The local stock market started the week on a positive note and followed up on last Friday’s gains as investor sentiment continued to recover from the knee-jerk reaction to the Omicron variant. The main index rose 75.55 points or 1.07 percent to close at 7,130.74 as the Services sector led the...
The House of Representatives on Monday, Dec. 6 approved on third and final reading the proposed Philippine Maritime Zones Act that will establish the country’s legal rights to conduct social, economic, commercial and other activities in the covered areas. Zamboanga Sibugay Rep. Ann Hofer With 188...
The Chinese Coast Guard’s blocking and firing of water cannon on local supply boats headed to Ayungin (Second Thomas) Shoal last month will not trigger the Mutual Defense Treaty (MDT) between the United States and the Philippines, the Chief of Staff of the Armed Forces of the Philippines (AFP)...
The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...