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Day: December 23, 2022

Team Eagles, Owned by BLS International, Participates in the First World Tennis League

BLS International’s owned Team Eagles participates in The First World Tennis League DUBAI, Arab Emirates, Dec. 23, 2022 (GLOBE NEWSWIRE) — Team Eagles, owned by BLS International Services Ltd., is participating in this season of the World Tennis League taking place from the 19th to the 24th of December 2022 in the Coca-Cola Arena, Dubai. […]

Brawner commits more support to PH Army athletes

MANILA: Philippine Army (PA) commander Lt. Gen. Romeo Brawner Jr. has assured all athletes enlisted in the service that they would be provided with the necessary support to ensure their professional growth so they could continue to bring honor to the country.   Brawner made this commitment after champion boxer, Pvt. Charly Suarez, visited him at the Army headquarters in Fort Bonifacio, Taguig City on Thursday to thank the PA leadership for their untiring support for his recent boxing matches.   “Lt. Gen. Brawner discussed that the Army constantly recognizes individual skills and capabilities to empower them to do the

New PH dev’t plan to address economic scarring, inflation: NEDA

MANILA: Measures to address the impact of the pandemic and the elevated inflation rate have been outlined in the recently-approved Philippine Development Plan (PDP) 2023-28, a ranking National Economic and Development Authority (NEDA) executive said.   In a Laging Handa briefing Thursday, NEDA Undersecretary Rosemarie Edillon said pending the implementation of the PDP, the government has implemented several programs to alleviate the impact of the pandemic and the higher inflation rate on Filipinos’ lives.   She said these programs include the extension of the validity of Executive Order (EO) 171, which temporarily modified tariff rates for several items such as

BSP cites framework reforms vis-a-vis climate change

MANILA: Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla cited the importance of reassessing the regulatory framework to encourage additional lending towards climate change mitigation, as he stressed the impact of climate change on the economy.   In his speech during the launch of the BSP Sustainable Central Banking (SCB) Strategy at the central bank main office in Manila on Thursday, Medalla said climate change could affect the supply of food, among others, and this, in turn, impacts on inflation.   He said the central bank needs to help prevent the occurrence of second-round effects or the resulting impact of

PNP logs 14% dip in year-on-year total crime volume

MANILA: The country’s total crime volume saw a 14.42 percent decrease from December 1 to 20 this year, compared to the same period last year, the Philippine National Police (PNP) reported on Friday.   Citing data from the Directorate for Investigation and Detective Management (DIDM), PNP chief Gen. Rodolfo Azurin Jr. said 9,108 crime incidents were reported during this period, lower than 10,643 cases in the same period in 2021.   The eight focus crimes – murder, homicide, physical injury, robbery, theft, vehicle theft, motorcycle theft, and rape – have decreased by nearly 30 percent from 2,330 in 2021 to

Ex-SC justice Dante Tiñga named acting DBP chair

MANILA: President Ferdinand R. Marcos Jr. has appointed retired Supreme Court (SC) associate justice Dante Osorio Tiñga as acting chairperson of the Development Bank of the Philippines (DBP).   Tiñga replaces Alberto Romulo who took the helm of the DBP in 2017.   He took his oath before Executive Secretary Lucas Bersamin on Thursday, Undersecretary Cheloy Garafil, officer in charge of the Office of the Press Secretary (OPS) confirmed.   Marcos signed Tiñga’s appointment paper on December 9.   Tiñga will also serve as a member of the DBP Board of Directors, based on his appointment paper.   He served

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