA LUMPUR -- The current-account deficit is making a comeback as a reason to sell some Asian currencies, according to Credit Suisse Group AG...
Japan issues fresh warnings amid the yen’s sharp decline
TOKYO — Japanese authorities will take necessary actions on currencies, Finance Minister Shunichi Suzuki said on Thursday, signaling readiness to intervene in the exchange-rate...
Marcial and Paalam shoot for spots in gold medal matches
FILIPINO boxers Eumir Felix D. Marcial and Carlo Paalam shoot for spots in Tokyo Games gold medal matches in their respective divisions at the Kokugikan Arena on Thursday.