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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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Ethiopian Airlines chief questions Max training requirements

Ethiopian Airlines CEO Tewolde Gebremariam holds a press briefing at the headquarters of Ethiopian Airlines in Addis Ababa, Ethiopia, Sunday, March 10, 2019. (AP Photo/Mulugeta Ayene) Elias Meseret, The Associated Press Published Saturday, March 23, 2019 10:30AM EDT Last Updated Saturday, March 23, 2019 6:54PM EDT ADDIS ABABA, Ethiopia — …

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