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Philippines
Tuesday, May 28, 2024

Business

BSP confirms ‘unprecedented’ irregularities involving 2 supervisors, 4 employees

The Bangko Sentral ng Pilipinas on Tuesday confirmed “unprecedented” irregularities involving two supervisors and four employees of the Monetary Board who were receiving salaries without reporting for work. The Monetary Board, the policy-making body of the BSP, is composed of seven members, along with their respective staff. “The irregularities appear unprecedented in an organization that upholds integrity and professionalism at all levels. The BSP remains committed to upholding that,” the BSP,...

PH seen becoming 13th biggest market by 2030

The Philippines is seen becoming the world’s 13th biggest consumer market by...

Indigenous Filipinos face challenges

A World Bank report underscores the urgent need to improve living standards...

AboitizPower to establish smart plants

BANGKOK—Aboitiz Power Corp. (AboitizPower) teamed up with REPCO NEX Industrial Solutions of...

LATEST Business

LATEST

Local stocks decline amid lack of market catalysts

Philippine share prices opened the week in the red, even as most Asian stocks edged higher, to close below the 6,600 level. The 30-company Philippine...

Smart warns of ‘fake cell towers’ scam

Smart Communications Inc. on Monday warned the public about a new scam involving “fake cell towers,” allowing scammers to bypass the telco’s network and...

SM Investments bags int’l award for corporate governance initiatives

Conglomerate SM Investments Corp. (SMIC) won recognition for its corporate governance initiatives in the 14th Institutional Investor Corporate Awards. SMIC said in a statement Monday...

AppleOne bullish on tourism in the south, bares expansion plan

The rest of 2024 is looking bright for the Visayas and Mindanao’s hospitality and tourism industry, according to property developer AppleOne Group Inc. This followed...

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