Chinese envoy warns PH stands to lose more if travel ban, trade restriction stay as COVID-19 precautions
As such, National Treasurer Rosalia de Leon told reporters after the auction that the Treasury opened its tap facility to sell over-the-counter another up to P8 billion in 364-day T-bills, given strong demand. De Leon attributed the robust demand for the longest treasury bill tenor to investors’ flight toward safer havens, including T-bonds, amid lingering concerns over the COVID-19 outbreak.
The same concerns over COVID-19 had been the reason why the Treasury was still “very tepid” and monitoring the market as far as the planned dollar-denominated global bond sale was concerned. The declining T-bill rates, meanwhile, were attributed by De Leon to Fitch’s upgrade to positive of its credit rating outlook for the Philippines last week, as well as Bangko Sentral ng Pilipinas Governor Benjamin Diokno’s recent pronouncement that another interest rate cut might come during the second quarter. INQ
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Caritas to conduct background check of national & diocesan directorsTo further help boost efforts to curtail the sexual abuse of minors by priests, Caritas Philippines plans to conduct a thorough background check of all its national and diocesan directors.
Source: manilabulletin - 🏆 25. / 51 Read more »
Senate approves GMRC billThe Senate has approved the bill making Good Manners and Right Conduct (GMRC) a core subject under the K to 12 curriculum both in private and public institutions. Bravo!
Source: manilabulletin - 🏆 25. / 51 Read more »
Senate OKs bill requiring GMRC subject for elementary, senior high studentsMANILA, Philippines — The Senate on Monday approved on third and final reading a bill requiring elementary and high school students to take a mandatory Good Manners and Right Conduct (GMRC) subject Yung magtuturo ba nito talagang alam ang gmrc? Tsk!
Source: inquirerdotnet - 🏆 3. / 86 Read more »
1 dead, up to 30 hurt as bus falls off ravine in Cagayan de OroThe driver, Rito Reyes, dies when the bus falls off a ravine at the Carmen Hill portion of Sayre Highway.
Source: rapplerdotcom - 🏆 4. / 86 Read more »
DDB: No more use for medical marijuana bill with cannabidiol approvalThe Dangerous Drugs Board chief notes that it would be unnecessary to still push for the legalization of medical marijuana after the agency recently approved a cannabis product that gives off the same effect to patients in need.
Source: CNN Philippines - 🏆 13. / 63 Read more »
House closer to passing bill allowing foreigners to own PH public utilitiesFor lawmakers behind the bill, the 1987 Constitution’s requirement that at least 60% of public utility enterprises' capital stock must be owned by Filipino citizens or corporations is limiting the country’s economic growth. Seems like a concession to a special foreigner — the Mainland Chinese. Ito ang resulta ng DDS voters. Pagbenta ng Pinas. para maging Chinese owned ang mga public utilities natin? FUCK THAT
Source: rapplerdotcom - 🏆 4. / 86 Read more »