Philippine Bank of Communications (PBCOM) has received its Certificate of Authority to operate a Universal Bank from the Bangko Sentral ng Pilipinas. 81209 In a disclosure to the Philippine Stock Exchange, PBCOM Chairman Eric O Recto said “Our upgraded license to operate as a Universal Bank is a...
The National Economic and Development Authority (NEDA) has assured Malacañang that the Marcos administration’s development plan will be ready for implementation beginning next year. In a briefing with President Ferdinand R. Marcos Jr. last Nov. 15, Socioeconomic Planning Secretary Arsenio M....
Stock market investors finally start taking profits made during the PSEi’s recent rally and ahead of the expected rate hike by the Bangko Sentral on Thursday. The main index shed 26.85 points or 0.42 percent to close at 6,392.09 with sectoral indices evenly mixed. Volume rose 969 million shares...
Lt. Gen. Bartolome Vicente Bacarro, Chief of Staff of the Armed Forces of the Philippines (AFP), vowed to provide “solid” support to the Western Command (WESCOM) for them to intensify their security operations in the West Philippine Sea (WPS). Lt. Gen. Bartolome Vicente Bacarro (sitting,...
A House panel has approved the Philippine naturalization application of professional basketball player Justin Donta Brownlee--arguably the most beloved "import" of Barangay Ginebra, the most popular sports franchise in the country. Justin Brownlee (Speaker's office) Approved by the House Committee...
Senator Robinhood "Robin" C. Padilla described the first Philippine Congress-Bangsamoro Parliament Forum (PCBPF) in Pasay City earlier this week as a key step to ensure the progress of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Padilla said he and other participants at the forum...
The jackpot prize for Ultra Lotto 6/58 worth P234,226,692.80 was not hit on the Philippine Charity Sweepstakes Office (PCSO)'s 9 p.m. draw on Tuesday, Nov. 15. PCSO / MANILA BULLETIN The winning numbers were 10-41-29-46-58-13. Seven players won the game's second prize worth P120,000 while 681...
After it opposed the importation of 25,000 metric tons of fish until January 2023, a fisherfolk group dared President Ferdinand “Bongbong” Marcos Jr. to ban imported fish from China. “Nakakabahalang pangunahing pinanggagalingan ng ating inaangkat na isda ay China, ang bansang nangangamkam at...
The local stock market rose despite a pause in the US bourses’ rally as investors hope for slower interest rate hikes. The PSEi rose 64.18 points or 1.01 percent to close at 6,418.94. Except for the Properties, all sectors were in the green with Conglomerates leading the advance. 92486 A total of...
The Philippine Charity Sweepstakes Office (PCSO) on Monday, Nov. 14, dispensed over P6.3 million lotto and small town lottery (STL) shares to Pasig City and San Juan City local government units (LGUs). Courtesy of Philippine Charity Sweepstakes Office (Facebook) PCSO General Manager Mel Robles...
Lopez Holdings Corporation reported an 83 percent surge in attributable net income to P4.12 billion in the first nine months of 2022 from the P2.25 billion earned in the same period last year. Attributable net income is the portion of consolidated net income or loss for the period, net of income...
Aboitiz Equity Ventures Inc., the investment arm of the Aboitiz family, is planning to raise up to P20 billion from a proposed bond issue with a base amount of up to P8 billion, with an oversubscription option of up to P12 billion. The issuance will come from the Company’s fourth and final...
