Land Bank of the Philippines is poised to overtake the Sy-led BDO Unibank Inc. as the country’s largest bank after President Marcos approved the proposed merger of the two state-owner lenders. Finance Secretary Benjamin E. Diokno said the government will merge the Development Bank of the...
The Department of Budget and Management (DBM) said the Marcos administration would support the modernization of the Bureau of Fire Protection (BFP). Budget Secretary Amenah F. Pangandaman In a statement, Budget Secretary Amenah F. Pangandaman said Tuesday, March 28, that the government has allocated...
The Department of Health (DOH) reported on Monday, March 27, a total of 1,298 new Covid-19 cases that were recorded in the past week. In its weekly case bulletin, DOH said that the daily average cases are currently at 185 which is 11 percent lower than the cases on March 13 to March 19. DOH recorded...
The world's largest catamaran ferry built by Filipinos is now sailing towards Denmark as it makes its maiden voyage from Cebu. Made by Austal Philippines, Express 5 already embarked on its first trip to Rønne, Denmark after being commissioned by prominent Danish shipping company Molslinjen....
A university professor has backed the idea to incentivize the use of electric vehicles (EVs) which can help mainstream its usage in the country. Abigail Arillaga, a chemist, said that it will be harder to shift to EVs unless the government rolls out monetary incentives for its use along with an...
The number of registered SIM cards in the Philippines has breached 52 million, said the Department of Information and Communications Technology (DICT), 30 days before the mandatory measure ends. Based on the latest tally issued by the DICT, there are now 52,380,146 registrants nationwide. “The...
The Department of Energy (DOE) has logged slight drop in megawatt-savings for the country during Saturday’s Earth Hour, hence, this prompted Energy Secretary Raphael P.M. Lotilla to further intensify his call for Filipino consumers to sustain energy efficiency and conservation (EE&C) as a routine...
System operator National Grid Corporation of the Philippines (NGCP) has issued straightforward warning to consumers to brace for rotational blackouts after the Energy Regulatory Commission’s (ERC) has thumbed down its bid to extend monthly its existing ancillary services contracts. The ancillary...
A pause in interest rate hikes is likely in the policy meeting of the Bangko Sentral ng Pilipinas (BSP) in May, the Department of Finance (DOF) said. "The BSP has done enough, in my view,” Finance Secretary Benjamin E. Diokno told reporters after the central bank raised its benchmark interest rate...
Malacañang said the Department of Budget and Management (DBM) would propose the necessary policy recommendations to President Ferdinand "Bongbong" Marcos Jr. in two months -- the time when the study on Executive Order (EO) No. 138 is expected to be completed. Communications Secretary Cheloy...
Startups connected to and related to the digital interactive and design domains can now benefit from the Benilde Hub of Innovation for Inclusion (HIFI) launched by the Department of Science and Technology (DOST) and the and the De La Salle College of Saint Benilde (CSB). According to DOST, the...
Information and Communications Technology (ICT) Undersecretary Anna Mae Lamentillo emerged as the top government spokesperson in the Philippines, a non-commissioned and independent survey showed. The “Boses ng Bayan” nationwide survey led by the RP-Mission and Development Foundation Inc....
