State-owned Development Bank of the Philippines (DBP) has remitted P25 billion to the Bureau of Treasury (BTr), which represents the Bank’s share in the initial seed capital in the Philippines’ pioneering sovereign wealth fund, a top official said. DBP President and Chief Executive Officer...
Love the Philippines logo The Department of Tourism's (DOT) "Love the Philippines" promotional campaign could have "less exposure" next year due to the agency's reduced 2024 budget. Isabela 6th district Rep. Faustino "Inno" Dy made this...
The Philippine mining industry is lauding the government’s “clearly expressed” support and its acknowledgement of mining as a priority sector with a high growth potential that will help the Philippine economy recover. The Chamber of Mines of the Philippines (COMP) welcomes this positive...
The Philippine Amusement and Gaming Corp. (Pagcor) has partnered with the Development Academy of the Philippines (DAP) for the privatization of its casinos. Alejandro Tengco, Pagcor chairman and chief executive officer, said they tapped DAP’s technical assistance to comply with the requirements...
The Philippines is now poised to join other countries that honors and recognizes divorce. This, after a Senate panel approved the measure that provides absolute divorce in the Philippines. Senate Bill No. 2443, or the proposed “Dissolution of Marriage Act”, expands the...
QUEENS FOR A CAUSE Ms. Universe 2015 and Smile Train ambassador Pia Wurtzbach (top) and Ms. Universe Philippines 2023 second runner-up Angelique Manto (bottom) at Smile Train's Art Impact for Health Art has the power to heal and uplift the spirit. As it celebrates supporting more than 75,000 cleft...
The Senate has adopted a resolution congratulating the De La Salle Santiago Zobel (DLSZ) Strings Ensemble for winning two awards at music festivals held in Europe in July 2023. Senate President Juan Miguel “Migz” F. Zubiri and other senators posed with the members of the De La...
Digital-only bank CIMB Bank Philippines and Visa, a global leader in payments technology, have sealed a strategic partnership to work together to make financial solutions easier to access and more innovative for all Filipinos. CIMB Bank Philippines Chief Executive Officer Vijay Manoharan and Visa...
AFP spokesperson Colonel Medel Aguilar (File photo) If the current situation in the West Philippine Sea (WPS) does not improve, China may be isolated from the rest of the world due to its aggression against the Philippines, the Armed Forces of the Philippines (AFP) warned. “The irresponsible and...
On Sept. 15, Economic Affairs Minister Nihei Daisuke of the Embassy of Japan in the Philippines joined the culmination event of the Healthy Oceans and Clean Cities Initiative (HOCCI). The event highlighted the achievements, experiences, and lessons learned by the partner cities and communities in...
The social action arm of the Catholic Bishops' Conference of the Philippines (CBCP), Caritas Philippines, has expressed gratitude to the Archdiocese of Manila for divesting from all its investments in destructive businesses. (Photo credit to Caritas) "We commend the Archdiocese of...
Holderfin B.V. has acquired 3.62 percent more of the outstanding shares of Holcim Philippines Inc. worth P1.25 billion from the first round of its tender offer to bring down the cement firm’s public float to just 1.43 percent. In a disclosure to the Philippine Stock Exchange (PSE), Holcim...
