The Philippine Chamber of Commerce and Industry (PCCI) is calling for a comprehensive impact assessment of the proposal to set a new benchmark for healthy processed food products to evaluate its potential economic and social implications. Eunina V. Mangio, PCCI president, said in a statement on...
The local stock market pauses from its recent slide as investors anticipate that interest rate cuts are coming soon. The PSEi added 12.73 points or 0.19 percent to close at 6,619.09 with the Mining sector leading the advance while the Property counter lagged behind. Volume rose to 421 million...
The $500-million military financing pledged by the Untied States to the Philippines would definitely give the country’s defense posture a big boost, especially in defending its territory and maintaining peace in the Indo-Pacific region, Sen. Juan Miguel “Migz” Zubiri said. In welcoming...
Senate President Francis “Chiz” Escudero on Wednesday, July 31 welcomed the United States government’s groundbreaking decision to allocate an additional $500-million in military financing to the Philippines. Escudero said this substantial investment aimed at modernizing the Armed...
Chief Presidential Legal Counsel Juan Ponce Enrile (PCO) Chief Presidential Legal Counsel and former Senate President Juan Ponce Enrile called on members of a House of Representatives joint panel to help spread the reach of economic development in...
The newly collected data from the completed seismic surveys of Israeli firm Ratio Petroleum and state-run Philippine National Oil Company-Exploration Corporation (PNOC-EC) will enable a comprehensive assessment of the actual reserves’ potential for oil and gas at their service contracts in the...
A flag-raising activity is conducted by the Philippine Coast Guard (PCG) onboard BRP Teresa Magbanua in the vicinity of Escoda (Sabina Shoal) in the West Philippine Sea on June 12, 2024 to commemorate the 126th Philippine Independence Day. (Photo by PCG) ...
The Zobels’ financial services arm, Bank of the Philippine Islands (BPI), has decided to shorten the public offering period of its P5 billion sustainable bonds due to overwhelming demand. In a disclosure to the Philippine Stock Exchange (PSE), the bank said strong demand came from institutional,...
President Marcos has vowed to continue improving the country's maritime education to make it "more responsive" to the current needs of the maritime industry. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/Yummie Dingding) "We assure you that we will continue to improve our...
The Energy Regulatory Commission (ERC) has finally lifted the suspension it earlier imposed on the settlement of traded capacities in the co-optimized reserve market, hence, consumers will have to brace for added cost burden in their forthcoming electric bills. With the lifting of the settlement...
Contrary to some fears over its impact, the top official from the National Economic Development Authority (NEDA) bared on Tuesday, July 30, that the contribution of Philippine Offshore Gaming Operators (POGOs) to the Philippine economy is less than half of one percent. Sen. Juan Miguel “Migz”...
Senate Majority Leader Francis Tolentino urged consumers to be extra cautious when buying and consuming fish and shellfish sourced from coastal areas affected by the oil spill from the motor tanker Terranova. (Photo courtesy of Pamalakaya) Tolentino was referring to the motor tanker that capsized...
