[ad_1] The Bangko Sentral ng Pilipinas (BSP) will continue to study and strengthen capacity building on the central bank digital currency (CBDC), but it is unlikely to issue them in the short or medium term, according to BSP Governor Benjamin E. Diokno . “The end of my term is 2023. …
Read More »TNT Goes Wild and Claims to Win No. 5 as Solo Leader
[ad_1] WITH Jayson Castro resting a tight calf muscle, TNT Tropang Giga had barely any trouble taking care of business within the Clark bubble that returned to “normal” less than 24 hours after receiving a Covid-19 scare. Roger Pogoy and Bobby Ray Parks Jr. joined forces in the first half …
Read More »BSP raises balance of payments surplus forecast
[ad_1] MANILA – The Philippine monetary authorities have revised upward the Bangko Sentral ng Pilipinas (BSP) Balance of Payments (BOP) projections based on the expected global economic recovery next year, the improvement in remittances, foreign direct investment (FDI) ) and foreign reserves. The latest figure for this year is a …
Read More »The burden of debt | Business mirror
[ad_1] Recent reports show that our national debt will grow to P10.16 trillion by the end of 2020. This reflects a strong increase over our outstanding debt of P7.73 trillion recorded in 2019. Our gross domestic loans consist mainly of the sale government securities such as bills and treasury bonds. …
Read More »Reevaluate priorities in tough times
[ad_1] We agree with the managing director of the IMF, Kristalina Georgieva. He noted that some emerging countries like India, Brazil, Argentina, Iraq and, yes, the Philippines, “are dealing with a large number of cases that cloud the short-term economic outlook.” One of the final notes of the recent online …
Read More »BSP says more preliminary work is needed before it can issue digital currency
[ad_1] BSP Governor Benjamin Diokno. INQUIRER file photo MANILA, Philippines – The central bank recently completed its study on digital currencies as a possible future alternative to the current system of physical peso banknotes as a means of transferring value, but the country’s top monetary regulator said it is unlikely …
Read More »Despite concerns, teams continue to live inside the PBA bubble
[ad_1] CLARK FREEPORT: Life goes on for the 12 teams inside the PBA bubble. While there may be concern over the first suspected case of COVID-19 contraction in the Philippine Cup, most ball clubs continued their usual routine, albeit with some restrictions. Players and coaches expressed a bit of apprehension, …
Read More »Facts, biography of ABS-CBN actor Markus Paterson: Who is Markus Paterson?
[ad_1] Celeb couple Markus Paterson Y Janella salvador made headlines when they finally made their Insta! relationship official. At the time of writing, Markus and Janella are based in the UK. MORE ABOUT MARKUS + JANELLA: We know that you are very curious about the young actor and musician, so …
Read More »How much will a Covid-19 vaccine cost?
[ad_1] The race for a coronavirus vaccine has sparked a debate about how much the hits will cost and who will pay for them, as prices range from $ 3 to more than $ 30 per dose and public health advocates, including Bill Gates, call for a maximum price for …
Read More »PLDT, Smart Select Nokia WING for IoT services
[ad_1] PLDT Inc., through PLDT Enterprise and its wireless arm Smart Communications. Inc., is in an advanced stage of discussions with its long-time partner Nokia to provide next-generation Internet of Things (IoT) services for its customers. Together, Smart and Nokia intend to build the “Smart IoT Platform”, the first of …
Read More »