Batangas rural bank ordered shut
A rural bank in Batangas has been ordered shut by the Bangko Sentral ng Pilipinas (BSP), marking the second lender closed down by the...
Military: We’re getting ready for next Marawi siege
The Armed Forces of the Philippines (AFP) is getting ready for another possible “warfare” in Mindanao, Deputy Commander of Joint Task Force Ranao Colonel...
DENR issues show-cause order to Boracay environmental violators
The Department of Environment and Natural Resources (DENR) on Friday has served show cause orders to 842 establishments in Boracay that have violated the...
7.4 million families to get P200 monthly subsidy by March
The government will start handing out cash transfers to some 7.4 million families by March, with the P200 subsidy expected to help poor households...
Stocks decline further after hawkish Fed minutes
Shares sunk back to negative territory on Thursday, as hawkish tones from the United States Federal Open Market Committee (FOMC) prompted caution across global...
Japan projects in PHL will be free from red tape — Palace
President Rodrigo Duterte has vowed to ensure that Japan’s projects in the Philippines will be free from red tape, Presidential Spokesperson Herminio Harry L....
Amnesty International flags Philippines’ human rights situation in report
The state of human rights in the Philippines was marked by "increased lawlessness and violence" due mainly to the government's war on drugs, according...
Landbank net income up by 4% in 2017
Land Bank of the Philippines (Landbank) saw its net income grow in 2017 on the back of its robust core revenues.
In a statement sent...
Uber pays P41 million in tax deficiencies to avoid closure
The Bureau of Internal Revenue (BIR) said Uber Systems, Inc. paid P41.15 million in value-added tax (VAT) deficiencies to avoid being suspended or closed.
In...
Corruption perception of the Philippines worsens
THE PHILIPPINES dropped 10 rungs in the 2017 issue of the annual Corruption Perceptions Index (CPI) released early this morning by Transparency International.
The Philippines...
Pryce Corp. net income up 29% on higher LPG sales
Pryce Corp. (PPC) posted a 29% increase in net income in 2017 to P1.25 billion, driven by higher revenues from sales of liquefied petroleum...
Golden Haven formalizes entry into mass housing
Golden Haven, Inc. (HVN) is formalizing its entry into the mass housing sector after issuing P3.01 billion worth of shares out of its unissued...