Aboitiz-led UnionBank of the Philippines has landed among the world's top issuers of digital bonds, according to the ranking of economic think tank Official Monetary and Financial Institutions Forum (OMFIF). In the OMFIF Digital Monetary Institute's Digital Assets 2024 report launched on Sept. 17...
Chinese coast guard, navy, and maritime militia vessels flocked Escoda (Sabina) Shoal in the West Philippine Sea (WPS), the Philippine Navy (PN) disclosed on Tuesday, Sept. 17. The week-long monitoring of the PN from Sept. 10 to 16 revealed that there were 157 Chinese vessels in the WPS, which is...
State-run Land Bank of the Philippines has joined forces with agritech startup SariSuki to improve the agricultural supply chain. Through Landbank’s AgriSenso Lending Program, the partnership aims to empower over 300 small farmers and Agrarian Reform Beneficiaries (ARBs) by providing...
The Korean Cultural Center (KCC) in the Philippines will hold the 2024 Korean Film Festival under the title “Chingu Kita,” which translates to “You are my friend.” This year’s festival, with the friendship theme, is in celebration of the 75th anniversary of friendship between Korea and...
Power system operator and transmission provider National Grid Corporation of the Philippines (NGCP) said it prepared its facilities to mitigate the impact of Tropical Depression “Gener.” In a statement, the NGCP assured that it had readied its communications equipment, hardware materials, and...
As the business process outsourcing (BPO) industry grows in the Philippines, an Australian-based service outsourcing firm aims to expand its job opportunities in the country. The Philippine Economic Zone Authority (PEZA) reported earlier this year that nearly 800 BPO companies were registered in...
The Senate is committed to ensure the passage of the proposed P6.352-trillion national budget for 2025 despite the on-going investigations of the Upper Chamber into issues that are of national interest. Escudero said that even as several committees of the Senate are in the thick of...
The Management Association of the Philippines (MAP) has expressed its support for Energy Regulatory Commission (ERC) chair Monalisa Dimalanta, despite her recent suspension by the Ombudsman. In a statement, MAP elaborated that this temporary suspension would affect the energy sector and consumers...
Senate President Francis “Chiz” Escudero said he is hoping that the impasse between the House of Representatives and Vice President Sara Duterte will end soon in a more favorable note. This, after the House of Representatives committee on appropriations recommended slashing the proposed...
The proposed Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) will help attract more foreign direct investments (FDI) into the Philippines and enhance the country’s economic growth, Sen. Sherwin Gatchalian said. ...
State-run Bases Conversion and Development Authority (BCDA) announced the launch of the country’s first-ever self-driving bus in New Clark City in Capas, Tarlac. The bus service, which utilizes a transportation cloud system called Smart Mobility Operation Cloud (SMOC), will be accessible to the...
Armed Forces of the Philippines (AFP) spokesperson Col. Francel Margareth Padilla speaks during a press conference in Camp Aguinaldo, Quezon City on Sept. 10, 2024. (Photo by Martin A. Sadongdong / MANILA BULLETIN) (Updated) The Armed Forces of the Philippines (AFP) said Tuesday, Sept. 10,...
