Business
Palawan declares bloggers Rendon, Rosmar persona non grata
June 18, 2024
THE Provincial Board of Palawan has declared social media influencers Rosmar Tan and Rendon Labrador “persona non grata” for bullying an employee in Coron town last week.
Extradition trial of Teves ends, Timor court expected to issue ruling this month
June 18, 2024
THE Timor-Leste’s Court of Appeals has wrapped up its proceedings on the request of the Philippine government to extradite expelled Negros Oriental congressman and designated terrorist Arnolfo “Arnie” Teves Jr. back to the country to face trial for se...
DOJ files criminal raps vs man caught selling explicit images, videos of minors
June 18, 2024
THE Department of Justice (DOJ) has filed criminal charges against an individual who was caught selling explicit images and videos of minors online.
Guo pleads for ‘extensive, fair’ probe
June 18, 2024
SUSPENDED Mayor Alice L. Guo of Bamban, Tarlac, has called on Malacañang for an “extensive and fair” investigation on her alleged direct involvement in Philippine Offshore Gaming Operators (Pogo) and illegal activities.
LNG seen as cleaner transition fuel
June 18, 2024
GOVERNMENT leaders and policy experts on Tuesday urged industry stakeholders to work closely to jumpstart the LNG (liquefied natural gas) industry, saying that the collaboration between the public and private sectors are crucial in ensuring energy sec...
DHSUD execs want sovereign guarantee for housing debts
June 18, 2024
PRESIDENT Marcos has ordered housing authorities to prepare a study on the proposed funding guarantee to accelerate the implementation of the government’s national housing program.
Japan needs more caregivers from PHL
June 18, 2024
SPEAKER Martin G. Romualdez on Tuesday said Japan is now opening its doors to more Filipino workers especially caregivers for the elderly.
Philippines, Sweden commit to make mining sustainable amid climate change impacts
June 18, 2024
THE Philippines and Sweden have agreed to work together to promote sustainable mining in support of the green transition.
CARP-covered land subject to distribution, not compromise deal–lawyer
June 18, 2024
TRACTS of land covered by the Comprehensive Agrarian Reform Program (CARP) are supposed to be acquired by the Department of Agrarian Reform and distributed to landless farmers and are not subject to compromise deals.
PHL rubber production struggles amid global shortage, rising demand
June 18, 2024
Local suppliers grappled with a shortage of rubber three years ago, when they were forced to shell out more money to fill up their requirements. The global shortage caused Philippine companies to pay 40 to 50 percent more for their rubber needs in 202...
PSA, DICT, and GCash pilot National ID eVerify integration
June 12, 2024
Initiative to boost financial inclusion, digitalization agenda of the Philippines.
Camella, a brand built on a foundation of life-long dreams
June 12, 2024
In 1977, a vision grew from a newly founded gravel and sand company, laying the foundation for what would become a leading force in the national building sector.
Cebu Pacific beefs up fleet
June 12, 2024
Budget carrier Cebu Pacific has added a new turboprop aircraft to its fleet, allowing it to boost inter-island connectivity.
Aboitiz unit ties up with MediCard
June 12, 2024
UBX Philippines Corp., the digital transformation services arm of the Aboitiz Group, has partnered with health maintenance organization (HMO) MediCard Philippines Inc. to “democratize” healthcare access through digital financial solutions.
PBBM welcomes New Zealand’s Deputy PM and Foreign Affairs Minister Winston Peters
June 12, 2024
President Ferdinand R. Marcos, Jr. said he is banking on the support of New Zealand and other small countries for the Philippines to have a bigger voice in global politics. He made the pronouncement during his meeting with New Zealand Deputy...
Pagcor chief: Banning IGLs could cause bigger problems
June 12, 2024
The Philippine Amusement and Gaming Corporation today said outlawing Internet Gaming Licensees or IGLs, previously called POGOs (Philippine Offshore Gaming Operators) could cause bigger problems since it would drive legitimate operators underground.
DOJ files trafficking charges vs 2 women
June 12, 2024
THE Department of Justice (DOJ) has filed qualified trafficking charges, a non-bailable offense, against two women who were caught allegedly offering minor girls for prostitution through the use of social media last month.
