Department of Finance (DOF) Secretary Ralph G. Recto assured that transferring P107.23 billion from the Philippine Deposit Insurance Corporation (PDIC) to the national treasury will not compromise its reserve fund. On Jan. 16, Wednesday, the finance chief asserted that the P107.23 billion was...
Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. stands at the podium on the plenary floor. (Facebook) Sultan Kudarat 2nd district Rep. Horacio Suansing Jr. is prodding the Bureau of Internal Revenue (BIR) and the Philippine Competition...
The PSEi resumed its downward trek after a small bounce the previous day as late selling wiped out gains made due to US inflation numbers coming within expectations. The main index dropped by 64.94 points or 1.03 percent to close at 6,265.52 as Banks led the retreat with only Miners advancing....
As the Commission on Elections (Comelec) gun ban officially took effect last Sunday Jan. 12, 2025, signalling the start of the election period for the May 2025 National and Local Elections, various checkpoints were also deployed nationwide as part of the poll body's implementation of Resolution...
Upcoming midterm elections, coupled with increased household spending, will drive the Philippine economy to 6.3 percent in 2025, Ayala-led Bank of the Philippine Islands (BPI) said. BPI senior vice president and lead economist Emilio S. Neri Jr., in a Jan. 15 report, said this year’s economic...
Property developer DoubleDragon Corporation, a partnership between tycoons Tony Tan Caktiong and Edgar Sia II, has set the interest rate for its planned P10 billion issuance of long-term peso retail bonds at 7.77 percent per annum. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Almost 200 candidates were already stripped of police security personnel as part of the election security measures and isolate the organization from partisan politics. Brig. Gen. Jean Fajardo, spokesperson of the Philippine National Police (PNP), said the recall of police security from 197...
The Philippines blanked Turkmenistan, 2-0, to inch closer to the next stage of the 2025 AFC Women’s Futsal Asian Cup Qualifiers at the Yunusobod Sports Complex in Tashkent, Uzbekistan on Wednesday night, Jan. 15. PH booters celebrate a goal against Turkmenistan. (AFC) The Nationals banked on a...
The submersible drone marked “HY-119”, discovered off the coast of San Pascual, Masbate is Chinese-made, the Philippine National Police (PNP) Maritime Group told a Senate panel. The Philippine Navy said the forensic analysis on a submersible drone discovered off the coast of San Pascual,...
The local stock market bounced with global bourses as the steep drop in the past days presented bargain-hunting opportunities. The main index added 30.79 points or 0.49 percent to close at 6,330.46 with the Property counter leading the advance although sectoral indices were evenly split. Volume was...
Ricky Vargas was named chef de mission to the Los Angeles 2028 Olympics and Al Panlilio will handle the Aichi-Nagoya 2026 Asian Games as the Philippine Olympic Committee (POC) made key appointments during its first General Assembly for the year on Wednesday, Jan. 15, at the East Ocean Seafood...
President Marcos has signed the Philippine Natural Gas Industry Act. President Ferdinand 'Bongbong' Marcos Jr. (MANILA BULLETIN | Mark Balmores) Marcos has inked Republic Act No. 12120 or an Act Promoting the Development of the Philippine National Gas Industry. Under the law, the government must...
