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Remittances ease to $3 billion in November
Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»
Bank credit growth slows anew in November
The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»
Red Boosters claim third place in EASL Final Four
CEBU CITY, Philippines — The Jung Kwan Jang Red Boosters of Korea claimed the third place honors of the East Asia Super League (EASL) Final Four after a thrilling Battle-for-Third, 78-76, against the New Taipei Kings of Taiwan on Sunday, March 10, at the Hoops Dome in Lapu-Lapu City. The Red Boosters banked on the.....»»
Dito na si Marian at Dingdong
Entertainment power couple Dingdong Dantes and Marian Rivera just turned up the heat at Dito Telecommunity by becoming their latest endorsers under the third telco player’s campaign “Dito sa puso ko.”.....»»
3rd telco to offer free WiFi at NAIA
A third telecommunications company will offer free WiFi at all the terminals at Ninoy Aquino International Airport to boost the connectivity of the passengers, Manila International Airport Authority spokesman Chris Bendijo said yesterday......»»
PLDT buys 35% of Meralco unit
Telco giant PLDT Inc. is showing no signs of slowing down its broadband expansion, this time investing P2.12 billion to acquire more than a third of shares in a sister subsidiary......»»
Meralco fails anew to secure new supply deal
Manila Electric Co. has declared another failed bidding for a 260-megawatt interim power supply agreement after failing to attract interested companies......»»
Meralco to bid out another 260-MW supply requirement
Power utlity Manila Electric Co. will open another round of bidding for a 260-megawatt interim power supply agreement......»»
NOW Telecom loses Supreme Court case
NOW Telecom once sued the NTC over the fees it set in the bidding process, but the Supreme Court says the guidelines 'were proper' to ensure that companies were financially and technically capable.....»»
Bangsamoro dangles coal, oil investments
The Department of Energy is bidding out four pre-determined areas or coal and petroleum exploration in the Bangsamoro Autonomous Region in Muslim Mindanao (B.....»»
Working together
The bidding for the right to rehabilitate and manage NAIA had been furiously contested. Up to the last moment, there were attempts to undermine the awarding to frontrunner San Miguel......»»
Duterte’s P.S. to Cebu supporters: support Sara’s bid for the Presidency
DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»
NEWS BRIEFS | 27 February 2024
Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
MPIC likely to pass up on subway bidding
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»
Comelec: 2 tech firms ineligible to supply internet voting
The Commission on Elections is set to hold another public bidding for internet voting as the only two bidders were both declared ineligible......»»
Palarong Pambansa 2024: Malls, universities comprise most of sports venues
CEBU CITY, Philippines— Top-notch venues around Cebu City will be utilized for hosting the Palarong Pambansa 2024 from July 6 to 17. One of the key components that won Cebu City the bidding last year to host Palarong Pambansa is the availability and close proximity of its playing venues. In an earlier statement, Department of.....»»
Grousing
In this country, no bidding exercise goes by without the losing bidders grousing about the results......»»