Ayala-led Bank of the Philippine Islands (BPI) has increased its final bond sale offer to P36 billion from the initial P5 billion value due to “strong investor demand.” In a disclosure to the Philippine Stock Exchange (PSE), the bank issued and listed the P36 billion 1.5 year peso fixed-rate...
Senator Jinggoy Ejercito Estrada on Monday, November 13 urged the Department of Foreign Affairs (DFA) to direct the Philippine ambassador to China to return to the country for consultation on the West Philippine Sea. “Given the recurring acts of aggression against our countrymen in...
Military and police personnel from the Northern Luzon Command (NOLCOM) and Police Regional Office in Cordillera (PRO-COR) pose for a photo during the launching of a joint exercise between the Armed Forces of the Philippines and Philippine National Police (PNP) in La Trinidad, Benguet on Nov. 10,...
Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
The Philippine Stock Exchange (PSE) announced that it will be hosting its first third quarter Investor Day with nine publicly-listed companies (PLCs) planning to share their respective performances for the period. In a statement, the bourse said the latest batch of listed firms will join the last...
Market participants are on edge as US inflation data and local policy rate announcements for this week are expected to determine the trajectory of the local stock market. According to China Bank Capital Corp. Managing Director Juan Paolo Colet, “after last week’s strong rebound fueled by...
The nomination of Alexander T. Lopez as chairman of the Philippine Reclamation Authority (PRA) has been approved by President Marcos. (From left) President Ferdinand Marcos Jr. and Philippine Reclamation Authority (PRA) board member Alex Lopez (Photo from Alex Lopez/Facebook) In a letter signed by...
Senator Francis Tolentino on Sunday, November 12 urged President Ferdinand “Bongbong” Marcos Jr. to consider recalling the country’s ambassador to Beijing to protest the latest water cannon attack by the Chinese Coast Guard on a Philippine vessel that was on a resupply mission in the...
President Marcos has declared 2023 to 2033 as "Dekada ng Kasaysayan ng Pilipinas." Marcos said the move was part of the administration’s efforts to strengthen the Filipino people’s nationalism, respect for heroes, and pride for the people’s accomplishment. Through Proclamation No. 396 dated...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro 2nd district Rep. Rufus Rodriguez is calling on the government to ditch resupply missions to troops in the West Philippine Sea (WPS) via boat and instead do them via...
There is a disparity in health care access in Mindanao compared to other regions in the country, researchers from the Philippine Institute for Development Studies (PIDS) said. During a webinar, Valerie Gilbert T. Ulep, PIDS senior research fellow, featured a study “Spatiotemporal Analysis of...
Senate Minority Leader Aquilino "Koko" Pimentel III said on Saturday, Nov. 11 that he sees no socially redeeming value in importing gambling activities, particularly Philippine Offshore Gaming Operators (POGOs). He made the statement following the recent inspection conducted by Senators Risa...
