The local stock market dropped further due to lack of fresh leads and with the approaching Lenten break. The main index lost 92.93 points or 1.33 percent to close at 6,895.36 with the Industrial and Services sectors leading the retreat across the board. Volume improved but remained thin at 1.5...
Philippine Saving Bank (PSBank), the consumer and retail bank arm of the Metrobank Group, retained the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, from the Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aaa (corp.) has a very strong capacity to...
Ayala Corporation is seeking the approval of the Securities and Exchange Commission for its planned issuance of up to P15 billion worth of fixed rate bonds as the second tranche of its P30 billion shelf registered debt securities program. In a disclosure to the Philippine Stock Exchange, Ayala said...
More than 9,000 individuals were still stranded in various ports nationwide despite the improving weather condition in parts of Bicol (Region 5) and Northeastern Mindanao, the Philippine Coast Guard (PCG) reported Tuesday, April 12. Passengers at the Batangas Port in Batangas province wait for...
The ASEAN+3 Macroeconomic Research Office (AMRO) has raised this year’s economic growth outlook for the Philippines to 6.5 percent from 6.2 percent on the back of robust government expenditures and recovering private sector spending. During a virtual briefing on Tuesday, April 12, Hoe Ee Khor,...
The national women’s volleyball team leaves for Baureri, Brazil Tuesday for an extensive training in preparation for the Hanoi Southeast Asian Games scheduled next month. Photo from Volleyball Philippines The team will train for three weeks where they are expected to have tuneup matches against...
ZAMBOANGA CITY - Two male passengers of a motorized banca that capsized in Isabela City waters were rescued by Philippine Coast Guard Basilan personnel on Monday, April 11. Coast Guard Basilan search and rescue personnel with the two passengers of a capsized banca who were rescued in seas off...
The Philippine Embassy in Singapore has denied reports of voters receiving pre-shaded ballots when they cast their votes for the 2022 elections on April 11. Philippine Embassy Singapore (via Facebook) In a Facebook post, the Embassy reiterated its commitment to ensuring a clean and honest voting...
Senator Imee Marcos, chairwoman of the Senate Committee on Electoral Reforms and People’s Participation, has called for extended office hours at Philippine embassies and consulates to ensure that overseas Filipino workers (OFWs) could cast their votes in this year’s national elections. Marcos...
The Philippine Commission on Women (PCW), on Monday, April 11, welcomed the signing of Executive Order (EO) 167 which aims to strengthen the organizational structure of PCW. (Image courtesy of PCW) “This EO raises the Chairperson’s rank to Undersecretary, increases sectoral representation, and...
House Deputy Speaker and Bagong Henerasyon Party-list Rep. Bernadette Herrera has lauded the signing of Executive Order (EO) No. 167, which expands the organizational structure of the Philippine Commision on Women (PCW). Philippine Commission on Women logo (via Facebook) Under EO 167 which...
The Philippine Amusement and Gaming Corp. (Pagcor) has remitted fresh cash dividends to state coffers to support government programs aimed at mitigating the impact of the Russia-Ukraine crisis on the vulnerable sectors. In a statement, Andrea D. Domingo, Pagcor chair and chief executive officer...
