At the media event to announce the run of "Master Class," which opens on May 15 at the Carlos P. Romulo Auditorium, RCBC Plaza for three weekends, Director Jaime Del Mundo was very clear in making the point that this play is for those who believe that art is necessary in our lives - as well as for...
With Iran announcing the reopening of the Strait of Hormuz and a possible war deal finally taking shape, the Philippine government’s so-called “energy emergency response” now appears to be a dithering strategy. It looks more like the state sprinted into a trap door—akin to buying a fire...
The Securities and Exchange Commission (SEC) has warned the public against transacting with three individuals and entities engaged in unauthorized investment schemes, financing, and lending activities. In separate advisories, the SEC alerted the public against Marexx Gadgets and Accessories Shop, a...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) has successfully raised ₱35 billion from the issuance of Series F Association of Southeast Asian Nations (ASEAN) sustainability peso-denominated fixed-rate bonds, its largest peso bond issuance to date and seven times the base offer of ₱5...
For failure to file a timely protest on the Bureau of Internal Revenue’s (BIR) tax assessment, the Court of Tax Appeals (CTA) affirmed the P65.8 million in internal revenue taxes for 2017 levied against Sirawai Plywood and Lumber Corporation based in Zamboanga del Norte. In its March 31, 2026...
The Bureau of Internal Revenue (BIR) has authorized Philippine National Oil Co.-Exploration Corp. (PNOC-EC) to bypass standard customs delays for emergency fuel shipments to stabilize the nation’s energy supply amid worsening domestic crunch. In a statement on Monday, March 30, BIR Commissioner...
Senator Sherwin Gatchalian urged government agencies on Thursday, March 26, to act swiftly to secure additional petroleum supplies amid growing uncertainty in the global market. Gatchalian said this during the second organizational meeting, specifically calling on the Department of Energy (DOE)...
Philippine Geothermal Production Co. (PGPC), the renewable energy arm of SM Investments Corp., is accelerating development of its domestic steam fields to buffer the Philippines from volatile global energy prices as conflict in the Middle East threatens fuel supply chains. In a briefing on Tuesday,...
Senator Loren Legarda, on Tuesday, March 24, expressed frustration with the Department of Energy (DOE) over its reasoning in being unable to secure congressional approval for the use of supplemental funds by the Philippine National Oil Company (PNOC). During the first organizational meeting of the...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) has closed the public offer for its series F Association of Southeast Asian Nations (ASEAN) sustainability peso-denominated bonds a week early, indicating that the minimum ₱5-billion issuance was oversubscribed. The bank disclosed to the Philippine...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) has launched the offer of its series F Association of Southeast Asian Nations (ASEAN) sustainability peso-denominated bonds, aiming to raise at least ₱5 billion with an oversubscription option as it continues to diversify its funding sources. In a...
Infra and utilities conglomerate Metro Pacific Investments Corp. (MPIC) intends to continue investing in infrastructure despite uncertainties and challenges posed by the war in the Middle East, laying the groundwork for more growth after sustaining record performance last year. “The global...
