Interaksyon
WEB1 day ago · Poster-making contest draws flak for recognizing ‘AI-generated’ work. Cali Asajar -September 13, 2024. Several online users have criticized an electric cooperative’s recognition of a supposed AI-generated artwork in a nationwide digital poster-making competition titled "Disenyo Ng Liwanag At...
BSP eyes substantial cut in banks' reserve requirement ratio this year
WEB2 days ago · MANILA — The Philippine central bank is planning a substantial cut in the reserve requirement ratio (RRR) for banks this year, its governor said on Wednesday. The RRR could be reduced substantially in 2024 with a further reduction in 2025, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona told a …
News - Interaksyon
WEBSep 13, 2024 · Pope to Indonesian authorities: ‘Interreligious dialogue fosters mutual respect’. Devin Watkins, Vatican News via CBCP News - September 5, 2024. JAKARTA, Indonesia— Pope Francis delivered his first speech on Indonesian soil on Wednesday as he met with the country’s authorities, civil society, and diplomatic...
BSP has no plans for longer-tenor securities, governor says
WEB1 day ago · MANILA — The Philippine central bank has no plans to issue longer-term securities beyond the existing 28- and 56-day tenors, Bangko Sentral ng Pilipinas Governor Eli Remolona said on Wednesday. READ: BSP eyes substantial cut in banks’ reserve requirement ratio this year. —Reporting by Mikhail Flores; Editing by John Mair.
Macquarie Capital unit, Miescor to create Philippine independent ...
WEB4 days ago · SYDNEY/SINGAPORE — Macquarie Capital said on Monday its unit PhilTower Consortium Inc and Miescor Infrastructure Development Corp have completed a transaction that would create one of the largest independent telecommunications towers companies in the Philippines. Macquarie Capital, part of top Australian investment bank Macquarie Group MQG.AX, did not provide financial details in the statement.
BSP cuts rates, sees inflation easing - Interaksyon
WEBAug 15, 2024 · The BSP had raised rates by a total of 450 basis points between May 2022 and Oct 2023 to restrain inflation. Economists polled by Reuters were divided on what the BSP would decide, with 13 of 24 forecasting the key interest rate would be held steady at 6.50% and the other 11 expecting a 25 basis point …
That high: What you need to know about inflation in the Philippines
WEBJul 6, 2022 · According to the Philippine Statistics Authority (PSA), this is the country’s highest recorded inflation since October 2018 when inflation was at 6.9%. President Ferdinand Marcos Jr. at a July 5 press conference, however claimed that the 6.1% inflation rate was “not that high.”. “I think I will have to disagree with that number ...
Caritas Philippines backs petition against PhilHealth funds transfer
WEBAug 20, 2024 · The Catholic Church’s development and advocacy arm has welcomed moves to block the transfer of “unused” funds from the Philippine Health Insurance Corp. (PhilHealth) to the national treasury. Caritas Philippines said the funds should be “solely used” for their intended purpose — providing healthcare to PhilHealth members.
China ready to work with Philippines through dialogue - Interaksyon
WEBDec 19, 2023 · BEIJING — China is ready to work with the Philippines through dialogue, China’s foreign ministry said on Tuesday. The recent development in the South China Sea is the fault of the Philippines but relations between the two countries are not all about disputes, the ministry said in response to the Philippine President’s comment on …
ACT Teachers party-list bats for salary upgrade, other educational ...
WEBOct 5, 2021 · The Alliance of Concerned Teachers-Philippines raised calls for salary upgrade, financial aid and other demands as it seeks reelection to Congress.. Representatives France Castro and Antonio Tinio filed their certificate of nomination and acceptance for a third term on October 5, which is also World Teacher’s Day.. The party-list’s Facebook page also posted photos of Tinio, Castro and ...