The Philippine National Police (PNP) is tightening coordination mechanisms and aligning operational strategies with the Independent Commission for Infrastructure (ICI) as part of the government’s intensified campaign against corruption. Police Lt. Gen. Jose Melencio Nartatez Jr., acting PNP...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. slammed the Bases Conversion and Development Authority (BCDA) model as “a failure” as he warned that strategic military assets lost under the law cannot be replicated. Teodoro made the surprising remark during the closing...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
Charlito Martin “Charlie” Mendoza, a top-placing lawyer and licensed geodetic engineer, has been appointed by President Marcos as commissioner of the Bureau of Internal Revenue (BIR), the agency responsible for over 70 percent of government revenues. Mendoza’s appointment is effective...
President Marcos has appointed Department of Finance (DOF) Undersecretary Charlito Mendoza as the new Commissioner of the Bureau of Internal Revenue (BIR), replacing lawyer Romeo “Jun” Lumagui Jr. Mendoza’s appointment paper was signed on Tuesday, Nov. 12. He currently heads the DOF’s...
Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui, Jr. ordered a major personnel overhaul, affecting 16 key posts across the agency’s regional offices. The most significant change is the appointment of Southern Metro Manila Regional Director Edgar B. Tolentino as the new head of the...
Bloomberry Resorts Corp. reported a 95-percent plunge in consolidated net income for the first nine months of the year on the back of ballooning losses in the third quarter as the international high-roller market remains weak while expenses increased for its new online gaming business. In a...
Local chief executives were directed by the National Disaster Risk Reduction and Management Council (NDRRMC) on Sunday, Nov. 9, to implement forced evacuation ahead of the possible impact of Super Typhoon “Uwan.” Department of National Defense (DND) Secretary and NDRRMC Chairperson Gilberto...
Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. on Saturday, Nov. 8, underscored the enduring strength of the Philippines–United States alliance as both nations face new challenges, including the approaching Typhoon “Uwan.” Speaking at the US Veterans Day ceremony at...
The Philippine National Police (PNP) expressed support for a proposed measure in the Senate that seeks to impose stiffer penalties against individuals responsible for making and disseminating hoax bomb threats. The proposed legislative action, introduced by Senator Jinggoy Ejercito Estrada under...
West Zone concessionaire Maynilad Water Services Inc. successfully debuted on the Philippine Stock Exchange after its ₱34.33 billion initial public offering (IPO) was heavily favored by investors, ending 2.7 times oversubscribed. In a briefing before the listing, Maynilad Chief Finance Officer...
Port operator International Container Terminal Services, Inc. (ICTSI) reported a 19 percent improvement in attributable net income to $751.56 million in the first nine months of the year from the $632.58 million earned in the same period of 2024 as global trade continues to grow despite US tariff...
