Congressman seeks longer House term
A CONGRESSMAN has filed a resolution seeking to extend their term to four years from three years and cut senators’ term to three years from six years.
DoH cited for nearly expired medicines
THE COMMISSION on Audit (CoA) has criticized the Health department for excessive allocation of medicines, leading to P367.2 million of drugs that are nearing expiration.
Death penalty faces tough Senate hurdle
PRESIDENT Rodrigo R. Duterte’s push to restore the death penalty for drug trafficking, plunder and other heinous crimes, might find it difficult to hurdle the Senate, according to a lawmaker who filed the bill.
Shares decline as Jollibee plunges on CBTL deal
LOCAL SHARES fell on Wednesday mainly due to the sell-off in index heavyweight Jollibee Foods Corp. (JFC) following its acquisition of California-based The Coffee Bean and Tea Leaf (CBTL).
Peso continues to drop
THE PESO weakened further against the dollar on Wednesday ahead of likely upbeat US economic data and following comments from the local central bank’s chief.
PSEi inches up as investors go bargain hunting
THE MAIN INDEX eked out gains on Tuesday as investors went bargain hunting ahead of the second-quarter earnings season.
Peso weakens further vs dollar
THE PESO weakened further against the dollar on Tuesday as market players await the policy decision of the European Central Bank (ECB).
LTFRB issues rules on EDSA ban for provincial buses
THE Land Transportation Franchising and Regulatory Board (LTFRB) has issued guidelines on the ban of provincial buses from the main highway of Epifanio Delos Santos Avenue (EDSA).
Return of capital punishment to be prioritized
PRESIDENT Rodrigo R. Duterte will certify as urgent a bill seeking to restore the death penalty for drug trafficking, plunder and other heinous crimes, his spokesman said yesterday.
Ride-sharing restrictions lifted on small cars
REGULATORS will clear hatchback and subcompact cars to operate legally as part of the ride-sharing fleet.
BSP backs amendment to help banks comply with Agri-Agra Law
THE Bangko Sentral ng Pilipinas (BSP) said it is looking forward to passing an amendment to the Agri-Agra Reform Credit Act this year which would expand the projects that banks can fund to comply with their agricultural lending obligations.
DPWH pushing to open entire length of C5 link by end-2021
THE Department of Public Works and Highways (DPWH) said it wants to expedite the opening of the entire length of the 7.7-kilometer C5 Link project, in order to connect Taguig to the Manila-Cavite Expressway (CAVITEx) by the end of 2021.