Top News

Pastillas corruption raps vs. 86 more BI execs

The National Bureau of Investigation (NBI) filed graft cases against 86 more officials and personnel of the Bureau of Immigration (BI) for their involvement in the illegal entry of foreign nationals under the so-called “pastillas” scam. 

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Nothing illegal among Makabayan bloc—Esperon

National Security Adviser Hermogenes Esperon admitted that the Makabayan bloc in the House of Representatives is not involved in any illegal activity, amidst the red-tagging controversy between state forces and leftist groups. 

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CHR probes killing of EJK survivor

The Commission on Human Rights (CHR) is investigating the killing of a supposed survivor of an attempted extrajudicial killing while he was recovering inside a Rizal province hospital. 

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DOF acts to settle legal hitches on state-controlled mining assets

The Department of Finance (DOF) is pursuing steps to untangle the legal issues tying down idle mining interests held by the government in an effort to speed up the privatization of these assets and revive their operations.  According to the Privatization and Management Office (PMO), lawsuits filed by the private sector proponents in the operations of these once-flourishing mining assets …

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Remittances drop for 2 straight months

Dollar remittances by Filipinos dropped again in April, for the second consecutive month, due to the COVID-19 pandemic, according to the Bangko Sentral ng Pilipinas (BSP).

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PHL least prepared to handle cancer

How is the Philippines faring in cancer preparedness compared to its neighboring Asian countries?

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Malacanang rejects house-to-house search

Malacanang announced it is not in favor of policemen going “house-to-house” in search of confirmed COVID-19 patients, instead it urged those with mild and asymptomatic cases to admit themselves to isolation facilities.

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Drug war stats: 5,722 dead, 18,582 barangays cleared

President Rodrigo Duterte’s highly criticized illegal drugs war has resulted in the deaths of 5,722 drug suspects nationwide, according to the Philippine Drug Enforcement Agency (PDEA) and RealNumbersPH.

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ABS-CBN frequency could be used for distance learning

One of the deputy speakers of the House of Representatives has recommended that government use the radio and TV frequencies of ABS-CBN as means for alternative distance learning for the opening of the new school year next month.

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ICTSI Successfully Prices New Perpetual Securities Issuance and Announces Results of Tender Offer

International Container Terminal Services, Inc. (“ICTSI”) and Royal Capital B.V. (the “Issuer”) successfully priced a US$300,000,000 offering of senior perpetual capital securities, guaranteed by ICTSI (“New Perpetual Securities”). The New Perpetual Securities were structured to constitute equity under International Financial Reporting Standards and represent ICTSI’s fifth successful perpetual securities issuance.

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