President Ferdinand Marcos Jr. (left) confers on Philippine Navy (PN) Seaman First Class Underwater Operator Jeffrey Facundo the Order of Lapu-Lapu Rank of Kampilan in a ceremony at the Western Command headquarters, Camp General Artemio Ricarte in Puerto Princesa City, Palawan on June 23, 2024,...
The Philippine Red Cross (PRC) provided medical assistance to 11,429 individuals during its week-long operations for this year’s Undas. (Photo from Philippine Red Cross) In a statement issued on Monday, Nov. 4, the PRC Safety Services Unit reported that 11,017 individuals received free...
The local stock exchange traded sideways as investors wait for the US elections and Federal Reserve meeting. The main index shed 6.86 percent or 0.10 percent to close at 7,136.10 with the Mining counter posting the steepest drop while Conglomerates and Services improved. Volume was low at 588...
Senator Christopher “Bong” Go on Monday, November 4 called on the government to provide comprehensive assistance to all farmers noting the significant damage wrought by recent typhoons “Kristine” and “Leon.” Both typhoons ravaged crops across various regions in the Philippines...
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, reported a 19 percent improvement in net income to P4 billion in the first nine months of the year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its solid financial performance was driven by...
Police forces in Western Mindanao are now on alert for the filing of the certificates of candidacy (COCs) for the first-ever Bangsamoro parliamentary elections that will coincide with the 2025 midterm elections on May 12. Police Maj. Gen. Bernard Banac, director of the Area Police...
Philippine Business Bank (PBB), a local lender controlled by beverages tycoon Alfredo Yao, reported that its net income leaped 57.1 percent to P1.8 billion in the first nine months of 2024 from the P1.15 billion it earned in the same period last year. In a disclosure to the Philippine Stock...
By DERCO ROSAL While the majority of expectations nod to an uptick in October inflation, economists surveyed by Manila Bulletin hold mixed forecasts for the Philippines’ third-quarter 2024 economic performance, noting both growth opportunities and possible risks ahead. Following the four-year low...
While the recent market decline has brought share prices to attractive levels which may spark some bargain-hunting, stock market investors are seen to be wary due to the US elections and the release of the October inflation data. “The local market has exhibited bearish movements in last week’s...
President Marcos has issued Executive Order (EO) No. 72 which adopts an integrated and harmonized process for formulation, approval, budgeting, implementation, and monitoring of master plans for the infrastructure sector. (MB file photo) In his EO, signed by Executive Secretary Lucas Bersamin on...
The Bureau of Immigration (BI) has asked the Philippine National Police (PNP) to share with the bureau the information on the raid last Oct. 29 of an alleged scam hub in Manila where 69 foreigners were reportedly arrested. “The BI has been actively pursuing to process the detainees in compliance...
Chito Loyzaga, who is running against incumbent Abraham “Bambol” Tolentino for the Philippine Olympic Committee presidency in polls set Nov. 29, said they have adopted basketball’s Al Panlilio and surfing’s Raul Canlas as part of their roster because they believed in the integrity of both...
