Secretary Benjamin Diokno attends the Finance Subcommittee A's deliberation on the Department of Finance and its attached agencies' P30.6-billion proposed budget for 2023. JOSEPH VIDAL/SENATE PRIB/FILE PHOTO

BSP likely to hike rates 25 bps or keep steady – Diokno

FINANCE secretary Benjamin Diokno yesterday said the Bangko Sentral ng Pilipinas (BSP) could raise the benchmark interest rate by 25 basis points (bps) or...
The technical crew of the Central Negros Electric Cooperative (Ceneco) conducts maintenance work on Sunday, March 19. This March, the average residential power rate of Ceneco decreased for the fourth consecutive month. CENECO FACEBOOK PAGE PHOTO

Bacolod power rate drops for 4th straight month

BACOLOD City – Average residential power cost in this city and its five neighboring localities has decreased for the fourth consecutive month since December,...
Wearing facemask, a gasoline boy refills the fuel tank of a vehicle in a gasoline station in Pavia, Iloilo. PANAY NEWS PHOTO

Big-time oil price rollback takes effect today

OIL companies announced another price rollback effective today. In separate advisories, Caltex, Cleanfuel, Petro Gazz, Petron, PTT Philippines, Seaoil, and Shell said they will slash...
(From left) Department of Information and Communication Technology (DICT) undersecretary David L. Almirol Jr., DICT secretary Ivan E. John Uy, Philippine Health Insurance Corporation (PhilHealth) president and CEO Emmanuel R. Ledesma Jr., and PhilHealth senior vice president and chief information officer Jovita V. Aragona

PhilHealth, DICT sign pact to further boost health insurance services

STATE health insurer Philippine Health Insurance Corporation (PhilHealth) and Department of Information and Communications Technology (DICT) recently signed a Memorandum of Understanding to collaborate...
The Forest Products Research and Development Institute is promotinge the use of bamboo for construction because of the current housing backlog in the country. DENR PHOTO

Bamboo use in construction enhanced

THE Forest Products Research and Development Institute (FPRDI), an attached agency of the Department of Science and Technology, is continuously experimenting on an improved...

BSP forecasts lower BOP deficits in 2023 and 2024

THE Bangko Sentral ng Pilipinas (BSP) said the country will likely post a smaller balance of payments deficit this year and next year compared...
Tourists enjoy the world-renowned Boracay Island. China already allowed outbound group travel for Chinese citizens to more than a dozen countries, including the Philippines, reviving hopes for the pandemic-hit tourism sector. PNA FILE PHOTO

China reopens to Filipino tourists

CHINA has officially reopened to foreign tourists, including Filipinos, as it resumed accepting applications for all types of visas, the Chinese Embassy in Manila...

Explore Iloilo – the Philippines’ next BPO hub

WITH Metro Manila’s aggressive development comes rising costs and road congestion – making the outskirts and beyond more ideal for businesses. Thus, it isn’t...

House bill seeks to regulate bank accounts, e-wallets

THE House Committee on Banks and Financial Intermediaries has submitted to the whole House of Representatives for plenary deliberation House Bill 4393 or the...
MEDALLA. ABS-CBN NEWS PHOTO

PH banks still safe and sound – BSP chief

BANGKO Sentral ng Pilipinas (BSP) governor Felipe Medalla assured the public the country’s “banking system remains safe and sound” amid the challenges being faced...