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Duterte not inclined to suspend POGO operations

President Rodrigo Duterte has yet to find solid basis to suspend operations of Philippine offshore gaming operators (POGOs), according to Malacañang. 

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Reform or revolution: More Alchie Parays to follow without pro-labor laws and policies, BMP warns

By Jinky Jorgio A labor group warned that there will be much more similar cases of Alchie Paray if reforms are not legislated and implemented regarding employer-employee relations. Paray, a former security guard, took several Virra Mall employees as hostage after he was allegedly dismissed from his job without due process. He denied the offered money to him by his …

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Return of GMRC in schools approved by House

The House of Representatives ratified a bicameral conference committee report returning the subject good manners and right conduct (GMRC) and values education in schools. 

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Workers of other companies to extend support to embattled ABS-CBN employees

By Jinky Jorgio Labor group Bukluran ng Manggagawang Pilipino (BMP) and its affiliate unions and allied progressive groups will physically express their solidarity with the employees and talents of the entertainment and media conglomerate as its franchise is set to expire on May this year.

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Philippine domestic economy remains firm in the medium term – BSP

By Riza Lozada  The Bangko Sentral Ng Pilipinas (BSP) has expressed optimism that the domestic economy will remain firm in the medium term, this despite the spread of the COVID 19 across the region, with the resilient domestic demand and public construction spending fuelling growth. 

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DOF, Congress to revise AMLA

The Department of Finance (DOF) is ready to work with the Congress to speed up the approval of measures amending the Anti-Money Laundering Act (AMLA) and the Bank Secrecy Law, in line with the Duterte administration’s goal to arm the government with “formidable tools” to effectively fight tax evasion and other financial crimes. 

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‘Hot money’ reaches P32-B

Foreign currencies entering the country for the last seven months have reached $633 million or P32 billion as of 5 March this year. 

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World Bank readies $12-B COVID-19 fund

The World Bank is making available $12 billion worth of immediate support for countries in combating COVID-19. 

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Pinoy tourists banned from Saudi Arabia

Saudi Arabia has temporarily banned the entry of Filipino to prevent the spread of the coronavirus disease 2019 (Covid-19) in the kingdom, according to the Department of Foreign Affairs (DFA). 

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9 Korean fugitives fall in QC – BI

Agents of the Bureau of Immigration (BI) announced the arrest of nine Korean fugitives who are wanted by authorities for telecommunication fraud.

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