A young local stock brokerage, Luna Securities, Inc., is upping the ante in the competitive industry by slashing down its broker’s commission to an industry best rate of 0.12 percent to all of its clients, account holders and users of its trading app. In a media event, the company launched its...
Senator Alan Peter Cayetano renewed his pitch for the proposed Philippine Natural Gas Development Act—a measure that is crucial for the country’s goal of achieving long-term energy security. Earlier, his sister, Sen. Pia Cayetano, chairperson of the Senate Committee on Energy, sponsored...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
Almost 900 container vans loaded with around half a million sacks of rice remain at the Manila International Container Terminal (MICT) despite the clearances issued by the Bureau of Customs, raising fears that it would result in artificial rice shortage and eventually lead to price increase....
This year's US presidential election and the Philippines' midterm polls next year, among other geopolitical and climate events, pose risks to near-term economic outlook here and abroad, according to the Washington-based Institute of International Finance (IIF). "Political uncertainties and policy...
Listening to Maria Isabel “Maribel” Ongpin, the chair of HABI: the Philippine Textile Council, promoting the local fabric like Abaca as a “unique part of our identity as Filipinos” touched me with nostalgia. At the Wednesday launch of the 14th HABI Likhang Market Fair with this...
(PCG) The House of Representatives unanimously approved on third and final reading the measure seeking to strengthen and modernize the Philippine Coast Guard (PCG) in the pursuit to protect the country’s rights and sovereignty. During the plenary session...
The local stock market landed above the 7,200 level after the US Federal Reserve slashed interest rates as expected. The main index added 46.26 points or 0.65 percent to close at 7,202.16 led by the surge in Mining and Bank stocks with only Industrials declining. Volume jumped to 698 million shares...
The Philippine Statistics Authority (PSA) reported that the country’s tourism industry consumed more water and energy last year than the previous year. However, the consumption levels still fall short of pre-pandemic figures, indicating that the industry is still working to fully regain its...
Senate Majority Leader Francis Tolentino warned Alice Guo that they could be detained in Sulu or Tawi-Tawi since she could be charged with Shiela Guo for committing a continuing offense before a local court. Senate Majority Leader Francis Tolentino during the hearing of the Senate Committee on...
Authorities manning the country’s borders were already alerted over the possible escape of former presidential spokesperson Harry Roque, the Philippine National Police (PNP) said on Wednesday, Sept. 18. PNP spokesperson Col. Jean Fajardo said there is still no indication that Roque already left...
Senate Minority Leader Aquilino "Koko" Pimentel III has filed a resolution urging the Senate to conduct an inquiry into the backlog of national ID cards. In his proposed Senate Resolution No. 1192, Pimentel called for a comprehensive review of the implementation of Republic Act No....
