Local share prices jumped back after the previous day’s contraction as investors continued to bet on a rate cut. The main index surged 119.89 points or 1.85 percent to close at 6,609.24 with Conglomerates leading the rally. Volume rose to 427 million shares worth P6.80 billion as gainers beat...
State-owned Philippine Guarantee Corporation (PhilGuarantee) extended loan guarantees totaling P236.98 billion to support small businesses last year, the Department of Finance (DOF) said. In a statement, Finance Secretary Ralph G. Recto, who also serves as the chairperson of PhilGuarantee,...
The Philippine Competition Commission (PCC) has published its Guidelines on Merger Remedies which outlines how it assesses the merging parties’ proposals to address competition concerns arising from merger and acquisition (M&A) transactions. The Guidelines contain guidance on the design,...
Senator Risa Hontiveros believes that former presidential spokesperson Harry Roque is challenging their own documents when he denied being legal counsel to Lucky South 99, Philippine Offshore Gaming Operator (POGO) compound in Porac, Pampanga. Senator Risa Hontiveros (Senate PRIB photo) "Well,...
By ANTONIO L. COLINA IV DAVAO CITY – A Philippine Eagle with a bullet wound on its left wing died hours after it was found by soldiers in Barangay Mangayon, Compostela, Davao de Oro on Monday, July 8. PHILIPPINE Eagle ‘Mangayon’ under treatment at the Philippine Eagle Foundation in...
Philippine Amusement and Gaming Corporation (Pagcor) Chairman and Chief Executive Officer (CEO) Alejandro Tengco said on Wednesday, July 10 that more or less 250,000 Filipinos are at risk of losing their jobs should there be a total ban on Philippine Offshore Gaming Operators (POGOs). "Ang sinasabi...
Senate Majority Leader Francis Tolentino likened the fate of the missing fisherman in Subic, Zambales to a "hit-and-run". Philippine Coast Guard personnel retrieve the wreckage of fishing banca "John Robert" on July 9, 2024 after it was hit by an unidentified vessel in subic, Zambales on July 3....
Seven policemen, including an officer with a rank of Lieutenant Colonel, were demoted for implementing a search warrant issued by a local court on a wrong house in Zamboanga Sibugay last year, the Internal Affairs Service (IAS) disclosed on Wednesday, July 10. IAS Inspector General Brigido Dulay...
DAVAO CITY – The Philippine Eagle Foundation has urged the government to implement stringent measures for the protection of the critically endangered Philippine Eagle following the death of another injured raptor hours after the bird was rescued in Compostela town in Davao de Oro on July 8. ...
A Philippine Navy officer called for justice after disclosing to the Senate Committee on Women, Children, Family Relations and Gender Equality how she fell victim to identity theft. Philippine Navy Lt. Jessa Mendoza testifies at the Senate Committee on Women, Children, Family Relations and...
The Philippines is eyeing robust jumpstart on knowledge transfer as well as training on gaining and ramping up technical expertise on nuclear development and operations following the effectivity of the 123 Agreement with the United States. This has been indicated to the media by Energy Secretary...
The Philippine Stock Exchange Index (PSEi) dropped on profit-taking despite the Nasdaq and S&P hitting all-time highs. The main index lost 67.31 points or 1.03 percent to close at 6,489.35 with the Industrial sector posting the biggest loss. Volume was steady at 413 million shares worth P6.22...
