By Tracy Cabrera June 1 marks the 52nd founding anniversary of the Maritime Industry Authority of the Philippines (MARINA) with the theme ‘Sailing Better, Sailing Safer’. In her anniversary message, Administrator Sonia Malaluan highlighted MARINA’S long-standing commitment to upgrade the local maritime industry while giving recognition to the agency’s partners who supported its programs of development throughout its five decades …
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By Tracy Cabrera The Maritime Industry Authority (MARINA) is stepping up efforts to promote greater participation of women in the maritime sector, emphasizing that inclusivity is key to building a stronger and more competitive industry. MARINA Administrator Sonia Malaluan said the continued expansion of global maritime trade is opening up more opportunities not only at sea but also in related …
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By Heidi Nicodemus Amid prevailing inflation and rising prices of commodities, the government is actively formulating ways and means to assuage the impact that has struck the citizenry, now overburdened with the spread of social challenges that include mobility and its costs. With this in mind, the Maritime Industry Authority (MARINA) has rolled out the Lakbay Alalay ng Gobyerno (LAYAG) …
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By Heidi Nicodemus Following a ruling by the International Court of Justice (ICJ) in The Hague on the issue of the right to strike, the Maritime Industry Authority (MARINA) welcomed the landmark decision as embodying the fundamental component of freedom of association as this right is protected under international law. MARINA Administrator Sonia Malaluan expressed optimism in the proper implementation …
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Soon, there will be a 10-year cumulative term limit for broker-directors of bourses. This, as the Securities and Exchange Commission (SEC) finally rolled out this term limit policy, despite the opposition from leaders of the Philippine Stock Exchange (PSE). “By setting reasonable term limits for broker directors, the SEC seeks to strengthen market governance, mitigate potential conflicts of interest, level …
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THE Asian Infrastructure Investment Bank (AIIB) will lend USD300 million to International Container Terminal Services Inc. (ICTSI) to support the expansion and upgrade of three container terminals across the Philippines. The Asian Infrastructure Investment Bank (AIIB) has signed a USD300 million senior unsecured corporate loan with International Container Terminal Services Inc. (ICTSI) to fund the expansion and upgrade of three …
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THE Government Service Insurance System (GSIS) recorded an impressive 170 percent increase in net income for the first quarter of 2026, reaching P43.6 billion compared to P16.1 billion in the same period last year. Total income for the quarter surged by 43.83 percent to P95.8 billion, driven primarily by P56.6 billion in insurance revenue from growing member contributions and a …
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By DIEGO C. CAGAHASTIAN Government law enforcers raided the Philippine Sanjia Steel Corp. and closed the company’s 22.7-hectare steel manufacturing facility inside the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental. The May 15 raid was led by Executive Director Undersecretary Benjamin Acorda Jr. of the Presidential Anti-Organized Crime Commission (PAOCC), the National Bureau of Investigation (NBI) and the Armed Forces …
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SM Supermalls and the People Management Association of the Philippines (PMAP) formally strengthened their commitment to empowering Filipino job seekers through the signing of a Memorandum of Understanding (MOU) held at the SM Supermalls Headquarters in Pasay City. This partnership reflects SM’s steadfast support for PMAP’s HumanITy mission—a vision that emphasizes a human-led, digitally enabled, and future-ready Philippines. Building on …
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The first three months of 2026 proved to be a test of resilience for Bloomberry Resorts Corporation. The glittering gaming floors of Solaire Resort Entertainment City, usually bustling with high rollers, fell unusually quiet as a persistent chill swept through the VIP and Premium Mass segments. This market slowdown hit the company’s flagship property hard, dragging Gross Gaming Revenue down …
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