Philippines Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a decline in a net income to P1.26 billion for the first nine months of 2021 from P1.33 billion in the same period last year. The bank disclosed to the Philippine Stock Exchange, that earnings were supported...
President Duterte has approved the appointment of former Philippine Coast Guard (PCG) Commandant, Admiral George Ursabia as Undersecretary for maritime affairs of the Department of Transportation (DOTr). DOTr Secretary Arthur Tugade made the announcement during the inauguration on Monday, Nov. 8,...
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III has ordred the Philippine Overseas Employment Administration (POEA) to start processing the deployment of workers to South Korea following the announced lifting of restrictions on the entry of foreign workers there. The arrival...
Philippine Red Cross (PRC) chapters in Visayas and Mindanao regions are on watch after a recent bulletin released by the Bureau of Fisheries and Aquatic Resources (BFAR) warned that some bodies of water in eight provinces are still positive for Paralytic Shellfish Poison (PSP) or toxic red tide,...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for the builder of the Makati City Subway, the Department of Finance (DOF) announced. In a statement released by the DOF on Monday, Nov. 8, it said that the FIRB took into consideration the projected increase in...
The country’s economic growth performance for the second-quarter was slightly revised upward by the Philippine Statistics Authority (PSA). In its report on Monday, Nov. 8, PSA said the economy, or gross domestic product (GDP), expanded by 12 percent in April to June 2021, a revision of the...
NEW_LOGO_PPA_smallv1 The Philippine Ports Authority (PPA) is reducing the processing fees for all Permit To Operate (PTO) applications filed by transport service providers before the end of the year to ease the burden on the providers as the economy transitions to the "New Normal". The reduced...
After breaching the 7,300 level, the local stock market is seen to test its strength further this week to see if it can reach the 52-week high of 7,432.40 for the Philippine Stock Exchange Index (PSEi). “While last week’s rally could invite selling pressures, the market is still seen to have an...
The Philippine Association of Meat Processors Inc. (PAMPI) welcomed the decision of the Department of Agriculture (DA) to withdraw its latest order on new labelling requirements for imported meat. 43979 In a letter to DA, PAMPI thanked DA Secretary William Dar for his decision to order the...
A lone bettor won the P8.2 million jackpot prize of Lotto 6/42 during a draw on Saturday, Nov. 6, the Philippine Charity Sweepstakes Office (PCSO) said. Philippine Charity Sweepstakes Office (MANILA BULLETIN / FILE PHOTO) The bettor, who bought the lucky ticket in Cagayan De Oro City, Misamis...
Hundreds of staff and volunteers were deployed by the Philippine Red Cross (PRC) nationwide to reinforce the vaccination drive in various local government units (LGUs), the agency said on Saturday, November 6, 2021. In a statement, PRC said that more than 2,300 people were vaccinated in one day...
The local stock market surged to end the week at its highest level this year as investors cheered the lower-than-expected inflation rate for October and the loosening of quarantine restrictions. The main index jumped 137.05 points or 1.90 percent to close at 7,340.77 as the Property and Services...
