The group of lenders led by the Bankers Association of the Philippines (BAP) is selling a smaller stake in Philippine Dealing System Holdings Corporation (PDSHC) to the Philippine Stock Exchange than the amount earlier targeted. In a disclosure, the PSE said that it has entered into a Share...
The House plenary (Facebook) The House of Representatives overwhelmingly approved on third and final reading during plenary session Tuesday, Jan. 28 a measure enacting a new charter for the Development Bank of the Philippines (DBP)....
Gabriela Party-list Rep. Arlene Brosas (left); President Ferdinand "Bongbong" Marcos Jr. (PPAB, Facebook) Gabriela Party-list Rep. Arlene Brosas is doubtful that Marcos government's deal with privately-owned transmission company...
DAVAO CITY – The National Commission on Indigenous Peoples has urged the public to be vigilant against a bogus group claiming to be the legitimate representative of indigenous peoples groups in the Caraga region. The NCIP issued the statement after a group called the Federal...
Mr. Deng Yuanqing, (second from right), is presented by a National Bureau of Investigation (NBI) agent along with his Filipino cohorts on Jan. 20, 2025 following their arrest in Makati City due to suspected spying activities. (Photo: Armed Forces of the Philippines) The Armed Forces of the...
Members of the Philippine Army and United States Army enhance interoperability during the Balikatan exercise. (Juan Carlo de Vela/MANILA BULLETIN) The Armed Forces of the Philippines (AFP) is optimistic that President Donald Trump's decision to suspend the United States’ foreign development...
Some senators on Tuesday, Jan. 28, have expressed support for Maharlika Investment Corporation's (MIC) bid for a 20-percent stake in the National Grid Corporation of the Philippines (NGCP). MAIDEN INVESTMENT — President Ferdinand 'Bongbong' Marcos Jr. with Maharlika Investment Corp. (MIC)...
Dividends from the Maharlika Investment Corporation (MIC) will not offer relief for the recapitalization of the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP), the head of the sovereign wealth fund stated. During a Jan. 28 press conference,...
The Maharlika Investment Corporation (MIC) has expressed interest in acquiring China's stake in the National Grid Corporation of the Philippines (NGCP), following its recent share acquisition in Synergy Grid and Development Philippines Inc. (SGP). In a briefing on Tuesday, Jan. 28, MIC President...
With 21 affirmative votes, the Senate approved the bill seeking to provide free legal assistance to military and uniformed personnel (MUP) facing charges arising from incidents related to the performance of their duty. Senate Bill No. 2814 or the proposed Free Legal Assistance for...
The Senate has approved the proposed E-Governance Act, which seeks to enhance government operations and promote transparency in state transactions, on third and final reading. Twenty-one senators gave affirmative votes on Senate Bill No. 2781, no negative votes and no abstentions during the...
Following a major investment by the Maharlika Investment Corporation (MIC) in the National Grid Corporation of the Philippines (NGCP), the Department of Energy (DOE) announced that this partnership aims to resolve ongoing delays in transmission and interconnection projects that have long plagued...
