Lopez Holdings Corporation reported a 27 percent growth in attributable net income to P5.21 billion for the first nine months of 2023 from the P4.12 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the unaudited consolidated...
Approved foreign investment pledges in the third-quarter of the year more than doubled, data from the Philippine Statistics Authority (PSA) showed. Total foreign investment commitments approved by investment promotion agencies (IPAs) increased by 109 percent to P27.3 billion in July to September...
A Philippine Coast Guard vessel is blocked by a China Coast Guard ship while on a resupply mission in Ayungin Shoal on Oct. 4, 2023. (Screenshot courtesy of Office of Senate President Juan Miguel Zubiri) The Philippine Coast Guard (PCG) on Tuesday, Nov. 14, expressed appreciation to the Senate for...
Growth in the bulk prices of general goods slowed in September this year as food price growth eased, the Philippine Statistics Authority (PSA) reported. Based on the PSA data, the General Wholesale Price Index (GWPI) in the country dropped to 4.4 percent from 5.0 percent in August. It is also lower...
Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook) Camarines Sur 2nd district Rep. LRay Villafuerte has branded the China Coast Guard's (CCG) state of activities in the West Philippine Sea (WPS) as a "serious escalation of the illegal activities...
Precious freedom! Free at last! These were the words first said by former senator Leila de Lima as she walked out of the Custodial Center of the Philippine National Police (PNP) at Camp Crame on Monday night, Nov. 13. Police have started processing the release of de Lima after receiving the order...
The Philippine National Police (PNP) is now preparing for the release of former senator Leila de Lima after a Muntinlupa court handling the remaining drug case filed against her allowed her to post bail. PNP spokesperson Col. Jean Fajardo said that once a release order was issued by the court, they...
A police major assigned in Batangas and three civilians are now facing criminal charges in connection with the disappearance of a beauty pageant candidate, the Philippine National Police (PNP) said on Monday, Nov, 13. PNP spokesperson Col. Jean Fajardo said a case of kidnapping and serious illegal...
Ayala-led Bank of the Philippine Islands (BPI) has increased its final bond sale offer to P36 billion from the initial P5 billion value due to “strong investor demand.” In a disclosure to the Philippine Stock Exchange (PSE), the bank issued and listed the P36 billion 1.5 year peso fixed-rate...
Senator Jinggoy Ejercito Estrada on Monday, November 13 urged the Department of Foreign Affairs (DFA) to direct the Philippine ambassador to China to return to the country for consultation on the West Philippine Sea. “Given the recurring acts of aggression against our countrymen in...
Military and police personnel from the Northern Luzon Command (NOLCOM) and Police Regional Office in Cordillera (PRO-COR) pose for a photo during the launching of a joint exercise between the Armed Forces of the Philippines and Philippine National Police (PNP) in La Trinidad, Benguet on Nov. 10,...
Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
