PATRICIA PRUDENTE-UNSPLASH Maternal mortality remains a significant public health concern in the Philippines. In 2019, prior to the COVID-19 pandemic, the United Nations Population Fund (UNFPA) estimated that approximately 2,600 women in the country die every year — seven each day — due to complications from pregnancy or childbirth. The […]
Debt yields climb ahead of Fed meeting
YIELDS on government securities (GS) traded in the secondary market rose last week ahead of the US Federal Reserve’s policy meeting and following the signing of the US debt ceiling deal. GS yields inched up by an average of 5.06 basis points (bps) week on week, based on PHP Bloomberg […]
FPG offers insurance for cycling, moto clubs
1 of 2 FPG INSURANCE is rolling out two new group insurance plans covering members of motorcycle and bicycle clubs. The plans, named MyCyclingClub Mate for cyclists and MyMotoClub Mate for bikers, are designed primarily to promote road safety awareness. As insurance instruments, both plans cover accidental death, permanent disability, […]
Stocks end week lower as market looks for leads
REUTERS LOCAL EQUITIES declined on Friday as investors stayed on the sidelines as they awaited fresh leads. The benchmark Philippine Stock Exchange index (PSEi) fell by 32.21 points or 0.49% to close at 6,507.15 on Friday, while the broader all shares index went down by 8.53 points or 0.24% to […]
Peso seen to trade sideways vs dollar before Fed, BSP reviews
BW FILE PHOTO THE PESO could trade sideways against the dollar this week on expectations that the US Federal Reserve will pause its tightening cycle at its policy meeting this week. The local currency closed at P56.05 versus the dollar on Friday, strengthening by six centavos from Thursday’s P56.11 finish, […]
Filipino children from 5.6M households heavily vulnerable to climate shocks
SCHOOL children wait on one side of a flooded road in Baao, Camarines Sur in this photo taken in January 2023. — NDRRMC CHILDREN from 5.6 million low-income households in the Philippines face deadly threats from the climate crisis, which worsen the state of education in the country, according to […]
Study supports bill that will legalize motorcycle taxi service
BW FILE PHOTO THE PHILIPPINE Congress has been urged to fast-track the passage of a bill that will legalize the operation of motorcycle taxis, citing its role in plugging gaps in public transportation and employment while addressing the need for regulation to ensure safety. In a research paper released recently, […]
Coronavirus cases seen falling back to ‘low levels’
A NURSE administers a coronavirus vaccine second booster shot on April 25 at a shopping mall in Pasay City. — PHILIPPINE STAR/ MICHAEL VARCAS By Kyle Aristophere T. Atienza, Reporter DAILY coronavirus cases in the Philippines would likely fall to fewer than 1,000 starting next week, according to pandemic monitoring […]
CoA flags ERC for P18.8-M unremitted taxes
STATE AUDITORS flagged the Energy Regulatory Commission (ERC) for failing to remit taxes withheld from employees, contractors and suppliers in the past two years worth P18.79 million. In its 2022 audit report made available on June 8, 2023, the Commission on Audit (CoA) said the ERC failed to fully comply […]
Typhoon-enhanced monsoon to brings rains in western parts of Luzon, Visayas islands
THE SOUTHWEST monsoon enhanced by typhoon Guchol, locally known as Chedeng, will bring “occasional to monsoon” rains over the western portions of Luzon and Visayas in the next few days, according to state weather bureau PAGASA. “While the effect of Chedeng on the monsoon will decrease as it moves further […]