In recognition of the farmers' vital contribution to ensure the country's food supply, President Marcos led the distribution of 2,867 hectares of agricultural lands to agrarian reform beneficiaries (ARBs) in the Central Visayas Region in a ceremony in Dumaguete City in Negros Oriental on Monday,...
President Marcos urged the government’s uniformed forces to develop the skills and knowledge necessary to fight new forms of warfare, particularly in the digital space. President Ferdinand ‘Bongbong’ Marcos Jr. (Malacañang photo) Marcos said this during his Talk to the Troops of the 4th...
The Social Security System and Government Service Insurance System could buy the shares of Subic-Clark-Tarlac Expressway to benefit their pension funds, according to Finance Secretary Ralph G. Recto. Recto told reporters on Tuesday that the government has plans for the SCTEX including selling some...
The Department of Energy (DOE) is counting on the commercial fruition of roughly 13,000 megawatts (MW) of committed power projects for the country to ultimately get out from the ‘wobbly state’ of its electricity supply. As explained, committed capacity would refer to projects that are already...
Security Bank Corporation posted an 11 percent year-on-year improvement in net profit to P2.6 billion in the first quarter of 2024, reflecting growth in its retail and MSME businesses. In a disclosure to the Philippine Stock Exchange, the bank said total revenues increased 27 percent to P12.5...
The Social Security System (SSS) announced that its net revenues for the first three months of the year increased by 60 percent. In a proactive effort to reach its goal of P100 billion in total net income for this year, SSS said that the overall net revenues for the first quarter valued at P33.9...
State-run Social Security System (SSS) is urging seafarers to aim for a minimum of 10 years' worth of monthly contributions in order to qualify for a lifelong monthly pension after retirement. Rolando Ledesma Macasaet, SSS president and chief executive officer, said that seafarers are entitled to...
Security Bank Corporation has issued $400 million of 5.50 percent Senior Unsecured Fixed Rate Notes due May 14, 2029 as a drawdown of its Board approved $1 billion Medium Term Note Program. In a disclosure the Philippine Stock Exchange, the bank said the transaction was announced on the back of a...
Security Bank Corporation is planning to raise fresh funds through the issuance of US dollar-denominated senior unsecured notes and is probing the debt market to gauge its interest in the securities. In a disclosure to the Philippine Stock Exchange, the bank said it has mandated MUFG and UBS...
China is planning to build a structure near the Pag-asa Island in the West Philippine Sea in a desperate bid to reverse the ruling of the United Nations Tribunal which rejected its claim to almost all parts of the South China Sea, the National Security Council (NSC) disclosed on Sunday, May 5. This...
The Philippine military had supposedly entered early this year into an agreement with China over the South China Sea, the Chinese embassy in Manila claimed Saturday, May 4. The embassy said that Armed Forces of the Philippines (AFP) Western Command agreed to a "new model" on the management of...
Social Security System (SSS) President and Chief Executive Officer Rolando Ledesma Macasaet (left) points out toconstruction company personnel their unremitted contributions in Barangay Teacher’s Village East, Quezon City. Social Security System (SSS) President and Chief Executive Officer...
