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Loan sharks spared anew as BSP eases credit card interest rates
By Fernan Angeles THE Bangko Sentral ng Pilipinas is setting a cap on the interest rates of credit card companies to a maximum of 24 percent but sorely missed on imposing the same for loan sharks. At their regular board meeting, BSP’s policy-setting Monetary Board convened with an agenda to impose policies seen to ease…
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Practical workplace protocol encouraged
BUSINESS groups are asking the government to exempt office and factory workers from mandatory wearing of face masks and shields in workplaces, as it adversely affects productivity. In a letter addressed to the Inter-Agency Task Force on Emerging Infectious Diseases, the Philippine Chamber of Commerce and Industry (PCCI), Philippine Silk Road International Chamber of Commerce…
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13 PHL hospitals join WHO solidarity trials
By Fernan Angeles AT least 13 Philippine hospitals would be joining the World Health Organization’s solidarity trials for COVID-19 vaccines, says the Department of Science and Technology. Nine of the 13 hospitals are in the National Capital Region. In a statement, DOST Secretary Fortunato Dela Peña said among the hospitals which have signified taking part…
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ABS-CBN chairman emeritus Gabby Lopez resigns
THE man behind ABS-CBN Corporation has resigned. The giant broadcast network’s chairman emeritus, Eugenio “Gabby” Lopez III, cited personal reason behind his resignation. Aside from the ABS-CBN, Lopez has likewise tendered resignation as director of ABS-CBN Holdings Corp., Sky Vision Corp., Sky Cable Corp., Rockwell Land Corp., First Philippine Holdings Corp., and First Gen Corp.…
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CDC allots P980,000 for Zambales scholars
By Mar T. Supnad CLARK FREEPORT — Some 28 students from San Marcelino, Zambales received scholarship grants and financial assistance worth P980,000 from the Clark Development Corporation (CDC) through its corporate social responsibility (CSR) Project on education. In a simple ceremony held at the Clark Skills and Training Center (formerly Clark Polytechnic) here on Wednesday,…
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Educational assistance
Clark Development Corporation (CDC) President and CEO Noel F. Manankil (2nd from right) with CDC Director Ana Liza Peralta (3rd from right), and CDC Assistant Vice President Rommel Narciso (right) turn over a check for the financial assistance of students from Barangay San Isidro to San Marcelino, Zambales Association of Barangay Captains (ABC) President Romeo…
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Duterte to DSWD: Farm out remaining P10 billion to the poor
PRESIDENT Rodrigo Duterte directed the Department of Social Welfare and Development to use the remaining P10 billion under the COVID-19 emergency cash assistance program to aid more poor households and vulnerable sectors. “Dahil ‘yan po ay naibigay na ng Kongreso, kung pupuwede nga po ay ibigay pa po ‘yan doon sa mga pamilya na hindi…
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Philippine Army stands by its social media operator
THE Philippine Army stood by their social media operator. In fact, they’re demanding Facebook an explanation on the supposed violations of its personnel, specifically Captain Alexandre Cabales whose Facebook account was taken down. Army’s spokesman Colonel Ramon Zagala confirmed that Cabales is a member of the Philippine Army in charge of its “social media center.”…
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Cash assistance
MAYOR JOPET INTON, holding microphone, with Department of Agriculture personnel, leads the distribution of cash assistance to the ‘bangkero’ (fishermen engage in boat service) in Hermosa, Bataan. Some 34 fishermen were beneficiaries of the cash assistance.
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Palace official supports abolition of lifestyle checks
By Fernan Angeles A TOP Palace official is supporting the decision of Ombudsman Samuel Martires to stop lifestyle checks on government officials and employees, amid many other ways to prove allegations of corruption. In a television interview, presidential spokesperson Harry Roque said he understands Martires’ position given that corrupt officials could “pretend to have modest…