Top News

The decline in United States’ equity markets last week, along with hawkish signals from Federal Reserve officials, resulted in the negative close of the local bourse’s main index on Monday and the weakening of the peso. The Philippine Stock Exchange index (PSEi) shed 1.29 percent, or 86.56 points, to 6,599.34 points. All Shares followed with a drop of 1.12 percent …

I visited the beautiful City of Davao last week to cover the two-day NCSC-DSWD Joint Mindanao Conference at the Waterfront Insular Hotel, which turned out to be a huge success. The pivotal meeting served as a takeoff point for the transfer of some duties and functions related to senior citizens, from DSWD to NCSC. Breaking the ice was event  host …

CHILD HAUS (Center for Child Improvement and Life Development) which was founded by Philanthropist “Mother” Ricky Reyes launches its Taos Puso Book, which tells the story of how Child Haus started in 2002 and how Mr. Hans T. Sy, SM’s Chairman for Executive Committee has taken under its wing more than 19,000 patients and guardians from all over the country …

Under the revitalized anti-smuggling campaign of the administration of President Ferdinand R. Marcos Jr., the Department of Agriculture – Office of the Assistant Secretary for DA Inspectorate and Enforcement (DA IE) formally filed agricultural smuggling cases against the captain and crew of the M/V SUNWARD on February 9 after a joint inspection of the vessel last month yielded P400 M …

A strategy plan is now being developed by the Department of Agriculture (DA) that will promote the planting of hybrid seeds to 1.5 million hectares of rice land during the dry season, Agriculture Assistant Secretary for Operations Arnel De Mesa said during a briefing on Thursday, February 16. This was after President Ferdinand R. Marcos Jr. approved the adoption of …

Oil companies will adjust fuel prices on Tuesday. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil and Shell said they will increase gasoline prices by PHP0.90 per liter and PHP1.05 per liter on diesel prices. On the other hand, Caltex, Seaoil and Shell will roll back kerosene prices by PHP0.25 per liter. Outlook for oil demand from China …

The Department of Trade and Industry (DTI), through the Bureau of Philippine Standards (BPS), has prevented the sale and distribution of 600 pieces of substandard equal-leg steel angle bars worth Php 0.74 million.   The said substandard steel products were found non-conforming to the elongation requirement of Philippine National Standard (PNS) 657:2008 (Hot-Rolled Steel Sections – Equal-Leg Angles – Specifications) as …

The Philippine Amusement and Gaming Corporation (PAGCOR) gave renewed hope to the locals of this flood-prone town after it unveiled on February 17, 2023 the newly constructed two-storey multi-purpose evacuation center (MPEC) in the town’s Brgy. Maydaso. According to Milaor Mayor Anthony R. Reyes, the new evacuation facility in their town assured the safety of his constituents as well as …

Insurance industry veteran Rico Bautista was recently reelected as President of Philippine Life Insurance Association Inc. (PLIA).  Currently the President and CEO of Etiqa Philippines, Bautista will continue for a second term in PLIA, the country’s umbrella organization of all life insurance companies, collectively promoting the growth of the life insurance industry and its contribution to socio-economic development. “Being entrusted …

Consistent with the directive of President Ferdinand R. Marcos Jr. to safeguard the welfare of Filipino farmers and fishers and make locally grown agricultural produce more competitive, the Department of Agriculture (DA) continues with the campaign against agricultural smuggling. In January alone, a total of P202.5 million (M) worth of agri-fishery products contained in 24 container vans consigned to Asterzenmed …