CATEGORIES

Misamis port to undergo P733-M expansion

The secondary port to Cagayan de Oro will undergo a P733 million expansion that would gear it up for more capacity to support provincial demand two years from now.

Guo names key POGO player, but not 'most guilty'

Dismissed Bamban mayor Alice Guo on Tuesday revealed a \"crucial personality\" to the Senate's investigation into Philippine offshore gaming operators (POGOs), Sen. Risa Hontiveros said yesterday.

NMC: Phl to continue non-confrontational tack in WPS

The Philippines will continue its \"nonconfrontational\" approach in the West Philippine Sea (WPS), the National Maritime Council (NMC) said on Wednesday as hundreds of Chinese vessels were spotted within the country's waters.

Revisions in green energy auctions pushed amid 'red flags'

Renewable energy (RE) developers are calling for improvements in the government’s green energy auction (GEA) program, sounding the alarm about the issues in the previous round.

Electronic exports may drop below 10% this year - SEIPI

Electronic exports are seen contracting by single digit this year with companies putting off the introduction of new products and technologies, according to an industry group.

BSP improves rediscounting facility

As part of its efforts to align credit operations with best practices globally, the Bangko Sentral ng Pilipinas said it would enhance its rediscounting facility by adding advances against government and BSP securities.

SEC issues guidelines for PERA participants

The Securities and Exchange Commission (SEC) has issued the guidelines for the accreditation of market participants offering Personal Equity and Retirement Account (PERA) products.

Higher buying price boosts NFA palay procurement in July

State-run National Food Authority (NFA) saw its palay procurement in July surge to over 11,000 metric tons (MT) thanks to higher buying price despite the onset of the lean season.

Phl to grow below target in 2024, 2025 - think tank

Philippine economic growth may fall below target this year and the next despite easing inflation and interest rates, according to think tank Capital Economics.

'Gold sales part of BSP's investment strategy'

The sale of gold by the central bank in the first half was part of its active management strategy of the country's reserves, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona.

Axelum embarks on P500-M share buyback program

Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, is embarking on a P500-million share buyback program aimed at enhancing shareholder value.

ICTSI Australia pursues expansion, automation

The Australian unit of Razon-led International Container Terminal Services Inc.(ICTSI) is poised grow faster as a result of its expansion works and full automation.

Gov't plans to unload stake in Semirara

The government is planning to unload its 145.6 million shares in Consunji-led Semirara Mining and Power Corp.

Easing inflation proof of lower logistics costs – PPA -

Logistics costs in the country have gone down and is now being felt by consumers, and the Philippine Ports Authority (PPA) is hoping to sustain this for the long term.

Traffic

The \"Ber\" months have begun, ushering in the long Filipino Christmas season. Festive lights and decorations are starting to brighten up malls and public spaces.

ALI spending P2.7 B for 3 new projects

Property giant Ayala Land Inc.(ALI) is allotting the P2.7 billion proceeds from the recent sale of shares of AREIT Inc. to the development of three ongoing projects in Metro Manila.

Remolona sees more rate cuts in Q4

There is a possibility of two 25-basis-point rate cuts in the final quarter of the year, as inflation is expected to ease further in September, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.

Budget gap narrows to P54 B in August

The government recorded a narrower budget deficit of P54 billion in August as nontax collections drove revenue growth coupled with a slight decline in state spending.

Archers rebound, repulse Tamaraws

It wasn't a blowout as expected but reigning champion La Salle nonetheless bounced back from defeat by fending off Far Eastern U, 68-62, in the UAAP Season 87 men's basketball tournament yesterday at the Smart Araneta Coliseum.

TNT STRIKES AT ENDGAME

NLEX, the lowest-ranked quarterfinalist from Group B, backed TNT, the No. 1 qualifier from Group A, to a corner for a good part of the first 28 minutes of action.

Iloilo closes playoff door on Valenzuela

Mark Nonoy helped also-ran Iloilo shut the playoff door on Valenzuela, 72-69, last Tuesday in the MPBL Sixth Season at the WES Arena in Valenzuela City.

Shakey's volley features cream of crop

Eighteen top volleyball squads from leading colleges and universities battle it out for crown and glory in the third staging of the Shakey's Super League Collegiate Pre-season Championship unwrapping tomorrow at the Rizal Memorial Coliseum.

Santos stars again for Knights

Kevin Santos once again played the hero's role in lifting Letran to a 75-73 win over Emilio Aguinaldo College yesterday and into joint second in NCAA Season 100 at the Filoil EcoOil Arena.

Smart/MVPSF Phl jins vie in World Jr. joust

Nine promising Filipino taekwondo jins five male and four female - will vie in the 2024 World Taekwondo Junior Championships slated Oct.1-6 in Chuncheon, South, Korea.

Israel intercepts Hezbollah missile For Electricity

Near Tel Aviv in first such attack

Gaga announces 'Joker: Folie à Deux' companion album 'Harlequin'

Lady Gaga (in photo) announced on Tuesday that she's releasing a new album titled \"Harlequin,\" which she said in an Instagram post is a companion album to the upcoming film \"Joker: Folie à Deux,\" in which she stars alongside Joaquin Phoenix, CNN reported on Tuesday.

Thailand allows same-sex couples to wed in January

Thailand's landmark marriage equality bill was officially written into law on Tuesday, allowing same-sex couples to legally wed.

Starmer's call for release of Gaza 'sausages' goes viral

A video of British Prime Minister Keir Starmer calling on Hamas to return \"the sausages\" as he urged a peaceful solution to the Gaza war with Israel went viral on Tuesday.

PNP eyes Reds in Albay activists' disappearance

Police are eyeing members of the Communist Party of the Philippines (CPP) in the disappearance of two activists in Tabaco, Albay.

DBM releases P1 B for Marawi siege victims

The Department of Budget and Management has released P1 billion to compensate victims of the Marawi siege.