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BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno said monetary policy easing will not be as “aggressive” this year compared to 2019 and will be delivered at a slower pace as inflation is expected to stay within target, and with other data showing the economy remains strong.
ILOILO CITY -- The demand for accommodations during this year’s Dinagyang Festival highlighted the growing vacation home rental sector in Iloilo City, and the local government will now be looking into the regulation of these types of accommodations.
SM MALL of Asia’s (MOA) cinemas have been relaunched after months of renovations, increasing screens but keeping the same number of seats in a preview of what cinemas under the SM chain would turn into.
PROPERTYACCESS Philippines recently launched its own online platform that aims to make buying, selling, and leasing real estate properties easier for Filipinos.
LONDON — New York remains the world’s top financial center, pushing London further into second place as Brexit uncertainty undermines the UK capital and Asian centers catch up, a survey from consultants Duff & Phelps said on Monday.
THE Senate Committee on Agriculture and Food on Monday approved in principle a measure that will promote integrated urban agriculture and vertical farming in metropolitan areas.
TRADE OFFICIALS urged industries at risk from Taal Volcano to firm up their contingency planning, with provisions for relocating operations and evacuating staff if necessary.
The first month of 2020 has given us much to consider. The current climate of unrest in the Middle East, the sudden eruption of Taal Volcano, and the emergence of the coronavirus strain from Wuhan, China has no doubt given us more than a little cause for pause. It has also brought to the fore the different roles that the Philippine State plays in responding to the needs of Filipinos in times of crisis, whether natural or manmade.
The good news about the Philippines’ GDP growth of 5.9% in 2019 is that it is high by global and regional trends. The bad news is that growth is decelerating since 2016 and our GDP size remains small. With a low economic base, if we keep growing by just 5-6% yearly, it will take us many decades to be at par with the per capita incomes of our neighbors Malaysia, Singapore, Hong Kong, and Thailand even if they grow only 2-3% yearly. (See Table 1).
PRESIDENT RODRIGO R. Duterte has ordered government lawyers to expand their study of a plan to end an agreement with the US on the deployment of troops and equipment for war games, Justice Secretary Menardo I. Guevarra said on Monday.
CALABASAS, CALIFORNIA. -- Kobe Bryant, one of the NBA’s all-time greatest players whose international stardom transcended basketball, was killed at age 41 on Sunday in a helicopter crash near Los Angeles along with his 13-year-old daughter and seven others on board, officials said.
NATIONAL Basketball Association legend Kobe Bryant loved the Philippines and, in turn, the country loved him back. So when news of the untimely death of the many-time Manila visitor on Monday (Manila time) broke out, Filipinos mourned and expressed their love and respect for the “Black Mamba.”
THE European Union (EU) removed the Philippines from its “priority” counterfeit watchlist, even if it noted that intellectual property (IP) protection in the country has not improved.
ISUZU PHILIPPINES Corporation (IPC) early this week donated one unit of Isuzu D-MAX 4x4 LS MT to the Philippine Red Cross (PRC), Laguna Chapter, at the IPC Plant in Biñan Laguna, for the Taal Volcano eruption relief efforts mobilization. Additional supplies were also provided such as bottled water, toiletries, clothes and other essentials to alleviate the condition of evacuees and affected individual.
HYUNDAI Asia Resources, Inc. (HARI), the official distributor of the leading Korean automotive brand in the Philippines, ended the year strong with 2.9% growth in December 2019 or 3,163 units sold versus the same month last year.
NIKE’S thrust of providing consumers with quality products by tapping the latest in technology continues with the launch of its new running and basketball shoes -- the Nike React Infinity Run and Nike Adapt BB 2.0 shoes.
KUALA LUMPUR/NEW DELHI -- Indonesia has agreed to immediately increase imports of Indian buffalo meat, sugar and auto parts after India boosted purchases of Indonesian palm oil amid a spat with rival supplier Malaysia, two Indian government sources with direct knowledge of the matter told Reuters on Friday.
MAKURDI, NIGERIA -- Thomas Tyavwva Maji is planting rice on more of his land in Nigeria’s Benue State than ever to take advantage of a surge in prices since the country shut its land borders in August.
THE government’s tax take from Philippine offshore gaming operators (POGOs) and their service providers grew nearly 170% to P6.42 billion in 2019 amid a compliance crackdown, the Department of Finance (DoF) said Sunday.
THE Senate foreign relations committee will study a government plan to end an agreement with the US on the deployment of troops and equipment for war games, after the visa of an administration senator was canceled.
MELBOURNE -- Petra Kvitova came from a set down and took full advantage as her Greek opponent Maria Sakkari’s self-belief drained away to advance to the Australian Open quarterfinals with a 6-7(4) 6-3 6-2 victory on Rod Laver Arena on Sunday.
A THRILLING, real-time auto-chess strategy game, with a magical twist, Magic Chess: Bang Bang, has finally arrived in the Philippines.
About two weeks ago, President Rodrigo R. Duterte, in an interview with Ted Failon from ABS-CBN, said that he will sign an executive order imposing a limit on the prices of certain medicines. “That’s good for the Filipino, reduced prices or maintaining a price. I will even sign the document twice over,” the President said.
INFLATION is likely to settle within the midpoint of the central bank’s target range this year until 2021, with risks tilting slightly upward, according to officials from the Bangko Sentral ng Pilipinas (BSP).
THE year 2019 saw inflation as experienced by low-income families fall to its lowest level in two years despite picking up in December, the Philippine Statistics Authority (PSA) reported on Friday.
SOME local government units in areas affected by the Taal volcano eruption allowed their residents to go home on Friday to feed their livestock, amid the seeming decrease in Taal Volcano’s activity this week.
THE Bureau of Internal Revenue (BIR) has suspended the deadlines of filing and payment of tax returns in Batangas to provide relief to the residents affected by the eruption of Taal Volcano, until the situation returns to normal.
THE Civil Aeronautics Board (CAB) has ordered the suspension of all flights linking Wuhan, China and the Philippines to protect the country from the spread of the new flu-like virus.
THE Commission on Higher Education (CHED) welcomed the government’s review of Ayala Land, Inc.’s (ALI) contract to develop a property of the University of the Philippines (UP) in Diliman, Quezon City.