High-speed fiber broadband provider Converge ICT Solutions Inc. is about to complete its national fiber backbone as it installs 1,800 kilometers of submarine sea cables connecting Visayas and Mindanao this month. “We started Converge nine years ago with a dream to bring the world’s best...
The Bangko Sentral ng Pilipinas (BSP) has increased the number of national IDs it will print this year to 70 million from the previous target of 45 million, according to its highest-ranking official. “BSP is committed to deliver the card volume requirements of the PSA (Philippine Statistics...
Philippine National Bank reported a 17 percent growth in net profit before provisions for impairment and taxes of P17.6 billion last year due to continued improvement on net interest income and robust trading gains amid the pandemic. However, the bank disclosed to the Philippine Stock Exchange...
Centro Escolar University performing groups took on the virtual stage for a concert titled “Magsimula Ka!” in celebration of the National Arts Month on February 27, 2021, led nationwide by the National Commission on Culture and the Arts (NCCA). The CEU Folk Dance Troupe, CEU Concert Band, CEU...
Philippine National Police (PNP) Chief General Debold Sinas should be investigated for allegedly violating COVID-19 protocols again, this time when he visited Oriental Mindoro last week. Sen. Panfilo “Ping” Lacson, a former PNP chief, said it is only proper to investigate Sinas’ supposed...
The Senate Committee on Public Order and Dangerous Drugs has decided to postpone anew its investigation into the fatal misencounter between operatives of the Philippine Drug Enforcement Agency (PDEA) and the Philippine National Police (PNP). (Senate of the Philippines / FILE PHOTO) Senator Ronald...
Vice President Leni Robredo found the new policy against the public display of affection (PDA) among couples funny, saying this may just end up like the short-lived motorcycle barriers. Robredo made the statement after the Philippine National Police (PNP) said police officers will now call out...
Anthony “AG” Gonzales and Kristine del Rosario-Gonzales did more than what was expected of them as parents—all for their daughter Agatha who joined their school’s beauty pageant online. As a result of their unwavering support, the nine-year-old grade four student of Veritas Catholic School...
Senator Risa Hontiveros is now pushing for a measure seeking to create the Philippine Geriatric Center, “one-stop” dedicated public hospital that would provide free medical services to the country’s growing number of senior citizens in the country. Sen. Risa Hontiveros (Senate of the...
Foreign direct investments (FDI) last year dropped 24.6 percent to a net inflow of $6.542 billion from $8.671 billion in 2019, but it was more than the Bangko Sentral ng Pilipinas’ (BSP) $6-billion projection for 2020. “The disruptive impact of the pandemic on global supply chains and the weak...
The Philippine Chamber of Commerce and Industry (PCCI) is working on formulating strategies to provide e-mediation services for both business and consumers as part of its effort to support the country’s e-commerce roadmap. PCCI Chair Ma. Alegria “Bing” Sibal Limjoco PCCI Chair Ma....
The Duterte Administration has raised P463.3 billion from the latest offering of retail bonds targeted at local small investors, the Bureau of the Treasury announced on Thursday, March 4. National Treasurer Rosalia de Leon said that P411.8 billion of the total proceeds will be used for the...
