A total of 1,000 permanent housing units have been turned over to family-beneficiaries in Pandan, Antique as part of the housing commitment of Task Force Yolanda, task force head and Cabinet Secretary Karlo Nograles said Wednesday, Oct. 13. Cabinet Secretary Karlo Nograles (Photo from Karlo...
The fund management firm of the Manufacturers Life Insurance Co. (Philippines) unveiled a unit investment trust fund (UITF) that seeks to preserve capital and generate income by investing in fixed income securities and deposits. In a statement, Manulife Investment Management Philippines (Manulife...
Amid the rising number of coronavirus disease (COVID-19) cases, the country’s intensive care unit (ICU) utilization rate is currently at a “high risk” level, a health official said Monday, Aug. 30. The Chinese General Hospital in Manila has declared full capacity as COVID-19 cases continue to...
The Insurance Commission (IC) wants to remove variable insurance products from the list of mutual fund schemes to avoid increasing costs for consumers and defeating the goal of financial inclusion for all Filipinos. Sec. Dominguez and Comm. Funa In a letter to Finance Secretary and Capital Market...
In support of the Philippines’ COVID-19 (coronavirus disease 2019) response, the United States Embassy in Manila has turned over 420 intensive care unit (ICU) beds worth P23.9 million ($498,000) to the Department of Health (DOH). United States Embassy Charge d'Affaires John Law (L) and Health...
The decision on whether or not to accept vaccination cards as an alternative entry requirement for fully vaccinated travelers rests with the local government units (LGUs), Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat said. A medical worker administers a Sinovac jab during the...
The coronavirus disease (COVID-19) vaccination of the 100 employees of the Department of Social Welfare and Development (DSWD) who belong to the A4 priority group has already started. DSWD employees belonging to A4 priority group receive their coronavirus disease (COVID-19) vaccines on Wednesday,...
The World Bank has expressed fear that the forthcoming transfer of some national government’s responsibilities to local executives may hamper the delivery of basic services to the public. In a statement released by the Washington-based financial institution on Thursday, June 10, the bank noted...
Lopez-led First Gen Corporation has posted 12-percent decline in earnings to P9.6 billion (US$190 million) in the three quarters of this year vis-à-vis heftier profitability of P11.3 billion (US$217 million) in the same period last year. Within the January-September period, the company noted that...
Lopez-led FGEN LNG Corporation will conclude by the middle of next month the bid process for its planned chartering of a floating storage regasification unit (FSRU) to serve as its interim facility on targeted importation of liquefied natural gas (LNG) starting year 2022. Jonathan C. Russell,...
The Department of Energy (DOE) has approved the construction timeline applied for by FGEN LNG Corporation, a joint venture of Lopez-led First Gen Corporation and Tokyo Gas Co. Ltd., for the US$300 million floating storage regasification unit (FSRU) project so it can bring liquefied natural gas...
This is the reason her fans are inspired to work hard and be better The goal of every marriage is to become better individuals together. It doesn’t hurt also if your partner is proud of you—to the point that they dedicate a post to it. Chito Miranda shared a “flex” in a Facebook post about...