‘Teachers’ performance bonus will not be affected by EO 61′
June 12, 2024
The Teachers’ Dignity Coalition (TDC) assured teachers that the 2022 and 2023 Performance-Based Bonus (PBB) will not be affected by Executive Order (EO) 61, suspending the Results-Based Performance Management System (RBPMS) and Performance-Base...
Palace offers P100,000 reward for arrest of former Palawan governor Joel Reyes
June 12, 2024
The Presidential Anti-Organized Crime Commission (PAOCC) has posted P100,000 cash reward for anyone who can provide information leading to the arrest of former Palawan governor Joel Reyes.
Another upgrade for PHL possible–analyst
June 12, 2024
IF the Philippines continues its growth momentum, Global Source Partners believes the country may again be primed for a credit ratings upgrade.
DA told to educate fishers, farmers despite devolution
June 12, 2024
THE Department of Agriculture (DA) is looking at strategies to effectively disseminate information to farmers and fishers even as agricultural extension has been devolved to local government units (LGUs).
Double-digit growth in trade traced to base effects
June 12, 2024
DESPITE the double-digit growth in exports and imports, economists attributed the country’s latest trade performance to base effects.
PHL’s bid to exit FATF gray list for dirty money cited
June 12, 2024
THE International Monetary Fund (IMF) has recognized the efforts of the Philippine government to be delisted from the gray list of the Paris-based Financial Action Task Force’s (FATF).
Court of Appeals extends freeze on MFT assets
June 12, 2024
The Court of Appeals (CA) has extended for six months its freeze order on the bank, investment and insurance accounts of Maria Francesca Tan Group of Companies Inc. (MFT).
DUs told to defer collection of power generation costs
June 12, 2024
Power distribution firms were ordered by the Energy Regulatory Commission (ERC) to delay the collection of generation charges from their consumers, pending the final assessment of the Wholesale Electricity Spot Market (WESM) rates to be computed by th...
NGCP completes transmission projects
June 12, 2024
The National Grid Corporation of the Philippines (NGCP) said Tuesday it has completed three vital transmission projects that allowed the entry of over 12,000 megawatts (MW) of additional capacity in the country.
Campi: Strong demand lifts new car sales in January to May
June 12, 2024
Brisk demand for commercial vehicles buoyed the performance of the local automotive industry in January to May, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA).
SMC aims to grow revenues, income by double digits
June 12, 2024
Conglomerate San Miguel Corp. (SMC) is targeting to grow its revenues and operating income by double digits this year as its main businesses continue to expand.
Tides of freedom
June 12, 2024
Alya Honasan, Mawen Ong and David Huang, including scuba instructor Nori Tolibas on board the Discovery Palawan, celebrate Independence Day underwater at Tubbataha Reefs Natural Park, located 150 km southeast of Puerto Princesa City.
Everything is relative
June 12, 2024
Depending on your point of view or perspective, someone may consider something a smashing success while another person may consider the same thing an utter failure. Certain people may consider that a person who is blind in one eye a handicap and yet ...
Mixed results for auction of Treasury bonds, says BTr
June 12, 2024
Results of Tuesday’s auction of long-term Treasury bonds (T-bonds) were mixed as the national government raised only P26.225 billion due to higher bid yields caused by the further weakening of the peso.
Registration of money changer revoked–BSP
June 12, 2024
The Monetary Board has approved the cancellation of the central bank registration of Foreignex Inc. to operate as money changer or foreign exchange Dealer, according to the Bangko Sentral ng Pilipinas (BSP).
DBM releases ₱5.114 trillion of 2024 national budget as of end-May
June 12, 2024
The government has released 88.7 percent of the P5.767-trillion national budget for 2024 as of end-May to accelerate the implementation of the state’s programs and projects.
Honoring Heroes
June 12, 2024
Flags adorn the Tandang Sora National Shrine on Tuesday, June 11, 2024, in Tandang Sora, Quezon City, ahead of the celebration of the 126th Philippine Independence on June 12, 2024.
Philippines struggles to secure food supply amidst global turmoil
June 12, 2024
Shipowners from Greece to Singapore expect business to flourish, at least in the next few years, despite disruptions that could pose threats to their operations. Bloomberg reported that shipowners are bracing for prolonged earnings amid geopolitical c...