The local stock market dropped further on growing fears that the US will go into recession. The main index fell 70.30 points or 1.07 percent to close at 6,496.50 as the Mining and Oil sector led the retreat with only the Industrial counter managing to hold its ground. Volume was stable at 558...
Instead of gift certificates, home appliances, gadgets, or hotel promos, the Philippine Mortuary Association (PMA) chose their own products as raffle prizes for their Christmas party -- colorful caskets tied with ribbons. The Christmas party which was held in Las Pinas has gone viral on social...
A bill that seeks to establish the country's competitive edge in the natural bamboo market in transport, construction, furniture, and fabric sectors that can lead to industrial-manufacturing development will be refiled in Congress. Bohol Representative Edgardo M. Chatto said he will refile House...
Before the day ended on Wednesday, Dec. 14, Trade and Industry Secretary Alfredo E. Pascual issued his third department order (DO) for the day, as he sought to clarify the leadership position at the Philippine Economic Zone Authority, but only muddled the issue some more. DO 22-116, Series of 2022,...
The local stock market dropped on concern that the US Federal Reserve will keep rates high as inflation remains elevated. The main index lost 48.27 points or 0.73 percent to close at 6,566.80 as the Services sector led all counters in the retreat. A total of 2.06 billion shares worth P7.27 billion...
Senator Joseph Victor “JV” Ejercito has called on the government to expedite building up defense forces and military equipment in the West Philippine Sea saying China’s military assets now appear to be moving closer to the Philippines’ coastline. Ejercito issued the call following Sen....
Fort Santiago was the perfect space for this art exhibit, imbibing the art pieces with a unique old-world charm "Art is long, and time is fleeting…" to paraphrase a famed line by American poet Henry Wadsworth Longfellow. And like the sudden gust of strong sea wind, this solo exhibit by...
The Securities and Exchange Commission has confirmed that the Bank of the Philippine Islands’ P5-billion 1.5-year Peso Fixed-Rate Bonds due 2024 called BPI Reinforcing Inclusive Support for MSMEs Bonds (BPI RISE Bonds) has qualified as ASEAN Social Bonds. The bank said in a disclosure to the...
There was no lucky winner for the jackpot prize of Mega Lotto 6/45 worth P82,369,895.40 in the evening draw of the Philippine Charity Sweepstakes Office (PCSO) on Wednesday, Dec. 14. PCSO / MANILA BULLETIN The correct combination was 07-11-02-17-30-38. PCSO said 37 bettors hit the second prize...
The Senate approved on Wednesday, December 14 a resolution expressing the sense of the Senate on the continuous harassment and intimidation tactics of Chinese armed forces in the West Philippine Sea (WPS). The unnumbered resolution was introduced by Senator Francis ‘’Tol” Tolentino. It was...
Senator Francis ‘’Tol’’ N. Tolentino on Wednesday, December 14 urged members of Congress, the country’s maritime security forces and diplomats to ensure that the country’s interests in the West Philippine Sea are protected and enhanced. In a privilege speech during the last day of the...
The Philippine Space Agency (PhilSA) and the United Arab Emirates Space Agency (UAESA) inked a partnership for space research, development, and data mobilization. Courtesy of Emirates News Agency Among the issues that these initiatives will focus on are disaster management, emergencies, food...