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May 22, 2024
The Bangko Sentral ng Pilipinas has yet to finalize its decision on whether to keep, raise or lower the current three percent interest rate cap on credit card transactions, a top BSP official said.
May 22, 2024
President Marcos met with newly elected Senate President Francis Escudero and other senators over dinner on Tuesday, a day after a shakeup in the Senate leadership.
May 22, 2024
The Department of Environment and Natural Resources-Environmental Management Bureau (DENR-EMB) Caraga Region has issued a notice of violation (NOV) to Greenstone Resources Corp. (GRC). The agency issued the NOV to the mining firm for water pollution and violation of the terms of its environmental compliance certificate (ECC) because of the…
May 22, 2024
THE government should have explored other options for importation to obtain buffer stock, according to an economist. Roehlano Briones, a senior research fellow at the Philippine Institute for Development Studies (PIDS), issued the statement after the House of Representatives approved Tuesday the bill that seeks to amend the Rice Tariffication…
May 22, 2024
OVER 3,000 babies were born every day in 2023, according the latest data from Philippine Statistics Authority (PSA). There were a total of 1.21 million births in the January to December period in 2023. Divided by 365 days in a year, this means there were 3,324 babies born every day…
May 22, 2024
IN their collective fight against the growing adolescent pregnancy problem nationwide, Save the Children Philippines, together with government agencies, civil society organizations (CSOs), and adolescent advocates, called for the immediate enactment of the Adolescent Pregnancy Prevention Bill, which aims to empower adolescents to prioritize education and health over parenthood. During…
May 22, 2024
Investment firm KKR Singapore Pvt Ltd. will acquire a significant stake in Phinma Education Holdings Inc., which operates schools in the Philippines and Indonesia. The transaction involves separate deals that include the existing shareholders of the company, which will exit Phinma Education. Phinma Education has signed an investment agreement with…
May 22, 2024
Majority of job vacancies in the agriculture, forestry, and fishery sector are considered hard-to-fill jobs, according to the latest Integrated Survey on Labor and Employment (ISLE) conducted by the Philippine Statistics Authority (PSA). The survey covers formal establishments employing at least 20 workers. The data showed 78.4 percent of job…
May 22, 2024
THE Tourism Infrastructure and Enterprise Zone Authority (Tieza) is alloting P350 million for hyperbaric chambers to be distributed in five destinations starting next year. In an interview, Tieza Assistant Chief Operating Officer Jetro Nicolas F. Lozada told the BusinessMirror that the destinations which will receive one hyperbaric chamber each were…
May 22, 2024
LIFESTYLE diseases such as heart disease and cancer remained the top killers of Filipinos in 2023, according to the Philippine Statistics Authority (PSA). However, total deaths declined 12.6 percent to 593,827 Filipinos who passed away in 2023 from the 679,766 Filipinos who died in 2022. The data showed the top…