Despite sealing deals to acquire the stakes of its fellow shareholders in the Philippine Dealing System Holdings Corporation (PDSHC), the Philippine Stock Exchange (PSE) will still be more than 20 percent shy of its target of full ownership of the fixed-income bourse owner. In a disclosure, the PSE...
(Front to back) BRP Ramon Alcaraz and USS Mobile sail together in the West Philippine Sea on July 31, 2024 as part of the Philippines-United States maritime cooperative activity (MCA). (Photo: Armed Forces of the Philippines) The Armed Forces of the Philippines (AFP) welcomed Tuesday, Feb. 25, the...
The Energy Regulatory Commission (ERC) announced that it has deferred six capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). In a decision posted on Feb. 24, the ERC cited pending issues that needed to be addressed before approving the NGCP projects....
Lebron Jhames Daep took command as Perpetual scored an 86-80 win over Mapua in the opening of the NCAA Season 100 junior's basketball tournament at the FilOil EcoOil Center in San Juan City on Monday, Feb. 24. Lebron Jhames Daep The 6-foot-7 center put up a near double-double performance of 20...
The National Grid Corporation of the Philippines (NGCP) has won its arbitration case against the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Transmission Corporation (TransCo) regarding prepayment validity. In a disclosure to the Philippine Stock Exchange on...
A total of 264 money laundering cases had been brought before the trial courts since 2021 with 185 of them filed in 2024, the Department of Justice (DOJ) said on Monday, Feb. 24. Of the 794 persons accused in the cases, the DOJ said that six of them had been convicted of 114 counts of terrorism...
Former Senate President Franklin M. Drilon on Sunday, February 23 reiterated that the power to convene Congress for a special session rests solely with the President. Congress without a special session, cannot meet to act on the impeachment complaints against Vice President Sara Duterte,...
The Department of Justice (DOJ) on Sunday, Feb. 23, welcomed the removal of the Philippines from the “grey list” of the Financial Action Task Force (FATF), the global anti-money laundering watchdog. “The removal of the Philippines from the said list means that it has completed its...
The shear line, the northeast monsoon—locally known as "amihan"—and the easterlies are expected to bring cloudy skies with scattered rain showers to parts of Luzon and the Visayas on Sunday, Feb. 23, according to the Philippine Atmospheric, Geophysical, and Astronomical Services...
Senator Joel Villanueva hailed the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” that is poised to rake in financial and economic benefits for the country. On Friday, Feb. 21 (Paris time), the FATF, a global anti-money laundering watchdog,...
Military personnel and local villagers buy rice and other products at the "Kadiwa ng Pangulo" in Camp Aguinaldo, Quezon City on Feb. 21, 2025. (Photo: AFP) The “Kadiwa ng Pangulo” (KNP), a government initiative that offers agricultural products and other basic necessities to the public at an...
PNP Chief Police General Rommel Marbil (left) and Agriculture Secretary Francisco Tiu Laurel (right) lead the ribbon-cutting ceremony for the launch of the Kadiwa store at Camp Crame (PNP photo) The Department of Agriculture (DA) has partnered with the Philippine National Police (PNP) and...