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Metrobank earns record P42.2 billion in 2023
Metropolitan Bank & Trust Co. posted record-high earnings of P42.2 billion in 2023, driven by asset expansion, higher margins, improving efficiency levels and better asset quality......»»
BPI profit hits record high P51.7 billion in 2023
“The bank’s solid financial performance is a reflection of its strengthened customer franchise and deeper customer engagement which led to record volumes and market share gains in several businesses,”.....»»
Foreign debt reaches all-time high in 2023
The country’s foreign debt reached another record high in 2023, as both the national government and the private sector borrowed more from offshore creditors, the central bank said......»»
Dollar remittances hit record high
The strong finish in December due to the holiday season boosted dollars sent home by Filipinos abroad to reach an all-time high of $37.2 billion in 2023, the Bangko Sentral ng Pilipinas said......»»
Ports regulator posts record high revenue
The Philippine Ports Authority has posted a new all time high revenue in 2023......»»
GSIS non-life insurance premiums hit record high P9.8 billion in 2023
State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
Duterte exec: Noynoy admin OK’d Ayungin status quo
It was the second Aquino administration that first made a commitment in 2013 not to have the BRP Sierra Madre in Ayungin Shoal repaired, a former official of the previous Duterte administration told a congressional panel yesterday......»»
From the Newsrooms: May 5 to 11, 2024
By: CMFR StaffPosted on: May 13, 2024, 11:35 am THIS WEEK surfaced some troubling issues. The Chinese Embassy's persistent claims about previous agreements about resupply missions sparked tense exchange between PH government officials and Chinese diplomats. On another front, leaked documents alleging President Ferdinand Marcos Jr.'s drug use were linked to "destabilization" plots against his admin.....»»
NGO to Marcos admin: Surface Mindanao labor organizer a month into abduction
The Center for Trade Union and Human Rights (CTUHR) called on President Ferdinand Marcos Jr.'s administration to surface veteran Mindanao labor organizer William Lariosa after being allegedly abducted by state agents last April 10......»»
Karapatan on the Marcos Jr. admin’s amnesty program
Human rights alliance Karapatan takes exception to the Marcos Jr. government’s recently announced amnesty program for its failure to recognize and address the social, political and economic roots of the armed conflict in the Philippines......»»
PDEA: 300,000 drug users rehabilitated under Marcos admin
Over 300,000 drug-dependent individuals have been rehabilitated under the administration of President Marcos, according to the Philippine Drug Enforcement Agency......»»
Drug killings 95 percent lower than in previous admin
The number of deaths recorded under the Marcos administration’s war on drugs has decreased by over 95 percent, in contrast to the bloody anti-drug campaign of his predecessor, Rodrigo Duterte......»»
Marcos admin eyes building 20 new dams by 2028
To meet the country’s growing demand for water and power, the government is eyeing to build 20 medium and three to five large dams by 2028, the end of President Marcos’ term, according to National Irrigation Administration head Eduardo Guillen......»»
PNP colonel faces admin raps over sex video
A police colonel accused of documenting his sexual encounters with a woman he had an illicit affair with is facing administrative cases before the Office of the Ombudsman......»»
NFA: ‘palabigasan’ of crooks in any admin
“The ship drowned,” National Food Authority administrator Emil Ong infamously alibied in 1990......»»
Progressive groups, solon decry UST admin s photo takedown order
In a statement by TomasinoWeb, it said that the university administration instructed the organization to take down the photo as it allegedly caused “public ridicule” to students and the university due to a supposed “association of the Type B uniform with convenience store employee’s uniform.”.....»»
DepEd urged to address staffing shortages to deload teachers of admin tasks
Educators from different schools in Luzon explained that while lightening teachers’ workload is an urgent need, there are not enough non-teaching personnel to deload them of administrative duties and hiring more personnel is not a guarantee in all districts......»»
Cebu City College construction in Ramos Public Market starts
CEBU CITY, Philippines — The construction of the Cebu City College in Ramos Public Market is ongoing despite the continued operation of some vendors there. This was confirmed by Grace Arinaza, admin aide 3 of Ramos Public Market, via Sugboanon Channel’s program on Wednesday, Feb. 7. The construction of the Cebu City College was already.....»»
DepEd orders immediate removal of admin tasks from teachers’ workload
MANILA, Philippines — The Department of Education (DepEd) has officially ordered the immediate removal of administrative tasks from teachers’ workloads on Friday. The issuance of Department Order (DO) 002 came a day after Vice President and Education Secretary Sara Duterte announced the said initiative during her presentation of the 2024 Basic Education Report. “This DO.....»»