The aggressive campaign to lure foreigners to visit the country is gaining ground after two international cruise ships loaded with around 4,000 tourists docked on Monday, Feb. 26, at the Manila South Harbor, the Philippine Ports Authority (PPA) said. PPA General Manager Jay Daniel Santiago assured...
Gen. Benjamin Acorda, Jr., chief of the Philippine National Police (PNP), ordered on Monday, Feb. 26, all regional directors to intensify the operation against illegal mining activities in their respective areas of responsibility. Acorda explained that his order is not only aimed at preventing...
The Senate on Monday, February 26, approved on third and final reading Senate Bill No. 2492 or the proposed Philippine Maritime Zones Act which sets archipelagic boundaries in compliance with the United Nations Convention on the Law of the Seas (UNCLOS) and the 2016 The Hague arbitral ruling. ...
The National Economic and Development Authority (NEDA) has stressed the urgent need for the Philippines to dismantle restrictions on key sectors of the economy that are holding back the country from matching the developments of its neighboring nations. NEDA Secretary Arsenio M. Balisacan said that...
The Philippine National Police (PNP) has not received any request so far from both the House of Representatives and the Senate to assist in the serving of subpoena to Kingdom of Jesus Christ leader Apollo Quiboloy. But if there would be any, PNP chief Gen. Benjamin Acorda, Jr. said the police...
A cyber military officer guides the participants of the Cyber Skills Development Activity in Fort Bonifacio, Taguig City on February 24, 2024. (Photo courtesy of Philippine Army) The Philippine Army (PA) will hold its first-ever service unit-wide Combined Arms Training Exercise (CATEX) "Katihan" on...
The local stock market declined after a positive start as investors chose to pocket gains while waiting for fresh economic data. The main index dropped 21.72 points or 0.31 percent to close at 6,891.49 although sectoral indices were equally divided. Volume remained thin at 677 million shares worth...
Philippine Savings Bank (PSBank), the thrift banking arm of the Ty family, reported a 23 percent improvement in net income to a record-high P4.53 billion last year from P3.68 billion in 2022 due to higher revenues. In a disclosure to the Philippine Stock Exchange (PSE), the bank said this...
Philippine National Bank (PNB), the lender controlled by taipan Lucio Tan, reported a 55 percent jump in consolidated net income to P18 billion in 2023 on the back of robust net interest income and lower provisions. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its net...
Troops of the newly-activated 11th Field Artillery Battalion stand in formation during the unit's activation at Fort Ramon Magsaysay in Palayan City, Nueva Ecija on Sept. 12, 2023. (Photo by Philippine Army) The Philippine Army (PA) will recruit nearly 5,000 individuals to be part of their regular...
Currently on a five-week winning streak, the local stock market will be looking to large-cap earnings reports to see if the 7,000 resistance level will be breached this week. “The local market is already running on a 5-week winning streak with a total gain of 6.30 percent. Chartwise, the market...
President Marcos vowed that the government will continue to bolster its campaign against terrorist groups as he mourns over the killing of six soldiers in Lanao del Norte. “Hindi natin makakalimutan ang kanilang kadakilaan at kabayanihan. Ipagpapatuloy natin ang kanilang ipinaglaban, at uusigin...
