Negotiations between the Philippines government and Maynilad Water Services Inc. regarding the latter's new water concession agreement (CA) with Metropolitan Waterworks and Sewerage System (MWSS) have already started. This is more than two weeks since the Philippines government released the new CA...
Local stocks dropped as investors preferred to hold on to cash during the weekend. The main index lost 45.15 points or 0.69 percent to close at 6,494.81 with the Property sector leading the retreat while the Mining and Oil counter advancing the most. Volume remained low with 6.77 billion shares...
75 YEARS OF PH-US RELATIONS The US government has committed to continue extending economic assistance to the its ally the Philippines in the form of grants for infrastructure projects, investment insurance coverage, technical and sustainability assistance as both countries marked their 75...
The Philippine government has already finalized the updated Financial and Technical Assistance Agreement (FTAA) with Australian-Canadian miner OceanaGold Corporation (OceanaGold) nearly two years since the major mining deal expired. MGB Director Wilfredo Moncano (Photo credit:...
The Office of the President (OP) was urged to cancel the ‘stay order’ issued on mining companies with pending suspension and closure orders. This as such move will not do anything for the Philippine economy. “We demand that the Office of the President immediately cancels this ‘Stay...
Cebu-based retailer Metro Retail Stores Group, Inc. (MRSGI) suffered a net loss of P449.6 million last year from the net income of P775.6 million recorded for 2019. In a disclosure to the Philippine Stock Exchange, the firm said the decline was due to a pandemic-driven 15.0 percent decrease in net...
"All Out Sunday" host Julie Anne San Jose was quick to respond to fellow actress Gab Pangilinan's tweet pertaining to the President's recent two-week absence. Julie Gab said: "Ano ka??? Toxic Jowa???" Julie responded: "Ghoster amp." She added, "*left the group* cos golf muna." Gab and Julie's...
OF TREES AND FOREST Former Senate President Manny Villar I applaud the decision of President Rodrigo Duterte to allow the private sector to import COVID-19 vaccines “at will”. “No matter the price or how many they want to import, that is fine with me,” the President was quoted as saying...
GOVERNANCE MATTERS Former Vice President Jejomar Binay Last week, I was asked to speak before a webinar sponsored by the UP Portia Alumnae Association on my experiences as a human rights lawyer during martial law. As many of you know, I began my career as a lawyer in the 1960s, trading the comforts...
The Philippine government has allowed the mining companies that were suspended and ordered closed by former Environment Secretary and late Regina Paz Lopez in 2017 to continue operating. Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said on Tuesday that the government has decided to...
The Office of the President has approved the request of the Philippine Sports Commission (PSC) to lock down its facilities in Manila and Pasig City due to the rising COVID-19 cases of its employees. The lockdown will take effect on Tuesday, April 13, and will run for 10 days as both the...
Rizal Memorial Coliseum (MB Photo / Ali Vicoy) The Philippine Sports Commission (PSC) is waiting for a directive from the Office of the President if it could lock down its facilities in Manila and Pasig City due to the rising COVID-19 cases of its employees. Sources said the government sports...
