“The secret of getting ahead is getting started” – Mark Twain. With rising living costs, saving is tough for many Filipinos, especially minimum wage earners. Waiting for a higher income to save makes it harder to develop the habit. While income affects saving, low income shouldn't hinder...
A government that is friendly to public-private partnerships (PPPs) like the current Marcos Jr. administration is helping big-ticket infrastructure projects take advantage of tycoons' deep pockets, according to the World Bank. In a Nov. 13 blog, World Bank advisor on infrastructure and climate...
The local stock market remains bearish as its rally last week was seen as just a dead cat bounce, not based on a change in sentiment. “Inflationary pressure and geopolitical risks are starting to permeate global markets more deeply; central banks are becoming less aggressive on previously...
Philippine National Bank (PNB) is aiming to more than double its retail loan portfolio over the next three years, capitalizing on its strong capital ratios. During the Philippine Stock Exchange's investor day, PNB Chief Finance Officer Francis Albalate stated that these high capital ratios place...
Gen. Rommel Francisco Marbil, chief of the Philippine National Police (PNP), has ordered an all-out assistance to policemen who were severely affected by the series of weather disturbances that hit the country recently, the assistance includes repair of the damaged houses by police engineering...
(MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda has advised the Philippine government to "adapt" amid concerns that the peso slide against the United States (US) dollar would persist well into 2025. Incidentally, January...
A Philippine Coast Guard (PCG) personnel throws a box of family food pack to his comrades onboard a separate vessel during the unloading of relief assistance intended for victims of Super Typhoon "Pepito" at the Virac Port in Catanduanes on Nov. 22, 2024. (Photo: PCG) The Philippine Coast Guard...
House Speaker Martin Romualdez (Speaker’s office) House Speaker Martin Romualdez is prodding members of the Association of South East Asian Nations (ASEAN) and other countries to support the Philippines’ stand on issues involving the West...
A senior police official with a rank of Brigadier General has been recommended for dismissal from the service in connection with the alleged wrongdoings in the conduct of raid on Philippine Offshore Gaming Operator (POGO) in Parañaque City last year, the Internal Affairs Service of the...
Anti-narcotics operatives of the Philippine National Police (PNP) seized around P7.6 million worth of marijuana in a raid on a plantation in Tinglayan town of Kalinga on Friday, Nov. 22. PNP Drug Enforcement Group (PDEG) director Brig. Gen. Eleazar Matta said the raid in the marijuana plantation...
Ricky Vargas stressed his solid support for the reelection of Abraham “Bambol” Tolentino as president of the Philippine Olympic Committee (POC). And Vargas, Tolentino’s predecessor at the top POC post, couldn’t help but describe politics in the POC as “painful.” “I’m solidly for the...
CEBU CITY – Sen. Francis "Tol" Tolentino welcomed the signing into law of the Republic Act 12064 or the Philippine Maritime Zones (PMZ) Act. Tolentino said the law, which was signed by President Ferdinand R. Marcos Jr. on Nov. 8, bolstered the Philippines' rights to explore and exploit natural...