Senators on Monday, January 29 lauded the Commission on Elections’ (Comelec) move to come up with an en banc resolution to suspend all proceedings on the People’s Initiative (PI) to amend the 1987 Constitution. Wearing a maroon armband, Senate President Juan Miguel “Migz” Zubiri, in a...
Union Bank of the Philippines (UnionBank), the banking unit of the Aboitiz Group, is planning to raise P10 billion from a stock rights offering even as it reported a 28 percent drop in net income last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its Board of Directors...
The Catholic Bishops' Conference of the Philippines (CBCP) announced on Monday, Jan. 29, that Pope Francis has bestowed the title of minor basilica on St. John the Baptist Parish Church in Rizal province. Photo from Saint John the Baptist Parish Church The diocese announced the Vatican decision on...
After a general meeting with employees, the management of Nine Media Corporation (NMC) formally announced that it is shutting down CNN Philippines due to losses it had been incurring for years. In a statement, the firm said it will discontinue the news and production operations of CNN Philippines...
Senators on Monday, January 29 derided a remark made by a House lawmaker who claimed that they are opposed to Charter change due to their unwillingness to leave their comfort zones. On Sunday, Surigao del Norte 2nd District Rep. Robert Ace Barbers criticized some senators who...
The Catholic Bishops' Conference of the Philippines (CBCP) announced on Monday, Jan. 29, that Antipolo Auxiliary Bishop Nolly Buco has been appointed head of a Church office in the Philippines that deals with the nullity of marriages. Auxiliary Bishop Nolly Buco (Photo from CBCP) Also referred to...
Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
House Speaker Martin Romualdez and all other lawmakers at the House of Representatives who are bent on pushing amendments to the 1987 Constitution are welcome to attend the Senate’s inquiry into the ongoing People’s Initiative (PI) signature campaign drive. Sen. Imee Marcos,...
The Senate is more inclined to focus on matters that are urgent than to give priority to the ongoing moves to amend the 1987 Constitution through a People’s Initiative (PI). Sen. Grace Poe pointed this out as she renewed her call for the public to shun the ongoing signature campaign on...
The Bureau of the Treasury is set to disburse the P75 billion seed capital to the Maharlika Investment Corp. (MIC) sourced from the Land Bank of the Philippines and the Development Bank of the Philippines (DBP). This decision comes following the approval by the MIC Board, chaired by Finance...
The National Grid Corporation of the Philippines (NGCP) celebrated the completion of the Mindanao-Visayas Interconnection by turning on the power in Manila, Cebu, and Lanao del Norte at the same time, marking the start of full commercial operations for the interconnection. The NGCP conducted a...
President Marcos has called on the country's energy players to ensure reliable power supply and prevent a recurrence of the Panay Island blackout that happened early this year, as this will lead to economic losses. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo) Marcos said this as...
