The Philippine Red Cross (PRC) on Wednesday, Jan. 17, said 34 families or 98 people had been rescued after being stranded at Brgy. Magading in Nabunturan town, Davao de Oro province, due to floods. Photo courtesy of PRC The PRC reported that over 1,000 families across Davao were temporarily staying...
President Marcos has approved specific budget items that aim to help promote the well-being of the members of the Armed Forces of the Philippines (AFP). NEW YEAR'S CALL — President Ferdinand 'Bongbong' Marcos Jr. invites Armed Forces of the Philippines (AFP) and the Philippine National...
The local stock market weakened further on news of a lower-than-expected growth of the Chinese economy. The main index fell 64.49 points or 0.97 percent to close at 6,572.51 led by the plunge of the Mining and Oil sector. Volume rose to 590 million shares worth P6.68 billion as losers beat gainers...
Philippine Amusement and Gaming Corporation (PAGCOR) is targeting to launch its own internet gaming platform by the second half of this year in order to keep up with the fast-growing revenue source. In an interview, PAGCOR Chairman and CEO Alejandro H. Tengco said the plan is still on track and...
The Philippine Olympic Committee (POC) General Assembly unanimously ratified the organization’s amended constitution that was revised in strict compliance with the International Olympic Committee’s (IOC) principles on good governance. “No objection,” said POC President Bambol Tolentino...
TACLOBAN CITY – The city government of Borongan, the capital of Eastern Samar, is eyeing to increase Philippine Airlines (PAL) flights at Borongan Airport in anticipation of a surge in passenger demand from July to October. B ORONGAN City is eyeing an increase in the number of PAL flights at the...
The Philippine National Police (PNP) monitored around 500 rallyists and 151 passenger jeepneys during the conduct of the protest march on Tuesday, Jan. 16, against the implementation of the Public Utility Vehicle Modernization Program (PUVMP). PNP spokesperson Col. Jean Fajardo said they also...
The local stock market declined as concerns overseas prompted investors to lock in recent gains. The main index dropped 43.45 points or 0.65 percent to close at 6,637.00 as the Mining and Oil sector led the retreat. Volume was relatively steady at 501 million shares worth P5.98 billion as losers...
Most adult Filipinos agreed with how President Ferdinand Marcos Jr. and his administration addressed territorial disputes between the Philippines and China in the West Philippine Sea (WPS), according to the survey released by OCTA Research on Tuesday, Jan. 16. OCTA Research Based on the 4th...
The Philippines’ economic growth will maintain its progress this year only if effective policy responses are being implemented, researchers from the Philippine Institute for Development Studies (PIDS) said. In a study titled “Macroeconomic Outlook of the Philippines in 2023–2024: Prospects...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
Majority of Filipinos feel that the Marcos administration should work with the US amid continuing tension in the West Philippine Sea, a recent survey showed. In a survey released on Tuesday, Jan. 16, by Pulse Asia and commissioned by international think tank Stratbase ADR Institute, 79...