The Department of Trade and Industry (DTI) has exceeded its 2024 investment targets, reaching a total of P1.834 trillion in investments from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA). According to the DTI, the major factors behind this achievement include...
Upgrading the Philippine currency ensures that every hard-earned peso, whether saved or invested, stays safe, President Marcos said. "By upgrading our currency, we are making sure that every hard-earned peso stays safe, whether it is saved, whether it is spent, or whether it is invested," Marcos...
The Bangko Sentral ng Pilipinas (BSP) has introduced the First Philippine Polymer (FPP) Banknote Series featuring enhanced security and durability, which will be available in circulation starting the first quarter of 2025. On Thursday, Dec. 19, President Ferdinand R. Marcos Jr. led the unveiling of...
The local stock market dropped below the 6,400 level after the US Federal Reserve signaled a slower pace of rate cuts next year. The main index fell 73.48 points or 1.14 percent to close at 6,395.60 with the Mining and Oil sector suffering the biggest loss. Volume grew to 595 million shares worth...
The Sy family’s SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, plans to raise up to P25 billion from the issuance of triple-A-rated bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said Philippine Rating Services Corporation (PhilRatings)...
Newly-reelected president Abraham “Bambol” Tolentino will call to order the new set of members of the Philippine Olympic Committee (POC) Executive Board on Jan. 9 and after that the first General Assembly of the new year will only be a week later on Jan. 15. POC president Abraham “Bambol”...
President Marcos has reminded the Philippine Air Force (PAF) to remain vigilant as complacency will endanger the safety and welfare of the country and its people. CHANGE OF COMMAND — President Ferdinand 'Bongbong' Marcos Jr. leads the Philippine Air Force (PAF) change of command with outgoing PAF...
The local stock market dropped further as the peso weakened prior to expected rate cuts in the US and by the Bangko Sentral ng Pilipinas. The main index lost 32.63 points or 0.50 percent to close at 6,469.08 as Banks continue to lead the retreat while Industrials and Services bounced. Volume was...
AFP Chief, General Romeo Brawner Jr. visits military personnel at Fort Magsaysay in Nueva Ecija from Dec. 16 to 17, 2024 as part of his personal tradition to spend the Christmas season with the troops on the ground. (Photo: AFP) Since he became the Chief of Staff of the Armed Forces of the...
The Philippine Sports Commission formalized its partnership with the Department of Public Works and Highways that is intended to establish multiple infrastructures in providing the best quality for the welfare of national athletes. PSC and DPWH - NCR signed the memorandum of agreement at the RMSC's...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (House of Representatives’ Facebook) Let it be heard around the world. This was the call of Surigao del Norte 2nd district Rep. Robert Ace Barbers as he urged Filipinos to unite in...
Gen. Rommel Francisco Marbil, chief of the Philippine National Police (PNP), vowed on Wednesday, Dec. 18, to intensify the campaign against agricultural smuggling and hoarding, particularly rice. Marbil said the continuous efforts to run after smugglers, hoarders and profiteers of agricultural...
