Union Bank of the Philippines’ planned P12 billion stock rights offering will be priced within the range of P54.48 to P58.38 per share although the entitlement ratio is yet to be set. In a disclosure to the Philippine Stock Exchange, the bank said it is planning to offer up to 220.26 million...
The Governance Commission for Government Owned or Controlled Corporations (GCG) has asked the Civil Aviation Authority of the Philippines (CAAP) to submit its report over the severe system failure at the Ninoy Aquino International Airport (NAIA). In a statement released on Wednesday, Jan. 4, GCG...
Papal Nuncio Archbishop Charles John Brown and Manila Archbishop Jose Cardinal Advincula will lead the requiem mass for Pope Emeritus Benedict XVI who passed away on New Year’s Eve at the age of 95. Pope Emeritus Benedict XVI (Vatican News) The holy mass for the late Pontiff will be held at the...
Netflix released its latest Global Top 10 chart, showing the most viewed shows and films on the platform from Dec. 26 to Jan. 1. Under the TV (Non-English) category, Korean star Song Hye-kyo’s drama “The Glory” debuted at No. 3 with 25.41 million hours viewed. Netflix Global Top 10 for Dec....
The Communication, Navigation and Surveillance for Air Traffic Management (CNS/ATM) system at the Ninoy Aquino International Airport (NAIA) was disabled by a power outage at around 9:50 a.m. on New Year’s Day, Jan. 1, triggering the cancellation of some 300 flights affecting around 56,000...
OF TREES AND FOREST Former Senate President Manny Villar It’s a brand new year and I feel very optimistic about the direction of our country. The first six months of the new government has shown that our new President is serious about implementing a plan to sustain our economic recovery. On a...
THE RIGHT MOVE Dismay recently replaced hope that the country’s economy is on the road to bouncing back through tourism, one of the Philippines’ biggest economic stimulators. As thousands of tourists and balikbayans made an influx to the Philippines during the holidays, tens of thousands...
THE VIEW FROM RIZAL DR. JUN YNARES Last December 2022, research organizations published the results of a survey that it conducted in late October. The major finding of that survey was both elating and puzzling. According to OCTA Research, some 51 percent of Filipinos believe that life would turn...
Senator Sonny Angara on Tuesday, January 3 said he hopes the Department of Budget and Management (DBM) will prioritize the modernization of the country’s airports following the New Year’s Day airspace shutdown fiasco at the Ninoy Aquino International Airport (NAIA). Angara recalled Congress...
The Association of Boxing Alliances in the Philippines (ABAP) is sending eight up-and-coming fighters to compete in the ASBC Asian Under-22 Championships slated on Jan. 16 to 27 in Bangkok, Thailand. This would be the first international stint in the association’s busy calendar year both for...
The strengthening of the peso against the US dollar in November helped soften the rise in government debt, the Bureau of the Treasury reported. Based on the Treasury report on Tuesday, Jan. 3, the outstanding debt of the national government stood at P13.644 trillion at end-November, up by a...
The proposed 44.8-hectare New Clark City Central Park has recently bagged the SEMEC Gold Award for the Analysis and Planning Category of the 2022 Singapore Landscape Architecture Awards. The award, which recognizes the New Clark City Central Park’s sustainable and inclusive design, was presented...
