Eight individuals were arrested and three unlicensed .45-caliber pistols were seized when the Quezon City Police District (QCPD) raided an illegal billiard betting den inside Commonwealth Market on Monday, April 20. QCPD operatives conducted the operation following surveillance of reported illegal...
ILOILO CITY – Bayan Muna Panay has called out former Sen. Franklin Drilon for telling fellow Ilonggos to prove that Iloilo City is worthy of the P3-billion redevelopment of two public markets – the Iloilo Central Market and the Iloilo Terminal Market – by a prominent property developer....
Power rates in Luzon may see an increase this month, as its average spot market price posted the highest jump among the three regions due to the power supply-demand imbalance experienced in March. In a media briefing on Wednesday, April 8, Independent Electricity Market Operator of the...
Ayala-led renewable energy (RE) firm ACEN Corp. remains the largest retail electricity supplier (RES) in the market, having taken over the majority of the franchise area of Manila Electric Co. (Meralco). According to Philippine Electricity Market Corp. (PEMC), ACEN’s RES arm captured 71 percent...
The government should address persistent competition barriers in the retail electricity market to widen consumers’ ability to purchase power from their preferred suppliers, according to the antitrust watchdog Philippine Competition Commission (PCC). In a statement on Monday, April 6, the PCC said...
Philippine manufacturing growth slowed in March as input prices spiked amid rising energy costs tied to the war in the Middle East. In a report on Wednesday, April 1, S&P Global said the Philippines ’ purchasing managers’ index (PMI) eased to 51.3 last month from 54.6 in February, signaling a...
Residential property prices posted their slowest inflation rate in nearly seven years, or since before the Covid-19 pandemic, as Filipinos stepped on the brakes on borrowing from banks to purchase housing amid tighter lending standards. “Residential property prices in the Philippines continued to...
LEGAZPI CITY – The Department of Agriculture (DA) is investigating the implementation of a farm-to-market road project intended to improve market access for farmers and reduce post-harvest losses in an agricultural town in Albay. Agriculture Secretary Francisco Tiu Laurel Jr. on Monday inspected...
DAVAO CITY – The city government kicked off their Davao Market Experience Familiarization Tour on Wednesday, March 18, offering tourists a first-hand look into the city’s food culture at Bankerohan Public Market. The tour, designed to engage all five senses, allowed participants to see vibrant...
Many Filipinos experienced temporary unemployment and reduced working hours after the holiday season as seasonal jobs ended, but formal wage and salary employment continued to grow, the Department of Labor and Employment (DOLE) said. In a statement, the department said the rise in unemployment...
The Netflix K-drama series “Boyfriend on Demand,” starring BLACKPINK’s Jisoo and South Korean actor Seo In-guk, has given the tourism industry in Cebu a global boost, the Department of Tourism (DOT) said Tuesday, Mar. 10. DOT Secretary Christina Garcia-Frasco said the series highlights...
The Department of Tourism (DOT) is intensifying promotions in South Korea to secure the Philippines’ spot as the preferred destination for Korean travelers. DOT Secretary Christina Garcia Frasco said the campaign combines airline deals, partnerships with 15 major travel agencies, outdoor and...
