Higher prices of electricity and key food commodities are expected to push domestic inflation rate in September 2022 to between 6.6 to 7.4 percent, higher than the previous month’s level. In a statement on Friday, the Bangko Sentral ng Pilipinas (BSP) said depreciation of the Philippine peso against the US dollar is also projected to be among the factors for …
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Finance Secretary Benjamin E. Diokno and South Korea Deputy Prime Minister Kyungho Choo formally exchanged the final draft of the Framework Arrangement that will enable the Philippines to access South Korea’s Economic Development Cooperation Fund (EDCF) for the Marcos administration’s infrastructure development program. “We express our deep gratitude to South Korea — one of our largest [Official Development Assistance (ODA)] …
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With the easing of global pandemic restrictions, it is high time for the Philippine travel and tourism industry to get a jumpstart. That is why on Thursday, September 29, President Ferdinand “Bongbong” Marcos Jr. (PBBM) met with the Private Sector Advisory Council (PSAC) Tourism Sector to shore up plans to develop a globally competitive Philippine tourism industry and support the …
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The Securities and Exchange Commission (SEC) has advised the public against investing in Lodi Coins, a supposed virtual currency offered on social media without the necessary licenses from regulators. In an advisory dated September 29, the Commission flagged the public offering of Lodi Coins by Lodi Technologies Incorporated without securing from the SEC the required order of registration of securities …
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Most people think that when one reaches the senior age of 60 and above – he or she would just slow it down, take it easy and just enjoy retirement but for these three indefatigable personalities, life simply doesn’t stop with ageing as they continue to do charity works and volunteerism to help the less fortunate people. As part of …
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As in many stories that we’ve witnessed or heard – Senior citizen Pascasio Carcedo’s near-impossible feat of scaling the country’s highest mountain at age 83, started with a childhood dream. Measured to its peak at 10,311 feet above sea level, Mt. Apo has always been the target of many local and foreign mountain climbers to conquer as a prelude to …
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AMIDST reports of increasing number of kidnapping incidents related to illegal offshore gaming operations in the country, the Philippine Amusement and Gaming Corporation (PAGCOR) has intensified the collaboration with its partner government and law enforcement agencies. In an inter-agency meeting among PAGCOR, Department of Interior and Local Government (DILG), Department of Justice (DOJ), Philippine National Police (PNP), and the National …
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Every year from October 1-7, the entire nation honors its senior citizens with a country-wide celebration of Elderly Filipino Week and this year’s festivity is no different. In fact, it even promises to be a better and bigger one. The Elderly Filipino Week celebration is anchored on Proclamation No. 470, s. 1994, issued by former President Fidel V. Ramos. It …
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All is set for this year’s Sampung Ulirang Nakatatanda or SUN Awards as part of the National Commission of Senior Citizens (NCSC)-led country-wide celebration of Elderly Filipino Week slated October 1-7. The conferring of Ten Outstanding Older Persons is spearheaded by the Coalition of Services of the Elderly, Inc. (COSE) in recognition of our senior citizens’ important and valuable contributions …
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The Department of Migrant Workers (DMW) is accepting applications for 600 Filipino registered nurses for partner hospitals and elderly care centers in Germany under the Triple Win Project (TWP). The TWP, which started in 2013, has been commissioned by the German Federal Employment Agency (ZAV/BA). The Deutsche Gesellschafts fur Internationale Zusammenarbeit (GIZ) GmbH is supporting its implementation in partnership with …
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The Market Monitor Minding the Nation's Business