Malacañang has underscored the importance of keeping the financially beleaguered Philippine Airlines (PAL) "in the air" amid the coronavirus disease (COVID-19) pandemic. (Photo from PAL Facebook page) Presidential Spokesperson Harry Roque said in a virtual press briefing Monday, Sept. 6 that the...
SM Prime Holdings, Inc. is planning to raise up to P10 billion from the third tranche of its P100 billion fixed-rate bonds with the Securities and Exchange Commission in February last year. In a disclosure to the Philippine Stock Exchange, the firm said it has filed with the SEC an application for...
The local stock market took a breather from its climb last week while cautious investors locked down gains prior to the announcement of the new quarantine classification. The main index shed 20.03 points or 0.29 percent to close at 6,877.10 although only the heavyweight Holding Firms and Services...
The Philippine Charity Sweepstakes Office (PCSO) has issued the Notice of Award for the new P5.8 billion PCSO Lottery System to the joint venture led by Pacific Online Systems Corporation (POSC), a gaming firm controlled by businessman Willy Ocier. In a disclosure to the Philippine Stock Exchange,...
Philippine Ambassador to Prague Ombra Jainal has called on Czech investors to take a look at the Philippines' positive business outlook being one of the top emerging economies and countries for investments in the region amid the ongoing onslaught of the COVID-19 pandemic. Philippine Ambassador to...
Brig. Gen. Bagnus Gaerlan, assistant commander of the Philippine Army's 1st Infantry "Tabak" Division (1ID), died of acute respiratory failure caused by the coronavirus disease (COVID-19) on Monday morning, Sept. 6. Brig. Gen. Bagnus Gaerlan (File photo courtesy of Philippine Army 1st Infantry...
The Philippine Red Cross (PRC) has vaccinated over 180,000 individuals against coronavirus disease (COVID-19) through its vaccination centers and mobile vaccine clinics nationwide as of Sept. 5. Photo from Philippine Red Cross PRC Health Services Manager Mark Abrigo said 150,730 individuals were...
Senator Nancy Binay on Monday, September 6, said the government should help the nation’s flag carrier, Philippine Air Lines (PAL), weather through its financial setbacks by setting in place mechanisms to alleviate their circumstances while they go about their restructuring plans....
Photo from PBA PBA teams, particularly those that didn’t see action or had their games postponed, are expected to hold their collective breaths and hope that the latest RT-PCR test won't cause a disruption of their respective campaigns in the Philippine Cup. All 12 ballclubs were slated to...
Photo from PBA Kelly Williams said the return of coach Chot Reyes on the TNT sidelines has helped reinvigorate his PBA career following a brief retirement last year. Even at 39 years old, Williams has shown flashes of his old form in the PBA Philippine Cup as evident with the performance he put...
Photo from PBA Terrafirma’s victory over Blackwater that kept its remarkable run in the resumption of the PBA Philippine Cup was able to put into the spotlight those who played the supporting role for Juami Tiongson. With Tiongson struggling to repeat his heroic performances over San Miguel Beer...
This week, stock market investors will be watching out for three key government announcements on the quarantine classification as well as the latest inflation and unemployment data. “The local bourse may take cues from the government’s decision regarding the quarantine classifications of the...
