President Rodrigo R. Duterte on Friday confirmed that Agriculture Secretary Emmanuel F. Piñol is leaving his Cabinet post. But this does not mean he is out of government.
INFLATION eased in June to post its slowest reading in almost two years, the Philippine Statistics Authority (PSA) reported on Friday, giving more room for the central bank to continue loosening monetary policy.
FACTORY OUTPUT posted its sixth consecutive month of decline in May albeit at a slower pace, the Philippine Statistics Authority (PSA) reported on Friday.
JUSTICE Secretary Menardo I. Guevarra said on Friday that the Philippine government is ready should the United Nations start a probe into the administration’s war on drugs, this after Reuters reported that Iceland has submitted a draft resolution calling for an investigation into the alleged killings related to the drug war.
AS THE battle for House speakership drags on with more players joining the fray, Presidential son and Davao City 1st district Rep. Paolo Z. Duterte has formed a coalition in the hope of uniting the House.
PRESIDENT Rodrigo R. Duterte has appointed Jeremiah B. Belgica as director general of the Anti-Red Tape Authority (ARTA), Malacañang said on Friday.
SENATOR Sherwin T. Gatchalian filed a bill that aims to raise the salary of public school teachers to be at par with the ASEAN average.
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DESPITE President Rodrigo R. Duterte’s threat to jail anyone who files an impeachment case against him, fishermen’s group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) on Friday vowed to pursue his impeachment for “treason and violating the Constitution” for allowing Chinese nationals to exploit marine resources in the country’s exclusive economic zone (EEZ).
THE Department of Interior and Local Government (DILG) said the local government of Cebu City will file cases against former mayor Tomas R. Osmeña for stripping bare his office as his term ended last week.
REPLYING to the demand letter sent by the Department of Interior and Local Government (DILG) regarding the failure of the Presidential Communications Operations Office (PCOO) to submit progress reports on the P10-million information campaign drive on federalism, PCOO Assistant Secretary Marie Banaag turned the tables on the Commission on Audit (COA), saying it was the COA’s own guidelines that slowed the transfer of funds.
OFFICIALS from Kapa-Community International Ministry, Inc. (Kapa) failed to show up on Friday in the Department of Justice’s(DoJ) first preliminary probe on the alleged Ponzi scam spearheaded by the organization on its members.
THE Sandiganbayan Fourth Division will wait until the Supreme Court lifts the temporary restraining order (TRO) on the graft and usurpation cases against former President Benigno C. Aquino III before it can hear Ombudsman Samuel R. Martires’ motion to withdraw the cases.
THE business process outsourcing (BPO) industry is seeing 50,000 job opportunities going up in smoke thanks to the government’s moratorium on opening new ecozones in Metro Manila.
THE Department of Public Works and Highways (DPWH) is scheduling to open a portion of the Metro Manila Skyway Stage 3 within the month.
LOCAL brokerage firm Philstocks Financial, Inc. revised upward its yearend target for the Philippine Stock Exchange index (PSEi) to 8,500, banking on the continued slowdown of inflation and better earnings in the second half of the year.
YUCHENGCO-LED EEI Corp. has partnered with South Korea’s Hanjin Heavy Industries & Construction Co. Ltd. (HHIC) for potential construction projects in the country.
GROSS international reserves climbed for the eighth straight month in June, the central bank reported Friday.
MONEY SUPPLY growth eased in May due to lower demand for credit, the Bangko Sentral ng Pilipinas (BSP) reported Friday.
ALLIANZ PNB Life Insurance, Inc. expects the life insurance industry to post slower growth in 2019 dragged by liquidity issues in the first half of the year.
THE PESO declined against the dollar on Friday as the currency continued to trade sideways ahead of the release of jobs data in the United States.
STOCKS climbed on Friday as inflation decelerated to its slowest level in almost two years in June.
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Manufacturing output posted its sixth consecutive month of decline in May albeit at a slower pace, the government reported this morning. Preliminary results of the...
