Flag-carrier Philippine Airlines Inc. (PAL) is geared up to expand its global presence and strengthen its position as a competitive player in international aviation to sustain its strong performance last year. The airline’s growth will also bank on the recent leadership change with the...
After nearly seven years of service, Commission on Higher Education (CHED) Chairman Prospero “Popoy” de Vera III has officially stepped down from his post, following the acceptance of his courtesy resignation by President Marcos. In a statement released on Thursday, May 29, de Vera expressed...
Two more heads of government-owned and controlled corporations (GOCCs), one of whom was among the highest-paid officials last year, have submitted their courtesy resignations to President Ferdinand Marcos Jr. Alejandro Tengco, chairman and CEO of Philippine Amusement and Gaming Corporation...
The Department of Foreign Affairs (DFA) clarified on Thursday, May 29, that former presidential spokesperson Harry Roque only has one valid regular Philippine passport and that all other passports, including regular and diplomatic, issued to his name are no longer valid. Former presidential...
CEBU CITY – Four cardiologists from the Philippine Heart Association (PHA)-Cebu chapter bagged prestigious awards in the 55th PHA Convention and Scientific Meeting Convocation and Opening Ceremonies on Tuesday, May 27, at the EDSA Shangri-La Manila in Mandaluyong City. Dr. Alex Junia,...
Each year, from May 28 to June 12, a familiar sight returns to cities, towns, and quiet neighborhoods across the Philippines. Flags are hoisted from windows and rooftops. They line public buildings and street corners. They flutter above schoolyards and government halls. This two-week stretch...
he PSEi rose after the US announced another pause in the implementation of tariffs on products from the European Union. The main index added 41.18 points or 0.64 percent to close at 6,425.80 as Banks led gains accross the board. Volume improved to 601 million shares worth P6.3 billion as gainers...
A "steady" Philippine economy would allow the peso to further strengthen to the ₱54:$1 level before year-end, despite lingering downside risks from local politics as well as external economic and financial developments, according to Japanese financial giant MUFG Bank Ltd. In a May 27 report...
Maynilad Water Services Inc. reported that feedback from preliminary investor meetings has been encouraging for its planned initial public offering, valued at up to ₱45.8 billion. In a letter to the Philippine Dealing & Exchange Corporation, Maynilad Corporate Information Officer Lourdes Marivic...
The Philippine Stock Exchange index (PSEi) ended slightly negative as investors continue their wait-and-see stance as several economic data are die for release later this week. The main index shed 5.32 points or 0.08 percent to close at 6,384.62 with sectoral indices equally divided. Volume...
The Philippine Air Force (PAF) has relocated the Major Danilo Atienza Air Base (MDAAB) from Sangley Point, Cavite to Lumbia Airport in Cagayan de Oro City as part of its strategic basing plan. Colonel Ritza Ann Jovellanos, acting PAF spokesperson, said among the units that were transferred were...
The Philippine Marine Corps (PMC) and United States Marine Corps (USMC) will test the Navy-Marine Expeditionary Ship Interdiction System (NMESIS), an American-made anti-ship missile system, during the Kamandag Exercise next week. Kamandag, or “Kaagapay ng mga Mandirigma Mula sa Dagat”, is an...
