DSWD sends timely aid to families affected by Aghon
May 26, 2024
The Bangko Sentral ng Pilipinas’ (BSP) 28-day bill rate declined to 1.6699 percent on Friday. Central bank data showed that the average rate of the debt paper stood at 1.6723 percent during the auction on February 4. The BSP again offered the paper for PHP120 billion, and tenders reached PHP158.1 billion, bringing the bid coverage ratio to 1.3175. The auction committee made a full award. The accepted yield in this week’s auction was between 1.6270 percent and 1.6850 percent, narrower than the previous week’s 1.6300 percent to 1.6945 percent. BSP Deputy Governor Francisco Dakila Jr. repeatedly traced the large bids
An alert utility worker of the Maguindanao Electric Cooperative (Magelco) here prevented what could have been a bloody Thursday afternoon at work after he found a bomb and alerted authorities about it, police said. In an interview Friday, Capt. Fahyed Cana, the spokesperson of the Maguindanao provincial police, said the improvised explosive device (IED) bomb was found by a janitor near the Magelco’s main office at past 2 p.m. “He noticed electrical wiring and a mobile phone attached to a box and suspected it was a bomb,” Cana said. Members of the Army’s bomb disposal unit safely defused the IED
European businesses are optimistic that the Philippines’ foreign direct investments (FDIs) will rise with the passage of key economic legislations such as the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law and the amendments to Retail Trade Liberalization Act, Foreign Investments Act, and the Public Service Act. “With this, we are expecting double-digit (growth), billions worth of foreign direct investments to come our way,” European Chamber of Commerce of the Philippines (ECCP) president Lars Wittig said during the launch of ECCP’s Doing Business in the Philippines (DBIP) 2022 Publication on Friday. Wittig added that the government should further ease
The Department of Education (DepEd) said schools in Leyte are ready for the start of expanded face-to-face learning once the alert level for Covid-19 is downgraded. DepEd Leyte schools division superintendent Manuel Albaño said 18 public and private schools out of the 1,342 campuses in the province are given the go-signal to hold face-to-face classes. “With the declaration of the inter-agency task force placing the entire province under alert level 3 until February 14, this (face-to-face classes) is temporarily suspended and we have to wait until it is lifted,” Albaño said in an interview Thursday. Among the 18 schools that
The New People’s Army’s (NPA) blocking off a section of the highway in Cortes, Surigao del Sur was an extortion ploy to remind candidates running in the upcoming polls of their presence in the area, an indigenous community leader said Friday. Datu Rico Maca, the Indigenous People Mandatory Representative of San Miguel, Surigao del Sur, said Thursday’s “show of force” staged by the NPA in Cortes town was aimed to prompt local politicians to pay the “permit to campaign and permit to win.” “Extortion is the primary reason for that show staged by the NPA rebels. They are reminding the
The provincial government of Cebu failed to consult the Department of Health (DOH) regarding its latest measure to accept unvaccinated foreign tourists, which is opposed to the national policy that limits entry to fully jabbed leisure travelers. Health Undersecretary Maria Rosario Vergeire said Friday the Department of the Interior and Local Government would coordinate with the province to discuss the issue. “Hindi po na-konsulta ang DOH hinggil dito sa panukala or protocol ng Cebu province regarding incoming travelers like foreign nationals (The DOH was not consulted regarding this measure or protocol for incoming travelers like foreign nationals),” she said in
