The local stock market may see initially some profit-taking this week following its recent rally although sentiment remains generally upbeat and will continue to buoy share prices. “The local market has been showing bullish momentum, rising for three straight weeks, with the latest one getting it...
Lucio Co-led Philippine Bank of Communications (PBCom) was assigned an issuer credit rating of PRS Aa minus (corp.), with a Stable Outlook, by Philippine Rating Services Corporation (PhilRatings). An issuer credit rating, also sometimes called corporate credit ratings or company ratings, or...
BRP Teresa Magbanua (Photo by PCG) The Philippine Coast Guard (PCG) confirmed Sunday, Sept. 22, that it has deployed a new ship to Escoda (Sabina) Shoal to replace BRP Teresa Magbanua and maintain the country’s presence in the tense maritime feature in the West Philippine Sea (WPS). PCG...
A new “operational concept or modality” has been unveiled by the National Maritime Council (NMC) on how the Philippines can deal with China Coast Guard (CCG) presence in the disputed West Philippine Sea. A flag-raising activity is conducted by the Philippine Coast Guard (PCG) onboard BRP...
A major thorn on the side of the project developers will be cleared, as the Philippine Ports Authority (PPA) has finally affirmed its support to the repurposing of three major ports that will underpin the commercial advancement of gigawatt-scale offshore wind (OSW) farm projects. In a statement to...
The Philippine Statistics Authority (PSA) revealed that the monetary intermediation industry, which includes banks, credit unions as well as other financial institutions, had the highest number of employees in 2022 compared to its other industry groups. The preliminary results of the 2022 Annual...
Senator Ronald "Bato" Dela Rosa is expected to confront the Philippine Amusement and Gaming Corporation (Pagcor) official who claimed that a former Philippine National Police (PNP) chief was on the payroll of illegal Philippine Offshore Gaming Operator (POGO) bosses. "You can expect that. You...
Senator Sherwin Gatchalian is pushing for an increase of the Presidential Anti-Organized Crime Commission's (PAOCC) 2025 budget to sustain the agency’s efforts against Philippine Offshore Gaming Operators (POGOs). “I commend the PAOCC for leading numerous raids against POGOS in the last few...
Kingdom of Jesus Christ leader Apollo Quiboloy (File photo) The Philippine National Police (PNP) has taken custody of an alleged former member of the so-called “Angels of Death” private army by detained Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy. Police Col. Jean Fajardo said on...
Former Bamban, Tarlac mayor Alice Guo (Photo by Mark Balmores / MANILA BULLETIN) The Philippine National Police (PNP) said Friday, Sept. 20, that it will adhere to a court order issued by the Pasig Regional Trial Court (RTC) to transfer former Bamban, Tarlac mayor Alice Guo from the custodial...
The local stock market continues to rally and was up by more than a hundred points to breach the 7,300 level intraday as investors grow more upbeat amid monetary policy changes that will release more money into the system. The main index rose by 50.16 points or 0.70 percent to close at 7,252.32 as...
Senator Juan Miguel "Migz" Zubiri hailed Japanese companies' commitment to expanding their investments in the Philippines ahead of the anticipated passage of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. Senate...
