Thursday, December 3, 2020

Japan Honors Ex-BSP Governor Tetangco

Japan Honors Ex-BSP Governor Tetangco

Spotlight

Children Still Survive In Makeshift Homes And Miss Out On Learning After Typhoon Rolly

"Our house was destroyed because we are poor," said nine-year-old Maria who was among the thousands of children left homeless when Super Typhoon Rolly made landfall in Albay.

SM Scholar Alumna Becomes Agent Of Peacebuilding In Conflict Affected Areas

SM Foundation scholar alumni Carissa Cruz shares what drives her to continue to strive for excellence at work in life in general.

Filipino PR Executive Wins People Of The Year 2020 In Beijing

PAGEONE Group CEO Ron F. Jabal was recognized as People of the Year 2020 in the Golden Flag Awards — one of most prominent PR awards in China!

GSIS To Release Php3.3B In Christmas Cash Gift To Pensioners Starting Dec 1

Good news! GSIS announced that it will start to release a total of Php3.3 billion in Christmas cash gift to a total of 330,496 old-age and disability pensioners starting December 1.

The Japanese Embassy in Manila announced the conferment of The Order of the Rising Sun, Gold and Silver Star, on former Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr., for his contributions in bolstering the ties between Japan and the Philippines in the financial sector.

Japan recognized Tetangco’s role in drafting a law amendment to allow more foreign banks to operate in the Philippines and in “strongly” persuading Congress on the need for the liberalization of entry of foreign banks.

“As a result, the law was enacted in 2014, allowing further participation of Japanese banks, and thereby improving the environment for Japanese companies to operate and expand their businesses in the Philippines,” the Japanese Embassy in Manila said.

It also recognized Tetangco for promoting both regional and bilateral financial cooperation led by Japan in order to overcome the global financial crisis that occurred in 2008.

He participated in the Association of Southeast Asian Nations (ASEAN)+3 Finance Ministers’ and Central Bank Governors’ Meetings starting in 2012, and promoted the Asian Bond Markets Initiative and the establishment of the Asean+3 Macroeconomic Research Office.

In 2014, he also supported the creation of the “Joint Working Group on Bilateral Financial Cooperation between Japan and the Philippines” to further deepen the economic relations of the two countries.

In the same year, the Embassy said he made huge efforts to expand the bilateral currency swap between Japan and the Philippines.

“As a result, the exchange limit for the Philippine peso to the US dollar was doubled, ensuring further stability of financial markets in Asia,” it noted.

“The Government of Japan extends its sincerest congratulations to Mr. Tetangco, and hopes that he will continue to take an active role in further strengthening the close relations between our two nations,” it said. (Japan Embassy PR)

Latest News

Speed Of The Future: realme X50 Pro 5G To Launch Via Smart Signature Plan On December 03

realme PH launches its very first 5G-ready smartphone in the country!

Children Still Survive In Makeshift Homes And Miss Out On Learning After Typhoon Rolly

"Our house was destroyed because we are poor," said nine-year-old Maria who was among the thousands of children left homeless when Super Typhoon Rolly made landfall in Albay.

Embrace The Holidays In This Next-Normal Lifestyle

Whether you're looking for a place to satisfy your hankering for new adventures, or to simply unwind, and relax, here are ways how to make your Christmas merrier

SM Scholar Alumna Becomes Agent Of Peacebuilding In Conflict Affected Areas

SM Foundation scholar alumni Carissa Cruz shares what drives her to continue to strive for excellence at work in life in general.

Restrictions Still Tight Despite Allowing Minors In Malls

Presidential Spokesperson Harry Roque said the guidelines for allowing minors to enter malls will be prepared by the Metro Manila Council and other local government units.

PH Covid-19 Recoveries Reach 398.7K

Good news: overall tally of COVID-19 recoveries is now at 398,782!

Hope For Out-Of-School Youth Amid Covid-19 Pandemic

At 15-years-old, Timothy decided to continue his elementary education this year amid the COVID-19 pandemic. Here’s why:

Bohol Eyes Reopening By 2nd Week Of December

Good news! Bohol is planning to welcome travelers by the second week of December 2020!

LGU Ordinances Needed Before Minors Can Enter Malls

Dapat na nga bang payagan ang mga minor de edad sa mga mall?