Public school teachers on Friday, Dec. 9, urged the government to immediately release their benefits before Christmas and grant their call for a “substantial” pay increase. (Photo courtesy of ACT Philippines) Members of the Manila Public School Teachers Association (MPSTA) and Alliance of...
Apex Mining Co. Inc. is buying the Davao de Oro copper mining operations controlled by Clariden Holdings Inc., a subsidiary of Iñigo Zobel and Ramon S. Ang’s Top Frontier Holdings Inc. for $81.5 million (P4.56 billion) . In a disclosure to the Philippine Stock Exchange, Apex said its Board of...
To exchange insights and ideas on how the country can navigate a post-pandemic education landscape, education leaders and stakeholders gathered at a conference organized by Teach for the Philippines (TFP) and the Asian Development Bank (ADB). Teach for the Philippines’ local government unit (LGU)...
The House Committee on Banks ang Financial Intermediaries approved during a public hearing Thursday afternoon, Dec. 1 the proposed Philippine sovereign wealth fund, dubbed the Maharlika Wealth Fund (MWF). The giant Philippine flag inside the House plenary (PPAB) The proposed MWF Act is embodied in...
China is considering Ilocos Norte as a potential place for investments as the Asian giant expressed willingness to partner with local government units (LGUs) in the Philippines, starting with the President Ferdinand "Bongbong" Marcos Jr.'s home province. Chinese Ambassador to the Philippines Huang...
ZAMBOANGA CITY – The National Bureau of Investigation and Securities and Exchange Commission seized nearly P15 million in cash from the house of a suspected scammer whose office and residence here were raided over the weekend. NBI agents seized nearly P15 million in cash from the house of a...
As the government and private companies start to release bonuses to their employees, the Philippine National Police (PNP) warned that individuals and groups have already intensified their operation to lure people into putting their money to fake crypto investments. Police Brig. Gen. Joel Doria,...
Philippine Regional Investment Development Corporation (PRIDE), a subsidiary of AbaCore Capital Holdings Inc., has entered into an agreement with Highsource Prime Building Inc. to undertake various leisure projects at the Montemaria Shrine at an initial cost of P4.2 billion. In a disclosure to the...
Senator Risa Hontiveros on Monday, November 21 bared a reported plot by a Chinese syndicate to recruit and lure as many Filipinos to be part of a large-scale human trafficking scheme and investment fraud. Sen. Risa Hontiveros bares a reported plot by a Chinese syndicate to recruit Filipinos in a...
Project registration with the Board of Investments (BOI) this year is expected to surpass the P655 billion 2021 level, but may fall short of meeting its P1-trillion target set for the year as investments decisions have been derailed by the eruption of the Russian-Ukraine war. As of Nov. 15 this...
After financial analytics firm S&P Global maintained the Philippines’ long-term foreign currency-rating at BBB+, House Ways and Means Chairman and Albay 2nd district Rep. Joey Salceda credited the Marcos administration for successful economic recovery. Albay 2nd district Rep. Joey Salceda On...
Debt-watcher S&P Global maintained the Philippines' investment grade status with stable outlook as it expects the economy to remain robust on the back of strong domestic demand. S&P on Thursday, Nov. 17, kept the country's long-term foreign-currency rating at "BBB+," which is one notch away...
