The Philippine Ports Authority (PPA) launched on Tuesday, July 9, five major projects to mark the 50 th anniversary celebration of the agency, including a K-9 Academy in Pampanga and a cruise ship terminal in Surigao del Norte. PPA General Manager Jay Daniel Santiago said the projects are the...
The Philippine Statistics Authority (PSA) reminded that individuals who refuse to comply with its national population census and survey may face imprisonment and be fined P100,000. PSA said that those who fail to cooperate with the 2024 Census of Population will be fined P100,000, as per Republic...
Local share prices rose on the back of gains in US stocks due to rate cut hopes. The main index added 27.23 points or 0.42 percent to close at 6,556.66 as Conglomerates led the advance while Banks and Miners retreated. Volume rose to 767 million shares worth P6.74 billion as gainers upset losers 97...
BRP Sierra Madre (Photo: Armed Forces of the Philippines) (Updated) The Armed Forces of the Philippines (AFP) dismissed as a “false narrative” the report of China which accused Philippine Navy (PN) warship BRP Sierra Madre (LS-57) of supposedly causing “significant harm” to the marine...
China has dug up Japan's colonial history with the Philippines to criticize its signing of a military deal with Manila that came amid Beijing's continued harassment in the West Philippine Sea. Lin Jian, spokesman for China's Foreign Ministry, said it is Japan that "bears serious historical...
The Board of Investments (BOI) reported on Tuesday, July 9, that the government is crafting a strategic roadmap to propel the development of the domestic bioplastics sector. In a statement, the Department of Trade and Industry’s (DTI) investment promotion agency said it aims to formalize the...
China has continued to justify its illegal intrusion into the Philippine exclusive economic zone (EEZ), with the latest one on the Sabina Shoal. After the Philippine Coast Guard (PCG) reported that China anchored its “monster” ship, the Chinese Coast Guard (CCG) vessel 5901, near Sabina or...
Catholic Bishops’ Conference of the Philippines (CBCP) President and Kalookan Bishop Pablo Virgilio David (Diocese of Kalookan/File Photo) The Catholic Bishops’ Conference of the Philippines (CBCP) on Monday, July 8, urged the faithful to pray for peace amid the territorial dispute between...
The local stock market started the week on a positive note ahead of the release of several important economic data in the Philippines and the US. The main index added 36.68 points or 0.56 percent to close at 6,529.43, although half the sub-indices retreated. Volume rose to 447 million shares worth...
The Philippine Statistics Authority (PSA) reported that the number of jobless Filipinos decreased in May compared to the previous year; however, the figures were higher than they were a month ago. The PSA Labor Force Survey revealed on Monday, July 8, that the unemployment rate in May this year...
The country’s inflation rate may have peaked this year after the rice tariff cut was implemented, analysts have suggested. In its June inflation report, the Bank of the Philippine Islands (BPI) stated that the July inflation data will likely remain near the upper limit of the Bangko Sentral ng...
The government’s share of the Philippine Amusement and Gaming Corp. (Pagcor) income increased by a quarter in May amid the gaming industry’s sustained resurgence. According to data from the Bureau of the Treasury, the gaming regulator and operator remitted P3.27 billion to state coffers in May...
