Maharlika Investment Corp. (MIC) President and CEO Rafael Jose Consing Jr. has submitted his courtesy resignation, along with the firm’s board of directors, which comes amid the newly formed firm’s planned investment rollout. “I have submitted my unqualified courtesy resignation,” told...
The sky is the limit for Second Lieutenant Jessie Ticar Jr., the valedictorian of the Philippine Military Academy (PMA) Siklab-Laya Class of 2025, who is now poised to serve as a platoon leader in the Philippine Army (PA). With aspirations of one day becoming the Chief of Staff of the Armed Forces...
Armed Forces of the Philippines (AFP) Chief, General Romeo Brawner Jr. on Wednesday, May 28, denied rumors of an impending military overtake to unseat President Marcos Jr., stressing it will not happen so long as he is the country’s top soldier. In a statement, Brawner reaffirmed the...
LAOAG CITY – National Capital Region 's Arman Hernandez Jr. stole the spotlight with five gold medals in gymnastics just as records in athletics fell like dominoes on the second day of the 2025 Palarong Pambansa here Tuesday, May 27. Despite starting the sport just a year ago, the...
Vista Land & Lifescapes Inc., owned by the richest Filipino Manuel B. Villar Jr., posted a five percent improvement in net income to ₱3.4 billion in the first quarter of 2025 from ₱3.23 billion in the same period last year due to higher sales and leasing income combined with lower expenses. In...
If trade shocks are left unchecked, they could potentially inflict greater damage on Philippine growth, compromising the country’s significant progress in recent years, according to a top official of the Bangko Sentral ng Pilipinas (BSP). “In particular, trade shocks affect the capital stock of...
The courtesy resignation of Department of National Defense (DND) Secretary Gilberto Teodoro Jr. will not affect the operations of the Armed Forces of the Philippines (AFP), a ranking military official disclosed. The AFP is a professional organization that will continue to fulfill its mandate to...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said that further cuts in banks’ reserve requirement ratio (RRR) may happen next year as the central bank looks to ramp up its liquidity management and make the yield curve more reliable. “It might be for next year. We are trying to...
Tourism leaders and stakeholders across the country have expressed strong support for Department of Tourism (DOT) Secretary Christina Garcia-Frasco following her submission of a courtesy resignation in response to President Ferdinand Marcos Jr.’s directive for a midterm Cabinet reshuffle....
Two Oriental Mindoro congressmen have pushed measures to stop the entry of companies that may be contracted to conduct large-scale mining in Mindoro. Rep. Arnan C. Panaligan of the first district said he will refile House Bill 3891 that he introduced in 2022 declaring the entire Mindoro Island as...
The Washington-based International Monetary Fund (IMF) has reaffirmed its positive outlook on the Philippines, projecting steady economy growth in the coming years and signaling that the Bangko Sentral ng Pilipinas (BSP) has room to ease interest rates further amid falling inflation. In a statement...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the central bank has plenty of room to cut key interest rates on the back of softer inflation, signaling a potential 50-basis-point (bp) cut by year-end. “So far, the hard data says we have plenty of room to cut, especially...
