SPEAKER Alan Peter S. Cayetano said he will support at least P9 billion in additional funding for the procurement of palay, or unmilled rice, to support the market and prop up farmer incomes, as plenary discussion of the 2020 budget got underway in the House.
THE national rice inventory was estimated at 2.133 million metric tons (MMT) as of Aug. 1, up 40.3% from a year earlier, but down 18.7% month-on-month, the Philippine Statistics Authority (PSA) said.
PRESIDENT Rodrigo R. Duterte has signed a measure expanding the territory of the Freeport Area of Bataan (FAB) to create more investment opportunities for the province.
MALAYSIA and Singapore consider the Philippine excise tax on sugar-sweetened beverages (SSBs) a “successful fiscal policy intervention,” the Department of Finance (DoF) said.
THE PHILIPPINES and Singapore have agreed to share best practices in data protection and to combine efforts in data protection and cross-border data flow.
PRESIDENT Rodrigo R. Duterte signed into law a measure creating the Davao International Airport Authority (DIAA) that will manage airports in the Davao Region, including the city’s Francisco Bangoy International Airport.
THE Philippines is a regional leader in terms of gender equality in job hiring, specifically in the public sector, the Asian Development Bank (ADB) and the Organization for Economic Co-operation and Development (OECD).
THE PESO closed on a weaker note on Tuesday on the back of expectations of upbeat US producer inflation data.
THE main index snapped its four-day winning streak as investors waited for catalysts, such as policy moves of central banks abroad.
THE Philippine men’s national basketball team ended its FIBA Basketball World Cup campaign on Sunday, a bid that turned out to be a whole rougher than what was expected by the team, eventually seeing itself finishing dead last in the competition.
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BEIJING -- Holders United States romped into the basketball World Cup knockout rounds with an 89-73 win over Brazil and booked a quarterfinal clash with France, who were edged by Australia 100-98 in a thriller on Monday.
THE Philippine men’s national football team bounced back from a previous loss in the second round of joint qualification for FIFA World Cup 2022 and Asian Cup 2023, beating Guam, 4-1, in Group A action on Tuesday in Dededo.
THE Lyceum Pirates opened the second round of the eliminations of National Collegiate Athletic Association Season 95 on a winning note, beating the Arellano Chiefs, 93-90, on Tuesday at the FilOil Flying V Centre in San Juan City.
EARLY LEADERS in Season 82 of the University Athletic Association of the Philippines collide today as defending champions Ateneo Blue Eagles face off with the University of Santo Tomas Growling Tigers in league action today at the Smart Araneta Coliseum.
BOSTON -- Austin Romine and Gio Urshela homered, James Paxton threw 6 2/3 shutout innings and the New York Yankees blanked the host Boston Red Sox 5-0 in the finale of a four-game series Monday.
NEW YORK -- Australia’s Ash Barty has reclaimed the number one spot in the WTA rankings less than a month after losing it while US Open champion Bianca Andreescu moved up to a career-high fifth after her maiden Grand Slam win in New York.
NEW YORK -- Rafa Nadal moved within one Grand Slam title of tying Roger Federer’s all-time mark of 20 on Sunday but even after adding a fourth US Open to his collection the Spaniard said it was his love of the game, not records, that motivates him.
Opening week of Season 82 of the University Athletic Association of the Philippines proved to be an eventful one, highlighted by competitive matches and impressive individual performances.
LeBron James is three months short of 35 years old. He has been toiling at the sport’s highest level since being drafted first overall in 2003, in the process accumulating mileage topped only by a handful of legends. His numbers indicate both his longevity and the downward trajectory of his career: 16 years, 1,437 games, 56,284 minutes. And, moving forward, he figures to be viewed from the perspective of critical quarters only too cognizant of the dichotomy. He has delivered the goods too often to be doubted, but ultimately isn’t immune to the single most significant factor even the best of the best cannot overcome: time.
One of many Filipino values that is sadly disappearing, or has been forgotten these days, is delicadeza. It is one of the traits long held dear by our forebears as a mark of breeding, and of civilized, ethical, and responsible behavior. Recently there seem to be more and more displays of brazenness among our public officials, whether executive, legislative, or judiciary.
A wide-ranging value chain analysis on the Philippine economy leads us to try new strategies, which can eventually jumpstart “real” development. The fact remains that our country is the fifth most mineralized country in the world; the issue of effective resource management in order to unleash the potentials of this “underground” wealth is a good strategic approach as this can finance development and activate key industries in the process.
