Day: April 16, 2025

Manila: The Civil Aviation Authority of the Philippines (CAAP) announced a new agreement with the Bases Conversion and Development Authority (BCDA) focused on improving the operation and maintenance of Clark International Airport’s (CRK) Communications, Navigation, and Surveillance/Air Traffic Management (CNS/ATM) facilities. According to Philippines News Agency, the memorandum of agreement was signed on Tuesday, marking a significant step in enhancing air traffic management at the airport. Under this agreement, CAAP will oversee the operation and maintenance of the CNS/ATM facilities to ensure the safe and efficient management of air traffic at CRK. The CNS/ATM system allows aircraft to relay precise

Manila: Credit access for micro, small, and medium enterprises (MSMEs) has received a significant boost through a partnership between the Bangko Sentral ng Pilipinas (BSP) and the International Finance Corporation (IFC). This collaboration aims to develop movable asset finance (MAF), which allows borrowers to secure loans using movable assets such as inventories, receivables, and equipment as collateral. According to Philippines News Agency, BSP highlighted that MAF in the Philippines remains under 5 percent, referencing a 2002 IFC study. This figure is low compared to the potential opportunities available for MSMEs to enhance their business operations, despite the presence of the

Zamboanga: The Police Regional Office (PRO) 9 has deployed 1,420 personnel across the region to ensure a peaceful and secure observance of Holy Week, a top police official stated. Brig. Gen. Roel Rodolfo, PRO-9 director, emphasized that the intensified security operation aims to safeguard devotees, tourists, and the general public participating in the religious and cultural activities scheduled throughout the Lenten season. According to Philippines News Agency, Brig. Gen. Rodolfo mentioned that police officers are strategically stationed in key areas, including churches, major thoroughfares, transport terminals, commercial centers, and other gathering places. The PRO-9 personnel are reinforced by 129 members

Manila: The Department of Foreign Affairs (DFA) on Wednesday cautioned Filipinos anew against dubious overseas jobs after it repatriated 26 Filipinos from Cambodia. According to Philippines News Agency, the DFA highlighted an advisory by the Philippine Embassy in Cambodia, urging Filipinos to remain vigilant and verify job opportunities abroad, particularly those advertised as ‘customer service representatives (CSR)’ or chat support positions. The advisory warned that these jobs often involve victimizing individuals through love scams or fake investment schemes. The advisory noted that many Filipinos have either knowingly pursued or been misled by employment offers promising salaries ranging from USD800 to

Manila: The Philippine Deposit Insurance Corporation (PDIC) and the Korea Deposit Insurance Corporation (KDIC) have strengthened their cross-border relations by signing a memorandum of understanding (MOU) aimed at sustaining their insurance systems. This partnership, which originated in 2014 and was renewed in 2019 and again on March 25 this year, focuses on institutionalizing cooperation and information-sharing in areas such as deposit insurance, receivership and liquidation, bank resolution, risk management, premium assessment for banks, sources and methods of funds, information technology for database administration, legal and administrative procedures, and public awareness issues. According to Philippines News Agency, the MOU was signed