GOVERNANCE MATTERS Former Vice President Jejomar Binay On Good Friday came the shocking news from the Department of Health (DOH) that the number of active COVID-19 cases for the day totalled 15,310. Many experts had predicted this would happen sooner than later, but its announcement on Good Friday...
OF TREES AND FOREST Former Senate President Manny Villar The numbers are disheartening. Last April 2 the country logged a total of 15,310 new COVID-19 cases (3,790 of which were backlogs). The following day the number of new cases was 12,576 which brought our active cases to a staggering 165,715....
Philippine shares rose on the back of record performances of US bourses. PSE file photo The main index jumped 94.96 points or 1.46 percent to close at 6,590.11 as share prices rose across the board, led by the Holding Firms and Industrial counters. Volume remained tepid though at 2.41 billion...
The Philippine Stock Exchange, Inc. (PSE) aims to get more companies to consider raising capital through an initial public offering (IPO) after it relaxed its listing rules. In a statement, the bourse said it has released its Amended Listing Rules which contain relaxed profitability and operating...
Several agriculture lobby groups jointly appealed for President Rodrigo Duterte to withdraw his recommendation to increase the Minimum Access Volume (MAV) for pork by 350,000 metric tons (MT) as this may cause further damage to the local hog industry. The groups also asked Duterte to shelve another...
The local stock market rose as bargain hunters picked up shares late in the session on the back of gains in the US. PSE file photo The main index rose 52.06 points or 0.81 percent to 6,495.15 with only the Property sector retreating. Volume dropped to 1.85 billion shares worth P5.36 billion as...
San Miguel Corporation (SMC) is stepping up its ongoing food assistance program for poor communities affected by stricter quarantine protocols by extending it to nearby provinces beyond Metro Manila such as Cavite and Laguna. In a statement, SMC President Ramon S. Ang said that, as soon as delivery...
The Development Bank of the Philippines (DBP) granted a P100-million revolving credit line to Centro Manufacturing Corporation (CMC) to finance its assembly of truck bodies, automotive parts and accessories. The loan will support the production of 3,000 units of various types of trucks and...
The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend. Photo credit: PSE file. The main index dropped 102.46 points or 1.57 percent to close at 6,443.09 as share prices fell across the board. Volume improved but remained low at 2.4 billion...
Angel Locsin Actress Angel Locsin has reacted once again to a recent statement of President Duterte who revealed about his struggles to manage the pandemic. On Instagram, Locsin shared her two cents about Duterte's "naubos na ang luha ko" remark. "With all due respect to your feelings for our...
GOVERNANCE MATTERS Former Vice President Jejomar Binay Over the weekend, the government placed Metro Manila and four adjacent provinces, what the Inter-Agency Task Force (IATF) refers to as NCR Plus, under Enhanced Community Quarantine (ECQ) status - a softer, benign term for a hard lockdown –...
President Rodrigo Duterte’s recommendation to increase the Minimum Access Volume (MAV) for pork by 350,000 metric tons (MT) will result in losses on the part of consumers and local hog raisers, a group said. In a statement, Samahang Industriya ng Agrikultura (SINAG) Chair Rosendo So said...
