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BSP rediscounting loans unchanged at P15 3 B

The Bangko Sentral ng Pilipinas (BSP) did not report any activity in the peso rediscounting loans for the month of November, it remained unchanged at P15.3 billion for the first 11 months. The P15.3 billion rediscounting loans was higher than end-November 2021 of only P6.12 million. The BSP said

Davao City under MECQ from June 5 to 20

Davao City LGU wants MECQ to break COVID-19 surge

The City is also requesting those affected in the MECQ zero operational capacity under DTI Memorandum Circular 21-19 to coordinate with the Trabaho Dabawenyo employment assistance at the City Mayor’s Office Special Project Office located inside Magsaysay Park. Under the MECQ all public transportation vehicles are allowed to travel. The City Government has again reiterated to residents on the need to stay home unless it is for work or business. The local government has attempted to stem the tide of surging COVID-19 cases, one of the recent executive orders to address the surge is Executive Order 31 which prohibits non-essential government face-to-face government activities these include inaugurations, ribbon cuttings, team building among many other non-essential government events. 

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