2 of 4 ethics complaints vs De Lima dismissed: Ethics Chairperson Sotto

SENATE COMMITTEE on Ethics Chair Vicente C. Sotto III on Monday said the committee has dismissed two of the four ethics complaints filed against...

Senators find holes in probe on alleged bribery by Jack Lam

THE SENATE started yesterday its probe on the Bureau of Immigration (BI) bribery scandal, in which two former associate commissioners and the Secretary of...

Members of CIDG 8 file counter-affidavits in Espinosa slay case

MEMBERS OF the Criminal Investigation and Detection Group (CIDG) Region 8 on Monday submitted their counter-affidavits denying their involvement in the killing of Albuera,...

China’s bitcoin exchanges to charge trading fees

CHINA’S three largest bitcoin exchanges, whose activities have drawn increased scrutiny from the central bank, said they will begin charging trading fees effective Tuesday. BTCC,...

Sta. Isabel ‘forced to make up stories’: dela Rosa

PHILIPPINE NATIONAL POLICE (PNP) Chief Director-General Ronald M. dela Rosa on Monday maintained his earlier statements about the killing of Korean businessman Ick Joo...

UnionBank sees strong profit growth

ABOITIZ-LED Union Bank of the Philippines, Inc. (UnionBank) expects its overall growth for 2016 to beat 2015’s performance with the lender’s bottom line in...

Security Bank’s lending business likely to sustain expansion in 2017

SECURITY BANK Corp. (Security Bank) is looking to sustain the growth in its lending business at around 20% this year to accommodate borrowers in...

Peso continues to strengthen as Trump speech sinks greenback

THE PESO extended its climb against the dollar yesterday as market players decided not to buy the greenback after the new US President failed...

Gov’t infrastructure push attracts foreign banks

FOREIGN BANKS entering the Philippines are looking to ride on the government’s infrastructure push as they expand their presence here, a central bank official...

Local parts makers hit Toyota, Mitsubishi for ignoring small firms

TOYOTA MOTORS Philippines Corp. (TMP) and Mitsubishi Motors Philippines Corp. (MMPC) have ignored Filipino-owned parts makers “in favor of the Japanese companies” based here...

Cebu Pacific mounts 2 new flights from Cagayan de Oro

CEBU PACIFIC is set to launch two new routes from its Cagayan de Oro hub in March, as it further expands its domestic network. In...

STI unit gets ‘Aa’ rating for P3-B bonds

STI COLLEGE scored a double “A” from Philippine Rating Services Corp. (PhilRatings) for the issuance of bonds worth P3 billion. In a statement released on...