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Diokno: Policy rate could be cut to 5.5% | The Manila Times

KEY interest rates could be lowered by as much as 100 basis points (bps) this year, Finance Secretary Benjamin Diokno said on Monday, with monetary authorities matching or even exceeding expected US Federal Reserve rate cuts. ....

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Fears depositor compensation scheme could give big banks more market power

Small banks, credit unions, building societies and finance companies fear a new depositor compensation scheme risks making it harder for them to compete with. ....

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Paedophile ring 'witches and wizards' could endanger children's lives if released

Warning: Article contains discussion of child abuse and sexual assault with children. A “witches and wizards” paedophile ring could “seriously endanger”. ....

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