In a small town in Albay, the marine environment houses diverse aquatic species crucial for biodiversity. Unfortunately, the climate crisis is set to worsen the reduction of diversity in marine ecosystems, which prompts the need to adopt sustainable practices and preserve with urgency the resources...
Local share prices dropped in afternoon trading as investors turn cautious amid global uncertainties after rising in the morning session due to the rate cut. The main index lost 36.67 points or 0.49 percent to settle at 7,400.33 as Conglomerates led the retreat while Banks managed to advance....
Lady cuemaster Rubilen Amit and boxing champ Melvin Jerusalem carried the banner in a September to remember for Filipino sportsmen and women. Boxer Melvin Jerusalem headlines PH sports men and women in month of September. (Wendell Alinea) Further cementing her status as queen of billiards, Amit...
The Philippine Postal Corp. (PHLPost) announced the resumption of the issuance of the Postal functional Card, popularly known as the Postal ID, which started last Oct. 15. In a statement on Thursday, Oct. 17, PHLPost said the Postal ID is available in all capturing and registration Post Office...
The Department of Trade and Industry (DTI), Small Business Corporation (SB Corp), and Philippine Franchise Association (PFA) have formed a partnership to promote franchising as a viable business option. In a statement, the DTI said the partnership aims to create a thriving franchising ecosystem by...
A "powerhouse" delegation of Canadian businesses, poised to be the biggest-ever, will visit the Philippines this coming December to explore trade and investment opportunities. Export Development Canada (EDC) managing director and head of Indo-Pacific George Monize told reporters on Wednesday, Oct....
Philippine National Bank (PNB) has successfully returned to the international debt markets and raised $300 million through a benchmark-sized Sustainability Regulation S offering of 5-year senior notes under its $2 billion Euro Medium Term Note programme. In a disclosure to the Philippine Stock...
Zobel-led Bank of the Philippine Islands reported a 24.3 percent growth in net income to a record P48 billion in the first nine months of 2024 from P38.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said earnings growth was driven by robust...
Department of Education (DepEd) Secretary Sonny Angara, on Wednesday, Oct. 16, cited noteworthy strides in addressing critical issues within the department and underscored the importance of collaborative efforts to foster a more responsive and effective educational system. DepEd Secretary Sonny...
The Philippine Statistics Authority (PSA) said the estimated palay production may decline in the third quarter, while corn output is expected to increase. Based on the PSA’s latest production estimates for the July to September 2024 quarter palay production is expected to fall by 12 percent to...
The Department of Trade and Industry (DTI) stated that the imposition of value-added tax (VAT) on digital service providers (DSPs) will promote healthy competition in the local market. In a statement on Wednesday, Oct. 16, DTI Secretary Cristina A. Roque said that this measure levels the playing...
The local stock market surged on expectations of another rate cut by the Monetary Board later this week. The main index rallied by 129.90 points or 1.77 percent to close at 7,456.31 as the Property sector led the charge although Miners declined due to lower gold prices. Volume was higher at 553...