Myanmar defeats Azkals, 2-1
THE PHILIPPINES dropped a close 1-2 decision to Myanmar in Group A yesterday in the 30th Southeast Asian Games men's football tournament in front of an animated and sizeable hometown crowd at the Rizal Memorial Football Stadium.
Police: Vice President didn’t commit missteps
VICE President Maria Leonor G. Robredo did not commit “missteps” as President Rodrigo R. Duterte’s drug czar, Philippine police said yesterday, contradicting the presidential palace.
Permits fast-tracked for energy projects
THE DEPARTMENT of Energy (DoE) has certified four new projects as nationally significant, adding to its list of projects that will enjoy a faster permitting process under a law that seeks to ensure energy security in the country.
Arbitration pushed for IP dispute resolution
THE Intellectual Property Office of the Philippines (IPOPHL) is making its alternative dispute resolution methods immediately available to reduce case backlog.
Banks show smaller returns in Q3 despite faster asset growth
THE COUNTRY’s biggest banks were less profitable last quarter even as growth in assets and capacity to absorb risky assets improved.
The Medical City chairman to appeal SEC decision
THE Medical City (TMC) Chairman Jose Xavier B. Gonzales will appeal the ruling of the Securities and Exchange Commission (SEC) which slapped a fine of at least P50.25 million on the hospital’s majority shareholders in relation to its ownership transfer.
FPH sells part of stake in MHE-Demag for P85M
FIRST Philippine Holdings Corp. (FPH) has divested a quarter of its stake in MHE-Demag (P), Inc. to its co-shareholder in Singapore.
It all starts with one book
ELEMENTARY STUDENTS from public schools in Manila and the Camanava areas lined up at the Main Lobby of the Cultural Center of the Philippines on Nov. 20 to each receive a children’s book titled Kwentong Karapat-Dapat. The children then went to the corners of the lobby and a buzz started filling the air as they read from the book aloud.
BSP sees P28B in fresh liquidity from deposit substitute tweak
BANGKO SENTRAL ng Pilipinas (BSP) Governor Benjamin E. Diokno is positive that the change in the definition of deposit substitutes to exclude interbank borrowings so they are not subject to reserve requirements will help boost liquidity in the financial system.
Duterte taps more companies as he reboots Philippine infrastructure program
WHEN Philippine President Rodrigo Duterte took office in 2016, he promised $165 billion in spending to “build, build, build” roads and railways in the Southeast Asian nation.
Gov’t partially awards T-bond offer
THE GOVERNMENT made a partial award of the reissued Treasury bonds (T-bond) it auctioned off yesterday as rates increased, with investors opting for shorter tenors.
Why Jessica Zafra gave up writing for newspapers
FICTION WRITER, columnist, and radio and TV host Jessica Zafra routinely writes 1,000 words a day — a working method inspired by one of her favorite authors, Graham Greene, who wrote in his novel The End of the Affair (1951): “Over 20 years I have probably averaged 500 words a day for five days a week.”