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by Ian Nicolas Cigaral (Philstar.com), 2 Feb 2021 MANILA, Philippines — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil
By Ian Nicolas Cigaral(Philstar.com), 2 Feb 2021 MANILA, Philippines (UPDATE 7:56 a.m., Feb. 3) — Soured consumer loans held by banks soared to their highest level in nearly a decade as of the third quarter last year, as several households struggled to pay debts after a pandemic-induced recession threw job markets into turmoil.
by Lawrence Agcaoili (The Philippine Star), 24 Oct 2020 MANILA, Philippines — Foreign borrowings by the national government surged by 44.2 percent to $13.14 billion in the nine months to September as the country turned to the offshore debt market for more funds to bankroll key infrastructure projects and to control the COVID-19 pandemic.
by Lawrence Agcaoili (The Philippine Star), 30 Sep 2020 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines of a new law extending a 60-day grace period for the repayment of all existing loans to ease the burden of consumers and companies severely affected by the COVID-19 pandemic.
by Lawrence Agcaoili (The Philippine Star), 20 Sep 2020 MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) has directed banks and other financial institutions to immediately comply with the provisions of a new law including the 60-day reprieve on loan payments amid the coronavirus disease 2019 or COVID-19 pandemic.
MANILA – Philippines companies racked up debt faster than their Asean peers in the last seven years. In a report released today, Standard and Poor’s (S&P) said 17 of the Philippines’ biggest companies nearly tripled their debt holdings between 2008 and the first quarter of 2014.
MANILA, Philippines – The country’s external debt rose to $59.8 billion as of end-September 2010, 4.4 percent higher than the $57.3 billion recorded as of end-June, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco Jr. reported yesterday.
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
