The Commission on Human Rights (CHR) has denounced the reported confiscation of the personal belongings of a photojournalist while he was covering a land dispute in Silang, Cavite last April 20. Citing a report from the National Union of Journalists of the Philippines, the CHR said that...
The Philippines is keen on hosting the Loss and Damage Fund (LDF) Board to secure increased climate financing and wider opportunities for cooperation to effectively tackle the impacts of climate change. In a statement on Tuesday, April 23, Finance Secretary Ralph G. Recto announced that President...
Century Properties Group Inc. (CPG) reported that its strong credit rating of “AA+” has been reaffirmed by Credit Rating and Investors Services Philippines Inc. (CRISP) due to its sustained market position and continued revenue growth. In a statement, CPG said the rating agency stated that...
Sen. Robinhood Padilla vowed to make noise in pushing for the modernization of the Armed Forces of the Philippines (AFP), especially the Philippine Navy, so they can better defend our territory. Padilla mentioned this after visiting Senate employees undergoing the Basic Citizen Military Course...
Senator Risa Hontiveros on Tuesday, April 23 urged the Department of Energy (DOE) to deliver a lastong solution to the recurrent power outages hitting the country during summer season. Hontiveros made the call as electricity demand increased during the summer months and forced the National Grid...
Accounting firm Isla Lipana & Co. issued a statement pointing out that it is the auditor of Maria Francesca Tan (MFT) Group of Companies, Inc. only, and not any other companies under the group. “‘Maria Francesca Tan (MFT) Group of Companies, Inc.’ is our audit client. While the name of...
The Ayala Group’s financial services arm, the 172-year-old Bank of the Philippine Islands (BPI), reported a 25.8 percent growth in its first quarter net income to a record P15.3 billion this year, equivalent to a return on equity of 15.7 percent and return on asset of 2.02 percent. In a...
Senators on Monday, April 22 urged President Ferdinand “Bongbong” Marcos Jr. to ramp up local production even after releasing Administrative Order No. 20 easing the rules on the importation of agricultural products. Sen. Francis “Chiz” Escudero said that while he supports the latest...
The Philippine Stock Exchange (PSE) has approved the planned P10 billion stock rights offering of Aboitiz-led Union Bank of the Philippines which is slated to kick off in May this year. In a disclosure to the PSE, the bank said it is offering about 296.47 million depending on the final offering...
The Commission on Audit (COA) has scored the delay in the construction of the P316.4 million Air Traffic Control (ATC) tower building of the Clark International Airpot (CIA) in Pampanga. In its audit report, COA said that the construction of the ATC buildng was only 60.90 percent complete as of...
Motorists using diesel products can have a smile on their faces when they fill up their tanks; while those with gasoline-fed vehicles will have nothing but frustration on their drive to the gasoline stations this week. Based on the pricing advisories of the oil companies, the price of diesel will...
Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (Facebook) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez didn't mince his words Monday, April 22 as he slammed a group of economists from his alma mater, the University of the Philippines (UP), for...
