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Each and every fiber in EJ’s muscles counts

December 30, 2023

CHRISTMAS and New Year are no days off for Paris Olympics-bound Ernest John “EJ” Obiena who’s currently in Dubai for an important pre-season training under the watchful eyes of long-time coach and confidante Jim Lafferty.

Net Asset Value Per Share (NAVPS) Performance (as of December 29, 2023)

December 29, 2023

Business

Philippine Investment Funds Association

icap122923-for-Business-Mirror

November budget gap down 24.75% to ₱93.3 billion–BTR

December 29, 2023

Business

Jasper Y. Arcalas

THE state’s budget deficit in November declined by almost a quarter on an annual basis to P93.3 billion on the back of better revenue collection amid lower public spending, according to the Bureau of the Treasury (BTr).

PUJ bloc gets no immediate relief vs. Dec. 31 deadline

December 29, 2023

Business

Joel R. San Juan

PUBLIC utility jeepney (PUJ) operators and transport groups have failed to get immediate relief from the Supreme Court against the December 31 deadline imposed by the government for the full implementation of the Public Utility Vehicle Moderniza...

DOTr eyeing Feb. 15 for ₱171-B Naia deal award

December 29, 2023

Business

Lorenz S. Marasigan

THE Department of Transportation (DOTr) aims to award the P170.6-billion Naia Privatization deal by February 15, according to a ranking government official.

Fil-Chinese biz honors Ms. Universe PHL Dee

December 29, 2023

Business

Rizal Raoul Reyes

THE Federation of Filipino-Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) sees the accomplishments of Ms. Universe Philippines 2023 Michelle Daniela Dee as a powerful tool to inspire the Filipino-Chinese community and a larger Philippine so...

PHL voters moving toward neutrality–PAHAYAG poll

December 29, 2023

Business

Butch Fernandez

THE Philippine electorate is moving towards political neutrality, as gleaned from the results of the PAHAYAG End of Year (P-EOY2023) Survey, which shed light on the evolving political sentiments in the Philippines.

After drawing flak, Neda insists lower food tariffs help Filipinos

December 29, 2023

Business

Jasper Emmanuel Y. Arcalas

THE National Economic and Development Authority (Neda) on Thursday maintained that lower tariff rates benefit Filipino consumers, citing lower inflation rates for meat and other commodities this year.

SWS poll: Just 3% of Pinoys will welcome new year with fear

December 29, 2023

Business

Jasper Y. Arcalas

THE number of Filipinos who will enter the coming new year with fear is down to just 3 percent, the lowest on record, according to Social Weather Station’s (SWS) latest national survey.

Firecrackers and fireworks harmful to pets, too–groups

December 29, 2023

Business

Jonathan L. Mayuga

Aside from causing air and noise pollution and threatening life and limb, loud firecracker explosions during the New Year Eve revelry traumatize your beloved cats and dogs.

200 ‘mujahideen scholars’ complete tech-voc courses

December 29, 2023

Business

Manuel Cayon

DAVAO CITY—The Bangsamoro technical skills agency graduated last week 200 former fighters of both Moro Islamic Liberation Front (MILF) and Moro National Liberation Front (MNLF) to help the former combatants adapt to the mainstream society.

DOH-Davao aims to activate HIV treatment center in every province

December 29, 2023

Business

Manuel Cayon

DAVAO CITY—The Department of Health (DOH) regional office here said it would be putting up a treatment facility for Human Immunodeficiency Virus (HIV) in each province in the Davao Region, a Philippine Information Agency news dispatch said.

PBBM upgrades two state colleges, adds five new medicine programs

December 29, 2023

Business

Patrick Miguel

President Ferdinand R. Marcos Jr. signed into law seven legislative measures directed to improve seven higher education institutions (HEI) in different provinces in the Philippines.

PPA chief vows port improvements as PHL bounces back on global cruise tourism map

December 29, 2023

Business

Lorenz S. Marasigan

After a challenging period caused by the pandemic, the Philippines is back on the international cruise tourism map, according to the Philippine Ports Authority (PPA).

LGUs reminded to strictly enforce ordinances vs harmful firecrackers

December 29, 2023

Business

Rex Anthony Naval and Claudeth Mocon-Ciriaco

With the New Year’s Eve revelry just a few days, Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos on Wednesday urged all local government units (LGU) to strictly enforce their ordinances concerning the use of harmf...

Public told: Watch out for falling debris from China space rocket

December 29, 2023

Business

Jonathan L. Mayuga

The Philippine Space Agency (PhilSA) confirmed the launch of the Long March 3B rocket of the People’s Republic of China and advised the public about potential risks it may incur to ships, fishing boats, and other vessels that will pass through Rozul R...

AFP chief Brawner among ‘Gawad Pilipino’ awardees

December 29, 2023

Business

Rex Anthony Naval

Armed Forces of the Philippines (AFP) chief Gen. Romeo Brawner Jr. was lauded for his “exceptional sense of bravery, love, and service” to the country and people and hailed as one of the Heroes of the Year awardee in the 2023 “Gawad Pilipino” held at ...

PNB donates repurposed PCs to Cavite State University

December 29, 2023

Business

BusinessMirror

ALIGNED with its thrust in corporate social responsibility to help students gain access to a quality learning environment, the Philippine National Bank (PSE: PNB) turned over computer units to Cavite State University last December 1, the lender announ...

Feed your focus

December 29, 2023

Business

Octavio Peralta

HAPPY New Year! As we usher in 2024, the phrase “feed your focus” seems like a timely theme for this post. I thought this could be useful for associations to start the new year.

