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Monthly Archives: March 2019

Number of Pinoys in urban areas up

By ANNA LEAH E. GONZALES March 23, 2019 The number of Filipinos residing in urban areas increased in 2015, the Philippine Statistics Authority (PSA) said in a report. PSA said the level of urbanization or the percentage of population residing in urban areas was at 51.2 percent in 2015 from …

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PH renews pledge to help peers

By ANNA LEAH E. GONZALES March 23, 2019 The Philippine government has renewed its commitment to further collaborate with fellow developing countries for collective help and self-reliance. National Economic and Development Authority (Neda) chief Ernesto Pernia made the vow during his recent speech at the Second High-Level United Nations Conference …

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DTI, Tesda ink deal for capacity building

By TYRONE JASPER C. PIAD March 23, 2019 An agreement was sealed between the Department of Trade and Industry (DTI) and Technical Education and Skills Development Authority (Tesda) to promote the construction industry amid the government’s aggressive infrastructure drive. “The said agreement aims to develop and implement programs in a …

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BSP to trim TDF volume before holidays, tax season

By MAYVELIN U. CARABALLO, TMT March 23, 2019 The Bangko Sentral ng Pilipinas (BSP) said its weekly term deposit facility (TDF) would be cut to P30 billion from P50 billion on March 27 ahead of the holidays and the tax season in April. For the 14-day facility, the weekly offering …

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BSP: Virtual currency ATMs must be registered

By MAYVELIN U. CARABALLO, TMT March 23, 2019 Bangko Sentral ng Pilipinas (BSP)-supervised financial institutions need to register automated teller machines (ATMs) that offer virtual currencies, a senior central bank official said. BSP Deputy Governor Chuchi Fonacier. BSP FB Page In March 14 memorandum, BSP Deputy Governor Chuchi Fonacier said …

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China’s new Silk Road gets bumpy as Xi visits Italy

By AGENCE FRANCE-PRESSE March 23, 2019 ROME: Chinese President Xi Jinping kicked off a whistlestop European tour in Rome on Friday amid growing Western unease over Italy joining the ever-expanding Asian giant’s new Silk Road project. Chinese President Xi Jinping reviews a Honor Guard during a welcoming ceremony upon his …

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PSEi back at 8,000, hits one-month high

By ANGELICA BALLESTEROS, TMT March 23, 2019 THE stock market returned the 8,000 level on Friday — a one-month high — as investors cheered policy decisions by the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). The benchmark Philippine Stock Exchange index (PSEi) rose by 0.74 percent or …

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DA halts onion imports, probes price manipulation

By EIREENE JAIREE GOMEZ March 23, 2019 The Agriculture department on Friday announced a temporary halt to bulb onion imports pending a probe of alleged price manipulation. The Philippine Competition Commission (PCC) and the National Bureau of Investigation (NBI) have been asked to investigate the reported closure of cold storage …

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Pacquiao polls Twitter on who to fight next

By The Manila Times March 23, 2019 Manny Pacquiao jars Adrien Broner with a hard right during their fight for the WBA (regular) welterweight title on January 19, 2019, at the MGM Grand Garden Arena in Las Vegas, Nevada. PHOTO BY WENDELL ALINEA Philippine boxing legend Manny Pacquiao took to …

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