Month: September 2020

DOE Secretary Cusi Congratulates Philippine EV Sector at 8th EV Summit TAGUIG CITY – Department of Energy (DOE) Secretary Alfonso G. Cusi congratulated yesterday (24 September) the Electric Vehicle Association of the Philippines (EVAP) for their efforts to bring EV technology into the country, during the opening of the 8th Philippine Electric Vehicle Summit (24-26 …

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Business Confidence Turns Pessimistic for Third Quarter 2020 Less Optimistic for Q4 2020 and the Next 12 Months Business confidence on the economy turned negative in Q3 2020, after posting 43 quarters of positive confidence (from Q3 2009 to Q1 2020), as the overall confidence index (CI) decreased to -5.3 percent from 22.3 percent in …

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DOE Promotes PH Liquefied Natural Gas Investors’ Guide TAGUIG CITY- The Department of Energy (DOE) on Friday (September 4) promoted the Philippine Liquefied Natural Gas (LNG) Investors’ Guide during a webinar of the United States Agency for International Development (USAID)-supported US-Asia Gas Partnership (AGP) and the United States Energy Association (USEA). The LNG Investors’ Guide …

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BANKS TIGHTEN LENDING TO HOUSEHOLDS WHEN AFFORDABLE CREDIT IS NEEDED TO SURVIVE THE PANDEMIC Bakit kung kailan mas kailangan ng pamilyang Pilipino ng tulong pinansyal ngayong pandemic, ngayon pa sobrang naghihigpit ang mga bangko sa pagpapautang? “Loans to households grew at a slower pace of 17.3 percent in July from 27.0 percent (revised) in June …

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Memorandum of Understanding between Otoritas Jasa Keuangan and Bangko Sentral ng Pilipinas Concerning Consultation, Cooperation and the Exchange of Information Otoritas Jasa Keuangan (Financial Services Authority of Indonesia [OJK]) and Bangko Sentral ng Pilipinas (BSP) signed the Memorandum of Understanding (MOU) Concerning Consultation, Cooperation and the Exchange of Information on 1 September 2020. The MOU …

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