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Bill pushing P100 daily wage hike gets Senate nod on 2nd reading

MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers.  Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

China gets increasingly rambunctious in South China Sea

Hong Kong, April 1 (ANI): Chairman Xi Jinping, as part of his hardening stance against the Philippines, has obviously instructed agencies like the China Coast Guard (CCG), which is directly under his command, to demonstrate greater vigor in the South China Sea. Indeed, Second Thomas Shoal has emerged as a potent flashpoint in the South China Sea, a submerged reef situated 194km west of the Philippine island of Palawan. Th.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

SEC orders Infinity8 to halt operations

The Securities and Exchange Commission has flagged another entity for soliciting investments from the public without the necessary permits.In a Jan. 16 order, the SEC en banc directed Infinity8Networks Digital Services OPC to immediately cease and desist from further engaging in the unlawful solicitation, offer, and/or sale of securities in the form of investment contracts without the necessary license from the SEC......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

BBM okay sought for bridge linking Negros, Cebu, Bohol

BBM okay sought for bridge linking Negros, Cebu, Bohol.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

DoF considering IPOs for LandBank, DBP

The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

Kathryn Bernardo now okay after breakup with Daniel Padilla — Chie Filomeno

Kapamilya actress Chie Filomeno revealed that Kathryn Bernardo is now okay after her breakup with Daniel Padilla. .....»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

Sarah Lahbati sa ‘relationship status’ nila ni Richard Gutierrez: ‘We’re OK’

NAGSALITA na ang model-actress na si Sarah Lahbati patungkol sa kasalukuyang relationship status nila ng mister na si Richard Gutierrez. Sa isang recent interview with Cosmopolitan PH, sinabi ni Sarah na okay silang dalawa ni Richard at siya raw ay “happy and grateful.” “We’re okay,” sagot ng aktres nang tanungin sa sitwasyon nila ng asawa......»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

Sarah Lahbati sa ilang relationship status ni Richard Gutierrez: ‘We’re okay’

Mitingog na si Sarah Lahbati sa issue nga may kalabutan sa ilang relationship status sa iyang bana nga si Richard Gutierrez og siya nagkanayon nga okay ra kuno sila. Sigon niya nga sa pagkakaron, gusto una siya nga mo-focus sa iyang kaugalingon. Sa iyang interview sa Cosmopolitan PH, gipangutana si Sarah mahitungod sa ilang sitwasyon.....»»

Category: newsSource:  inquirerRelated NewsJan 20th, 2024

SEC strengthens push for sustainable finance

The Securities and Exchange Commission has reinforced its push for sustainable finance through the adoption of the country’s taxonomy guidelines......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

DBP seeks capital buildup of up to P300 billion

State-run Development Bank of the Philippines is hoping to raise its authorized capital stock to P300 billion as the bank seeks to amend its nearly three-decade-old charter......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

SEC streamlines capital raising for power firms

he Securities and Exchange Commission has streamlined the registration process for capital raising of power generation companies and distribution utilities, in support of the public offering mandate stipulated in the Electric Power Industry Reform Act of 2001......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur

New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

SEC to work with Go on capital market reforms

The Securities and Exchange Commission has vowed to work closely with Special Assistant to the President for Investment and Economic Affairs Secretary Frederick Go to push reforms that would deepen the capital market......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

BPI sells shares in GoTyme Bank

The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

National Home Mortgage Finance Corp nadale ng hacker

Inanunsyo ng National Home Mortgage Finance Corporation (NHMFC) sa kanilang official website ang insidente ng hacking. The post National Home Mortgage Finance Corp nadale ng hacker first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 6th, 2024

Rep. Ralph Recto itinalagang bagong finance secretary

MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Australia, Britain Criticize China for Actions in Hong Kong

SYDNEY - Australia and Britain on Friday criticized China for its actions in Hong Kong and the South China Sea and its support of Russia, after a meeting in which London and Canberra deepened their security ties.The two countries called out 'recent unsafe and destabilizing behavior by China's vessels against Philippine vessels and crew near Second Thomas Shoal in the South China Sea,' in a statement that contain.....»»

Category: newsSource:  manilanewsRelated NewsMar 22nd, 2024