BSP tightens know-your-employee rules for banks

BW FILE PHOTO BSP CIRCULAR No. 1112, signed by Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno on April 8, directed banks to apply adequate policies, risk management and control measures in hiring and performance management of bankers. Under…

Cash remittances growth fastest in five months

REUTERS By Luz Wendy T. Noble, Reporter MONEY sent home by overseas Filipino workers (OFWs) in February jumped by its quickest pace since September last year, as key economies began reopening after the widespread rollout of coronavirus disease 2019 (COVID-19)…

Moratorium on mining projects lifted

A view of nickel ore stockpiles at DMCI Mining Corp.’s mine in Sta. Cruz, Zambales, Feb. 7, 2017. — REUTERS/ERIK DE CASTRO By Kyle Aristophere T. Atienza, Reporter PHILIPPINE President Rodrigo R. Duterte finally lifted the nine-year moratorium on new…

Want to become a Profitable Forex Trader? Up Your Game With Guerrilla Trading Now

Learning to trade in the forex market is tough – But only if you don’t know how to. With proper guidance and help from a profitable trader who is already making £££’s 7 days a week can definitely change…

Lithium ion batteries continue to gain phenomenal traction in the automotive sector – need for alternate energy sources to reinforce the trend

In an era where clean energy is continually being propagated, lithium ion battery industry has been gaining exceptional prominence, given that the product is extensively used in phones, computers, cordless power tools, battery operated vehicles, and more. The popularity of…

Nornickel to boost output of nickel products in EU

The world’s largest producer of refined nickel Russian Nornickel builds up production capacity in the Finnish Harjavalta. The plan to increase capacity is driven by growing European market demand for battery raw materials responsibly produced with one of the…

Regional Updates (04/15/21)

1 of 2 PCG Sea patrol MEMBERS of the Philippine Coast Guard took photos of these China-flagged ships during maritime patrol operations on April 13 at the Julian Felipe Reef using the BRP Cabra and two vessels of the Bureau…

Nationwide round-up (04/15/21)

House vows to work swiftly on 3 economic bills marked urgent THE House of Representatives on Thursday said it will work swiftly on the three proposed economic bills certified as urgent by President Rodrigo R. Duterte. In a statement, Deputy…

Shares rise as gov’t lifts ban on new mining deals

PHILIPPINE shares climbed further on Thursday as investors continued picking up bargains and after the government lifted a moratorium on new mining agreements to ramp up revenues to help fund increased spending during the pandemic. The Philippine Stock Exchange index…

Peso climbs on remittance data

THE PESO rose against the greenback on Thursday after the release of upbeat February remittance data. The local unit closed at P48.44 versus the dollar yesterday, appreciating by 5.9 centavos from its Wednesday finish of P48.499, based on data from…

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