With construction costs on the rise and banks hiking interest rates for borrowers, many Filipinos have opted to completely rethink their plans for constructing new homes and business buildings. Data from the Philippine Statistics Authority (PSA) showed that the cost of construction activities in...
The Philippine Dental Association (PDA) emphasized that "dental caries," or tooth decay, is recognized as a disease and should not be ignored. “Madalas sabihin ng iba, ay ngipin lang 'yan, malayo 'yan sa bituka, which is not,” PDA Executive Secretary Dr. Sheryl Anne Rose Lantican said during...
The Ayala Group’s financial services arm Bank of the Philippine Islands (BPI) is looking to raise $300 million by September this year to refinance maturing bonds of the same amount. BPI Chief Finance Officer Eric M. Luchangco “We're looking at various options, but we will we will refinance that...
The Philippine Coast Guard (PCG) denied the claim of its Chinese counterpart that it drove away a ship of the Bureau of Fisheries and Aquatic Resources (BFAR) at the Scarborough Shoal. Comm. Jay Tarriela, PCG spokesperson on West Philippine Sea, said the Chinese Coast Guard was referring to the...
Filipino families tend to be more cautious and conservative in their approach to debt when compared to their neighbors in Southeast Asia. With a debt ratio of only 12.6 percent, Philippine households recorded the lowest debt burden compared to those in Indonesia, Vietnam, Singapore, Malaysia, and...
ZAMBOANGA CITY – Smuggled cigarettes worth P398 million were seized by the Philippine Navy and other concerned agencies from a cargo vessel manned by Indonesians in the sea of Tawi-Tawi on February 1. Philippine Navy personnel were initially alerted by the National Coast Watch Center about...
June Mar Fajardo regained the top spot in the season Most Valuable Player race even after missing a significant number of games in the Commissioner’s Cup which also dislodged him in the battle for the Best Player of the Conference Award. San Miguel Beermen star June Mar Fajardo (PBA Images)...
The Philippine Coast Guard (PCG) on Wednesday, Feb. 21, said it will cooperate with the Philippine National Police (PNP) after one of its personnel allegedly went amok and engaged in a shooting spree in Naic, Cavite. Admiral Ronnie Gil Gavan, PCG commandant, directed the Coast Guard Internal...
FA-50 light fighter jets of the Philippine Air Force fly with a B-52H bomber aircraft of the United States Pacific Air Force for its first ever combined air patrol over the West Philippine Sea on February 19, 2024. (Photo by PAF) The Philippines, through the National Security Council (NSC),...
The Philippine Stock Exchange Index (PSEi) rose on the back of strong corporate earnings as well as hopes that the Bangko Sentral ng Pilipinas (BSP) will cut rates soon. The main index moved up 42.70 points or 0.62 points to close at 6,897.36 as the Property counter led with a strong recovery while...
While the Philippines needs to protect its sovereignty over its territories especially its maritime assets, the government should strictly observe a balanced approach on such matters, Sen. Alan Peter Cayetano said. Cayetano pointed this out during his interpellation on Senate Bill No. 2492 or An...
Agencies that refuse to accept the national ID as sufficient valid proof of identity without just cause are punishable with a fine of P500,000, the Philippine Statistics Authority (PSA) said. This is based on the Republic Act 11055 or the PhilSys Act, wherein penalties ranging from P50,000 up to P5...