The Philippine Amusement and Gaming Corp. (Pagcor) said that about 255 former offshore gaming operations, previously known as “POGOs,” may have been operating illegally in the country. Alejandro Tengco, Pagcor chairman and chief executive officer, said these 255 POGOs had their overseas gaming...
The Philippine Competition Commission (PCC) said it has begun a Phase 2 review of a proposed joint venture involving independent tower companies in the country to fully assess the impact on competition after the Phase 1 review. In a statement on Tuesday, June 11, the anti-trust body said that the...
The Philippine Stock Exchange index (PSEi) continued to drop as investors cashed out prior to the midweek holiday while waiting for news from the US Federal Reserve. The main index lost 48.57 points or 0.75 percent to close at 6,410.07 as the Services sector led the retreat. Volume remained weak at...
BURAUEN, Leyte – A pair of Philippine Eagles were translocated here on June 11 as part of the Philippine Eagle Foundation program to regenerate their population in the wild. PHILIPPINE Eagle Foundation Director for Operations Dr. Jayson Ibañez and animal keeper Dominic Tadena carry a pair...
Chinese personnel onboard two RHIBs rush to take a food package airdropped by personnel of the AFP onboard two smaller rubber boats during a resupply mission in Ayungin Shoal on May 19, 2024. (Photo by AFP) A total of 146 Chinese vessels have been monitored in the West Philippine Sea (WPS) during...
A surge in imports led to the country’s trade deficit reaching its highest level since November last year, preliminary data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report released on Tuesday, June 11, the gap in the trade balance, or the difference between the...
The government has approved the financing of ¥64.38 billion or P24.57 billion for the design, construction, and delivery of five units of 97-meter multi-role response vessels from Japan. Department of Finance (DOF) Secretary Ralph G. Recto and Japan International Cooperation Agency (JICA) Chief...
President Marcos said the Philippines must be prepared as external threats have become "worrisome." President Ferdinand R. Marcos Jr. graces the 61st Founding Anniversary of the Special Forces Regiment (Airborne) of the Philippine Army at Fort Magsaysay in Palayan City, Province of Nueva Ecija...
AFP spokesperson Col. Francel Margareth Padilla (Photo by Martin A. Sadongdong / MANILA BULLETIN) The People’s Liberation Army (PLA) uniforms found by authorities inside a raided Philippine Offshore Gaming Operator (POGO) facility in Porac, Pampanga could have been used as props and are not...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo is suggesting a more drastic, yet still diplomatic, move for the Philippines in its bid to protect its interests in the West Philippine Sea (WPS) from China. ...
"Why would we notify?" That was Foreign Affairs Secretary Enrique Manalo's short and simple answer when asked about his comment on China's pronouncement that the Philippines must inform China first of its planned activities in the West Philippine Sea. Manalo questioned China’s demand...
The local stock market started the weak soft, falling on profit-taking and concern over the US jobs report. The main index lost 60.12 percent or 0.92 percent to close at 6,458.64 with the Mining and Oil sector leading the decline across the board. Volume fell to 282 million shares worth P3 billion...
