CATEGORIES

BSP to penalize erring peso RTGS participants

The Bangko Sentral ng Pilipinas (BSP) has updated its policy on penalties and sanctions for erring participants in the Peso Real-Time Gross Settlement System (RTGS), a large value-payment system that enables fund transfers between financial institutions on a real-time basis.

Phl financial resources rise to P32.8 T in Oct

The total resources of the country’s financial system rose by 8.9 percent to hit P32.8 trillion as of end-October, according to the Bangko Sentral ng Pilipinas (BSP).

Meat processors appeal ban on Indian buffalo meat imports

Meat processors sounded the alarm over possible supply disruptions on raw materials if a hold order issued by the Bureau of Animal Industry (BAI) on the importation of buffalo meat from certain Indian states would not be reversed soon.

EasyCall sells BPO stake for P45 M

Tech provider EasyCall Communications Philippines Inc. has disposed of its minority stake in a business process outsourcing (BPO) to raise P45 million for its future expansion.

Usually, the first 'smart' answer is wrong

What would you expect to see when you hear hoofbeats on a farm? A crazy horse or an inconsiderate neighbor doing karaoke? Chances are, you’ll choose a horse.

EEI injecting P3.85 B into subsidiaries to fund expansion

Construction giant EEI Corp. is injecting P3.85 billion into various subsidiaries to support their growth initiatives.

Market slips in cautious trade ahead of BSP meeting

Share prices inched down as investors remained cautious ahead of rate-setting meeting of the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve this week.

Pagcor, SMC Infrastructure ink lease for Nayong Pilipino property

The Philippine Amusement and Gaming Corp. (PAGCOR) has signed a 25-year contract with San Miguel Infrastructure, the infrastructure unit of San Miguel Corp. (SMC), for the lease of the gaming regulator’s 15-hectare Nayong Pilipino property in Pasay City.

Panlilio is MAP president for 2025

Business group Management Association of the Philippines (MAP) has named Maya Bank chair and PLDT Inc. and Smart Communications Inc. director Alfredo \"Al\" Panlilio as its president for 2025.

Remittances hit 3-month high in Oct

Remittances sent home by overseas Filipino workers OFWs) picked up at the start of the ber” months, reaching their highest level in three months.

PEZA projects P215 B investment approvals by yearend

The Philippine Economic Zone Authority (PEZA) expects to end 2024 with approved investments of around P215 billion, the highest in seven years.

Batang Pier target new record streak

NorthPort has never had it so good. The Batang Pier are off to a roaring opening, outplaying all five opponents so far, including heavyweights Magnolia and TNT, for pole position in the PBA Commissioner’s Cup.

UP's Goldwin touch

It was UP coach Goldwin Monteverde’s time to shine again. The Fighting Maroons are back on the UAAP men’s basketball throne, claiming their second title in the last four seasons under the Man with the Goldwin Touch.

MAROONS: A DYNASTY RISING

For two straight seasons, the University of the Philippines was in a loop of near hits and almostbut-not-quite moments.

No rancor, only handshakes

In last Sunday's column previewing Game Three of the UAAP men's basketball Finals, it was mentioned that \"while the rivalry has been bitter and intense from coaches down to players, let's hope there will be no rancor, only handshakes, when the smoke clears...tears will be shed, in joy or frustration, but let's remember, regardless of the outcome, everyone will be better from this experience of a lifetime.\"

Doncic triple-double leads Mavs over Warriors in shootout

Luka Doncic reeled off a triple-double with 45 points, 13 assists and 11 rebounds to spark the Dallas Mavericks over Golden State 143-133 in a record-shattering NBA matchup on Sunday.

Cyclone pummels French territory; hundreds feared dead

Several hundred people and possibly even thousands may have been killed when the most powerful cyclone in nearly a century hit the French Indian Ocean archipelago of Mayotte, a senior local French official said on Sunday.

Ex-husband in French rape trial seeks 'forgiveness'

The French man who has admitted to enlisting dozens of strangers to rape his heavily sedated wife on Monday asked forgiveness from his family and hailed the courage of his now ex-spouse during his trial.

'Bali Nine' drug ring prisoners 'relieved' on return home

The five remaining members of the Australian \"Bali Nine\" drug ring say they are \"relieved and happy\" over their return home after 19 years in prison in Indonesia.

'Moana 2' surfs to 3rd weekend lead in N. America theaters

LOS ANGELES (AFP) – “Moana 2,” the Disney sequel about the seafaring adventures of a courageous young Polynesian girl, topped the North American box offi ce again in its third weekend out, taking in $26.6 million, according to industry estimates.

30 NoKor soldiers killed, wounded in Russia's Kursk region

KYIV (AFP) – Ukraine said yesterday that its troops killed or wounded at least 30 North Korean soldiers who had been deployed by Russia to its western Kursk region, where Ukraine has seized territory.

SoKor's Yoon resists questioning over failed martial law bid

SEOUL (AFP) - Impeached South Korean President Yoon Suk-yeol resisted investigators' calls on Monday for him to answer questions over his failed bid to declare martial law this month.

US warship docks in Cambodia amid China naval base concerns

A US warship docked in Cambodia yesterday, just kilometers away from a Chinese-renovated naval base, in the first American military port call to one of Beijing's closest regional allies in eight years.

OCD warns of lahar flow in 13 Negros areas

BACOLOD CITY - The Office of Civil Defense has warned of a potential lahar hazard flow from Kanlaon, which may endanger 644,487 residents in 13 cities and municipalities on Negros Island, as some areas near the volcano experienced rainfall.

Septuagenarian wins half of 6/45 lotto prize

A 70-year-old man from Cagayan de Oro City won half of the P118.9 million Mega Lotto 6/45 jackpot prize last Nov. 11, the Philippine Charity Sweepstakes Office (PCSO) announced.

PNP to monitor CPP anniversary

The Philippine National Police (PNP) is closely monitoring the Dec. 26 Communist Party of the Philippines (CPP) anniversary, traditionally a time of heightened security threats.

Caraga workers get pay hike

Minimum wage earners and domestic workers in Caraga region are receiving increases in their take-home pay, the Department of Labor and Employment (DOLE) announced yesterday.

5 quick takes on regime change in Syria

For the past few weeks, I have been arguing that Israel has inflicted the equivalent of a Six Day War-level defeat on Iran and its resistance network, and that this would have vast consequences.

UNRWA is the problem, not the solution

UNRWA, the United Nations Relief & Works Agency for Palestine Refugees in the Near East, was a fatally flawed organization at its inception 75 years ago, and since then has become one of the most tangible expressions of the UN’s anti-Israel bias.

The Duterte family's criminal enterprise

Davao's Duterte family was one grand criminal enterprise.