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.
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...
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.
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.
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...
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.
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.
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...
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.
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).
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).
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).
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...
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.
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).
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.
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.
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).
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.
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 ...
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.
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.
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...
It’s been 126 years already since Gen. Emilio Aguinaldo declared the end of Spain’s three-century rule in the country in Kawit, Cavite, the reason we have been commemorating our Independence Day every 12th of June.
Investing in human capital is a set of words that may not appeal to young economics students. It does not immediately equate to prices, gross domestic product and other fundamental concepts of economics. Yet, human capital is one factor as important a...
TWO years after the enactment into law of the Excellence in Teacher Education Act, the Philippine Business for Education (PBEd) said the government has failed to set up the Teacher Education Council (TEC).
Amaia Steps Pasig recently held the topping off ceremony of the Clara Building, its fourth residential mid-rise in the complex, bringing the contemporary development closer to aspiring condo dwellers looking to settle down in the heart of Pasig City.
Union Bank of the Philippines (UBP) said Friday it raised P10 billion in fresh capital from a stock rights offering (SRO). UBP said in a stock exchange filing the offering of 327.12 million common shares at P30.57 per share was fully subscribed on robu...
TOYOTA Financial Services Philippines (TFSPH) solidified its position as a leader in innovation and efficiency by clinching the top spot in the Annual Global Kaizen Event of Toyota Sales Finance Companies around the world. TFSPH emerged victorious in ...
THE Philippines’ economic growth could settle within the lower end of the national government’s target of 6 to 7 percent this year, according to the Department of Finance (DOF).
THE Intellectual Property Office of the Philippines (IPOPHL) said it has issued its first site-blocking request against 11 sites under the YTS brand, one of the top piracy websites in the world.