Disaster response technologies must be continued to be developed to adapt to the changing world, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) "The world is rapidly changing. It is imperative that our ways and our strategies adapt and improve...
Farmers' group Kilusang Magbubukid ng Pilipinas (KMP) on Tuesday, Nov. 7 responded to the recent statement of the newly assigned Department of Agriculture (DA) Secretary Francisco Laurel Jr. on the "inability" of the country to lower down prices of rice to P20 per kilogram in 2023. (Noel...
Finance Secretary Benjamin E. Diokno believes that borrowing costs in the country have hit a ceiling. On the sidelines of the Retail Dollar Bond 2 listing on the Philippine Dealing and Exchange Board on Monday, Nov. 6, Diokno stated that there is no rationale to warrant a further increase in...
It’s a week of financial relief on consumers’ pockets as prices at the gasoline stations will be on rollback, based on the pricing adjustment advisories of the oil companies. The industry players announced that the price of diesel will have a relatively hefty cutback of P1.10 per liter; while...
Japanese Prime Minister Kishida Fumio (left), Jordan Clarkson (Speaker’s office, Facebook) The Philippines and Japan are two basketball-crazy nations--something that Japanese Prime Minister Kishida Fumio somewhat alluded to during his historic address before...
Benchmark yields for short-term loans were significantly higher this week amid the policy rate increase forcing the Bureau of the Treasury to partially borrow. At Tuesday's auction of Treasury bills on Oct. 31, the national government raised a total of P12.75 billion, below the P15 billion program....
Long holiday-propped driving will bring forth both cheers and misery to the consumers given the mixed price adjustments that will be implemented at the domestic pumps this week. Based on the announcements of the oil companies, the price of diesel will have a substantial rollback of P1.25 per liter;...
With seven of the Top 10 in the LPGA of Taiwan rankings in the fold and a multi-titled Thai ace eager to shoot for a fourth leg victory, the 16-player strong Philippine crew brace for a tough challenge in the Party Golfers Ladies Open set to fire off on Nov. 8, at the Lily Golf and Country...
Shell Pilipinas Corporation will be holding its special meeting of stockholders on November 21, 2023, Tuesday at 2:00 PM to be conducted virtually through Shell Operated Webcast. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
As a token of gratitude for their Asian Games performances, President Marcos doubled the cash incentives of the Filipino winners which totaled to a whopping P41.9 million in a night of celebration at the Rizal Memorial Coliseum in Manila on Wednesday, Oct. 25. Pres. Ferdinand Marcor Jr. (center)...
The National Economic and Development Authority (NEDA) maintained its stance against a policy rate hike, emphasizing that inflation is primarily driven by supply-side factors. This is after Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said that an off-cycle hike may be implemented as...
Consumers’ financial pain would be back at the pumps this week as the price of diesel products will rise by P1.30 per liter, while gasoline products will also escalate by P0.95 per liter, according to the pricing adjustment advisories of the industry players. Kerosene, which is the other...