Finance Secretary Ralph G. Recto said that the national government will expand the authorized capital stock of the Land Bank of the Philippines (Landbank) to P1 trillion. Recto told reporters that the amendments to the charters of the two major state-run banks Landbank and the Development Bank of...
A new Honda City Hatchback is on the horizon. The new sporty, youthful, and efficient new model takes the qualities that made a preceding City Hatchback a favorite and takes it up a notch. First of all, the new City Hatchback will bear a sporty and youthful design. Owners will have the option to...
Senator Raffy Tulfo (Senate PRIB) Senate Committee on Energy chairman Senator Raffy Tulfo questioned the Department of Energy (DOE) and the Energy Regulatory Commission (ERC) over their failure to regularly monitor power plants amid frequent outages....
Marinduque lone district Rep. Lord Allan Velasco (Facebook) House Committee on Energy Chairman, Marinduque lone district Rep. Lord Allan Velasco has raised the possibility that some sectors are capitalizing on the annual red and yellow alerts...
The Credit Card Association of the Philippines (CCAP) is encouraging credit card holders that are frequent flyers or regular travelers to make use of cards with travel perks for maximum benefits. CCAP Executive Director Alex Ilagan said Tuesday, May 14, that the credit card market constantly...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) Deputy Minority Leader AAMBlS-Owa Party-List Rep. Lex Anthony Cris Colada has formally asked the House of Representatives to look into Shopee Express' alleged labor...
China denied conducting reclamation activities in Escoda Shoal in the West Philippine Sea following reports from the Philippine Coast Guard (PCG) that it is building an artificial island there. For China’s Foreign Ministry spokesman Wang Wenbin, the Philippines’ accusation “is sheer...
The Philippines and the United States are now considering the use of satellite imagery beamed from outer space for maritime domain awareness amid reports of continued illegal activities in the West Philippine Sea. This will be achieved through the US Transportation Department's SeaVision program, a...
SP New Energy Corporation (SPNEC), a member of the Meralco Group of companies, has turned profitable in the first quarter of 2024 with a net income of P156 million and an attributable net income of P47.5 million from a loss of P24.57 million in the same period last year. Based on its disclosure to...
Senator Ronald “Bato” dela Rosa (Senate Social Media Unit) For the record, Senator Ronald “Bato” dela Rosa said he doesn’t have any hidden agenda in leading the Senate investigation into the alleged leaked documents from the Philippine Drug...
The local stock market bounced on strong investments data and hope for lower US inflation numbers. The main index jumped 92.32 points or 1.42 percent to close at 6,604.25 as the Services banking sectors surged. Volume was hefty at 947 million shares worth P11.01 billion as gainers beat losers 118...
President Marcos urged the members of the Armed Forces of the Philippines (AFP) to remain faithful to their sworn duties as he reminded them that the stars conferred upon them are reminders of their heavier responsibility to the country and the people. President Ferdinand ‘Bongbong’ Marcos Jr....
