BSP cash advances to NG only temporary: Diokno

The Bangko Sentral ng Pilipinas’ (BSP) provisional advances to the national government (NG) are temporary and are extended to help the government finance pandemic-related expenses.

“The provisional advances of the BSP to the national government are a time-bound measure to complement the NG’s broad-based health …

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House sets Covid-19 vaccine probe next week

The House of Representatives is set to hold its public hearing on the government’s coronavirus disease (Covid-19) vaccination plan on January 18.

House Committee on Health chair Angelina Tan said the virtual hearing will be conducted to ensure that the multibillion-peso budget allocated for inoculation …

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2020 car sales down 39.5%

Sales of local vehicle assemblers declined by 39.5 percent for the full year of 2020, the joint report of Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) showed.

Vehicle sales of CAMPI and TMA last year dropped to 223,793 …

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Hotel in Dacera case suspended, fined

The Department of Tourism (DOT) on Thursday slapped the City Garden Grand Hotel (CGGH) in Makati City with suspension, fines, and revocation of its certificate to operate following a probe into the death of flight attendant Christine Dacera inside its premises.

In a statement, the …

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P1.8-M shabu seized in Zambo City

-Police and military operatives arrested a suspected big-time drug personality and seized some PHP1.8 million worth of illegal drugs in a buy-bust here, a police official said Thursday.

Maj. Chester Natividad, newly-installed Zamboanga City Police Office’s Station 11 chief, identified the suspect as Nurbaser Sakandal, …

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4 dead, 1 hurt in Lanao Norte ambush

Four were killed while another was wounded in an ambush on Thursday in Poona Piagapo, Lanao del Norte, police said.

Police identified the victims as Corporals Albert Saura and Bryan Binayog, Private First Class Albert Soriano– all members of the Army’s 4th Mechanized Infantry Battalion—and …

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