Senator Sherwin Gatchalian said there is a necessity for Filipinos to own their own bank account or become a virtual wallet holder so more people can engage in cashless transactions. Since digital payments have been the norm since the coronavirus (COVID-19) pandemic started last year, Gatchalian...
After weeks of disagreement on pork imports, the Senate and the President’s economic team, led by Finance Secretary Carlos Dominguez III, decided to lower the import tariff cut proposed under Executive Order (EO) 128 and adjust the volume of pork imports allowed to enter the Philippines under...
A former government official should be given the death sentence over his role in the loss of a territory during a standoff with China years ago, President Duterte declared Wednesday night. President Duterte delivers a televised address on May 5, 2021 (Malacañang) In a televised address...
Philippine National Bank announced that its Board of Directors has elected Federico C. Pascual as Chairman and Leonilo G. Coronel as Vice Chairman following the bank’s Annual Stockholders Meeting last week. Federico C. Pascual Pascual was first appointed as an independent director of the Bank in...
The arbitral ruling that ruled in favor of the Philippines in a maritime dispute was nothing more than a scrap of paper to be thrown in the trash bin, President Duterte admitted Wednesday. President Duterte delivers a televised address on May 5, 2021 (Malacañang) Addressing the nation, the...
Any person not properly wearing a mask in public may face arrest and detention for nine hours at the police station, President Duterte warned Wednesday night. President Rodrigo Duterte (Malacañang) In a televised address, the President directed the police to apprehend and investigator violators...
The government is determined to prevent the loss of another territory after coast guard authorities drove away Chinese vessels from Sabina Shoal in the West Philippine Sea, Malacañang declared Wednesday. (Photo: Philippine Coast Guard) Presidential spokesman Harry Roque lauded the latest coast...
The Philippine Azkals will hold a two-week training camp in Doha, Qatar prior to the resumption of their campaign in the second round of the World Cup/Asian Cup Qualifiers. Philippine Football Federation president Nonong Araneta confirmed the Doha camp tentatively set for May 18 to 31 following...
Philippine National Volleyball Federation (PNVF) President Tats Suzara hopes the composition of the national teams will be finalized this week to move forward with their preparations for two important tournaments this year. Sazara said he has tasked coaches Odjie Mamon and Dante Alinsunurin to...
President Duterte has appointed Lt. Gen. Guillermo Eleazar as the new chief of the Philippine National Police (PNP) due to his integrity, professionalism, and dedication, Malacañang announced Wednesday. Newly appointed PNP Chief Lt. Gen. Guillermo Eleazar (Photo via Aaron Recuenco / MANILA...
Diversified conglomerate San Miguel Corporation’s planned offering of up to P30 billion in fixed-rate peso-denominated bonds has been given the highest issue credit rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). SMC is planning a bond issuance of P20 billion, with...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...