The Philippine Statistics Authority (PSA) revealed that the monetary intermediation industry, which includes banks, credit unions as well as other financial institutions, had the highest number of employees in 2022 compared to its other industry groups. The preliminary results of the 2022 Annual...
Senator Ronald "Bato" Dela Rosa is expected to confront the Philippine Amusement and Gaming Corporation (Pagcor) official who claimed that a former Philippine National Police (PNP) chief was on the payroll of illegal Philippine Offshore Gaming Operator (POGO) bosses. "You can expect that. You...
Senator Sherwin Gatchalian is pushing for an increase of the Presidential Anti-Organized Crime Commission's (PAOCC) 2025 budget to sustain the agency’s efforts against Philippine Offshore Gaming Operators (POGOs). “I commend the PAOCC for leading numerous raids against POGOS in the last few...
Kingdom of Jesus Christ leader Apollo Quiboloy (File photo) The Philippine National Police (PNP) has taken custody of an alleged former member of the so-called “Angels of Death” private army by detained Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy. Police Col. Jean Fajardo said on...
Former Bamban, Tarlac mayor Alice Guo (Photo by Mark Balmores / MANILA BULLETIN) The Philippine National Police (PNP) said Friday, Sept. 20, that it will adhere to a court order issued by the Pasig Regional Trial Court (RTC) to transfer former Bamban, Tarlac mayor Alice Guo from the custodial...
The local stock market continues to rally and was up by more than a hundred points to breach the 7,300 level intraday as investors grow more upbeat amid monetary policy changes that will release more money into the system. The main index rose by 50.16 points or 0.70 percent to close at 7,252.32 as...
Senator Juan Miguel "Migz" Zubiri hailed Japanese companies' commitment to expanding their investments in the Philippines ahead of the anticipated passage of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act. Senate...
A young local stock brokerage, Luna Securities, Inc., is upping the ante in the competitive industry by slashing down its broker’s commission to an industry best rate of 0.12 percent to all of its clients, account holders and users of its trading app. In a media event, the company launched its...
Senator Alan Peter Cayetano renewed his pitch for the proposed Philippine Natural Gas Development Act—a measure that is crucial for the country’s goal of achieving long-term energy security. Earlier, his sister, Sen. Pia Cayetano, chairperson of the Senate Committee on Energy, sponsored...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
Almost 900 container vans loaded with around half a million sacks of rice remain at the Manila International Container Terminal (MICT) despite the clearances issued by the Bureau of Customs, raising fears that it would result in artificial rice shortage and eventually lead to price increase....
This year's US presidential election and the Philippines' midterm polls next year, among other geopolitical and climate events, pose risks to near-term economic outlook here and abroad, according to the Washington-based Institute of International Finance (IIF). "Political uncertainties and policy...
