PRESIDENT Rodrigo R. Duterte has fired Philippine Charity Sweepstakes Office (PCSO) General Manager Alexander F. Balutan because of corruption allegations, Malacañang said on Friday.
By Melissa Luz T. Lopez, Senior Reporter THE central bank can start considering cuts in policy rates, new Governor Benjamin E. Diokno said Friday, but...
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THE government has raised P235.935 billion from its latest offering of retail Treasury bonds (RTBs), National Treasurer Rosalia V. De Leon said on Friday.
THE Metropolitan Manila Development Authority (MMDA) said the traffic situation along Commonwealth Avenue in Quezon City has improved since the Tandang Sora flyover was closed last week.
MALACAÑANG has directed all government offices and agencies to join in the implementation of the administration’s poverty reduction program.
THE BUREAU of Internal Revenue (BIR) outlined the tax duties of candidates for the midterm elections, which covers their campaign expenses and contributions.
THE Commission on Elections (Comelec) has dismissed the request of the Otso Diretso slate for a debate against the Hugpong ng Pagbabago candidates.
IMPORTANCE for women’s rights go beyond laws and should be emphasized especially under the current administration, various stakeholders said as International Women’s Day was celebrated on March 8.
THE Finance department has asked the Department of the Interior and Local Government (DILG) to crack down on towns and provinces that fail to keep residents from building homes in mining and quarrying areas.
THE government said a Dutch shipbuilding company is taking an interest in investing in the Philippines, and among the options it is looking into is working with the Philippine Navy and taking over the facility of Hanjin Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Philippines) in Subic, Zambales.
THE National Food Authority (NFA) defended its total debt of P140.5 billion by end-2018 as the “cost of government’s commitment and policy to make rice available, affordable and accessible to the poor and marginalized sectors, and to stabilize palay and rice supply and prices at the farm and consumer levels.”
THE province of Negros Occidental has suffered P6.11 million worth of damage to its rice crop due to the dry spell brought about by the weak El Niño weather phenomenon, according to the Regional Disaster Risk Reduction and Management Council-Western Visayas (RDRRMC-6).
ABOITIZ Equity Ventures, Inc. (AEV) saw its consolidated profit rise by three percent in 2018, as its weaker performance in the fourth quarter tempered its full-year results.
DMCI Holdings, Inc.’s consolidated net income slid by two percent in 2018, weighed down by its coal mining unit’s prolonged plant shutdown despite the better performance of other business units.
THE consortium of Japanese firm Marubeni Corp. and engineering and construction firm D.M. Consunji, Inc. secured the $62-million (about P3.24-billion) contract for the Manila Light Rail Transit (LRT) Line 2 East Extension project.
DEL MONTE Pacific Limited (DMPL) swung back to profitability in the third quarter ending January, even as sales slipped in the same period.
THE Department of Environment and Natural Resources (DENR) on Friday said it ordered the shutdown of three fast food restaurants in Calapan City, Oriental Mindoro for violation of its standards on waste discharge.
CUSTOMER experience business Majorel is looking to grow by double-digits in the Philippines this year.
THE Government Service Insurance System (GSIS) has recommended a P1,000 increase in the monthly pensions paid to retirees, it announced Friday.
THE PESO slipped to two-week low versus the dollar on Friday, reeling from negative market sentiment following a dimmer global outlook from the European Central Bank (ECB).
SHARES retreated on Friday, tracking the sell-off overseas on the back of fears of the global economic growth slowdown.
WHILE the Lopez family can be construed as just another of the 40 families or so that form the nation's elite, the story of the country flows well in their veins, and at the same time, their story imprints on ours. The various Lopez holdings in land, energy, and media, summarized in the Lopez Group of Companies (that includes media conglomerate ABS-CBN, the Rockwell Land developments, and energy companies under First Philippine Holdings Corp., among many, many others) shape the way we live lives in the city and its surrounding environs.
