The Philippine Coast Guard (PCG) suspended maritime voyages across Bicol (Region 5), the Visayas, and parts of Mimaropa (Region 4B) on Monday, Nov. 24, as Tropical Depression “Verbena” and a prevailing shear line stirred unsafe maritime conditions, prompting authorities to broaden travel...
The Securities and Exchange Commission (SEC) has approved the planned ₱5-billion sustainability-linked bond offering of Cebu Landmasters Inc., representing the third and last tranche of securities registered under its shelf registration of ₱15-billion debt securities program. In a disclosure to...
While some optimism injected life into the local stock market last week, stocks remain undervalued, with no major economic news expected this week to serve as a catalyst to sustain the recovery. “The local market has shown signs of life last week, bouncing strongly on the back of positive...
The Philippine Biodiesel Association (TPBA) is urging the government to establish predictable blending adjustments, arguing that stable mandate benefits motorists through fuel efficiency savings and provide support for Filipinos in the coconut industry. In a statement, Ramon Taniola, TPBA executive...
The Philippine Coast Guard (PCG) gave China a dose of its own tactics on Sunday, Nov. 23, after BRP Cabra (MRRV-4409) shadowed two China Coast Guard (CCG) vessels near Bajo de Masinloc in the West Philippine Sea (WPS). Commodore Jay Tarriela, PCG spokesperson for WPS, said the BRP Cabra closely...
The Philippine Army (PA) said Sunday, Nov. 23, that its Aviation Regiment has completed yet another air patrol over key waters in Western Mindanao, enhancing its role in maritime security to protect the country’s borders. The operation conducted by the Special Mission Aviation Company covered the...
The Philippine Economic Zone Authority (PEZA) said multiple foreign companies are already looking at potential investments in Palawan Mega Ecozone (PMEZ), which is still awaiting presidential proclamation to commence development. In a statement, PEZA said it is in talks with prospective investors...
The Philippine Navy (PN) and Japan Maritime Self-Defense Force (JMSDF) stepped up efforts to enhance their tactical coordination following the conclusion of a two-day visit by senior PN officials to Japan over the weekend. Rear Adm. Joe Anthony C. Orbe, commander of PN’s Philippine Fleet (PF),...
Senator Loren Legarda has called for full transparency on the Philippine Health Insurance Corporation 's (PhilHealth) funding during the deliberations on the proposed 2026 national budget, stressing that mandated subsidies must be properly allocated and released. In her interpellation on the...
The Department of Foreign Affairs (DFA) has yet to receive a court order to cancel resigned Ako Bicol Partylist Rep. Zaldy Co’s passport over his involvement in the mutli-billion-peso flood control mess. In a statement on Friday night, Nov. 21, the DFA said it has the power to cancel passports...
The Philippine Stock Exchange index (PSEi) rose further on Friday, Nov. 21, after investors reacted positively to the government’s announcement of a balance of payments (BOP) surplus. The benchmark index rose by 66.32 points, or 1.12 percent, to close at 5,997.13. Conglomerates led Friday’s...
At least five Chinese vessels and two aircraft were spotted operating in Bajo de Masinloc (Scarborough or Panatag Shoal), West Philippine Sea (WPS) on Friday, Nov. 21, according to the Philippine Coast Guard (PCG). The Chinese forces were monitored during a routine maritime domain awareness (MDA)...
