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RCBC to surrender trust license
Rizal Commercial Banking Corp. (RCBC) is looking to surrender its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
RCBC surrenders trust license
Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»
ACEN gets higher rating for climate change report
Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»
NEWS BRIEFS | 09 March 2024
Marawi votes on 3 additional barangays CAGAYAN DE ORO (MindaNews / 09 March) – Voters in Marawi City on Saturday went to polling precincts to vote on the proposal to create three more barangays. The Commission on Elections held a security command conference Friday morning in Marawi for the March 9 plebiscite. Comelec chair George […].....»»
Sinulog Cup 2024: Znars Jewelry-Marawi City to feature veteran players
CEBU CITY, Philippines—The Znars Jewelry-Marawi City will field a line-up composed of veteran commercial players for the Sinulog Cup 2024 Basketball Tournament. The Sinulog Cup tips off Tuesday, January 23, 2024, at the Cebu City Sports Institute. Znars Marawi head coach Chelito Caro revealed the team’s official line-up to CDN Digital recently, saying it will.....»»
FPRRD opposes disguised Charter change initiative
Former President Rodrigo R. Duterte has vehemently opposed the disguised People’s Initiative for Charter change, denouncing the cash-for-signature campaign as repugnant and a disgraceful act during a YouTube interview with Banateros Brothers on January 22, 2024. Duterte emphasized his disapproval of the initiative, urging for it to be halted, particularly criticizing the payment of individuals to sign the documents. He warned that such actions could lead to a new Constitution that might destroy the nation and open avenues for political abuses. Duterte stressed the importance of democracy in the Philippines, asserting that those seeking to remain in power should go through the electoral process. He highlighted that a well-performing and non-corrupt individual would retain power, while those with poor performance would be ousted through the electoral process. Expressing satisfaction with the current Constitution, Duterte argued that it has contributed to stability, reducing conflicts with groups like the New People's Army (NPA). He strongly advised against meddling with the Constitution, cautioning that it would only bring trouble to the country. Duterte pledged active opposition to the initiative, stating that he would campaign against it. Additionally, residents of Calinan District, Vice President Sara Duterte, and Representatives Isidro Ungab and Paolo Pulong Duterte have also voiced opposition to the People's Initiative for Charter Change. Margarita Atty. Migs Nograles, the representative of the Pwersa ng Bayaning Atleta (PBA) Partylist, alleged to have started the cha-cha signature campaign, has yet to issue an official statement on the matter as of the latest update. Related stories include the denouncement of alleged `vote buying’ in signing the petition for Cha-cha by Davao City lawmakers, Vice President Duterte's condemnation of the cash-for-signature drive, and a prayer rally against PI’s Cha-cha on Jan 28......»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»
New Board Members for UN Voluntary Trust Fund for Victims of Trafficking in Persons Announced
Vienna, 2024: The latest board of trustees of the UN Voluntary Trust Fund for Victims of Trafficking in Persons (UNVTF) has been established. The board is now constituted of:The five anti-human trafficking experts, representing the five UN Regional Groups, were appointed by the UN Secretary General Antonio Guterres to provide strategic guidance to the Trust Fund over th.....»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Why the dollar is still strong
Despite the ongoing wars in Ukraine and Gaza, Fitch’s credit rating downgrade of the US, the lowering of the US credit rating outlook to negative by Moody’s and a growing US debt burden, the US dollar has regained its strength......»»
Fitch keeps credit rating of 5 Philippine banks
Fitch Ratings has affirmed the credit rating of five of the country’s biggest banks and kept its stable outlook, on the back of a likely robust economic growth over the next two years......»»
Philippines rating unchanged in women, business and law index
The Philippines has made no progress in providing equal economic opportunities for women as it kept its previous year’s rating in the latest Women, Business and Law report of the World Bank......»»
Globe gets ‘B’ CDP rating for 3 consecutive years
Globe gets ‘B’ CDP rating for 3 consecutive years.....»»
Shabu dealer linked to Dawlah Islamiya busted in Marawi
Another drug trafficker identified with the Dawlah Islamiya was arrested after selling P102,000 worth of shabu to non-uniformed policemen in a sting operation Thursday in Barangay Cabasaran in Marawi City......»»
NEWS BRIEFS | 11 March 2024
Three news barangays created in Marawi City Voters in Marawi City ratified the creation of three new barangays during a plebiscite held last Saturday there, the Commission on Elections (Comelec) said. In a statement, the Comelec said that 2,121 out of 2,265 voters approved the creation of the three barangays. The voters came from the three barangays […].....»»
Marawi has 3 new barangays
Barangay officials may be appointed in Marawi following a successful plebiscite that ratified the creation of three new villages in the city......»»
6 soldiers killed, 4 others wounded in clash with Maute Group in Lanao Norte
CAGAYAN DE ORO (MindaNews / 19 February) – Six Philippine Army members were killed while four others were wounded on Sunday while pursuing the militant Dawlah Islamiyah-Maute Group blamed for the December 3 Catholic Mass bombing inside the Mindanao State University in Marawi City (MSU-Marawi), military officials said. In a statement, General Romeo Brawner Jr., […].....»»
2 from Marawi with gun, shabu in car arrested in Davao City
Two residents of Marawi City were arrested after policemen and soldiers in a checkpoint in Barangay Lasang in Davao City found P727,000 worth of shabu and a .45 caliber pistol in their vehicle early Saturday......»»
Sectors revive conflict-affected Marawi public library
Cross-section efforts to reopen and convert into a “peace education facility” the Marawi City Public Library, shut as the Maute terror group laid siege to 11 barangays in the city for five months in 2017 and remained closed due the COVID-19 pandemic, are gaining headway......»»