Pru Life UK Nbape rises 15.8% YOY in third quarter

December 29, 2023

Business

Jasper Emmanuel Y. Arcalas

THE Pru Life Insurance Corp. of U.K. (Pru Life UK) announced that the payment it received for new policies in the third quarter rose by 15.8 percent year-on-year to nearly P8 billion; owing to “innovative” products.

BOC hunts tankers it linked to smugglers

December 29, 2023

Business

Jasper Y. Arcalas

THE Bureau of Customs (BOC) announced last Thursday it hasn’t found the four tankers the agency links to smugglers of hundreds of thousands of unmarked fuel in Bataan.

Investment inflow outpaces gross outflow

December 29, 2023

Business

Jasper Emmanuel Y. Arcalas

THE Philippines posted a $672.86-million net inflow of foreign investments registered with the central bank through authorized agent banks (AABs) in November—snapping two months of consecutive net outflows—as gross inflows outpaced outflows.

Figaro opens coffee shop with Kitchen City in WTC

December 29, 2023

Business

VG Cabuag

PUBLICLY-LISTED restaurant operator Figaro Coffee Group Inc (FGC). and Kitchen City have just opened a joint coffee chain at the World Trade Center (WTC) in Pasay.

Globe Telecom paints ‘rosy’ outlook for 2024

December 29, 2023

Business

Lorenz S. Marasigan

PROJECTIONS point to positives for the Globe Group in 2024, as it cited on Thursday key developments in its data-center operations and the introduction of its electric vehicle (EV) subsidiary.

SM stimulates Laguna’s economic progress with latest mall opening

December 29, 2023

Business

VG Cabuag

SM Prime Holdings Inc. said it is spurring Laguna’s economic growth with the mall operator’s recent expansion in local communities.

Mreit moves acquisition closing date of Megaworld properties to May 2024

December 29, 2023

Business

VG Cabuag

PROPERTY developer Megaworld Corp’s. real estate investment trust Mreit Inc. has extended the closing date of its acquisition of its sponsor’s seven assets to next May, exactly a year when it signed a memorandum of understanding (MOU).

ACEN investments to top ₱12B for subsidiaries all over PHL

December 29, 2023

Business

Lorenz S. Marasigan

THE Ayala Group’s renewable energy (RE) arm ACEN Corp. is injecting some P12.87 billion in six different subsidiaries to fund power projects across the Philippines.

Cebu Pacific cited for ‘exemplary support’ in national government’s relief efforts

December 29, 2023

Business

BusinessMirror

CEBU PACIFIC (PSE: CEB) was recognized by the Department of Social Welfare and Development (DSWD) for its significant contribution in providing logistical support during calamities and disasters).

Editorial Cartoon December 29, 2023

December 29, 2023

Business

BusinessMirror Editorial

Image credits: Jimbo Albano

How govt can empower tomorrow’s workforce

December 29, 2023

Business

BusinessMirror Editorial

German companies operating in the Philippines have the highest optimism in terms of business and hiring outlook for 2024 compared to their peers in other Southeast Asian countries, according to the German-Philippine Chamber of Commerce and Industry (G...

A healthy nutrition system

December 29, 2023

Business

Dr. Alvin P. Ang

I faced a health challenge this year that required me to significantly modify my diet. After presenting my options, the doctor recommended that I see a nutritionist specializing in my condition. We had a difficult time getting an appointment with this...

Co joins bidding for NAIA operation

December 27, 2023

Business

Jenniffer B. Austria

Retail tycoon Lucio Co is joining the P170.6-billion bidding to rehabilitate, optimize and maintain the Ninoy Aquino International Airport (NAIA). Cosco Capital Inc., the listed holding firm of Co, said in a disclosure to the stock exchange it would join a consortium that would participate in the government’s plan to bid out the NAIA’s rehabilitation […]
The post Co joins bidding for NAIA operation appeared first on Manila Standard.

Noveleta LGU bags Seal of Good Local Governance Award 2023

December 26, 2023

Business

BMPlus

The Municipality of Noveleta under the leadership of Mayor Dino Reyes-Chua, bagged the 2023 Seal of Good Local Governance (SGLG) Award given by the Department of Interior and Local Government (DILG).

Learning Hub equips QC community with free Internet access and digital tools

December 26, 2023

Business

BMPlus

In line with its commitment to make digital services accessible for Filipinos and to help uplift lives across the country, PLDT Home, together with Zone V Camera Club and the Virlanie Foundation, launched The Learning Hub in Barangay Bagong Silangan, ...

Christmas comes early to cacao land

December 25, 2023

Business

Manuel Cayon

Davao region farmers cement their slot among the world’s best cacao producers, making the South
the country’s chocolate paradise.

CA junks damage suit filed by Sobrepeña vs BI officials who offloaded him in 2013

December 25, 2023

Business

Joel R. San Juan

THE Court of Appeals (CA) has affirmed the ruling issued by a Pasig City court which junked the civil damages suit filed by businessman Robert Sobrepeña against several Bureau of Immigration (BI) officials who were resp...

Lacson: Nonveto of ₱450-billion unprogrammed fund hike in 2024 budget sets bad precedent’

December 25, 2023

Business

Butch Fernandez

SEN. Panfilo Lacson said Friday the non-veto of a controversial P450 billion item tucked in additional “Unprogrammed Appropriations” in the 2024 budget could set a “bad precedent,” as he aired concerns over its impact on efforts to keep the ...