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Current Human Events & Stories

Why Fuentebella’s Partido Development Administration got the axe

Why Fuentebella’s Partido Development Administration got the axe. The administration is cleaning up the mess of the past. Or, so it seems. Recently, Malacañang abolished a Bicol-based Government Owned or Controlled Corporation (GOCC) created during the administration of former president Fidel V. Ramos. The Partido Development Administration (PDA) was snapped […]

BSP wants you to know the Philippine bank notes are hard to counterfeit

Bangko Sentral ng Pilipinas wants you to know that it would be very difficult to produce a counterfeit of the new generation Philippine bank notes now in circulation. With the very stringent process, the bank note paper used made up of cotton with Philippine abaca, and all other security features […]

Peso seen to breach the 54 level to a US dollar in 2018

This should confirm the long suspected plunge of the peso vis-à-vis the US dollar. Now the peso is seen to weaken further beyond the range of 48-50 until the end of year 2017. If it does, which is srongly possible, President Rodrigo Duterte’s economc managers are missing something. Yet, it […]

Bicolanos are too poor to open a savings account – Survey

Many Bicolanos are either living dirt poor, pay check to pay check, do not have money left to put up a bank account, or do not have confidence in the Philippine banking system. Either one of the above could be true. Take a look at the recent finding based on […]

Wonder how much OFW remittance adds up to and where they come from?

Wondered how much Overseas Filipino Workers Remittance adds up to and where they come from? Here’s a dated infograhic presentation showing an increase of OFW remittance beginning 2013 sourced from data provided by the Bangko Sentral ng Pilipinas. Philippine-based banks and financial remittance companies processed about $26.2 billion or P1.20 […]

Philippines ranks 74th out of 128 economies in innovation

In the 2016 Global Innovation Index (GII) report, the Philippines was 74th on innovation among 128 economies surveyed. The report jointly released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD ranked 128 economies in terms of their Global Innovation Index (GII) based on 82 indicators. The 9th edition […]

Philippine Stock Exchange sees P200-B capital raising a good target

Philippine Stock Exchange (PSE) President Hans Sicat told reporters more companies engaged in real estate and consumer/retail sectors are expected to launch their initial public offering (IPO) on the local bourse next year. Eight to 10 companies are expected to debut in the local equities stock market in 2016, as […]

Uptrend in Inflation Continues in Bicol Region

Annual inflation rate in the Bicol Region continued its uptrend in February gaining 0.3 percentage point over the January 2013 level. The year-on-year change came in at 3.4 percent, posting a five-month high in February primarily due to the double-digit spike in the prices of so-called sin products. The latest […]

Filipinos to Shoulder P44 Billion in CCT Loan Repayment

Research group IBON calls on lawmakers deliberating on the budget for the controversial Conditional Cash Transfer (CCT) Program to look into the resulting additional debt burden that Filipinos will shoulder to repay the program’s loans.

The Wealthiest Families in the Philippines

Mang Jaime lives at a make-shift nipa shack across our house by the creek. On farmers market days, he would get up early and harvest fresh shoots of kangkong and sell at Calabanga’s only public market. A bundle of the aquatic vegetable would earn him about five pesos (one peso is equivalent to US $0.0223 at the current exchange rate). Whatever money he gets from the sale of his bundles, he would buy bread and food for his family.

What's Recommended

Wonder how much OFW remittance adds up to and where they come from?

Wondered how much Overseas Filipino Workers Remittance adds up to and where they come from? Here’s a dated infograhic presentation showing an increase of OFW remittance beginning 2013 sourced from data provided by the Bangko Sentral ng Pilipinas. Philippine-based banks and financial remittance companies processed about $26.2 billion or P1.20 […]

Philippines ranks 74th out of 128 economies in innovation

In the 2016 Global Innovation Index (GII) report, the Philippines was 74th on innovation among 128 economies surveyed. The report jointly released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD ranked 128 economies in terms of their Global Innovation Index (GII) based on 82 indicators. The 9th edition […]

BSP wants you to know the Philippine bank notes are hard to counterfeit

Bangko Sentral ng Pilipinas wants you to know that it would be very difficult to produce a counterfeit of the new generation Philippine bank notes now in circulation. With the very stringent process, the bank note paper used made up of cotton with Philippine abaca, and all other security features […]

The Wealthiest Families in the Philippines

Mang Jaime lives at a make-shift nipa shack across our house by the creek. On farmers market days, he would get up early and harvest fresh shoots of kangkong and sell at Calabanga’s only public market. A bundle of the aquatic vegetable would earn him about five pesos (one peso is equivalent to US $0.0223 at the current exchange rate). Whatever money he gets from the sale of his bundles, he would buy bread and food for his family.

