PinoyFeeds

Samuel P. Medenilla

STRONG economic fundamentals, the soon-to-be implemented Maharlika Investment Fund (MIF), and a thriving tech ecosystem headlined President Ferdinand R. Marcos Jr. call for new investments during the 10th Asia Summit of the Milken Institute in Singapo...

House wraps up hearings on P5.77-T budget

September 13, 2023

LEADERS of the House of Representatives assured the public on Wednesday that there will be no reenacted budget next year as the House Committee on Appropriations ended its deliberations for the proposed P5.768-trillion 2024 national budget on time.

PHL, India eye possible joint oil, gas exploration

September 13, 2023

Malou Talosig-Bartolome

MARITIME and academic experts from India have suggested that Manila and New Delhi explore possible joint oil and gas exploration offshore, possibly in the West Philippine Sea.

PHL to publish new map showing WPS, Benham Rise–NSC

September 13, 2023

Malou Talosig-Bartolome

HAVE you noticed that the Philippine maps sold in bookstores or published in government websites do not indicate the West Philippine Sea and Philippine Rise?

80% of Tesda graduates get jobs but pay low

September 13, 2023

Butch Fernandez

EIGHT out of 10 Tesda graduates are employed, but most of them earn below minimum wage, drawing concern from a senator who once headed the Technical Education and Skills Development Authority.

ADB OKs $303-M PHL infra loan vs floods, climate risks

September 13, 2023

Andrea E. San Juan

THE Asian Development Bank (ADB) said Wednesday it has approved a $303-million loan for an infrastructure project that is expected to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines.

DA Livestock Usec: subsidy possible, but first, vaccines vs ASF must hurdle trials

September 13, 2023

Reine Juvierre S. Alberto

THE Philippine government is mulling over subsidizing the commercial rollout of African swine fever (ASF) vaccine in the future—assuming those under trial are proven effective, a high-ranking agriculture official said.

DOE targets interested MSPs in government’s electrification drive

September 13, 2023

Lenie Lectura

In a bid to accelerate the government’s electrification program, the Department of Energy (DOE) is now crafting the best way to auction unserved areas to interested microgrid system providers (MSPs).

Enhanced law enforcement is key to combat online fraud, says GlobeTel official

September 12, 2023

SUBSCRIBERS Identity Module registration establishes only the ownership of the SIM cards for purposes of readily determining accountability when electronic fraudsters use them to commit cybercrimes.

Richmonde Hotel Ortigas’ Pre-Holiday Sale offers affordable deals

September 11, 2023

As September marks the beginning of the Christmas season in the Philippines, Richmonde Hotel Ortigas welcomes the –Ber months with a “Pre-Holiday Sale” where those who want to get a head start on their holiday plans can get big savings on room stays a...

Bong Go condemns continued Chinese harassment in Ayungin Shoal

September 11, 2023

BusinessMirror

Senator Christopher “Bong” Go, Vice Chairperson of the Senate National Defense Committee, criticized the series of reported harassments by China, further escalating tensions, particularly in the disputed waters of Ayungin Shoal. He pointed...

Fil-Am assemblymember in NY Steven Raga honors 9/11 heroes at Maspeth Memorial Park Ceremony

September 11, 2023

Troi Santos

MASPETH, NEW YORK – On the solemn day of September 9, 2023, New York State District 30 Assemblymember Steven Raga stood in solidarity with the Maspeth community in a poignant ceremony held at Maspeth Memorial Park, a hallowed ground nestled at t...

Wellex Industries, Inc. issues Notice of Annual Stockholders’ Meeting

September 11, 2023

Forum Pacific, Inc. issues Notice of Annual Stockholders’ Meeting

September 11, 2023

Cleanfuel to implement price adjustment for gasoline, diesel

September 11, 2023

Cleanfuel will implement price adjustment, effective Tuesday, September 12, 2023 at 4:01PM.

House opens plenary deliberations on MUP pension reform bill

September 11, 2023

The House of Representatives on Monday opened plenary deliberations on House Bill 8969, or the proposed Military and Uniformed Personnel (MUP) Pension System Act–a priority bill of the Marcos administration.

DepEd denies ‘political pressure’ over alteration of Araling Panlipuan subject

September 11, 2023

Claudeth Mocon-Ciriaco

Department of Education (DepEd) Bureau of Curriculum Development Director Jocelyn Andaya on Monday denied any “political pressure” over the move to change the term “Diktadurang Marcos” to “Diktadura” in the Araling Panlipunang ...

PHL, Aussie troops conclude ‘Exercise Carabaroo 2023’

September 11, 2023

Rex Anthony Naval

Philippine Army (PA) and Australian Army troops on September 8 formally concluded the three-week “Exercise Carabaroo” that enhanced participating units’ interoperability in multination combined arms teams.

Lahaina’s fire-stricken Filipino residents are key to tourism and local culture. Will they stay?

September 11, 2023

Jennifer Sinco Kelleher / The Associated Press

LAHAINA, Hawaii — Ambulance and fire truck sirens wailed outside as Elsie Rosales stripped linens from king-sized mattresses at a beachfront resort in Lahaina.

