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Month: September 2024

Gov’t begins preparations for mandatory speed limiters in PUVs

Manila: Ranking transportation officials have started drafting the guidelines to enforce mandatory speed limiters in public utility vehicles (PUVs).

In a statement Friday, Land Transportation Office (LTO) chief, Assistant Secretary Vigor Mendoza II s…

BSP to reduce banks’ reserve requirement ratio

Manila: The Bangko Sentral ng Pilipinas (BSP) will reduce the reserve requirement ratios (RRRs) of banks as part of its efforts to reduce distortions in the financial system.

In a statement on Friday, the BSP said the RRR of universal and commercial …

PSEi strong, peso flat on Friday

Manila: The local index finished the last day of trading for the week strong, while the peso barely moved.

The Philippine Stock Exchange index (PSEi) ended Friday gaining 0.70 percent at 7,252.32 points, with All Shares also closing higher by 0.62 p…

PH bats for retaining special terms on rice, sugar in ATIGA review

Manila: The Philippines is pushing for the retention of a protocol in the free trade agreement (FTA) in the Association of Southeast Asian Nations (ASEAN) that will protect sensitive agricultural products in the country such as rice and sugar.

During…