Ayala-led Bank of the Philippine Islands (BPI) has secured financial backing from the US government's private-sector lending arm to increase lending to small businesses. In an Oct. 2 statement, the US International Development Finance Corp. (DFC) said its board of directors approved a $75 million...
The local stock market improved as investor sentiment continues to be buoyed by expectations of lower inflation and more rate cuts. The main index added 22.49 points or 0.30 percent to close at 7,402.81 with the Mining sector leading the advance although the Industrial and Property counters were in...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda underscored on Wednesday, Oct. 2 that the Philippine creatives sector--which covers artists, artisans, producers--were "the biggest winners" in...
Petty Officer First Class (PO1) Carlos Yulo From making otherworldly routines on the gymnastics mat, two-time Olympic gold medalist Carlos Edriel Yulo is taking his talents to the open seas as he expressed commitment to serve the country beyond sports. This, as the 24-year-old artistic gymnast has...
Senate President Francis “Chiz” Escudero said the Philippine Health Insurance Corporation (PhilHealth) can afford to lower its members' mandatory contribution thanks to the huge chunk of unutilized funds that it has accumulated over the years. Citing figures from the Department of Finance (DOF)...
Senate President Pro Tempore Jinggoy Estrada (Senate PRIB) Senate President Pro Tempore Jinggoy Estrada has called on the Department of Foreign Affairs (DFA) to raise before the United Nations General Assembly (UNGA) the continued aggression of China...
To address the disparity between the Philippines' high literacy rates and its low standings in international assessments, Department of Education (DepEd) Secretary Sonny Angara has called for a comprehensive examination of the literacy measurement methods employed in other countries. (Photo...
As part of its swift response to calamities, the Philippine Red Cross (PRC) on Tuesday, Oct. 1, announced that it has provided hot meals and medicines to many people affected by the enhanced southwest monsoon and Super Typhoon Julian (international name: Krathon). (Courtesy of Philippine Red...
To help ensure that only well-prepared educators enter the profession, an industry-led advocacy group on Tuesday, Oct. 1, emphasized the necessity of evaluating and enhancing the licensure examinations for teachers. (DepEd file photo) “With systemic issues plaguing the current teacher...
The local stock market recovered most of the previous day’s losses following the release of positive economic data and outlook. The main index jumped 107.67 points or 1.48 percent to close at 7,380.32 led by the strength of the Property sector. Volume dipped though, to 1.13 billion shares worth...
A Philippine Coast Guard (PCG) ship and a China Coast Guard (CCG) vessel sail close to each other in the West Philippine Sea on Aug. 26, 2024. (Courtesy of PCG) China has pulled out 73 vessels in the West Philippine Sea (WPS) based on the latest monitoring of the Philippine Navy (PN). Data released...
DAVAO CITY – The Philippine Psychiatric Association has noted a shortage of board-certified psychiatrists in Mindanao amid the growing number of patients needing help from mental health professionals. Dr. Paulo Woodruff Gonzales, director for Mindanao of PPA, said during the Kapehan sa Dabaw on...
