The Securities and Exchange Commission (SEC) has approved five corporations that will acquire the bad loans and non-performing assets (NPAs) of financial institutions affected by the pandemic-induced crisis, the Department of Finance (DOF) said. In a statement, the DOF said that five Financial...
33350 The Philippine National Railway (PNR) Bicol, otherwise known as the South Long Haul Project, will employ over 5,000 people per year directly, during its construction. “For our compatriots in the South who have dreamt of this project for so long, we are finally seeing the light of day,"...
DOTR123 Close to 2,000 commuters attempted to take Metro Manila’s rail lines without showing proof of their vaccination on the first day of implementation of the “no vax, no ride” in Metro Manila on Monday, Jan, 17, although it was generally peaceful, the Department of Transportation (DOTr)...
Two drivers were apprehended in Muntinlupa as authorities started implementing the Department of Transportation’s (DOTr) “no vaccination, no ride” policy on Monday, Jan. 17. Transportation Sec. Arthur Tugade issued Department Order 2022-001 on Jan. 11 limiting the access to public...
In the midst of the new COVID-19 surge, Department of Transportation (DOTr) Secretary Arthur Tugade ordered the enforcement of a “no vaccination, no ride/no entry” policy initially in the National Capital Region (NCR). The “no vaccination, no ride” policy will be in effect while a COVID-19...
Listed firm Aboitiz Power Corp. (AP) is seeking regulatory approval from the Securities and Exchange Commission (SEC) for its third tranche bond issuance worth P10 billion. The targeted bond issue is part of the P30 billion fixed rate retail bonds that had been set for shelf registration with the...
The Securities and Exchange Commission (SEC) has granted the country’s first permanent license to operate as a crowdfunding platform to Investree Philippines Inc. 57909 The Commission En Banc approved Investree Philippines’ application for a permanent license to operate as a funding portal and...
As the coronavirus disease (COVID-19) cases continue to rise in the country, the Philippine Coast Guard (PCG) has deployed some of its personnel in Metro Manila to assist in the swab testing of people suspected to be carrying the deadly virus. A member of the Philippine Coast Guard (PCG) Task Group...
The capitalization of the Real Estate Investment Trusts (REITs) in the Philippines zoomed in less than two-years, placing the country in the middle of the pack among major economies in the South and East Asian regions. In a report to Finance Secretary Carlos G. Dominguez III, the Securities and...
DOTR123 The Department of Transportation (DOTr) directed bus companies, public utility vehicles (PUVs) operators and transport terminals in the National Capital Region (NCR) to impose tighter health protocols as the region comes under Alert Level 3 starting today, Jan. 3, 2022 until Jan. 15, 2022...
DOTR123 The Department of Transportation (DOTr) is maintaining 70 percent passenger capacity in all rail lines while enforcing health protocols onboard trains, stations and depots as Alert Level 3 takes effect in the National Capital Region (NCR) today, Monday, Jan. 3, after a new pandemic surge....
DOTR123 For the first time in its history, the Department of Transportation (DOTr) took an unprecedented number of projects to bring on the Golden Age of Infrastructure in the Philippines, spending P9 trillion from 2017 to 2022 under President Rodrigo Duterte's flagship "Build Build Build" program....
