28 C
Manila
Tuesday, December 18, 2018
Home News Top News

Top News

Economists to government: Don’t blame us for inflation

Inflation
LOCAL economists have dismissed the results of the study released by the Department of Finance (DOF) that the “off-the-mark” forecasts of over a dozen...

BSP: Payments system law critical to economy

THE Bangko Sentral ng Pilipinas (BSP) on Monday lauded the signing into law of the National Payment Systems Act (NPSA), saying the development is...

Tugade to LTFRB: Apprehend Angkas bikers who defy Supreme Court order

CLARK, PAMPANGA - Transportation Secretary Arthur Tugade ordered the Land Transportation Franchising and Regulatory Board (LTFRB) to apprehend Angkas bikers who deliberately defy the...

Target of 900,000 new jobs for 2018 unmet amid construction boom

DESPITE the strong performance of the construction industry this year, the government still fell short of its target of generating over 900,000 jobs for...

JVA on smart water facilities seen to lure Clark investors

THE joint venture agreement (JVA) between the bases conversion agency and a multinational consortium for the next-generation smart water and wastewater facilities will make New...

AMLC, SEC told to crack down on criminals in business

SENATE Blue Ribbon Committee probers prodded the Anti-Money Laundering Council (AMLC) and the Securities and Exchange Commission (SEC) to investigate the rampant use of...

Malaysia files raps vs. Goldman Sachs for 1MDB bond sales

MALAYSIA has filed criminal charges against units of Goldman Sachs Group Inc. involving what it said were false statements made in relation to 1MDB...

Let Duterte decide Road Board abolition–Drilon

SENATE Minority Leader Franklin M. Drilon suggested on Monday that lawmakers let President Duterte decide when to enforce a  Congress-approved legislation mandating abolition of...

No government work on Jan. 2

GOVERNMENT work will be suspended on January 2, 2019, Malacañang announced on Monday. This is in addition to Proclamation 555 Series of 2018 issued by...

Catriona Gray of the Philippines is Miss Universe 2018

Catriona Gray of the Philippines was named winner of the Miss Universe 2018 competition in the Thai capital Bangkok, besting contestants from 93 other...

DOF: Analysts’ forecasts partly fueled ’18 inflation

DON’T just blame the higher taxes or global factors like oil prices. “Faulty” forecasting that morphed into a “self-fulfilling prophecy” was one of those...

Over 50% of flagship projects to be finished by 2022–NEDA update

THE National Economic and Development Authority (Neda) disclosed that more than half of the administration’s flagship projects are now in the implementation phase and...

Hot money posts November net inflow of $832M

SHORT-TERM investments made by foreign investors to the Philippines turned positive in November this year, indicating a resurgence of favorable global investor sentiment toward...

Fitch hails new BSP rules on capital buffers

INTERNATIONAL credit watcher Fitch Ratings lauded the Bangko Sentral ng Pilipinas (BSP) for the recently approved required capital buffers for local banks, but said...

House panel sets Jan. 3 probe of ‘parking’ modus on...

A LEADER of  the House of Representatives on Sunday disclosed that a former Cabinet official now seeking an elective seat was responsible for “parking”...

Sotto vows passage of ’19 budget in Jan; ‘worst’ still possible

SENATE President Vicente C. Sotto III gave assurances on Sunday that senators will complete their budget deliberations quickly when sessions resume on January 14,...

Senators shun railroading of Charter-change measure

SENATE leaders thumbed down renewed efforts to railroad proposed Charter changes, embodied in Resolution of Both Houses (RBH 15) approved by the House of Representatives...

Another oil price rollback this week

PHOENIX Petroleum Corp. initiated last Saturday another round of oil price rollback. It is now selling gasoline by P0.15 per liter lower and diesel by...

Boracay stakeholders fret over ‘breaching’ of daily arrivals cap

ARRIVALS in Boracay Island breached the 6,405 daily arrivals cap on November 30, as tourists settled in for the Bonifacio Day holiday weekend. Data from...

Palace probes claim priests told to leave Balangiga bells rites

The historic homecoming of the Balangiga bells in Samar on Saturday, which was supposed to be a day of peace and friendship between the...