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THE PHILIPPINES’ “fairly robust” economic growth -- though below official target so far -- can be expected to generate profit and expansion opportunities for banks in the country, Fitch Ratings said on Thursday, adding that liquidity conditions will likely ease further due to central bank steps to loosen monetary policy in step with much of the world.
CHANGING the Constitution in the second half of President Rodrigo R. Duterte’s six-year term that began in mid-2016 would be “disruptive” to the economy, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said in an interview televised on Thursday.
A PLAN to expand the country’s renewable energy (RE) portfolio needs “careful study” -- even if it is a step in the right direction -- in order to prevent passing the burden to consumers, the chairman of the Senate’s energy panel said.
BACKED BY two years of research into the Philippines’ ongoing drug war led by President Rodrigo R. Duterte, Kolateral is a 12-track rap album that includes the numbers, the stories, and the effects of the war on drugs.
FANS OF 1990s boy bands died a little inside when Boyzone finally said goodbye after more than 25 years of performing and touring. But the group was not about to go out without a bang and delivered what was arguably a fitting finale show where they sang all their greatest hits, leading the entire SM Mall of Asia Arena to reminisce on the period that was.
SMC Global Power Holdings, Inc. raised an additional $300 million from the issuance of senior perpetual capital securities that will be listed on the Singaporean exchange.
LABOR Secretary Silvestre H. Bello said the proposal to implement 14th-month pay requires further study in Congress since it could affect employers adversely.
HAVING TAKEN a break after its third season in 2016, The Voice Kids returns with original coaches Sarah Geronimo, Bamboo Mañalac, and Lea Salonga.
LABOR Secretary Silvestre H. Bello III disputed the International Trade Union Confederation’s (ITUC) finding that the Philippines oppresses labor organizations.
THE Philippine Ports Authority (PPA) is aiming to award original proponent status (OPS) within the third quarter to Chelsea Logistics and Infrastructure Holdings Corp. for its proposal to modernize the Sasa Port in Davao City.
AS NETFLIX starts streaming the third season of Netflix’s Stranger Things, which premiered on July 4, a special pop-up gives fans a taste of the Upside Down.
THE PHILIPPINE Trade Training Center (PTTC) will be offering 20 free training programs to prospective entrepreneurs next week, as part of its observance of Micro, Small, Medium Enterprises (MSME) Week.
CHINA BANKING Corp. (China Bank) will raise up to P20 billion through the issuance of long-term negotiable certificates of deposit (LTNCD) to support asset generation and expansion.
THE health care arm of Ayala Corp. (AC) on Thursday completed its acquisition of additional shares in the Generika Group, bringing its total ownership to 52.5%.
STANLEY KUBRICK, reportedly dismayed by the poor box office of Barry Lyndon, decided his next project would be a horror film; he skimmed through the first few pages of a stack of books (tossing those that failed to hold his attention in a growing pile), and ultimately settled on Stephen King’s The Shining, about a haunted hotel that turns an alcoholic father against his wife and telepathic son.
SMALL business owners in the US spent the equivalent of 17 days a year worrying about their businesses, according to a survey conducted by Internet domain registrar GoDaddy and One Poll, the equivalent of four hours a week.
US PRESIDENT Donald Trump’s latest accusation of currency manipulation has foreign-exchange (FX) analysts game-planning the administration’s next move.
CONVERGE ICT Solutions, Inc. said its fixed broadband service may arrive in the Visayas and Mindanao regions by 2021 as it aims to start within the year the buildout of its fiber backbone outside Luzon.
EVEN WITH the deluge of Korean boy bands holding concerts and fan meetings in Manila, there is a dearth of K-pop girl groups performing in some of the biggest venues in the country. The last all-ladies team to stage a concert at the SM MOA Arena was the now-defunct 2NE1, with Sandara Park, in May 2014. Early this year, Momoland had a fan meeting at the Smart Araneta Coliseum while six-member GFRIEND opted for the more intimate New Frontier Theater for its own concert in August 2018.
Despite successive increases in excise taxes on tobacco products, the Philippines continues to have one of the highest smoking rates in Asia, according to the World Health Organization (WHO).
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