Philippines National Bank, the financial services arm of the Lucio Tan Group, is planning to raise fresh funds from the issuance of US dollar-denominated notes. In a disclosure to the Philippine Stock Exchange, the bank said it has mandated ING and J.P. Morgan as Joint Lead Managers and Joint...
The local stock market fell as investors worry about the possible impact of the higher-than-expected US inflation rate might have on interest rate cuts. The main index dropped 101.15 points or 1.36 percent to close at 7,310.32 with the interest rate-sensitive Property sector suffering the biggest...
Amphibious assault vehicles (AAVs) of the Philippine Marine Corps, US Marine Corps, and Japan Ground Self Defense Force land on the beaches of Marine Base Gregorio Lim in Ternate, Cavite on Oct. 12, 2019 for KAMANDAG Exercise. (Photo by PMC) Filipino and American marines will work with their...
The Philippine Army (PA) said Friday, Oct. 11, that it will not tolerate the actions allegedly done by a soldier who is accused of killing his wife, mother-in-law and driver inside Camp Melchor dela Cruz, the headquarters of the Army's 5th Infantry Division (5ID), in Gamu, Isabela. Col. Louie...
Senator Raffy Tulfo has expressed concern over the various violations he encountered after a surprise inspection at Binangonan Port, Rizal where a motorbanca capsized last year and resulted to the deaths of 27 people. Senator Raffy Tulfo conducts a surprise inspection at Binangonan Port, Rizal....
The country’s trade deficit narrowed in August as imports grew at a slower pace than exports, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed that the trade balance—the difference between exports and imports—fell to a 6.6-percent deficit of $4.38 billion, from an...
ILOILO CITY – The inflation rate in Western Visayas dropped to 3.3 percent in September, the Philippine Statistics Authority-6 said on Thursday, October 10. A VEGETABLE vendor in Iloilo City. The inflation rate in Western Visayas dropped in September to 3.3 percent. (Tara Yap) Nida Amolar, PSA-6...
President Marcos has called on members of the Association of the Southeast Asian Nations (ASEAN) to expedite the negotiations of the ASEAN-China Code of Conduct (COC) as he lamented how Filipinos are still being harassed and intimidated by Chinese forces in the South China Sea. President Ferdinand...
Flag carrier Philippine Airlines (PAL) is adding flights from Manila to Cauayan, Isabela starting January 15, 2025 as it continues to grow its domestic network. In a statement, the airline said the new PAL service will offer daily flights for the convenience of traveling tourists, businessmen and...
Admitting that the situation in Myanmar has not changed despite the Five-Point Consensus, President Marcos bared that the Association of Southeast Asian Nations (ASEAN) is "trying to formulate" new strategies to address the situation. President Ferdinand 'Bongbong' Marcos Jr. attends the plenary...
Around ₱39.8 billion worth of illegal drugs were seized under the administration of President Marcos, the Philippine National Police (PNP) reported on Wednesday, Oct. 9. PNP chief Gen. Rommel Francisco Marbil said the seized illegal drugs were confiscated in more than 109,000 operations from July...
Ateneo de Manila University, on Wednesday, Oct. 9, announced that it has secured the top spot among Philippine institutions in the Times Higher Education (THE) World University Rankings for the third consecutive year. Photo from Ateneo de Manila University’s Facebook page In a statement posted on...
