The Philippine Stock Exchange (PSE) has approved the follow-on offering and listing of high-end real estate developer Century Properties Group Inc.’s (CPG) Series B Preferred Shares worth up to P4 billion, but it is lower than the initially planned P5 billion. PSE documents showed that the...
Zobel-controlled Bank of the Philippine Islands (BPI) reported a record high net income, driven by revenues and lower provisions which offset the increase in operating expenses. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its net income rose 30.5 percent to an all-time...
The Philippine government must show tolerance to criticism and dissent if it really wants to live up to its value for democracy, United Nations (UN) Special Rapporteur Irene Khan said as she concluded her 10-day visit in the Philippines. Khan, UN rapporteur on freedom of opinion and expression,...
CALBAYOG CITY – Philippine National Police chief Police Gen. Benjamin Acorda Jr. said on Friday, February 2, that he never asked anyone to resign, particularly President Ferdinand R. Marcos Jr. PHILIPPINE National Police chief Gen. Benjamin Acorda Jr. (right) on Friday, February 2, inspects...
Now, anyone can easily verify the authenticity of Philippine identification (PhilID), or national ID cards. The Philippine Identification System (PhilSys) authentication services are now accessible to the public, making it easier and faster to verify the identification of PhilID and ePhilID...
State-owned Philippine Amusement and Gaming Corp. (Pagcor) reported a strong double-digit revenue growth last year, but it fell short of pre-pandemic levels. In a statement, the government's gaming regulator and operator said that the company generated P79.37 billion in revenues from January to...
The local stock market slipped on signals from the US Federal Reserve that rate cuts may come later than March. The main index lost 23.43 points or 0.35 percent to close at 6,623.01 as the Mining and Oil counter led the retreat while Banks bucked the trend. Volume dropped to 280 million shares...
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) Albay 2nd district Rep. Joey Salceda gave props to President Marcos for facilitating the inflow of investments to the country, which has led...
Four former world judo champions from Japan are scheduled to conduct a two-give training program for local athletes and coaches in the Judo Coach Dispatch Project over the weekend at the Rizal Memorial Sports Complex in Manila. The Tokyo Metropolitan Government (TMG) is launching the program in...
Sen. Raffy Tulfo said on Thursday, Feb. 1, that the Governance Commission for GOCCs (GCG) has taken care of its promise to fix the Compensation and Position Classification System (CPCS) of the Philippine Amusement and Gaming Corporation (PAGCOR). In a statement, Tulfo said that it includes...
After getting a list of names, a Senate panel is set to review the jackpot winners of the past Philippine Charity Sweepstakes Office (PCSO) lotto draws namely the 6/42, 6/45, 6/49, 6/55, and 6/58 draws. Sen. Raffy Tulfo presides over the continuation of the Committee on Games and Amusement...
The Gokongwei Group’s Robinsons Retail Holdings Inc. posted a 29.5 percent drop in attributable net income due to foreign exchange losses and the impact of the merger of Robinsons Bank with the Bank of the Philippine Islands (BPI). In a disclosure to the Philippine Stock Exchange (PSE), the firm...