YOUNG WOMEN entering the field of science, technology, engineering, and mathematics (STEM) face many challenges, given the prejudice against their gender.
LATEST data show a decline in the country’s unemployment rate and underemployment rates in January, the government’s statistical agency reported on Thursday. Read the...
LATEST data show a decline in the country’s unemployment rate and underemployment rates in January, the government’s statistical agency reported on Thursday.
DISTRIBUTION utility Manila Electric Co. (Meralco) announced on Thursday a slight increase in the overall electricity rates for March to P10.4961 per kilowatt-hour (/kWh), up by P0.0894/kWh from the P10.4067/kWh in February.
FOREIGN CURRENCY reserves rose in February for the fourth straight month, the central bank reported on Thursday, marked by higher investment income at a time of a stronger peso.
THE online trolling was fierce.
THE country’s queen of Jazz, Annie Brazil (born Justiniana Bulawin), died of pneumonia at the age of 85 on the afternoon of March 5 in Quezon City, her children — singers Richard James B. Merk and singer Rachel Anne Wolfe, and Raffy Wolfe — confirmed in separate Facebook posts on the day of her passing.
PLDT, Inc. is allocating a record P78.4 billion in capital expenditures (capex) for this year, 34% higher than last year’s figure, as the telecommunications giant ramps up its network expansion amid the impending entry of a new player.
LOS ANGELES — Jeopardy! host Alex Trebek, one of the most recognizable faces in US television, has been diagnosed with stage 4 pancreatic cancer, he said in a video message on Wednesday. He vowed to beat the disease despite its low survival rate.
AYALA CORP. (AC) is keeping its capital spending steady this year, while keeping a “fairly positive” outlook about the group’s businesses moving forward.
LOS ANGELES — The groundbreaking novel One Hundred Years of Solitude by Gabriel Garcia Marquez is coming to the screen for the first time in a Spanish language series for Netflix, the streaming service said on Wednesday.
MEGAWORLD CORP. expects two new residential condominiums within its Parañaque City township to generate P18 billion in sales.
R&B SINGER R. Kelly was arrested for a second time in recent weeks on Wednesday — this time for failure to pay child support — hours after lashing out in a TV interview against charges that he had sexually assaulted teenage girls.
LONDON — Keith Flint, the Prodigy lead singer who captured the hedonistic spirit of 1990s British rave culture, has died aged 49 in what the band’s founder described as a suicide.
WILCON DEPOT, Inc. saw its net income jump by 32% in 2018, driven by strong same-store sales growth and the opening of new stores.
ACTOR Luke Perry, who rose to superstardom on the teen-oriented 1990s US TV drama Beverly Hills 90210 and then aged into a fatherly role on comic-based Riverdale, died on Monday at the age of 52 after suffering a “massive” stroke last week, his publicist said.
SM PRIME Holdings, Inc. plans to issue P10 billion worth of bonds this year, which were given the highest rating by a local debt watcher.
LONGER exposure to work conditions will ensure the employability of senior high school students, particularly those in Technical-Vocational Education (TVE), a technical school educator said.
THE International Labor Organization (ILO) said Artificial Intelligence (AI) is likely to complement the labor force to boost workplace productivity rather than replace workers altogether.
ONE OF Japan’s most beloved cat cartoon characters is headed for Hollywood.
TAGOLOAN — Gardenia Bakeries Philippines, Inc. expects stronger sales in Mindanao, after the inauguration of its bread-making plant here on Thursday.
THE BANGKO SENTRAL ng Pilipinas (BSP) expects economic growth to remain above six percent this quarter, with the view that strong government spending will prop up domestic activity despite budget delays and as inflation slows.
WHAT were they thinking? If you watch Leaving Neverland, the HBO documentary about Wade Robson and James Safechuck, two men who say that Michael Jackson sexually abused them as children, you will find yourselves asking that question a lot.
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