Benjamin Franklin said, “creditors have better memories than debtors.” Comically, Ambrose Bierce in his book, The Devil’s Dictionary, defined “forgetfulness” as a gift from God bestowed upon debtors in compensation for their destitution of conscience.
In September 2011, for the Global Summit of Filipinos in the Diaspora, convened by the Commission on Filipinos Overseas (CFO), then CFO Chair Imelda Nicolas, asked me to write a poem, “We Hear Our Motherland Calling,” as a response of overseas Filipinos to the call of Inang Pilipinas to her children in foreign lands.
THE country’s chief graft buster suspended three more prison officials for allegedly allowing the illegal release of felons convicted of heinous crimes, according to separate copies of the suspension orders.
PHILIPPINE police will seek the help of the International Criminal Police Organization or Interpol in the arrest of Maoist leader Jose Maria “Joma” Sison for murder, according to its chief.
THE SUPREME Court has finished its report on the recount of ballots in three pilot provinces where massive cheating took place, as alleged by losing 2016 vice-presidential candidate Ferdinand “Bongbong” R. Marcos, Jr.
PRESIDENT Rodrigo R. Duterte has ordered an investigation of the arson attack on the printing plant of a Manila-based tabloid, the presidential palace said yesterday, as it condemned the assault.
PRESIDENT Rodrigo R. Duterte has fired the head of the Pasig River Rehabilitation Commission for alleged corruption, his spokesman said yesterday.
PRESIDENT RODRIGO R. Duterte has signed a law authorizing the University of the Philippines (UP) to sell parcels of its land in Barangay Krus na Ligas to the Quezon City government for housing and urban settlement.
CONSTRUCTION OF the first section of the Metro Dumaguete Diversion Road, with the groundbreaking ceremony held recently, is targeted for completion by the first quarter next year.
SINGAPORE PRESIDENT Halimah Yacob will visit the Philippine Eagle Center (PEC) today, the first foreign head of state to do so.
THE DEPARTMENT of Interior and Local Government (DILG) has vowed to assist the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) government in ensuring the implementation of the law as the normalization process gets underway.
ZAMBOANGA CITY commemorated on Monday the 2013 siege, giving honor to the memory of those who died and highlighting efforts to get the city back on the road to progress in the past six years.
AS THE Senate discussed the proposed fifth round of the Salary Standardization Law (SSL) on Tuesday, Senator Sherwin T. Gatchalian stressed the need to make government workers’ salaries at par with rates in the private sector to retain talent.
THE DEPARTMENT of Agriculture (DA) on Monday confirmed the first outbreak of African Swine Fever (ASF) in the Philippines, adding that quarantine measures have been tightened to prevent the spread of the virus.
HOUSEHOLDS in Metro Manila will see lower electricity bills for the fifth straight month in September, according to the Manila Electric Co. (Meralco).
THREE ECONOMIC REFORMS gained ground in the House of Representatives on Monday evening, with the measure removing restrictions on foreigners from practicing their professions in the Philippines and another simplifying taxes on financial instruments both bagging final approval.
THE BUREAU of Customs (BoC) grew collections further in August, according to preliminary figures released on Monday.
THE FOURTH Industrial Revolution (FIRe) is bound to hit more and more sectors in the Philippines, and the challenge now is to prepare them to take advantage of opportunities from this development, speakers said in BusinessWorld’s Industry 4.0 Summit at Shangri-La at the Fort, Taguig City on Monday.
FRUITAS Holdings, Inc. looks to raise up to P1.2 billion from a maiden share sale by December, joining the roster of companies seeking to go public in 2019.
VENICE, Italy — Dark drama Joker about the origins of the villainous character won the Golden Lion award at the Venice Film Festival on Saturday, while Roman Polanski’s military drama about France’s notorious Dreyfus affair took the runner-up prize.
NEW YORK — Despite signs that the US economy is slowing, New York-based Citigroup, Inc. is betting big on credit cards.
CONCEPCION Industrial Corp. (CIC) is buying back up to P100 million worth of common shares over the next three years.
RAYMUND RIBAY GUTIERREZ’ feature debut about domestic violence won the Special Jury Prize at the 76th Venice Film Festival on Saturday.
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