CATEGORIES
Ayala unit charting course as premier hotel company
Ayala Land Inc. (ALI)’s hospitality arm is charting a course to become a premier hotel company under the leadership of president and CEO George Aquino.
SEC eyes incentives for firms complying with requirements
The Securities and Exchange Commission (SEC) is looking at incentives to entice corporations to comply with reportorial requirements.
Manufacturing growth holds steady in August
Manufacturing activity expanded at a steady pace in August despite weak demand for products in international markets, according to S&P Global.
The legacy of Hans Sy in retail transformation
In the fast-paced world of retail, adaptation isn’t just a strategy but a foundation of success. Few exemplify this better than Hans Sy, the visionary force behind SM Prime Holdings. His profound insights into consumer behavior and retail evolution are reshaping the industry’s landscape.
Market gets boost from lower inflation
Positive cues from Wall Street coupled with expectations of lower inflation in August boosted investor sentiment during the first trading day of September.
DA ready to sell rice at P40 per kilo
The Department of Agriculture (DA) said it may sell rice at P40 per kilogram if prevailing retail market prices soften as soon as more imported rice slapped with lower tariff rate arrives in the country in the coming months.
Raw sugar output seen dropping to 25-year low
The country’s raw sugar production could fall below 1.8 million metric tons MT) in the new crop year, the lowest level in 25 years, after farms reeled from the effects of El Nino, resulting in stunted growth of sugarcanes.
Gawilan reaches freestyle final in Paris
Filipino tanker Ernie Gawilan lived up to his promise as he barged into the men’s 400-meter freestyle S7 final with a strong swim in the heats of the 17th Paralympics at the Paris La Defense Arena.
UK maritime agencies report attacks off Yemen's coast
Two unknown projectiles hit a merchant vessel some 70 nautical miles northwest of Yemen’s port of Saleef, the United Kingdom Maritime Trade Operations said yesterday.
Massive protests hit Israel
JERUSALEM (Reuters) - Massive protests swept Israel on Sunday following the death of six hostages in Gaza as frustration mounted over the failure of the country's leadership to secure a ceasefire deal that would free Israeli captives.
Oil siphoning from Terra Nova stopped due to Enteng
Rough sea conditions due to Tropical Storm Enteng prompted the Philippine Coast Guard (PCG) to stop the oil siphoning operations on the sunken motor tanker Terra Nova yesterday.
2 cops, lawyer killed in Tagaytay 'shootout'
CAMP VICENTE LIM, Laguna Two police officers and a lawyer were killed in an alleged shootout reportedly over a land dispute in Tagaytay, Cavite on Sunday afternoon.
LTO summons 'mayor' for EDSA busway violation
A motorist who introduced himself as a mayor of Bulacan has been summoned by the Land Transportation Office LTO) for using the EDSA bus lane and attempting to run over a traffic enforcer.
PNP mobilizes Enteng response units
The Philippine National Police (PNP) has activated key response clusters as Tropical Storm Enteng brought heavy rains in Metro Manila.
Comelec gives Guo another day to submit counter-affidavit
Due to bad weather that prompted the suspension of work in government offices yesterday, the Commission on Elections (Comelec) gave dismissed Bamban mayor Alice Guo another day to submit her counter-affidavit on the charges of misrepresentation filed against her by the poll body.
Military steps up naval, air patrols in Escoda Shoal
Intensified air and naval patrols are being readied in Escoda Shoal in support of Philippine Coast Guard (PCG) vessel BRP Teresa Magbanua, which got rammed repeatedly by Chinese vessels last Saturday just days after it figured in similar incidents also involving the Chinese.
On KOJC's 39th anniversary, police pause search for Quiboloy
After giving in to requests from followers of Apollo Quiboloy to suspend the search for their leader so they could celebrate their group’s 39th anniversary on Sunday, police resumed yesterday the hunt for the pastor “amid stiff resistance” in his vast Davao City property, where he is believed to be hiding in a network of underground tunnels.
Sara: Quiboloy may no longer be in Davao
Vice President Sara Duterte, who has been criticizing the government for its attempts to arrest wanted pastor Apollo Quiboloy of the Kingdom of Jesus Christ (KOJC), on Sunday said it was possible that the controversial preacher has already left Davao.
Tulfo tackles bad weather woes
Amid the work suspension at the Senate due to Tropical Storm Enteng yesterday, Sen. Raffy Tulfo coordinated with various government agencies under his Senate public services committee through a Zoom meeting.
DND gets copy of 1875 map of Phl
Defense Secretary Gilberto Teodoro Jr. recently received a print of an 1875 map of the Philippines, which shows its territories during the Spanish regime, including Scarborough (Panatag) Shoal and the Spratlys.
Pagasa maintains there were enough weather advisories
Enough advisories were issued before the onslaught of Tropical Storm Enteng, officials of the Philippine Atmospheric, Geophysical and Astronomical Services Administration asserted yesterday.
Storm Enteng sets off floods, landslides
Thousands stranded at ports; flights canceled
No classes, gov't work in NCR, Calabarzon today
Classes at all levels, both in public and private schools, as well as work in government offices in Metro Manila and Calabarzon remain suspended today due to expected rainfall from the monsoon-enhanced Tropical Storm Enteng, Malacañang announced yesterday.
COA flags DepEd's P5.69-B school feeding program
Schools in several regions failed to deliver the Department of Education (DepEd)’s P5.69-billion feeding program to students last year over lapses that led to the delivery of moldy, insect-infested nutribuns, rotting food items, unsanitary packaging and mislabeled manufacturing and expiry details, an annual state audit showed.
Chinese automotive brand Omoda arrives in Phl
Omoda vehicles have arrived in the country, paving the way for the brand’s expansion into the Philippine market.
Retail sector seen growing this year
The retail sector’s contribution to the economy is expected to increase to 20 percent by the end of this year as people continue to shop, according to the country’s group of retailers.
'Delayed arrival to soften prices of rice imports'
Prolonging the deadline for the arrival of rice shipments would allow local importers to negotiate better rates for their imports amid threats that their contracts are being canceled due to volatility in prices, resulting in lower landed costs and retail prices.
Gov't borrowings jump 43% to P189 B in July
The government jacked up its borrowings by a little over 40 percent to P189 billion in July, largely coming from the domestic market.
Credit growth in July fastest in 19 months
Lending growth picked up to 10.4 percent in July from the 10.1 percent rise in June, its highest level in 19 months, according to data from the Bangko Sentral ng Pilipinas (BSP).
Metro Pacific's 4th leg still in progress
Metro Pacific Investments Corp. (MPIC) is looking to develop a fourth leg that will provide the conglomerate further growth and stability in the years ahead.