On 10 February 2023, a Signing Ceremony of Business Agreements was held as part of the 5-day Official Visit of President Ferdinand Marcos, Jr. to Japan. The ceremony was witnessed by President Marcos. Jr. which covered the signing of 35 business agreements, including a Memorandum of Cooperation (MOC) between the Philippines and Japan, awarding of Certificate of Gratitude to the …
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After six years of hiatus, the Philippine Amusement and Gaming Corporation (PAGCOR) is reviving its nationwide photography contest for amateur and professional photographers – but this time, with bigger prizes at stake. With the theme, “Sa’n Tayo Next?”, the PAGCOR Photography Contest 2023 aims to highlight the unadulterated, yet equally beautiful places in the Philippines with tourism potential. The photography …
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The Land Bank of the Philippines (LANDBANK) and Pryce Corporation signed a P1.6-billion loan agreement to fund the expansion of the firm’s operations in real estate development and liquefied petroleum gas (LPG) distribution. LANDBANK President and CEO Cecilia Cayosa Borromeo, Pryce Corporation Chairman Salvador P. Escaño and President Efren A. Palma led the signing on 27 January 2023 at the …
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Manila Water bares the February desludging schedule for its customers in the East Zone of Metro Manila and Rizal Province. The water and wastewater concessionaire also advises its customers to coordinate with their respective barangay offices for the exact schedule of this service with no added cost. Rizal Province residents in barangays Mahabang Parang in Angono; Mahabang Parang, Binangonan; and …
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The local bourse’s main index declined anew on Tuesday partly due to acceleration in domestic inflation rate to 14-year high of 8.7 percent last January, and this performance was mirrored by the peso. The Philippine Stock Exchange index (PSEi) shed 0.80 percent, or 55.35 points, to 6,881.26 points. All Shares followed with a decline of 0.52 percent, or 18.93 points, …
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Taking off from the instructions of President Ferdinand R. Marcos Jr. to gather all stakeholders and address the issue of overpriced red onions in the market, the Department of Agriculture (DA) has issued a suggested retail price (SRP) of P125 per kilogram of medium- and big-sized imported red onion in wet markets within the National Capital Region (NCR). “[I]n order …
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The province of Bohol may not just be the land of beautiful landscapes and pristine beaches but it could also be the “paradise of immortals” as it recently honored two centenarians in less than a month. I was in Panglao a couple of days ago to cover the awarding and celebration of Bohol’s latest centenarian Candelario Aparicio Bernaldez and later …
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The three-day celebration of the “Araw ng Biñan”, which began on February 2, 2023, was highlighted by the much-anticipated groundbreaking rites for the construction of the state-of-the-art “Sentro ng Patanghal na Sining” – a facility that would help promote and hone the skills of talented performers in the city. Leading the ceremonies were Biñan Lone District Rep. Marlyn Alonte-Naguiat, City …
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On January 31, 2023, the Philippine Amusement and Gaming Corporation (PAGCOR) learned through a news report that Soleil Chartered Bank issued a statement denying the issuance of a bank certification to Global ComRCI, PAGCOR’s third-party auditor for offshore gaming licensees, whose contract commenced in December 2017. In relation to this report, PAGCOR would like to reiterate that since the assumption …
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East Zone concessionaire Manila Water continues to invest in the rehabilitation of its existing facilities and building of new infrastructure to ensure water service continuity in its service areas in Metro Manila and Rizal Province amidst challenges in aging facilities and risks associated with natural disasters and impacts of climate change. To serve as the company’s compass in the course …
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The Market Monitor Minding the Nation's Business