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Gov’t won’t allow ICC to arrest Rody

April 16, 2024

President Ferdinand Marcos said he would not hand over his predecessor to the International Criminal Court (ICC) regardless of the ongoing tirades coming from former President Rodrigo Duterte. During FOCAP’s 50th Anniversary Presidential Forum, Mr. Mar...

Transport strike fails to paralyze Metro

April 16, 2024

The Metropolitan Manila Development Authority (MMDA) reported that the first day of the two-day transport strike in the National Capital Region (NCR) had minimal impact on public transportation. MMDA chairman Don Artes stated that no stranded pas...

Too many excuses on Rody-Xi secret deal—PBBM

April 16, 2024

President Ferdinand Marcos said the alleged “secret deal” between former president Rodrigo Duterte and Beijing on the West Philippine Sea has “many excuses”. The President stressed during the presidential forum of the Foreign Correspondents Association...

Pres. Marcos, sinabing maraming ‘palusot’ sa umano’y ‘secret’ deal ni ex-Pres Duterte sa China

April 16, 2024

GMA News Online / News

Pinuna ni Pangulong Ferdinand "Bongbong" Marcos Jr. nitong Lunes ang magkakaiba umanong pahayag ng kampo ni dating Pangulong Rodrigo Duterte tungkol sa sinasabing "secret" agreement na pinasok ng dating administrasyon sa China.

PH worries over Iran, Israel conflict

April 16, 2024

Rey E. Requejo & Maricel Cruz

The Department of Foreign Affairs (DFA) said the Philippines has expressed concern over developments in the Middle East as Iran launched a retaliatory attack on Israel amid the latter’s ongoing war with Hamas militants in Gaza. The DFA on Monday also u...

‘No oil price surge amid tensions’

April 16, 2024

Alena Mae S. Flores

The Department of Energy (DOE) does not expect a spike in domestic fuel prices in the wake of the worsening conflict between Iran and Israel, but continues to monitor developments in the world oil market. “While the market may initially have reac...

Remittances rise, but savings static—BSP

April 16, 2024

Cai U. Ordinario

REMITTANCES sent home by overseas Filipinos abroad continued to increase in February 2024 but their savings and investments remained at pandemic levels, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).

PHL ‘seriously concerned’ over Israel-Iran conflict

April 16, 2024

Malou Talosig-Bartolome

THE Philippines joined the international community on Monday in voicing its apprehension over the increasing tension between Israel and Iran.

BIR expects to hit P198-B goal from net income tax

April 16, 2024

Reine Juvierre Alberto

INTERNAL Revenue Commissioner Romeo D. Lumagui Jr. expressed confidence that the Bureau of Internal Revenue (BIR) will hit its target of raising the P198 billion from taxes on net income and profit to be collected this month on the back of strict enfo...

#ANONGBALITA ‘I felt bad for your butt’, Macron tells French diver

April 16, 2024

PARIS—French President Emmanuel Macron on Monday praised the diver who embarrassingly crashed into the water in front of the head of state during the inauguration of the Olympic pool, while quipping that he “felt bad for your butt.” Alexis Jandard, a t...

Online businesses press BIR for more time

April 16, 2024

Reine Juvierre Alberto

THE Bureau of Internal Revenue (BIR) is keen on extending the deadline for the registration and submission of a Sworn Declaration of Gross Remittance for online sellers for another 90 days to avoid the automatic deduction of 1-percent withholding tax ...

Q1 government borrowings cleared by MB dip 48% to $2.87B

April 16, 2024

Cai U. Ordinario

FOREIGN borrowings approved by the Monetary Board declined 48 percent in the first quarter of 2024, according to the Bangko Sentral ng Pilipinas (BSP).

Transport groups say strike worked; government disputes claim

April 16, 2024

Lorenz S. Marasigan and Claudeth Mocon-Ciriaco

TRANSPORT groups Piston and Manibela claimed on Monday they brought the streets of Metro Manila and the Southern Tagalog Region to a standstill in their protest against the Public Utility Vehicle Modernization Program (PUVMP), but the government dispu...

#ANONGBALITA Chavit doubles reward for traffic enforcers to P200k

April 16, 2024

Manila Standard

Former Ilocos Sur Governor Luis Singson doubled his reward to the traffic enforcers who flagged his convoy down for unauthorized use of the EDSA Busway Monday last week. Singson visited the headquarters of the Metropolitan Manila Development Authority ...

Wholesale rice prices soar 31.2% in March, PSA reports

April 16, 2024

Cai U. Ordinario

WHOLESALE rice prices jumped 31.2 percent in March 2024, according to the latest data released by the Philippine Statistics Authority (PSA).

DOT rewards 15 LGUs for top tourism projects

April 16, 2024

Ma. Stella F. Arnaldo

LOCAL government units (LGUs) in Nueva Vizcaya, Bohol, and Basilan were the top prizewinners of the inaugural Tourism Champions Challenge (TCC) of the Department of Tourism (DOT).

PBBM: PHL closely watching US presidential race

April 16, 2024

Samuel Medenilla

President Ferdinand R. Marcos, Jr. said the country will closely watch the outcome of the upcoming United States (US) polls to determine how it will affect Manila-Washington relations.

Amid deeper ties with US, PBBM won’t allow more sites for Edca

April 16, 2024

Samuel Medenilla

DESPITE the “deepening” Philippines-US defense and military ties, President Ferdinand R. Marcos, Jr. said he will not grant American troops access to more local military bases under the Enhanced Defense Cooperation Agreement (Edca).

