Ateneo de Davao Electronics Engineers Passers

Congratulations to our new Electronics Engineers. Out of the 2,644 takers, 6 of our alumni passed the October 2022 Electronics Engineer Licensure Examination!

Engr. Nil Marc Badilles

Engr. Martin Benjamin Bonleon

Engr. Rafael Angelo Buensuceso

Engr. Edrian Cedrick De Leon

Engr. Trazon Guda III

Engr. Jayson James Pedrajas

AdDU Passing Rate: 6/12 (50.00%)

National Passing Rate: 785/2,644 (29.69%)

Kudos to Engr. Martin Benjamin Bonleon for ranking 6th in the Electronics Engineer Licensure Examination and 3rd in the Electronics Technician Licensure Examination.

Congratulations as well to the faculty and staff of the Electronics Engineering Department headed by Dr. Jenith L. Banluta

Your AdDU School of Engineering and Architecture is proud of you! 

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Foreign Borrowing of the Philippines

Monetary Board Approved US$178.10 Million Foreign Borrowing of the Public Sector in Q3 2022

For the period July to September 2022, the Monetary Board (MB) approved one (1) public sector foreign borrowing of US$178.10 million. This is 96 percent lower than the borrowings approved in the same period in 2021 amounting to US$4.66 billion and 95 percent lower than the approvals in the second quarter of 2022 amounting to US$3.54 billion. This borrowing of the Republic of the Philippines will fund the National Government's (NG) multisectoral nutrition project.

Under Section 20, Article VII of the 1987 Constitution of the Republic of the Philippines, prior approval of the Bangko Sentral ng Pilipinas (BSP), through its MB, is required for all foreign loans to be contracted or guaranteed by the Republic of the Philippines. Similarly, Letter of Instructions No. 158 dated 21 January 1974 requires all foreign borrowing proposals by the NG, government agencies and government financial institutions to be submitted for approval-in-principle by the MB before commencement of actual negotiations. The BSP promotes the judicious use of the resources and ensures that external debt requirements are at manageable levels, to support external debt sustainability.