Wednesday, August 23, 2023

Bank reserves may be halved

 

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August 24, 2023

 

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Toyota to start making next-gen Tamaraw in PH next year


The Philippine unit of Japanese car maker Toyota Motor Corp. said it will begin local production of its next generation multipurpose vehicle inspired by the Tamaraw model next year, with the company looking to invest P4.4 billion to resurrect the iconic vehicle that first plied Philippine roads in the 1970s. 


By Alden M. Monzon

 

BSP chief: Bank reserves may be halved 'eventually'


Bangko Sentral ng Pilipinas (BSP) Gov. Eli Remolona Jr. wants to bring down the reserve requirement on banks—which at 9.5 percent is still currently higher than most peers in Southeast Asia—possibly starting later this year when consumer price risks have subsided.


By Doris Dumlao-Abadilla

 

Overcoming imposter syndrome


(Part 2) Confide in people you trust and respect, but "be strategic about who you share with," says psychologist Chris Palmer in the journal Monitor in Psychology. "Airing impostor struggles with peers can promote comparison and increase impostor phenomenon, but venting to trusted individuals... can provide a more helpful picture of your accomplishments and value."


By Queena N. Lee-Chua

 

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BIZ BUZZ

Solaire North opening countdown


Seven months. That's the time remaining that the management of Bloomberry Resorts has given itself to fully finish its Solaire Resort North project in Quezon City before its doors are opened to the public.


By Daxim L. Lucas

 

INQUIRER PLUS-EXCLUSIVE

Gov't rejected tenders for 15-year T-bonds


The national government rejected tenders for P30-billion worth of 15-year Treasury bonds amid weak appetite, with tenders totaling at only P35.3 billion, that is pushing yields higher than secondary market rates.


By Ronnel W. Domingo


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