The local stock market dropped after investors locked in gains from last week’s rally amid uncertainty whether quarantine measures will be eased or tightened. The main index lost 46.02 points or 0.69 percent to close at 6,628.49 with only the Financials sector mamaging to hold its ground. Volume...
Philippine National Bank will be recording about P34 billion in one time earnings from its windfall from the revaluation of its low-earning but prime real estate assets. In a disclosure to the Philippine Stock Exchange, the bank said the amount will be recorded in its books reflecting the...
Filipino farmers may just be able to recover their losses from infestation and natural calamities under a P1-billion insurance fund intended for Department of Agrarian Reform (DAR) beneficiaries. (Photo courtesy of the Department of Agriculture) The DAR and the Philippine Crop Insurance Corporation...
Aboitiz Equity Ventures Inc. has firmed up its plan to raise up to P10 billion through the issuance of bonds which have been given the highest triple-A rating by Philippine Rating Services Corporation (PhilRatings). PhilRatings said it has assigned an Issue Credit Rating of PRS Aaa, with a Stable...
The White House is set to announce any time this week the distribution of the first batch of vaccine surplus that will be donated by the United States government to its allies, including the Philippines, Ambassador to Washington, D.C. Jose Manuel Romualdez said Monday. “I was informed by the...
State-run Philippine Amusement and Gaming Corp. (Pagcor) has remitted an advance cash dividend to the state coffers to help the national government in mitigating the impact of the prolonged pandemic. In a statement, Andrea D. Domingo, Pagcor chairman and chief executive officer said on Monday, May...
Athletes receive their first dose of Sinovac vaccine last May 28 at the Manila Prince Hotel in Ermita, Manila. (Photo by Manny Llanes) All national athletes, coaches and officials can now get vaccinated against COVID-19. Philippine Olympic Committee (POC) president Bambol Tolentino announced this...
Senator Risa Hontiveros on Monday called on the Department of Environment and Natural Resources (DENR) to start naming and identifying the rocks and features of the Kalayaan Island Group (KIG). Hontiveros said such move will strengthen and assert the Philippines’ claim in the West Philippine Sea....
Faculty members of the University of the Philippines College of Law (UP Law) said on Sunday, May 30, President Duterte's remarks trivialize the country's arbitral victory against China's claims in the West Philippine Sea. UP Diliman (Wikimedia Commons) In a televised address on May 6, Duterte said...
Dan Palami Philippine Azkals team manager Dan Palami remains confident that the national squad will be able to withstand all challenges going into the resumption of World Cup/Asian Cup Qualifiers this week. Palami believes the Azkals can display the usual fight they have shown in the past even...
Starting this coming June and every year thereof, the Province of Ontario will officially celebrate Filipino Heritage Month following the passage of the bill that recognizes the Filipino contributions not just to Ontario but to the Canadian society in general. Philippine Consul General Orontes...
The Philippine Army (PA) will further boost its mobility with the expected delivery this year of 90 Russian-made, troop-carrying trucks worth P324 million, the Department of National Defense (DND) bared Sunday, May 30. Department of National Defense Spokesperson Arsenio Andolong (Photo courtesy of...
