Senator Ronald “Bato” dela Rosa, chairperson of the Senate Committee on Public Order and Dangerous Drugs (Senate PRIB) House Deputy Speaker and Quezon 2nd district Rep. David "Jay-jay" Suarez has told the Senate to shift its focus to urgent...
The country’s contact center and business process sector is expected to post an estimated record annual revenue of around $32.16 billion in 2024, the Contact Center Association of the Philippines (CCAP) said. In a statement, CCAP President Mickey Ocampo said the revenue projection is...
Consumers’ trip to the petroleum pumps will be less painful this week, as the oil companies implemented relatively significant rollback in prices. Based on the pricing adjustment notices of the industry players, the price of diesel products will be trimmed by P0.90 per liter, gasoline by P0.75...
The government has renewed its partnership with the United Nations to steer the achievement of Sustainable Development Goals (SDG) and implement the Philippine Development Plan (PDP) 2023-2028. The National Economic and Development Authority (NEDA), together with the Department of Affairs, held a...
With the heat index continuing to rise in the Philippines, Filipinos have had no choice but to turn to electric fans and air conditioners to cool down. Beating the heat, however, comes with a heavy price. The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA)...
Consumers will still feel the deepest financial pain triggered by surging electricity rates due to simultaneous plant outages in the past two weeks, but the Department of Energy (DOE) is urging the distribution utilities (DUs) to tap palliative interest-bearing loan from the Land Bank of the...
Addressing climate change has never been more urgent than when Intergovernmental Panel on Climate Change's Sixth Assessment Report found that climate risks are emerging sooner and will worsen faster than anticipated, making adaptation more difficult with rising global temperatures. Low-income...
The Philippines and Cambodia are set to formally sign their double taxation agreement (DTA) after six years of negotiations, the Department of Finance (DOF) announced. In a statement on Friday, May 3, the DOF said that the draft DTA between Manila and Phnom Penh was finalized on April 19, with the...
Aboitiz-led Union Bank of the Philippines has set the terms and timetable for its P10- billion stock rights offering with the offer price set at a discounted P30.57 per share. In a disclosure to the Philippine Stock Exchange the bank said the offer price was determined based on the volume-weighted...
NEW YORK — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the Federal Reserve indicated Wednesday that it doesn't plan to cut interest rates until it has "greater...
China claimed that the Philippines had to limit the area where Filipino fishermen could fish and where Filipino troops could fly over and navigate in the Scarborough Shoal. That's what the Philippines supposedly entered into with China seven years ago to manage differences over the South China Sea,...
The hot weather is certainly making many yearn for an escape from the city. Thankfully, Nissan Philippines read our minds and proposed a car camping trip to Crystal Beach in Zambales. Now a drive to Zambales is not something new, and we’re all pretty familiar with the Terra and Navara. But...
