The Financial Executives Institute of the Philippines (FINEX) expressed opposition to the Senate majority bloc’s attempt to railroad an amendment to the chamber’s rules that would allow senators to vote remotely. FINEX, whose members include some of the country’s top financial executives,...
Senator Risa Hontiveros, on Wednesday, May 27, rejected comparisons between the Senate majority’s current push for videoconferencing in Senate proceedings and a 2021 appeal that sought former senator Leila de Lima 's participation while she was detained. In a statement, Hontiveros said the...
Senator Rodante Marcoleta denied accusations that the majority bloc was railroading a proposed amendment to the rules that would allow online participation in Senate proceedings, following a walkout staged by minority senators during plenary debates. Speaking to reporters after plenary session on...
Senator Panfilo “Ping” Lacson on Wednesday, May 27 criticized what he described as a “condescending” remark directed at Senator Risa Hontiveros during a heated clash over a motion allowing online participation in plenary proceedings. In a post on X, Lacson took issue with a fellow...
Members of the minority bloc walked out towards the end of the plenary session on Tuesday, May 26, after a tense argument over the proposal of Senator Rodante Marcoleta to amend the Senate rules and allow senators to participate in plenary sessions online. It was Marcoleta who proposed the...
Senator Juan Miguel "Migz" Zubiri apologized to the family of the late entertainment icon Inday Badiday after her name was used to illustrate the situation during Monday 's plenary session, May 26. This was during a motion he made to strike from the record the "propaganda" video presentation...
The Armed Forces of the Philippines (AFP) on Tuesday, May 26, signaled a broader push to strengthen the country’s coastal defense capability as President Ferdinand Marcos Jr. left for a four-day state visit to Japan that is expected to deepen Manila and Tokyo’s security ties. AFP spokesperson...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
Local demand for cement is projected to decline this year as construction of government projects slows amid a tighter spending plan following a massive corruption scandal, according to the Cement Manufacturers Association of the Philippines Inc. (CeMAP). CeMAP president John Reinier Dizon said the...
In many sari-sari stores, a familiar sign reads: “Your credit is good, but we need cash.” While it may sound humorous, this statement reflects a practical truth in the business world—whether for a small enterprise or a large conglomerate: cash flow determines a business’s survival. Profit...
For its 21st edition, Virgin Labfest is going all the way with its theme, “Hubo’t Hubad.” Hubo’t hubad’s literal translation is to be completely naked. When one is stripped down to their bare skin, they are fully presented and have nothing to hide. Similar to how this year’s 12 selected...
