Did your family earn more than the average income of Filipino households last year? According to the Philippine Statistics Authority (PSA), household earnings improved across all regions in 2023. On a national level, the average income for Filipino families reached P353,230, which breaks down to...
Lopez Holdings Corporation reported a five percent improvement in attributable net income to P3.41 billion in the first half of 2024 from the P3.25 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its unaudited consolidated revenues...
DAVAO CITY – The Philippine Eagle Foundation (PEF) will hold the groundbreaking of Philippine Eagle Geothermica’s Gateway Project here on August 17 in honor of the raptor as a symbol of international conservation. Geothermica, one of the two Philippine Eagles sent to Singapore under loan...
The Philippine Chamber of Commerce and Industry (PCCI) has raised concerns that the high number of holidays in the Philippines is detrimental to the economy, as it hampers productivity and diminishes the country’s appeal as an investment destination. PCCI President Enunina V. Mangio emphasized...
Department of National Defense (DND) Sec. Gilberto Teodoro Jr. (Photo: DND) Department of National Defense (DND) Secretary Gilberto Teodoro Jr. sees the tension in the West Philippine Sea (WPS) spilling over the country’s skies, as what happened during the latest incident in Bajo de Masinloc...
The output of fish products declined by 6.2 percent to 1.02 million metric tons during the second quarter of the year from 1.08 metric tons last year, based on data from the Philippine Statistics Authority (PSA). “Decrease in production was noted from marine municipal fisheries, inland municipal...
The local stock market rose further as investors digested a slew of corporate earnings reports while waiting for the Monetary Board’s policy meeting on Thursday. The main index rose by 54.52 percent or 0.82 percent to close at 6,704.96 as the Property sector led the advance across the board....
The approval of a new cabinet cluster for education has sparked a range of reactions. Some view the change favorably, while others have voiced concerns about its intended purpose. First day of classes at Vicente Hizon Sr. Elementary School in Davao City on Monday, July 29, 2024. (KEITH BACONGCO /...
The Philippine National Police (PNP) has created a thorough review of the past campaigns against illegal drugs in a bid to come up with a clear guideline on how the recalibrated drug war would be carried out. PNP chief Gen. Rommel Francisco Marbil said the comprehensive review includes those...
The Commission on Audit (COA) has denied the petition of former Philippine Southeast Asian Games Organizing Committee (PHILSOC) President Jose "Peping" S. Cojuangco Jr. who sought relief from the notice of disallowance (ND) over the P27.2 million used for the 2005 Southeast Asian (SEA) Games....
The Philippine Competition Commission has cleared the Consunji Group’s planned acquisition of a controlling stake in Cemex Holdings Philippines Inc. (CHP). In a disclosure to the Philippine Stock Exchange, the group said DMCI Holdings Inc., Dacon Corporation, and Semirara Mining and Power...
The PSEi recovered the previous day’s losses as investors anticipate a good result from the Monetary Board’s upcoming policy meeting. The main index rose by 37.08 points or 0.56 percent to close at 6,650.44 as the interest rate-sensitive Property sector led the advance while Banks and Miners...