Pres. Marcos, tinawag na ‘it’s complicated’ ang relasyon niya sa pamilya Duterte; pero Ok sila ni VP Sara

April 16, 2024

GMA News Online / News

Inilarawan ni Pangulong Ferdinand "Bongbong" Marcos Jr. na "it's complicated," ang relasyon niya sa pamilya Duterte, sa harap na rin ng mga puna at batikos sa kaniya ni dating Pangulong Rodrigo Duterte.

Shakey’s 2023 income grows 23%

April 16, 2024

Shakey’s Pizza Asia Ventures Inc., an operator of fast casual restaurant in the Philippines, said its net income last year expanded by 23 percent to P1.08 billion from the previous year’s P874.4 million, on higher sales.

Making financial literacy inclusive for all

April 16, 2024

Janice Sabitsana

EVERY decision you make, from how you budget your paycheck to where you invest your savings, shapes your financial well-being. Yet, for many, navigating the intricate world of personal finance remains a daunting task. From government employees to stay...

Marcos still probing ‘secret’ deal on SCS

April 16, 2024

Samuel Medenilla

PRESIDENT Ferdinand R. Marcos Jr. said he is ready to take action on the “secret agreement” entered into by the previous administration with China concerning the South China Sea (SCS).

PHL power supply made resilient with USAID initiative–Pres. BBM

April 16, 2024

Samuel Medenilla

PRESIDENT Ferdinand R. Marcos Jr. said the country’s power supply is set to become more resilient during natural calamities with the launch of the two components of the $34-million “Energy Secure Philippines” initiative of the United States Agency for...

The Reading Mind

April 16, 2024

Henry J. Schumacher

I’ve always loved reading. Novels, history books, magazines, and newspapers of course (4 newspapers are delivered to me at 8 am daily—and I love it!) Reading has shaped the way I think and see the world in ways I cannot even fathom.

SC holds consultations for proposed ULAS rules for lawyers’ pro bono services

April 16, 2024

Joel R. San Juan

The Supreme Court (SC) has started its regional consultations on the proposed new legal aid program that would require lawyers to render at least 60 hours of pro bono legal aid services to indigent Filipinos.

Holcim to invest in waste collection facilities

April 16, 2024

Andrea E. San Juan

Holcim Philippines said it is allotting some P2 billion for segregation and waste collection facilities and solar projects in the next three years.

CREC secures financing from RCBC

April 16, 2024

Citicore Renewable Energy Corp. (CREC) and Rizal Commercial Banking Corp. (RCBC) sealed a financing deal worth P20 billion to help CREC achieve its goal of having one gigawatt (GW) of solar energy capacity this year.

Affordable housing unit lifts net income of CPG in 2023

April 16, 2024

Century Properties Group Inc. (CPG) said its net income last year jumped to a 10-year high and surpassed the level recorded prior to the pandemic mainly due to the strong performance of its affordable housing brand.

ICTSI gets PPA nod to begin operations of port in Iloilo

April 16, 2024

Lorenz S. Marasigan

The Philippine Ports Authority (PPA) has issued the notice to proceed to International Container Terminal Services Inc. (ICTSI) for the development and operations of the Iloilo Commercial Port Complex (ICPC), which has been renamed to Visayas Containe...

First Gen: CNOOC bags LNG contract

April 16, 2024

Lopez-owned First Gen Corp. (FGen) said Monday it awarded the contract for the second shipment of the company’s liquefied natural gas (LNG) supply requirement to CNOOC Gas and Power Trading & Marketing Limited (CNOOC).

NGCP, Alternergy unit ink ICA for Tanay project

April 16, 2024

Alternergy Holdings Corp.’s (Alternergy) subsidiary, Alternergy Tanay Wind Corp. (ATWC), and the National Grid Corporation of the Philippines (NGCP) have signed the interconnection agreement (ICA) for the 100-megawatt (MW) Tanay wind power project in ...

Editorial Cartoon April 16, 2024

April 16, 2024

BusinessMirror Editorial

Image credits: Paul Eric Roca

Flagged down for Edsa bus lane breach, Chavit gives P200K ‘donation’ to MMDA

April 16, 2024

Claudeth Mocon-Ciriaco

THE Metropolitan Manila Development Authority (MMDA) said it received a “donation” of P200,000 from former Ilocos Sur Governor Luis “Chavit” Singson.

Examining PHL’s job creation efforts and forging a path forward

April 16, 2024

BusinessMirror Editorial

The country’s recent employment data has sparked both optimism and concern among citizens. While the numbers indicate some improvement, it is clear that the pace of job creation is falling short of expectations. Despite the modest increase in the numb...

The wave is coming

April 16, 2024

Three weeks from now two events will take place. They are not connected but it is interesting. Vladimir Putin’s next presidential inauguration is set for May 7, 2024. In addition, there will be another minor peak in Wave 935 of the Economic Confidence...

CWT refund or carry-over?

April 16, 2024

Atty. Irwin C. Nidea Jr.

For most taxpayers, the deadline for filing the Annual Income Tax Returns (AITR) was yesterday (April 15). It is at this moment that a decision to either refund or carry over the excess withholding tax credits must be made. The Supreme Court in one ca...

Duterte warns Marcos Jr. anew to set aside ‘ambition’ to stay in power

April 16, 2024

TAGUM CITY, Davao del Norte – Former President Rodrigo R. Duterte threw broadsides anew at his successor, advising him to cast aside an alleged ambition to prolong the stay of the Marcoses in power. This, Duterte said, would spare President Ferdinand ...

Herbosa to seek DBM assistance to upgrade HPV vaccination budget

April 16, 2024

To eliminate cervical cancer in the country, Department of Health Secretary Teodoro “Ted” J. Herbosa says that the government needs to expand its immunization program to accommodate vaccination against the human papillomavirus (HPV) among all pre-pube...