A total of 70 units of 6.5KVa Honda generator sets from Honda Philippines Inc. (HPI) were donated to the Philippine Red Cross (PRC) to support its humanitarian operations. Philippine Red Cross (PRC) Chairman and CEO Richard Gordon and Honda Philippines, Inc. (HPI) President Sayaka Arai watch as Red...
Senate Minority Leader Aquilino "Koko" Pimentel III shrugged off the claim that a former Philippine National Police (PNP) chief was on the payroll of illegal Philippine Offshore Gaming Operators’ (POGO) bosses. Retired Gen. Raul Villanueva, Philippine Amusement and Gaming Corporation...
The local stock market closed lower on late profit-taking on heavyweights as investors continue to wait for word from the US Federal Reserve. The main index dropped 19.46 points or 0.27 percent to end at 7,155.90 with sectoral indices split. Volume dipped to 865 million worth P6.01 billion as...
The Philippine hotel industry remains resilient and continues to grow after the pandemic with P250 billion being invested by the private sector for the ongoing construction of new facilities. This is according to the Philippine Accommodation Pipeline Report 2024 which was jointly launched by the...
Banks and other lending institutions are reportedly asking the Department of Energy (DOE) for a categorical definition and conclusive policy framework that shall serve as anchor to prospective financing of ‘transition coal’ projects that are still being allowed by the government for commercial...
There is no clear indication that some Philippine Army (PA) reservists are involved in an alleged private army called the “Angels of Death” supposedly being commanded by detained Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy. Col. Louie Dema-ala, PA spokesperson, stressed this on...
Real estate giant Ayala Land Inc. is planning to issue another P10 billion worth of Sustainability-linked (SL) Bonds after recently raising P20.5 billion from P6 billion in SL Bonds and P14.5 billion in SL Loans from the International Finance Corporation (IFC). According to Philippine Rating...
The Philippine Statistics Authority (PSA) issued a stern warning reminding the public that printing their Digital National ID (PhilID) on polyvinyl chloride (PVC) cards, or any other physical format, is strictly prohibited. The PSA said that only the official National ID cards printed by the Bangko...
Philippine equities continued to rally as investors bet on a rate cut announcement by the US Federal Reserve. The main index raced up 71.16 points or one percent to close at 7,175.36 as Conglomerates led the charge with only the Services counter lagging behind. Volume was strong at 713 million...
Chinese coast guard, navy, and maritime militia vessels flocked Escoda (Sabina) Shoal in the West Philippine Sea (WPS), the Philippine Navy (PN) disclosed on Tuesday, Sept. 17. The week-long monitoring of the PN from Sept. 10 to 16 revealed that there were 157 Chinese vessels in the WPS, which is...
Gen. Rommel Francisco Marbil, chief of the Philippine National Police (PNP), has ordered the creation of specialized teams that will hunt down former presidential spokesperson Harry Roque following the issuance of an arrest warrant by the House of Representatives. Marbil said the specialized teams...
A former Philippine National Police (PNP) chief supposedly helped dismissed Bamban, Tarlac mayor Alice Leal Guo escape the Philippines at the height of the Senate’s investigation into the illegal Philippine Offshore Gaming Operators (POGO). Retired Gen. Raul Villanueva, Philippine...