Philippine Stock Exchange sees P200-B capital raising a good target

Philippine Stock Exchange (PSE) President Hans Sicat told reporters more companies engaged in real estate and consumer/retail sectors are expected to launch their initial public offering (IPO) on the local bourse next year. Eight to 10 companies are expected to debut in the local equities stock market in 2016, as […]

Why Fuentebella’s Partido Development Administration got the axe

Why Fuentebella’s Partido Development Administration got the axe. The administration is cleaning up the mess of the past. Or, so it seems. Recently, Malacañang abolished a Bicol-based Government Owned or Controlled Corporation (GOCC) created during the administration of former president Fidel V. Ramos. The Partido Development Administration (PDA) was snapped […]

Bicolanos are too poor to open a savings account – Survey

Many Bicolanos are either living dirt poor, pay check to pay check, do not have money left to put up a bank account, or do not have confidence in the Philippine banking system. Either one of the above could be true. Take a look at the recent finding based on […]

Peso seen to breach the 54 level to a US dollar in 2018

This should confirm the long suspected plunge of the peso vis-à-vis the US dollar. Now the peso is seen to weaken further beyond the range of 48-50 until the end of year 2017. If it does, which is srongly possible, President Rodrigo Duterte’s economc managers are missing something. Yet, it […]

Uptrend in Inflation Continues in Bicol Region

Annual inflation rate in the Bicol Region continued its uptrend in February gaining 0.3 percentage point over the January 2013 level. The year-on-year change came in at 3.4 percent, posting a five-month high in February primarily due to the double-digit spike in the prices of so-called sin products. The latest […]

Filipinos to Shoulder P44 Billion in CCT Loan Repayment

Research group IBON calls on lawmakers deliberating on the budget for the controversial Conditional Cash Transfer (CCT) Program to look into the resulting additional debt burden that Filipinos will shoulder to repay the program’s loans.

What's Throwback

Why Fuentebella’s Partido Development Administration got the axe

Why Fuentebella’s Partido Development Administration got the axe. The administration is cleaning up the mess of the past. Or, so it seems. Recently, Malacañang abolished a Bicol-based Government Owned or Controlled Corporation (GOCC) created during the administration of former president Fidel V. Ramos. The Partido Development Administration (PDA) was snapped […]

The Wealthiest Families in the Philippines

Mang Jaime lives at a make-shift nipa shack across our house by the creek. On farmers market days, he would get up early and harvest fresh shoots of kangkong and sell at Calabanga’s only public market. A bundle of the aquatic vegetable would earn him about five pesos (one peso is equivalent to US $0.0223 at the current exchange rate). Whatever money he gets from the sale of his bundles, he would buy bread and food for his family.

Filipinos to Shoulder P44 Billion in CCT Loan Repayment

Research group IBON calls on lawmakers deliberating on the budget for the controversial Conditional Cash Transfer (CCT) Program to look into the resulting additional debt burden that Filipinos will shoulder to repay the program’s loans.

Uptrend in Inflation Continues in Bicol Region

Annual inflation rate in the Bicol Region continued its uptrend in February gaining 0.3 percentage point over the January 2013 level. The year-on-year change came in at 3.4 percent, posting a five-month high in February primarily due to the double-digit spike in the prices of so-called sin products. The latest […]

Philippine Stock Exchange sees P200-B capital raising a good target

Philippine Stock Exchange (PSE) President Hans Sicat told reporters more companies engaged in real estate and consumer/retail sectors are expected to launch their initial public offering (IPO) on the local bourse next year. Eight to 10 companies are expected to debut in the local equities stock market in 2016, as […]

Philippines ranks 74th out of 128 economies in innovation

In the 2016 Global Innovation Index (GII) report, the Philippines was 74th on innovation among 128 economies surveyed. The report jointly released by World Intellectual Property Organization (WIPO), Cornell University and INSEAD ranked 128 economies in terms of their Global Innovation Index (GII) based on 82 indicators. The 9th edition […]

Wonder how much OFW remittance adds up to and where they come from?

Wondered how much Overseas Filipino Workers Remittance adds up to and where they come from? Here’s a dated infograhic presentation showing an increase of OFW remittance beginning 2013 sourced from data provided by the Bangko Sentral ng Pilipinas. Philippine-based banks and financial remittance companies processed about $26.2 billion or P1.20 […]

Bicolanos are too poor to open a savings account – Survey

Many Bicolanos are either living dirt poor, pay check to pay check, do not have money left to put up a bank account, or do not have confidence in the Philippine banking system. Either one of the above could be true. Take a look at the recent finding based on […]