BMI sees BSP cutting rates by 50 basis points in 2024

MANILA: Fitch Solutions unit BMI said the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) will likely lower key interest rates by 50 basis points (bps) by October this year.

In a report on Monday, BMI said the BSP will only start to redu…

Comelec readies poll raps vs. Bamban Mayor Guo

MANILA: The Commission on Elections (Comelec) said Monday it is now preparing to file election offense cases against suspended Bamban, Tarlac Mayor Alice Guo.

In an interview, Comelec chairperson George Erwin Garcia said he would talk to their Law De…

Foundation receives pledges to plant 2.7M trees in 2025

MANILA: The Million Trees Foundation, Inc. (MTFI) on Monday received pledges from its 31 partners to plant more than 2.7 million trees nationwide in 2025 to ensure the steady supply of water in the country in the years ahead.

The pledge was announced…

Double immunization safe – Indonesian official

JAKARTA: An Indonesian health official has addressed concerns following a recent report on an infant’s death in Sukabumi, West Java, after receiving double immunization.

“Double immunization, administering recommended vaccines at one visit, is a safe…

7 arrested, 11 rescued in NBI anti-trafficking operation

MANILA: The National Bureau of Investigation (NBI) arrested seven individuals, including a Chinese national, for offering Filipino minors and women of other nationalities for sexual services, during an operation in Quezon City last week.

In a press b…

NCRPO: 22K cops to secure Marcos’ 3rd SONA

MANILA: More than 22,000 cops and force multipliers would be deployed to secure the third State of the Nation Address (SONA) of President Ferdinand R. Marcos Jr. on July 22, the National Capital Region Police Office (NCRPO) said Monday.

In a statemen…