Authorities seized some P1.6 million worth of smuggled cigarettes during a joint Philippine Coast Guard (PCG) and Bureau of Customs (BOC) operation in Zamboanga City. The operation stemmed from a report about the entry of smuggled cigarettes that have been stored in a truck. During an inspection on...
The Philippine Red Cross (PRC) Malabon Chapter drove its Hot Meals on Wheels food truck to a barangay in Malabon City to provide children, and the elderly with warm, nutritious meals. Philippine Red Cross deploys its Bakuna Bus to Potrero, Malabon City on Feb. 7, 2022 to administer more than 300...
Pole vaulter EJ Obiena’s mother on Monday told the Senate Sports Committee, chaired by Senator Christopher “Bong” Go, that she lent money to the Philippine Athletics Track and Field Association (Patafa) to help finance her son’s allowance after learning of the Olympian’s living conditions...
The camp of presidential aspirant Ferdinand "Bongbong" Marcos Jr. and vice presidential candidate Davao City Mayor Sara Duterte-Carpio expect some 25,000 people to attend their proclamation rally to be held at the Philippine Arena on Tuesday, Feb. 8. The event will start at 4 p.m. and end by 7...
The Armed Forces of the Philippines (AFP) teamed up with the Philippine National Police (PNP) and Philippine Coast Guard (PCG) on Monday, Feb. 7, as a final push to meet President Duterte's deadline and eliminate all threat groups, particularly the communist insurgents, and secure the May 9...
The PSEi started the week lower as investors reposition their investments ahead of the index recomposition while others took profit on concern over inflation. The main index dropped 76.05 points or 1.02 percent to close at 7,389.30 as Holding Firms led the retreat although Banks and Mining and Oil...
NLEX Corporation, a member of the Metro Pacific Group, has retained its the highest Issue Credit Rating of PRS Aaa, with a Stable Outlook, from Philippine Rating Services Corporation (PhilRatings) for its outstanding Fixed-rate Bonds worth P8.6 billion. Obligations rated PRS Aaa are of the highest...
The local stock market may benefit this week from growing optimism as the economy reopens while COVID-19 cases decline although it will also take some cues from the release of economic data. After the PSEi breached the 7,300 resistance level last year, Philstocks Financial Senior Supervisor for...
The Philippine Biodiesel Association (TPBA) joined Congress’ call for the long-delayed increase in the biodiesel blend to 5 percent (B5) as mandated by the Biofuels Act of 2006. "Congress sees the immediate and long term impact of a higher biodiesel mandate. The immediate benefits come with...
Cash dividends paid out by companies listed at the Philippine Stock Exchange to common shareholders improved by 17.3 percent to P402.18 billion in 2021 from 2020’s P342.88 billion, boosted by real estate trust issues of listed firms. Data collated by the bourse show that this translates to...
Newly-listed Monde Nissin Corporation (MONDE) and liquor maker Emperador, Inc. will be joining the prestigious Philippine Stock Exchange index (PSEi) starting Feb. 14, 2022. The PSE announced that its January to December 2021 stock performance review showed that the two firms will be among the 30...
The Philippine Army (PA) announced Sunday, Feb. 6, that it has installed its newest Command Sergeant Major. Lt. Gen. Romeo Brawner Jr., PA Commanding General, officiated the assumption of Chief Master Sergeant (CMS) Rogelio P. Caacbay as the 19th Army Command Sergeant Major in a ceremony held last...
