Just two months after its P6 billion bond issuance, property developer DoubleDragon Corporation is planning to raise P4 billion through the offering of bonds from the second tranche of its P10 billion shelf registered bonds program. For this planned issuance, Philippine Rating Services Corporation...
An official from the Philippine Coast Guard (PCG) has expressed doubt over Shiela Guo's story that she fled the Phillippines by boat together with Alice Guo and Wesley Guo, noting the multiple inconveniences they could have encountered while at sea. Senator Raffy Tulfo presides over the public...
The integration of energy storage system in the forthcoming batch of renewable energy (RE) capacity auction will hike estimated reserve prices by P5.00 to P6.00 per kilowatt hour (kWh), according to the Department of Energy. Energy Undersecretary Rowena Cristina Guevara told reporters that the...
The Department of Finance (DOF) said that President Marcos will soon sign the law imposing value-added tax (VAT) on foreign digital service providers, such as Netflix. During a Senate Finance subcommittee hearing on Tuesday, Aug. 27, Finance Secretary Ralph G. Recto said the DOF and the Bureau of...
Senator Raffy Tulfo was surprised to find out that some breathalyzers that cost P68,000 each were returned to the Land Transportation Office (LTO) after being discovered defective. Sen. Raffy Tulfo expresses his concern over the increasing incidence of drunk driving in the country. In a public...
A deep sea diver successfully installs a flange valve plate onto the surface of a tank onboard sunken tanker MTKR Terranova as part of initial siphoning operations on Aug. 11, 2024. (Photo: Harbor Star Shipping Services, Inc. via PCG) The full-blown siphoning operation to drain 1.4 million liters...
Senator Raffy Tulfo aired his belief that the so-called incentives or commissions attained from every traffic violation ticket issued should be discontinued because it opens doors to corruption. Sen. Raffy Tulfo presides over the Committee on Public Services hearing to discuss a proposed measure...
There’s still no way out for many consumers on upturn in their electric bills, as the pass-on tariff of power utility giant Manila Electric Company (Meralco) will slightly go up by P0.0327 per kilowatt hour (kWh) in this August billing cycle. Following that upward adjustment, the overall rate to...
Philippine Coast Guard Auuxiliary (PCGA) members prepare improvised oil spill booms to contain the leak from the sunken motor tanker MT Terranova. The tanker sank off Limay, Bataan on July 25. The underwater leaks discovered by divers from the Philippine Coast Guard (PCG) and a maritime service...
Recognizing the importance of maintaining a healthy workforce to ensure the continued delivery of education services, Education Secretary Sonny Angara announced on Monday, July 22, that he plans to hire at least one doctor for each office of the Department of Education (DepEd). DepEd Central Office...
With more time on her hands after leaving the Department of Education (DepEd), Vice President Sara Duterte said she plans to focus on the underserved areas in the country to bring social services there. Vice President Sara Duterte and new Education Secretary Sonny Angara during the turnover...
West Zone concessionaire Maynilad Water Services, Inc. plans to invest over half a billion pesos to enhance its water storage capacity by constructing a raw water reservoir. In a statement, Maynilad said it allocated over P686 million to transform the sludge lagoons within La Mesa Compound into an...
