The Department of Finance (DOF) reported on Monday, June 13, that two government-owned banks have facilitated the distribution of over P8.2 billion in cash aid to qualified small palay farmers as part of the Rice Farmers Financial Assistance Program (RFFA). Citing data from the Department of...
More diplomats are scheduled to pay courtesy visits on President-elect Ferdinand “Bongbong” Marcos Jr. on Monday, June 13. President-elect Bongbong Marcos (BBM Media Bureau) Among those who are scheduled to visit Marcos, Jr. are Ambassador Marat Pavlov of Russia, Ambassador Hmed Shehabeldin...
President Duterte has expressed his gratitude to Japan for its love for the Philippines and for assisting the country in its economic development as if it was part of the Japanese archipelago. President Duterte witnesses the lowering of the Tunnel Boring Machine (TBM) of the country's first-ever...
Such sweet videos! It's been 15 years since Ruffa Gutierrez's daughters, Lorin and Venice, met their father in person again—and it just happened in Instanbul. Lorin, Venice reunites with father In a TikTok and Instagram Reel post which the mom-of-two shared, the videos were recorded by her...
The local stock market ended the week with a steep drop after US bourses fell on concern that the Fed may raise rates faster in reaction to high inflation. The PSEi’s loss kept mounting before closing lower by 228.55 points or 3.38 percent to close at 6,530.04 as the Property sector led the...
Climate change adaptation and mitigation needs to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. At the recent Philippine Environment Science Summit 2022,...
The Asian Development Bank (ADB) has approved up to $4.3 billion loan to help finance the construction of nearly 55 kilometers of modern suburban railway line connecting Metro Manila with the city of Calamba in Laguna. In a statement, the Manila-based multilateral institution said on Thursday, June...
Opposition Senator Risa Hontiveros on Thursday, June 9 expressed belief that any amount of disinformation and historical revisionism would change the facts that the coco levy funds that were intended to develop during the time of the late dictator Ferdinand Marcos were plundered. Hontiveros made...
The PSEi resumed its downward trend after a short respite as investors continue to worry about the local and global economies. However, the main index managed to recover most of its early losses and ended with only 11.03 points lower or 0.16 percent to close at 6,758.59 as the Services sector led...
State-lender Development Bank of the Philippines (DBP) will help build the Marquee Doctors Medical Center, Inc. (MDMCI) in Pampanga to boost the availability of quality and affordable healthcare services in the province. In a statement Thursday, June 9, Emmanuel G. Herbosa, DBP president and chief...
There are enough resources and funds to help families and individuals affected by the recent phreatic eruption of Bulusan Volcano in the province of Sorsogon, the Department of Social Welfare and Development (DSWD) said on Thursday, June 9. DSWD Bicol continues to distribute family food packs and...
State-owned Development Bank of the Philippines (DBP) has signed a memorandum of agreement with the Philippine Deposit Insurance Corporation (PDIC) to facilitate the payment of insurance claims to depositors of closed banks, a top official said. DBP President and Chief Executive Officer Emmanuel G....
