News: Congress urged to probe nat'l ID fiasco

Wednesday, September 4, 2024

Congress urged to probe nat'l ID fiasco

September 5, 2024

ACCOUNTBILITY

A "thorough" probe into the national identification card fiasco is needed to identify the "failures" that led to the debacle and hold accountable those responsible for the mess, public advocacy organization Foundation for Economic Freedom (FEF) said on Wednesday.

By Ian Nicolas P. Cigaral

POLICY

It's official: Querubin joins Monetary Board

Veteran banker Jose "Jojo" Querubin is the newest member of the Monetary Board (MB), completing the policy-making body of the Bangko Sentral ng Pilipinas (BSP) at an important time for the economy. BSP Governor Eli Remolona Jr. confirmed to Inquirer that Querubin would take his oath of office on Thursday morning, just in time for the regular meeting of the seven-member MB

By Ian Nicolas P. Cigaral

CONSTRUCTION

Herbert Consunji spearheading Cemex PH come Nov.

The Consunji group is set to close its acquisition of Cemex Philippines (CHP) by the end of November, with DMCI Holdings Inc. chief financial officer Herbert Consunji taking the helm.

By Meg J. Adonis

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BIZ BUZZ

SM out to encash some gold

The rumor mill has been aggressively running to keep tabs on the Tampakan mining project -- Southeast Asia's biggest untapped gold-copper reserve -- and we've got news. A reliable source familiar with the matter confirmed that the Sy family, which owns the majority of the mine in South Cotabato province, is intend in talks to sell "part of their shares" to other investors.

By Meg J. Adonis

INQUIRER PLUS-EXCLUSIVE

Asian markets plunge with Wall St after Nvidia rout, weak US data

HONG KONG—Tech firms led a plunge across Asian markets on Wednesday after a rout on Wall Street fueled by a collapse in chip titan Nvidia and disappointing data on US factory activity that revived recession fears.

By AFP

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