CATEGORIES
WESM rates take slight dip in Aug
System-wide electricity rates in the country’s power spot market slipped last month, according to the Independent Electricity Market Operator of the Philippines (IEMOP).
Phl returns to US sugar market
Ships 25,300 MT raw sugar
TGP leads strategic investment in BillEase
BillEase, a digital consumer finance app, has signed an investment agreement with Texas Pacific Group (TPG)’s The Rise Fund, which will allow the fintech company to sustain its growth and expand product offerings.
UNDP, DOF to craft climate finance strategy
The United Nations Development Program (UNDP) and the Department of Finance (DOF) will craft a climate finance strategy to mobilize needed resources for the Philippines.
DA to pilot new credit program
The Department of Agriculture (DA) will roll out a new credit program next month, providing P60,000, at low interest rate, to rice farmers to finance their input needs and monthly expenses while waiting for harvest.
SC junks ERC appeal vs SMC-Meralco power deal
The Supreme Court (SC) has junked with finality the power regulator ’s appeal against the termination of the supply contract of energy giants led by business titans Manuel V. Pangilinan and Ramon Ang.
Profit-taking ends market's run
The local market snapped its two-day climb as investors opted to cash in while waiting for catalysts.
Phl debt hits record P15.69 T in July
The issuance of domestic securities and other foreign borrowings pushed the country’s debt to P15.69 trillion in July, in yet another fresh high in outstanding obligations, according to the Bureau of the Treasury.
Creamline three-peat or first for Akari?
Creamline shoots for a breakthrough three-peat while Akari eyes its first crown as the two collide in a no-tomorrow showdown today in the Premier Volleyball League Reinforced Conference at the PhilSports Arena.
NCAA centennial season kicks off Saturday
The National Collegiate Athletic Association will celebrate its centennial season starting with its centerpiece basketball tournament that features host Lyceum of the Philippines clashing with defending champion San Beda and title contenders Mapua against College of St. Benilde on Saturday’s opener at the MOA Arena.
KING, BOSSING NAIL SECOND WIN
Blackwater picked up from where it left off in a king-sized upset of Barangay Ginebra, making it two in a row with a 123-111 win over Phoenix Super LPG and debuting import Brandone Francis in the PBA Governors’ Cup at the Smart Araneta Coliseum last night.
Thailand nets 1.3 M kilos of tilapia
Thailand has netted more than 1.3 million kilograms of highly destructive blackchin tilapia fish, the government said yesterday, as it battles to stamp out the invasive species.
Putin visits Mongolia, defies int'l warrant for his arrest
Russian President Vladimir Putin was visiting Mongolia yesterday with no sign that the host country would bow to calls to arrest him on an international warrant for alleged war crimes stemming from the Russian invasion of Ukraine.
Pope starts Asia-Pacific tour
Pope Francis arrived in Muslim-majority Indonesia yesterday to kick off a fournation tour of the Asia-Pacifi c that will be the longest and farthest of the 87-year-old’s papacy.
PCG exec's dismissal over Yolanda procurement lowered to suspension
The Supreme Court (SC) has downgraded the dismissal from service imposed on an official of the Philippine Coast Guard (PCG) accused of violating the rules of procurement for Yolanda relief programs.
Phl warned of debris as China launches rocket
The Philippine Space Agency (PhilSA) has warned of possible rocket debris falling from the sky and into the waters off the Philippine Rise and Panay Island in Catanduanes due to a rocket launched from China yesterday morning.
2 women die in motorcycle crash
Two women on a motorcycle died after they crashed into a road divider along Lacson Avenue in Sampaloc, Manila yesterday.
DMW: 900 OFWs repatriated monthly
An average of 900 distressed overseas Filipino workers (OFWs) are returning home every month, the Department of Migrant Workers reported yesterday.
7 PDEA agents in kidnap of Chinese face raps
Seven agents of the Philippine Drug Enforcement Agency (PDEA) are facing charges after they were accused of kidnapping a Chinese executive of an information technology firm in Pasay.
3 Chinese, 4 Pinoys held for abduction, robbery
Police apprehended three Chinese nationals and four Filipinos who allegedly kidnapped and robbed three foreigners in Parañaque City on Monday.
Gov't urged: Prioritize flood control master plan
Sen. Bong Go has urged the government to prioritize the development of a flood control master plan amid heavy rains brought by Tropical Storm Enteng and the enhanced southwest monsoon.
Rigged? Probe sought on P1.6-B DepEd laptop bid
After being grilled last Monday by a House panel on its proposed budget for next year, the Department of Education (DepEd) may now have to brace for an investigation on alleged “rigged bidding” for laptops and other electronic devices when the department was still headed by Vice President Sara Duterte.
Alice Guo asks court to junk quo warranto petition
Dismissed Bamban mayor Alice Guo has asked a Manila court to dismiss the quo warranto petition lodged against her by the Office of the Solicitor General (OSG).
P16-M aid given to Enteng victims
The government has provided more than P16 million worth of assistance to nearly 304,000 people affected by Tropical Storm Enteng, the Presidential Communications Office (PCO) said yesterday.
NDRRMC: 10 dead from landslides, extreme flooding
At least 10 people have been reported dead due to weather-related causes as Tropical Storm Enteng continued to bring heavy rains to various areas in Luzon and the Visayas, the National Disaster Risk Reduction and Management Council said yesterday.
Quiboloy ready to face US extradition process
Pastor Apollo Quiboloy, who is being hunted by the Philippine National Police PNP) on charges of rape and human trafficking, is ready to face the extradition process, his lawyer Israelito Torreon said yesterday.
Show of force: 203 China vessels spotted in WPS
Chinese naval and civilian vessels in the West Philippine Sea made their biggest show of force this year, reaching 203 in the past seven days as against the 163 monitored the previous week, the Philippine Navy said yesterday.
Gauff ousted; Zheng wins past 2 a.m.
Coco Gauff joined Novak Djokovic and Carlos Alcaraz on the US Open scrap-heap Sunday as the defending champion crashed out to Emma Navarro in a blizzard of mistakes as China’s Zheng Qinwen won a record-setting 2:15 a.m. finish.
MOTION DENIED, PLDT FIGHTS ON
” The PLDT High Speed Hitters made this vow after their protest concerning an alleged net touch in the most critical moment of their semifinal loss to Akari at the MOA Arena Thursday was junked by the PVL Sunday night.
Packworks wins global award for empowering grassroot entrepreneurs
Packworks, a Filipino startup that provides a business-to-business (B2B) open platform to sari-sari stores, recently bagged the Bronze Stevie Award as \"Company of the Year - Computer Software - Medium-size\" category at the 21st Annual International Business Awards.