Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno cited the need for the central bank to lead the way in investing in sustainable finance to encourage more institutions to follow this path. During the virtual event of the International Monetary Fund (IMF) titled “Embedding Climate Change into Asia’s Recovery Strategy” on Thursday night, Diokno said the BSP adopted the sustainable central banking program as among its corporate strategies vis-à-vis the sustainability agenda. Under this bid, he said, monetary authorities have established a sustainable central banking roadmap that would provide the framework and milestone in the adoption of sustainability principles in

The Bureau of Customs (BOC) on Friday reported the seizure of an estimated PHP4.75 million worth of various agricultural products illegally smuggled into the country and sold at least two warehouses in Manila. BOC Deputy Commissioner for Intelligence Raniel Ramiro said the seizure of the goods stemmed from an operation that originally targeted illegally imported agricultural products in Tondo, Manila. “When there are operations like these, we inspect further until we find the root cause. These operations have a domino effect on other similar operations. This is still in line with our mandate to protect the country’s borders against the

Police and anti-narcotics agents arrested three suspects and seized PHP1.21 billion worth of shabu in a buy-bust in Bacoor City, Cavite early Friday. In an initial report, the Philippine Drug Enforcement Agency (PDEA) said suspects Jorlan San Jose, 26; Joseph Maurin, 38; and Joan Lumanog, 27, all of Dominorig, Talatag Bukidnon, yielded 149 kilograms of shabu in an operation inside a subdivision in Barangay Molino 3 at around 6:40 a.m. Also confiscated from the operation were one piece PHP1,000 genuine buy-bust money, boodle money and a mobile phone. The confiscated pieces of drug evidence will be brought to the PDEA

The humanitarian sector has been discussing localisation for over 25 years. The World Humanitarian Summit, the Agenda for Humanity, and the launch of the Grand Bargain in 2016 were major initiatives to reform the humanitarian system to make it fit for …