Big business has welcomed the clearer investment rules plus enhanced fiscal perks under the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. "CREATE MORE will certainly help improve the global competitiveness of the...
Armed Forces of the Philippines (AFP) personnel carry out a live-fire demonstration as part of the AFP Joint Exercise (AJEX) DAGIT-PA in Aborlan, Palawan from Nov. 9 to 10, 2024. (Photo: AFP) The Armed Forces of the Philippines (AFP) said Monday, Nov. 11, that it has conducted a series of...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
Three distinguished alumni of the University of the Philippines-College of Mass Communication will be honored for their significant contributions to media and communication during the 2024 edition of The Glory Awards on Saturday, Nov. 23, at the UP Film Institute in UPCMC, UP-Diliman, Quezon...
Senators are upbeat that the signing into law of the country’s first maritime zones and archipelagic sea laws will give more teeth to the legal and territorial claim of the Philippines over the West Philippine Sea (WPS). “The two laws will further strengthen our sovereignty and sovereign...
The Independent Electricity Market Operator of the Philippines (IEMOP) is preparing for the launch of the renewable energy (RE) market, aiming to start commercial operations by next month. In a briefing on Thursday, Nov. 7, Arjon Valencia, IEMOP corporate planning and communications manager,...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported an increase in the average electricity prices in October due to a slight hike in demand. During a media briefing on Tuesday, Nov. 5, the IEMOP noted that last month saw a significant increase in the Wholesale...
The Senate has retained the proposed P733-million budget of the Office of the Vice President (OVP) that the House of Representatives earlier approved in its version of the 2025 General Appropriations Bill (GAB). Senator Grace Poe, chairperson of the Senate Committee on Finance,...
The Department of Energy (DOE) along with the Landbank of the Philippines have inked a deal that allows the efficient use of funds that would support host communities, specifically those under the Energy Regulations 1-94 (ER 1-94) Program. The ER 1-94 was made to ensure communities get a reasonable...
Mason Amos buried five triples and helped power La Salle to an 82-71 win over University of the Philippines and into the semis of the PGFlex Linoleum Invitational Tournament on Monday, Nov. 4, at the Paco Arena in Manila. Showing why he was added to the Gilas Pilipinas pool last year, the...
Cebu is fast becoming an emerging force in the Philippine cacao industry since its rich soil and warm climate are ideal for the cultivation of the cacao tree whose seeds are used to make chocolate. As the premier province of Central Visayas, Cebu is benefiting from the global and local demand for...
President Ferdinand Marcos Jr. (left) confers on Philippine Navy (PN) Seaman First Class Underwater Operator Jeffrey Facundo the Order of Lapu-Lapu Rank of Kampilan in a ceremony at the Western Command headquarters, Camp General Artemio Ricarte in Puerto Princesa City, Palawan on June 23, 2024,...
