Tag: chief
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BSP chief says ‘a little bit less likely’ to cut rates
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THE BANGKO SENTRAL ng Pilipinas (BSP) is now “a little bit less likely” to cut rates at its Aug. 15 meeting after inflation breached the 2-4% target band in July, its governor said. “A little bit less likely (to ease) because inflation is high. But we have to look at…
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PHL economy likely grew more than 6% in Q2 — Finance chief
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THE PHILIPPINE ECONOMY likely grew faster in the second quarter amid better state spending and increased household consumption, the Department of Finance (DoF) said. “If you’re talking about growth rate for the second quarter, I think we’re pretty optimistic. It will be higher than the first (quarter),” Finance Secretary Ralph…
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Pascual resigns as Trade chief
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TRADE Secretary Alfredo E. Pascual has resigned from his post to return to the private sector, according to the Presidential Communications Office (PCO). In a statement, the PCO said President Ferdinand R. Marcos, Jr. accepted Mr. Pascual’s resignation during a meeting at the Palace. “His focus on micro, small, and…
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Former anti-graft chief seeks audit of P245 billion flood control projects amid Metro’s massive flooding
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The former chief of the Presidential Anti-Graft Commission (PAGC) has called for a comprehensive audit of the country’s P245-billion budget for flood control projects for 2024 amid the massive flooding in the capital region following the onslaught of Super Typhoon Carina (international name Gaemi). Atty, Nicasio Conti, former commissioner of…
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Former Anti-graft chief seeks regulated gaming BPOs to offset POGO revenues
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The former chief of the Presidential Anti-Graft Commission (PAGC) said the government can offset the potential revenue losses from the operations of Philippine Offshore Gaming Operators (POGOs) by allowing gaming Business Process Outsourcing in export processing zones to enpolsure strict regulations. Atty. Nicasio Conti, former head of PAGC, now chief…
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Delayed easing to dampen growth — BSP chief
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THE BANGKO SENTRAL ng Pilipinas (BSP) said that it should not “wait too long” to begin policy easing as this would dampen economic growth, its top official said.
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Waaree Energies Appoints Sanjeev Pushkarna as Chief Procurement Officer
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Waaree Energies Limited, India’s largest manufacturer of solar PV modules with an aggregate installed capacity of 12 GW has announced the appointment of Mr. Sanjeev Pushkarna as its new Chief […] The post Waaree Energies Appoints Sanjeev Pushkarna as Chief Procurement Officer appeared first on SolarQuarter.
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Angara named DepEd chief amid education crisis
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MALACAÑANG on Tuesday named Senator Juan Edgardo M. Angara as the new secretary of the Department of Education (DepEd) as the Philippines faces a learning crisis spurred by the pandemic and decades-old bureaucratic inefficiencies.
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NCR wage increase likely in July, says Labor chief
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A WAGE INCREASE in the Philippine capital and nearby cities is likely in July, based on past decisions by the regional wage board, according to the country’s Labor chief.
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PHL on track to reach upper middle-income status, says NEDA chief
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THE PHILIPPINES is still on track to become an upper middle-income economy next year as long as the growth momentum continues, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said. “If growth this year is not dampened, [we] should be on track,” he told reporters on the sidelines…