UK’s First Carrier Continues Long Deployment in South China Sea

HMS Queen Elizabeth (second carrier from the right) flanked by JS Ise, USS Ronald Reagan and USS Carl Vinson, October 3, Philippine Sea (USN) Published Oct 12, 2021 2:15 PM by The Maritime Executive The Royal Navy is leading a multi-national, long-distance carrier deployment in the contested waters of South Sea China – the first of its kind for the UK in decades.  This week, the carrier HMS Queen Elizabeth was joined by the Dutch frigate HNLMS Evertsen in Singapore as part of the UK Carrier Strike Group exercise in the…

BSP may lower thrift banks’ liquidity ratio – Manila Bulletin

The central bank is reviewing the possible reduction of thrift banks’ minimum liquidity ratio (MLR) of 16 percent to 14 percent. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said on Tuesday, Oct. 12, that they are looking into the relaxation of thrift banks’ MLR which is a liquidity buffer. BSP Governor Benjamin E. Diokno Thrift banks are requesting for a lower MLR of 14 percent, however, the current ratio of 16 percent is only up to December 31, 2021. Unless extended by the BSP or the appeal for…