NTC urged to intervene amid delays in mobile portability

THE National Telecommunications Commission (NTC) needs to step in and address the delays in implementing the Mobile Number Portability (MNP) Act,  according to Infrawatch PH, a public-policy think tank. It cited “process roadblocks” by some telecommunications companies and system glitches for the delay in rolling out number portability, which allows phone users to retail their phone numbers when […]

AUB expects improved appetite for home loans

MORE BORROWERS are likely to take out residential home loans once the economy improves, Asia United Bank Corp. (AUB) officials said. “We are optimistic that the real estate industry will be among the sectors that will bounce back fastest once the economy recovers, which bodes well for consumer appetite for home loans,” AUB Assistant Vice-President […]

No parent’s consent, no vaccine for minors in Cebu City

CEBU City’s Covid-19 vaccination registration will be updated to include parents’ consent for children aged 12 to 17 years old, Acting Mayor Michael Rama said. PaBakunata.com, the city’s registration website, requires personal information, which might put the privacy and security of minors at risk without adult supervision, said Rama. “We have to respect the human […]

Batuhan: Too big to fail?

“On Sept. 16, 2008, the Federal Reserve provided an US$85 billion two-year loan to AIG to prevent its bankruptcy and further stress on the global economy. In return, the Fed took ownership of 79.9 percent of AIG’s equity. That gave it the right to replace management, which it did. It also had veto power over […]

5 more college programs get nod for f2f classes

LIMITED face-to-face classes have been allowed for five more college degree programs that require hands-on experience, but only in areas under modified general community quarantine (MGCQ), the Commission on Higher Education (Ched) announced. In a statement Wednesday, Sept. 29, 2021, officials of the University of San Jose-Recoletos (USJ-R) in Cebu City welcomed Ched’s new order. […]

BoJ flags pressure on economy

THE BANK of Japan (BoJ) held its key stimulus tools in place while flagging COVID-linked pressures on the economy ahead of a key ruling party election that is almost certain to determine the country’s next prime minister. The BoJ kept its negative interest rate and asset-buying targets unchanged Wednesday, as widely expected by economists. The […]