The Philippine Electricity Market Corporation (PEMC), which serves as the governance body of the Wholesale Electricity Spot Market (WESM), has elected its new set of board of directors and officers that will help oversee the operations of the country’s power spot market. The reconstituted board...
President Marcos has issued Proclamation No. 598 declaring October 30 of every year as "National Day of Charity" as part of his administration's commitment to promoting and uplifting the lives of every Filipino under a "Bagong Pilipinas." The two-page proclamation, signed by Executive Secretary...
President Marcos has ordered Executive Secretary Lucas Bersamin to release additional funds to the Philippine Sports Commission (PSC) for the participation of Filipino athletes to the upcoming Olympics. President Ferdinand 'Bongbong' Marcos Jr. leads the send-off ceremony for Filipino athletes...
The National Maritime Council (NMC) has recommended to President Marcos to publicize the rotation and resupply (RORE) missions to the Ayungin Shoal as it raised the possibility that the recent incident in the West Philippine Sea (WPS) may have been due to China possibly not being informed of the...
An organization of business groups expressed their support to the country’s soldiers and marines for their service to the nation amid conflict in the West Philippine Sea. In a statement on Friday, June 21, the Philippine Business Groups said it laud the dedication and self-sacrifice of the men...
The local stock market benchmark plunged almost 200 points to its lowest level this year as bearish sentiment prevailed. The main index fell 186.08 points or 2.93 percent to close at 3,158.48 with the Mining sector leading the retreat across the board. Volume rose to 632 million shares worth a...
Senate Deputy Minority Leader Risa Hontiveros on Friday, June 21 condemned the brutal assault of the China Coast Guard against Filipino troops at the West Philippine Sea. Hontiveros said the recent actions of the CCG at Ayungin Shoal must be condemned—repeatedly and...
Tycoon Ramon S. Ang of San Miguel Corp. (SMC) is joining President Marcos’ economic managers in Tokyo to showcase investment opportunities in the Philippines. Having recently delegated day-to-day management of the country’s most diversified conglomerate to his eldest son, Ang will take part in...
The PSEi is still on a losing streak, declining as the market suffers from a lack of fresh leads. The main index lost 21.47 percent or 0.34 percent to close at 6,344.56 as Banks and Services led the retreat. Volume was still below average at 328 million shares worth P3.94 billion as gainers...
(Top photo, left) General Yoshihide Yoshida, Chief of Joint Staff of the Japan Self-Defense Forces (JSDF) meets General Romeo Brawner Jr., Chief of Staff of the Armed Forces of the Philippines (AFP), via video teleconference on June 20, 2024 to discuss China Coast Guard’s (CCG) aggression during...
The Philippines has commended the United Nations Security Council for crafting a resolution that underscores the urgent need to address the escalating crisis in Gaza. In a statement on Thursday, June 20, the Department of Foreign Affairs (DFA) said the resolution reaffirms the international...
Owa Retamar is hoping for consistency as the national team builds its lineup heading into the country’s historic hosting of the 2025 FIVB Men's World Championship. Owa Retamar (UAAP Media) With the solo hosting gig came an outright berth for the Philippines to participate in the...
