The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
The date was already set for the turnover of command but will there be a new chief of the Philippine National Police (PNP) on March 27? For Interior and Local Government Secretary Benjamin “Benhur” Abalos, Jr., the discussion between him and President Marcos as to who would replace Police...
US Secretary of State Antony J. Blinken (File photo) United States (US) State Secretary Antony J. Blinken’s visit to the Philippines will help Manila maintain a rules-based order in the South China Sea. Commodore Roy Vincent Trinidad, PN spokesperson for West Philippine Sea, made the remark on...
The Lopez Group’s Energy Development Corporation (EDC) is planning to raise up to P10 billion from a planned ASEAN Green Bond issuance to fund its expansion plans. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue Credit Rating of PRS Aaa, with a Stable...
Surigao del Norte 2nd district Rep. Robert Ace Barbers (Ellson Quismorio/ MANILA BULLETIN) Don't look now, but Chinese nationals were able to operate within the Philippine Coast Guard (PCG) for the past two to three years--or maybe even...
The local stock market inched up as investors continued to wait for the results of the US Federal Reserve meeting. The main index added 8.34 points or 0.12 percent to close at 6,856.77 as sectoral indices were evenly divided with the Services counter chalking the biggest gain. Volume rose to 786...
Zobel-controlled Bank of the Philippine Islands (BPI) has raised $400 million by successfully tapping the international capital markets with a public US-dollar bond issuance for the first time since 2019. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its offering of...
"This is not poking the bear." The Philippines' efforts to defend its territory are not "poking the bear" as the country will keep off from causing any conflict in the South China Sea even after President Marcos claimed that the threat in the disputed waters has grown. "We want to do everything we...
The Philippine National Police (PNP) will be deploying around 7,000 tourist policemen to secure popular tourist destinations across the country in anticipation of the influx of people during the Holy Week break. PNP spokesperson Col. Jean Fajardo said the tourist cops are part of the total of...
The Philippine Red Cross (PRC) on Tuesday, March 19, assured that it will stay firm in reaching out to communities in the country particularly the remote areas and the ones struck down by catastrophic events by assisting them with their medical needs. (Philippine Red Cross) PRC...
The local stock market dipped slightly as investors turned cautious ahead of the release of US economic data. The main index shed 4.86 points or 0.07 percent to close at 6,848.43 as Miners led the decline while Banks and Property firms advanced. Volume was firm at 897 million shares worth P5.79...
The country is facing a challenge in meeting the increasing demand for coffee amid limited local production, the Philippine Coffee Board, Inc. said. Coffee Board President Pacita “Chit” Juan shared that the country’s demand for coffee is around 150,000 to 200,000 metric tons (MT), however,...