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Jobless Filipinos hit 2 million in March 2024 — PSA
During a Wednesday morning press conference, national statistician and PSA chief Claire Dennis Mapa announced an uptick in the number of unemployed persons aged 15 and above to two million in March 2024, up from 1.8 million in February 2024......»»
EDITORIAL - 40 million without safe water
With a population estimated at 118 million as of January this year, it is disheartening to learn that 40 million Filipinos still lack access to freshwater sources......»»
Stonebridge acquires P500 million shares in RCI
Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. for P500 million......»»
Philippines contributes $3 million to ADF
The Philippines is providing $3 million (P171 million) to the Asian Development Bank fund meant to help poor and vulnerable economies in Asia-Pacific......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
Philippines FDI net inflows grow by 89.9 pct in January
MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»
P7 million shabu, P3 million marijuana seized
Shabu with an estimated value of P7 million was confiscated in Tagbilaran City, Bohol on Friday......»»
P35 million allotted for Araw ng Dabaw
DAVAO CITY (MindaNews / 27 February)—The City Government of Davao has allocated P35 million for this year’s Araw ng Dabaw, P8 million more than last year’s celebration, a city councilor said. Councilor Myrna Dalodo-Ortiz, who chairs the finance, ways and means and appropriations committee, said that the city government’s allocation for the annual event includes […].....»»
PLDT proposes $3 million settlement in US budget mess suit
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco......»»
DOH allots P55 million for cervical, breast cancer screening
The Department of Health has allocated P55 million to meet its target of screening three million women for cervical and breast cancer this year......»»
$247 million hot money exits Philippines in 2023
A total of $247.3 million worth of speculative funds exited the Philippines last year, reversing the $886.7 million net inflow recorded in 2022, according to the Bangko Sentral ng Pilipinas......»»
SM Prime sets interest rates for peso bonds
Sy-led integrated property developer SM Prime Holdings Inc. has set the interest rates for its peso-denominated bonds to raise at least P20 billion......»»
Weakening peso may affect Pinoys’ travel plans
Filipinos may start cutting their travel spending if the peso continues to lose its value, as airlines are expected to raise airfares to offset their foreign exchange costs......»»
Native garlic to raise local sufficiency to 20 percent
The Department of Agriculture (DA) is raising the country’s self-sufficiency in garlic to 20 percent next year by expanding domestic output in the Ilocos region and other areas nationwide......»»
DITO planning P4.2-B follow-on offering
The DITO board said that the purpose of the raise is to “infuse additional capital into its operating subsidiary, DITO Telecommunity... to support the commercial roll-out of its network expansion and for general corporate requirements; and for regulatory compliance with the public offering requirements.”.....»»
1st vape-related death in PH recorded; DOH, PGH raise warning
As the first vape-related death was recored in the country, doctors and health advocates are calling on parents and the government to save the youth from the dangers of electronic cigarettes. They also noted that more and more young people have been found using vaping products. As the country takes part in the observance of.....»»
UN Special Rapporteurs raise concerns on rights violations committed in PH using terror laws, counterinsurgency measures
UN Special Rapporteurs sent communications on October 23, 2023 to the Marcos Jr. government calling attention to human rights violations committed in the course of implementing the Anti-Terrorism Act of 2020......»»
DBP eyes over P30 billion from bond sale in Q4
State-run Development Bank of the Philippines plans to raise over P30 billion from a bond issuance in the fourth quarter of the year......»»
MGreen units raise P2.8 billion to fund solar projects
Two subsidiaries of MGen Renewable Energy Inc. (MGreen) borrowed a total of P2.825 billion to bankroll their solar power plants that are set to start operations by the first quarter of next year......»»
Guiao insists ‘it ain’t over’
Rain or Shine coach Yeng Guiao isn’t ready to raise the white flag......»»