Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
First Lady Liza Araneta-Marcos has expressed her desire to support the Philippine film industry as she met key industry players in Manila last week. First Lady Liza Araneta-Marcos meets Philippine film industry key players in her office in Manila on Feb. 6, 2024. (Liza Marcos/Facebook) On her...
ILOILO CITY – The inflation rate in January is the lowest for Western Visayas since 2019. CONSUMERS buy fish in a stall in Iloilo City. (Tara Yap) The Philippine Statistics Authority (PSA)-6 said that prices of basic goods and services dropped 0.2 percent from 3.2 percent in December to three...
A politicized police and military forces leads to dysfunctional institutions and eventually results in the failure of a country as a working state, the top official of the Philippine National Police (PNP) said on Monday, Feb. 12, amid the current bickering of two major political forces. This is the...
State-owned Philippine Amusement and Gaming Corp. (PAGCOR) recently launched a series of relief missions to assist hundreds of individuals and families across the country. Pagcor representatives turn over more than 400 relief packs to Manila City Department of Social Welfare Director Ma. Asuncion...
The local stock market will be looking for cues from fresh corporate earnings reports and the US inflation data this week, even as some profit-taking is expected after the recent rally fueled by the low inflation rate and expectations of rate cuts later this year. “The local market continues to...
Philippine Coast Guard (PCG) personnel hand out humanitarian aid to Filipino fishermen in Bajo de Masinloc, Zambales. (Photo by PCG) The Philippine Coast Guard (PCG) has completed a nine-day patrol operation in Bajo de Masinloc (Panatag or Scarborough Shoal) in Zambales which allowed over 100...
The Department of Finance (DOF) has indicated that the Marcos administration may need to adjust its economic growth targets due to the lower-than-expected expansion recorded last year. Finance Secretary Ralph G. Recto emphasized the need for the Development Budget Coordination Committee (DBCC) to...
Brig. Gen. Felix Ronnie Babac, commander of the 1001st Infantry "Pag-asa" Brigade, speaks at an online press conference on Feb. 10, 2024 to give updates on the search and rescue efforts in the landslide-hit Brgy. Masara, Maco, Davao de Oro. (Screenshot) High-tech military equipment were dispatched...
Philippine Navy ship BRP Gregorio del Pilar (PS15) and US Navy ship USS Gabrielle Giffords (LCS 10) sail together in the West Philippine Sea during the third Maritime Cooperative Activity (MCA) on Feb. 9, 2024. (Photo by Armed Forces of the Philippines) The Armed Forces of the Philippines (AFP) and...
(Courtesy of 802nd Infantry Brigade / Facebook) (Updated) Two alleged New People's Army (NPA) rebels who were tagged in the killing of their former comrades who surrendered to the government died in an encounter with Philippine Army (PA) troops in Albuera, Leyte on Saturday morning, Feb. 10....
Filipinos are projected to up their rice intake this year, solidifying the country's rank as the sixth-largest consumer of this grain worldwide, the latest report from the United States Department of Agriculture (USDA) indicated. According to the USDA's Grain: World Markets and Trade report, it is...
