After more than 20 years, the Securities and Exchange Commission (SEC) has finally secured the conviction of a stock broker involved the manipulation of the price of Best World Resources Corporation (BW) that started in October 1998. In a statement, the SEC said it has secured a fifth conviction...
Coconut products exporter Axelum Resources Corporation reported a 21 percent growth in net income to P146 million in the first quarter of 2021 from the P121 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said sales rose 22 percent to P1.47...
Executive Order No. 13 0 The government has formally repealed the ban on open-pit mining method in the country, at least based on draft implementing rules and regulations (IRR) of Executive Order (EO) 130. Based on the draft of the three-page IRR, the government repealed, amended, and...
The financial system’s total resources increased to P24.08 trillion as of end-March, up by 5.46 percent from same period last year of P22.84 trillion, based on Bangko Sentral ng Pilipinas (BSP) data. Of the total figure, banks have P20.03 trillion of total resources, up by 6.64 percent...
Beware of individuals posing as researchers only to harvest giant clams for illicit trade. CLAMMY HANDS? -- A Philippine Coast Guard (PCG) diver carefully re-seeds a giant clam on March 11, 2021. (FILE PHOTO) This was the warning of Department of Environment and Natural Resources (DENR) Secretary...
San Miguel Corporation (SMC) has committed to spend P1 billion for the cleanup of the Pasig River – touted as the boldest and most recent attempt at reviving the biologically inactive river. In partnership with the Department of Environment and Natural Resources (DENR), SMC said the cleanup...
Coastal waters in 10 areas in the country remained positive for toxic red tide, the Bureau of Fisheries and Aquatic Resources (BFAR) said on Wednesday, May 12. (Photo courtesy of the Bureau of Fisheries and Aquatic Resources) The affected areas include the coastal waters of Puerto Princesa Bay in...
Department of Agriculture (DA) Secretary William Dar admitted Monday, May 10 that the agency "can't please everyone" even as he noted the huge challenges that the local hog industry has faced as a result of the coronavirus disease (COVID-19) pandemic and the African Swine Flu (ASF) problem....
Senator Risa Hontiveros on Thursday applauded the Philippine Coast Guard (PCG) and the Bureau of Fisheries and Aquatic Resources (BFAR) for bravely driving out Chinese maritime militia vessels at the Sabina Shoal in the West Philippine Sea. “I would like to applaud the PCG and BFAR for...
The Philippine government’s failure to address the illegal, unreported and unregulated (IUU) fishing in the West Philippine Sea (WPS) is resulting in billions worth of losses in terms of fish catch and revenues. Asis Perez, former director of the Bureau of Fisheries and Aquatic Resources (BFAR),...
Six coastal areas in the country have turned out positive for p aralytic s hellfish p oison (PSP), with Puerto Princesa Bay being the most recent coastal water to be infected, the Bureau of Fisheries and Aquatic Resources (BFAR) said. (Photo courtesy of the Bureau of Fisheries and Aquatic...
On World Press Freedom Day, Center for Women's Resources (CWR) highlighted the crucial role of free and independent press in democracy and in the struggle for genuine independence. (Noel Celis/AFP/MANILA BULLETIN) "Center for Women's Resources stands in solidarity with media practitioners and...