Asiad athletics bid, PBA Esports Bakbakan tackled in PSA Forum

September 11, 2023

BusinessMirror

THE campaign of the national athletics in the 19th Asian Games and Season 2 of the Philippine Basketball Association (PBA) Esports Bakbakan will be discussed in the Philippine Sportswriters Association (PSA) Forum which resumes Tuesday.

Veteran Portuguese rider Rui Costa wins Vuelta 15th stage as American Sepp Kuss retains overall lead

September 11, 2023

LEKUNBERRI, Spain—Portuguese veteran Rui Costa sprinted to victory in the 15th stage of the Spanish Vuelta, while American Sepp Kuss retained the overall lead of the three-week race on Sunday.

Djokovic celebrates No. 24 with tribute to Kobe Bryant, who wore the number and became a friend

September 11, 2023

NEW YORK—Novak Djokovic couldn’t think about No. 24 without thinking of Kobe Bryant.

US Open champ Coco Gauff wants to get better and win more major titles—don’t doubt her

September 11, 2023

Howard Fedrich / The Associated Press

NEW YORK—Now that Coco Gauff is a Grand Slam champion, she’s ready for stardom.

Dabrowski and Routliffe win US Open women’s doubles, beating 2020 champs Siegemund and Zvonareva

September 11, 2023

NEW YORK—Gabriela Dabrowski and Erin Routliffe won the US Open women’s doubles title in just their fourth tournament together, beating 2020 champions Laura Siegemund and Vera Zvonareva 7-6 (9), 6-3 on Sunday.

Diede de Groot wins US Open women’s wheelchair for her 12th straight Grand Slam title

September 11, 2023

NEW YORK—Diede de Groot won her 12th straight Grand Slam wheelchair singles title Sunday, beating Yui Kamiji, 6-2, 6-2, in the US Open women’s final.

Rugby World Cup promises to improve access to Marseille stadium after fans stuck outside

September 11, 2023

PARIS—Rugby World Cup organizers will take steps to improve access to Marseille’s Stade Velodrome after numerous fans missed the start of England’s match against Argentina on Saturday night.

Rubiales resigns as Spain’s soccer president 3 weeks after kissing player at Women’s World Cup final

September 11, 2023

BARCELONA, Spain—Luis Rubiales, the suspended head of the Spanish soccer federation, finally folded under immense pressure Sunday and resigned three weeks after his kiss of a player on the lips overshadowed Spain’s first-ever Women’s World Cup ti...

Net Asset Value Per Share (NAVPS) Performance (as of September 11, 2023)

September 11, 2023

Philippine Investment Funds Association

icap091123-for-Business-Mirror

Department of Finance wants zero tariff on rice to ease prices

September 10, 2023

Jasper Y. Arcalas

THE Department of Finance (DOF) is pushing for the reduction of rice tariffs to as low as zero percent to cushion the impact of rising world market rice prices and temper the increase of the price of the staple locally.

Lowest-paid Pinoys belong to poorest classes–PSA

September 10, 2023

Cai U. Ordinario

Low-paid workers in the Philippines, including those in agriculture and fishery sectors, face economic challenges as their average daily basic pay remains below the poverty threshold. According to the Philippine Statistics Authority, skilled agricultur...

Asian tourism recovery seen slowing down in H2

September 10, 2023

Ma. Stella F. Arnaldo

Tourism recovery in Asia may slow in the second half of the year due to moderating arrivals from major markets. Oxford Economics projects economic growth to sputter, citing factors like pent-up demand waning and consumer spending moderation. While Chin...

House vows to curb price spikes amid better ratings

September 10, 2023

The House of Representatives is committed to fighting inflation and ensuring affordable basic goods for Filipinos. Speaker Ferdinand Martin G. Romualdez expressed the chamber's dedication to supporting the prosperity agenda of President Ferdinand Marco...

Solons press Executive to restore state universities and colleges’ budget cuts

September 10, 2023

AS 30 out of 117 state universities and colleges (SUCs) in the Philippines are set to receive less funding for 2024, lawmakers appealed to the national government to give students the chance to have a free state university education.

BOI investment approvals at P720B as of end-august

September 10, 2023

Andrea E. San Juan

THE Board of Investments (BOI) is close to hitting the P729-billion mark of investment approvals recorded in 2022 as it has approved P720 billion worth of investment projects as of August 2023.

Zubiri vows bigger intel funds for WPS defenders

September 10, 2023

Butch Fernandez

AMID the controversy on the granting of big confidential and intel funds to civilian agencies, the Senate vowed to push for higher intelligence funds for the “defenders of Philippine sovereignty in the West Philippine Sea (WPS), the Philippine Coast G...

Bong Go aids poor students in Puerto Princesa City

September 10, 2023

BusinessMirror

SENATOR Christopher “Bong” Go stressed the need to address mental health concerns of Filipino youth as he pushed passage pf Senate Bill No. 1786, which seeks to mandate public higher education institutions (HEIs) to establish Mental Health Offices in ...

Govt asked to address various issues in health, public works

September 10, 2023