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Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»
El Niño to slash coconut oil exports
The El Niño phenomenon is seen pulling down the country’s coconut oil exports by a fifth in market year 2024-2025 to 900,000 metric tons, according to an international agency......»»
Martial law architect Enrile gets Malacañang birthday bash, P100k cash gift
During his birthday celebration at Malacañang, Enrile, who earns around P189,00 to P211,900 (Salary Grade 30) as chief state counsel, was also handed a centenarian gift of P100,000 by the Department of Social Welfare and Development. .....»»
AbaCore raises P200 million from asset sale
Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»
Solo parents to get P1K monthly subsidy
The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»
DOE wants better TOR for microgrid bidding system
The Department of Energy plans to improve the terms of reference for the next round of bidding for the development of microgrid systems......»»
Paolo Contis, Kaye Abad, Patrick Garcia reunion movie trailer released
"Tabing Ilog" fans will get the reference when they check out the freshly dropped trailer for "A Journey," starring Kaye Abad, Patrick Garcia and Paolo Contis. .....»»
T-bill rates up across the board
Rates for the government short-term securities rose across the board in reference to the secondary market after the US Federal Reserve ruled out monetary policy easing anytime soon......»»
Much Ado About Nothing
The reference to Shakespeare’s play “Much Ado About Nothing” is comically deliberate......»»
Diocese of Pasig pushes for sainthood of Pinay catechist Ka Luring
The Roman Catholic Diocese of Pasig has started the cause for beatification and canonization of Laureana "Ka Luring" Franco, a Filipina catechist with two supposed miracles already under her name......»»
MMDA eyes more stations for Pasig River Ferry
The Metropolitan Manila Development Authority plans to build more stations for the Pasig River Ferry Service, an official said yesterday......»»
Pasig River
On Jan. 17, 2024, I attended the launch of the Pasig Bigyang Buhay Muli redevelopment project for Metro Manila’s most famous river, as a guest of the First Couple......»»
Drunk man drowns in Pasig River
A construction worker drowned when he went for a swim in the Pasig River as he and his workmates were enjoying a drinking session in Intramuros, Manila on Thursday night......»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
Pasig River rehab to promote tourism, transport connectivity – DHSUD
The rehabilitation of the Pasig River will be aimed at boosting tourism and promoting transportation connectivity in Metro Manila, the Department of Human Settlements and Urban Development said over the weekend......»»
Private firms to bankroll P18 billion Pasig rehab
The country’s top businessmen are backing the government’s rehabilitation of the Pasig River, a vital waterway and prominent landmark and tourist attraction......»»
Marcos inaugurates Pasig River rehab project
President Marcos yesterday led the inauguration of the “Pasig Bigyang Buhay Muli” project behind the Manila Central Post Office......»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
Tulfo’s bill seeks to impose stricter penalties for drunk drivers
MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»
Robinsons Land raised P8.5-B in RCR block sale
Robinsons Land sold just over 1.725 billion shares of RL Commercial REIT [RCR 5.01 ?3.5%; 143% avgVol] in an overnight block sale after initiating a private sale process with BPI Capital......»»