The Department of Public Works and Highways (DPWH) referred two alleged bid-rigging cases in flood control projects to the Philippine Competition Commission (PCC) on Friday, Oct. 3, for possible sanctions under the competition law. The DPWH said one case involves Wawao Builders, IM Construction...
The Philippine Red Cross (PRC) has opened its first medical tent at the Cebu Provincial Hospital in Bogo City and reported a surge in blood donations from Cebuanos after the devastating 6.9-magnitude earthquake struck Northern Cebu earlier this week. The facility, now fully operational, is...
The Philippines is taking a step forward in its farm modernization initiatives through an agreement with South Korean agricultural equipment manufacturer TYM Corp., focusing on personnel training and investment. The Philippine Center for Postharvest Development and Mechanization (PHilMech) said on...
The Philippine Red Cross (PRC) on Thursday, October 2, announced that it is mobilizing family tents and emergency supplies for thousands of families displaced by the powerful 6.9-magnitude earthquake in Northern Cebu, following a direct call from President Ferdinand Marcos Jr. The quake, which...
The Philippine Stock Exchange index (PSEi) rose slightly for the second straight day, adding 13.73 points, or 0.23 percent, to close at 6,039.76, but gains were limited due to lack of fresh market leads. The overall volume decreased to 1.52 billion shares, valued at ₱5.56 billion. Decliners edged...
The Philippine Stock Exchange Composite Index (PSEi) finally bounced back after a seven-day decline, as investors were enticed to start bargain hunting following lower stock prices. The main index jumped 72.57 points, or 1.22 percent, to close at 6,026.03 on Wednesday, Oct. 1, with Miners leading...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
With classrooms damaged and communities reeling from a powerful earthquake in Cebu and back-to-back typhoons, the Department of Education (DepEd) on Wednesday, October 1, assured that recovery plans will be implemented to ensure learning continuity for millions of affected students. In a statement,...
SM Offices, a business unit of SM Prime Holdings Inc., has signed a Registration Agreement with the Philippine Economic Zone Authority (PEZA) confirming the Presidential Proclamation of SM City Santa Rosa IT Center as an Information Technology Economic Zone. Proclamation No. 944, signed by...
The Philippine Army (PA) has deployed engineer units to reinforce search and rescue efforts in areas devastated by the magnitude 6.9 earthquake that struck northern Cebu on Tuesday night, Sept. 30. “The Philippine Army continues to closely monitor the situation in Cebu and is prepared to deploy...
The Philippine Red Cross (PRC) on Wednesday, October 1, issued an emergency appeal for donations and support after a magnitude 6.9 earthquake struck near Bogo City, Cebu, leaving families displaced, roads blocked, and hospitals in urgent need of assistance. The PRC stressed that its resources are...
The Philippine Red Cross (PRC) on Wednesday, October 1, announced that it has deployed medical and emergency response teams after a magnitude 6.9 earthquake struck near Bogo City, Cebu, on Tuesday night. PRC Chairman and CEO Richard J. Gordon said staff and volunteers were immediately mobilized to...
