Olympic Rings are seen a the headquarters of the International Olympic Committee (IOC) in Lausanne, amid the spread of the COVID-19. (Photo by Fabrice COFFRINI / AFP) Amid the slew of cancelled sports spectacles worldwide last year, the sputtering attempts to restart in empty arenas stalled events,...
Electricity consumers will be greeted with a “Happy New Year rate hike” as they will need to pay more as subsidy to renewable energy (RE) projects via the feed-in-tariff allowance (FIT-All) line item in the electric bills that had been jacked up to P0.0983 per kilowatt hour (kwh), almost double...
Olympic-bound athletes boxer Eumir Felix Marcial, pole vaulter EJ Obiena, gymnast Carlos Yulo, boxer Irish Magno (Handout Photos) Euphoria still hasn’t subsided following the country’s overall championship victory at the 2019 Southeast Asian Games when pandemic hit the country early in 2020....
Philippine Sports Commission (PSC) chairman Butch Ramirez believes the country can still produce more than 10 qualifiers to the 2021 Tokyo Olympics despite the challenges brought by the pandemic. Ramirez’s assessment is based on the athletes’ performances over the last two years that include...
Local share prices continued to weaken due to concern over the rising number of cases of a new strain of COVID in the UK. (Photo credit: https://www.pse.com.ph) The main index shed 22.50 points or 0.31 percent to close at 7,202.39 with only the Property index rising. Volume was higher at 22.72...
The Securities and Exchange Commission (SEC) is giving real estate companies more time to assess implementation issues amid the COVID-19 pandemic by further deferring the application of certain accounting rules until 2023. The Commission said it decided to defer the application of Philippine...
There appears to be confusion in the imposition of the second year safeguard duty on imported cement with the Department of Trade and Industry (DTI), the Tariff Commission (TC), and the Bureau of Customs (BOC) apparently not coordinating with each other. This transpired at the recent public hearing...
The Philippine Sports Commission (PSC) plans to send athletes from three combat sports vying for Tokyo Olympics spots to a bubble training camp at the Inspire Sports Academy in Calamba, Laguna. The development came after the Inter-Agency Task Force recently approved the training of athletes for the...
It has been a challenging year for the whole world, and the Philippines is not exempted from this. With Covid-19 still out there, the vaccine has yet to reach us, and the economy heavily affected, Filipinos are trying their best to keep themselves healthy and make ends meet. With lower or no...
The PSEi surged to just a hair shy of the 7,300 level after government reported higher remittances from overseas Filipinos. (Photo credit: https://www.pse.com.ph) The main index jumped 71.97 points or 1.00 percent to close at 7,299.70 although the Services sector was in the red. Volume was slightly...
The Philippine Sports Commission (PSC) will discuss clarifications on the recent Inter-Agency Task Force (IATF) resolution allowing the training of national athletes competing in the 2021 Tokyo Olympics. This includes if the resolution will also cover those athletes who have high chances of...
The local stock market continued to rise as investor sentiment remains buoyant. Photo credit: (https://www.pse.com.ph/) The main index gained 35.19 points or 0.49 percent to close at 7,281.35 with only the Property counter retreating. Volume was slightly lower at 46.02 billion shares worth P8.93...
