news

Bangko Sentral ng Pilipinas

The country’s central bank stated on Thursday they have moved to issue further liquidity into the Philippine financial system amid an environment of declining inflation and lower economic growth in the first quarter of 2019. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno stated to the press that the amount of cash banks is required to immobilize in their vaults will be reduced by 200 basis points in three stages

philippines flag

Under President Rodrigo Duterte, via an independent Philippine foreign policy led, “to a new height of diplomatic relations”. As Malacañang stated on Sunday as the Chief Executive returned from a three-day trip to China. Palace spokesman Salvador Panelo stated Duterte’s presence at the 2nd Belt and Road Forum provided the country an opportunity to work towards a shared goal of inclusive, equitable and sustainable growth and prosperity. “Our countrymen are

workers

The Department of Foreign Affairs (DFA) revealed on Wednesday that the Philippine Embassy in Kuwait has repatriated 68 undocumented Filipino workers this month. DFA noted in a statement, the Filipino workers, who returned to the Philippines on April 11, were aided under the Embassy Assisted Repatriation Program (EARP) for distressed Filipinos abroad. EARP is a joint program of the Philippine Embassy in Kuwait, and the Illegal Residency Monitoring and Immigration

university

Ateneo de Manila University’s (ADMU) executive director of the creative hub has resigned after prevalent criticism when Irene Marcos, the daughter of the later former president Ferdinand Marcos, was asked to grace a campus event. A statement on Friday cited ADMU President Fr. Jose Ramon Villarin held he had accepted the voluntary resignation of Arete Executive Director Yael Buencamino. “In the spirit of transparency, Ms. Yael Buencamino has voluntarily offered

PNP

Malacañang assured Thursday that the police and military are always on alert. In light of the United States Department of States labeled the Philippines as one of 35 countries with “high risk” for kidnapping. Presidential Spokesperson Salvador Panelo stated in a Palace briefing, “Well the PNP (Philippine National Police) and the military are always on alert. They have intelligence surveillance.” Panelo modulated the report, saying kidnapping “happens to every country.”

army

President Duterte is uncertain of the timely assistance from the United States if the Philippines ever comes under attack. Duterte made the remark within the fresh reports of China’s aggression around Philippine-occupied territories in the West Philippine Sea. Given a speaking engagement during PDP-Laban’s campaign rally in Puerto Princesa City, Palawan on Thursday night, the President stressed that the US Congress would have to give its concurrence first before it

national id

Estonian firms are attentive to participate in the government’s implementation of the national ID system, the Department of Finance (DOF) stated Thursday. “We are aware that the Philippines is about to implement the digital ID and provide their citizens with this. It is indeed a good time to come here and demonstrate what you could possibly be able to implement provided the digital ID is properly secured in place,” Estonia’s

LTFRB

An official of higher rank of the Land Transportation Franchising and Regulatory Board (LTFRB) was deferred for 90 days effective on Thursday after he allegedly demanded and received P4.6 million from an applicant for a public utility vehicle franchise. LTFRB executive director Samuel Jardin and head of the pre-accreditation committee, was ordered suspended in a letter signed by Transport Undersecretary for Administration Artemio Tuazon Jr.  Jardin was also asked to

Drug suspect killed, P3.4M shabu seized in Alabang buy-bust — PDEA

Philippine Drug Enforcement Agency (PDEA) cited a drug suspect was slain and approximately P3.4 million worth of suspected crystal meth or “shabu” was seized by authorities during a buy-bust operation in Alabang, Muntinlupa City on Sunday night. PDEA identified the slain suspect as Edwin Cabezudo, also known as, “Pacao.” Based on PDEA’s report, operatives held a buy-bust at an apartel in Alabang at 8:30 p.m., which resulted to the capture

NPA ‘terrorist’ killed in firefight with police, soldiers in Masbate

A supposed communist rebel killed and a soldier wounded in an armed conflict between “CPP-NPA Terrorists” (CNTs) and military forces within the province of Masbate. The Police Regional Office 5 stated uniformed personnel of the 1st Police Mobile Force Company, the Regional Intelligence Division 5 and the 96th Military Intelligence Company during a combat operation Saturday morning in Barangay Gangao, Baleno town came across an estimated 30 CNTs. The group