Government economic managers expect the country to downshift to the most lenient alert level status beginning next year, allowing businesses to operate at full capacity. Finance Secretary Carlos G. Dominguez III said on Wednesday, Nov. 17, that the sustained drop in the number of COVID-19 cases is...
PAL-Aircraft_316x210px-1 More Philippine Airlines (PAL) overseas destinations made it to the “Green List’ effective November 16 to 30, 2021. Passengers traveling from countries in the Philippine Inter-Agency Task Force (IATF)'s Green List follow more relaxed quarantine protocols. The Green List...
The two-day 47TH Philippine Business Conference (PBC) opens today with the theme “Innovation.PH: Economic Recovery for All.” The 47th PBC, chaired by Cathay Land President Jeffrey T. Ng, has pursued innovation as a continuing theme since last year as businesses must embrace innovation to thrive...
The local stock market managed to end higher despite earlier losses as investors wait for more market moving news. The main index gained 25.05 points or 0.34 percent to close at 7,367.42 as the Mining and Oil counter led the advance although half the sectors retreated. PSE_NEW Volume was higher at...
The Philippine Stock Exchange (PSE) reported that its net income rose 43.7 percent to P541.53 million in the first three quarters of 2021 from P376.84 million in the same period last year on higher operating revenues. In a disclosure, the bourse said its listing-related fees, trading-related fees...
President Duterte has promoted four captains of the Philippine Coast Guard (PCG) based on the recommendation of Department of Transportation (DOTr) Secretary Arthur Tugade. From the rank of captain, Ramon S. Lopez, Joeven L. Fabul, Edgar L. Ybañez and Mitzie S. Silva-Campo were promoted to the...
Finance Secretary Carlos G. Dominguez III instructed the Philippine Crop Insurance Corp. (PCIC) to identify and explain its sources of funds and corresponding uses to better understand its financial status and ensure that its premium subsidies paid for by taxpayers are spent well. Dominguez said...
The Philippine Sports Commission (PSC) board has approved the resumption of training of select national teams starting Jan. 10, 2022. In a statement, the board said select PH teams could train at the Rizal Memorial Sports Complex in Manila, the PhilSports Complex in Pasig City and the Baguio...
Organizers of the Chooks-to-Go Maharlika Pilipinas Basketball League (MPBL) Invitational Tournament are looking at the Mall of Asia Arena in Pasay City as the venue for their opening matches scheduled on Dec. 11. Commissioner Kenneth Duremdes said they are finalizing the details as of this writing...
The local stock market saw some profit-taking at the start of the week as investor sentiment was weighed down by negative news from overseas. The main index dropped 40.47 points or 0.55 percent to close at 7342.37 as the Mining and Oil counter fell while only the Holding Firms sector managed to...
Missile-capable frigate BRP Jose Rizal (FF150) conducted several maritime exercises with helicopter carrier JS Kaga (DDH-184) and guided-missile destroyer JS Murasame (DD-101) of the Japan Maritime Self-Defense Force (JMSDF) off Subic, Zambales, the Philippine Navy (PN) announced Monday, Nov. 15....
Lopez Holdings Corporation reported an attributable net income of P2.25 billion for the first nine months of 2021, a reversal of the P491 million in attributable net loss suffered in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said “This was mainly due to...
