China dismissed the Philippines' protest over its unilateral imposition of a fishing ban in South China Sea which covers parts of the West Philippine Sea, saying it is a "normal measure." West Philippine Sea (FILE PHOTO FROM AFP) China's Foreign Ministry Spokesperson Zhao Lijian on Thursday, June...
The local stock market declined as investors continue to worry over the global economy. The main index shed 25.38 points or 0.38 percent to close at 6,686.83 although only the Banks and Industrial counters retreated while the Mining and Oil sector led advancers. Volume weakened further to 852...
Philippine Business Bank (PBB) reported a 93.4 percent jump in net income to P310 million in the first quarter of 2022 from P160 million in the same period last year as core income grew to P732.3 million from P725.2 million. In a disclosure to the Philippine Stock Exchange, the bank said its net...
It is the first genetically modified rice variety developed to address a specific nutrition issue such as vitamin A deficiency (VAD). * Vitamin A is an essential micronutrient for growth, development, and keeping the body’s visual and immune systems healthy. The Filipino diet lacks vitamin A,...
With talks on renewable energy in the air, the country’s first-ever wind turbine research, development and testing laboratory has recently been launched by the Department of Science and Technology (DOST) together with the Central Philippine University (CPU) in Iloilo City. The wind tunnel in the...
The local stock market dropped further on concern over the impact of rising inflation and interest rates. The main index lost 62.47 points or 0.92 percent to close at 6,712.21 as Banks led the decline although Mining and Property stocks managed to advance. Volume fell to 659 million shares worth...
SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of up to P10 billion. This is the initial tranche of the company’s new three-year Shelf Registration program amounting to P60 billion....
The University of the Philippine Visayas Tacloban College (UPVTC) will offer a Bachelor of Science in Applied Mathematics starting academic year (AY) 2022-2023. Photo from the University of the Philippine Visayas (UPV) website Applicants from the UP College Admissions (UPCA) under the Degree...
Blackwater’s Paul Desiderio vowed to come back stronger after tearing his ACL during a recent tune-up game held before the start of the PBA’s 47th season. Photo from PBA Desiderio is likely to miss the season when he got hurt while driving to the hoop in the Bossing’s exhibition match against...
Newcomer Converge is still in negotiations with several former Alaska players whose contracts expired after last season’s campaign. Photo from PBA Abu Tratter, Robbie Herndon and Maverick Ahanmisi were not on the FiberXers’ official roster released before the opening of the 47th season. The...
The local manufacturing sector registered a further improvement in operating conditions in May as both output and new orders grew at solid rates, the latest survey from S&P Global showed on Wednesday, June 1. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI)...
Filipino shipowners and crew can fill the manpower gaps in Eastern Europe due to the war in Ukraine amid amid an improving outlook for Philippine shipping industry. The Filipino Shipowners Association (FSA) made the announcement Tuesday, May 31, during their press briefing at the Manila Peninsula...
