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Philippines dollar reserves slip to $102.67 billion
The country’s foreign exchange buffer slipped to $102.67 billion in February, the second straight month of decline, acccording to the Bangko Sentral ng Pilipinas......»»
Philippines forex reserves dip to $103 billion in January
The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
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......»»
Randy nangungulila pa rin sa namatay na anak after 7 years: Napakasakit
KAHIT pitong taon na ang nakalilipas mula nang mamatay ang kanyang anak ay ramdam na ramdam pa rin ni Randy Santiago ang sakit at pangungulila. Pumanaw ang anak niyang si Ryan noong August, 2017 sa edad na 24 dahil sa kanyang karamdaman. Ayon sa singer-director, until now ay dama pa rin ni Randy ang kirot.....»»
Rice inflation to remain elevated until August – DA
“This is the result of the engagements of President Marcos and Agriculture Secretary Francisco Tiu Laurel last year with the importers to bring in supply in preparation for El Niño.”.....»»
Attendance of 4 lawyers in Mandaue session questioned
MANDAUE CITY, Cebu — A councilor of Mandaue City is questioning the participation of four lawyers representing Mayor Jonas Cortes during the sessions of the Sangguniang Panlungsod. On Monday, March 4, different department heads including City Administrator Jamaal James Calipayan, City Budget Officer Atty. Giovanni Tianero, and Atty. August Lizer Malate, head of the Business.....»»
From the Newsrooms: February 25 to March 2, 2024
HEADLINES LAST week called public attention to the killing of 17-year-old Jerhode "Jemboy" Baltazar who was shot by police in August 2023. A local court promulgated on February 27 the murder case filed against six police officers, who were earlier terminated from service. The court's conviction of one of the accused was downgraded to homicide. Four others were convicted for illegal discharge of firearms. Another accuse.....»»
From the Newsrooms: February 25 to March 2, 2024
HEADLINES LAST week called public attention to the killing of 17-year-old Jerhode "Jemboy" Baltazar who was shot by police in August 2023. A local court promulgated on February 27 the murder case filed against six police officers, who were earlier terminated from service. The court's conviction of one of the accused was downgraded to homicide. Four others were convicted for illegal discharge of firearms. Another accuse.....»»
Remembering Butz Aquino, leader of the August Twenty-One Movement that defied Marcos Sr.
Butz Aquino, the brother of Ninoy Aquino, was among the first to call upon the people to gather in EDSA in what would become the People Power Revolution.....»»
Gaza health crisis could kill 8,000 more by August even if fighting stops – report
If the fighting continues or escalates, traumatic injuries will make up the majority of excess deaths in Gaza. But deaths from malnutrition, infectious diseases like cholera and a lack of access to care for conditions like diabetes will also kill thousands......»»
Valorant Champions heads to Seoul to kick off year
The 2024 Valorant Champions Tour (VCT) began over the weekend with the Kickoff Tournament across different international leagues, with the announcement that the culminating tournament in VCT, Valorant Champions, will be taking place in Seoul, South Korea in August......»»
PSA joins first and biggest Bagong Pilipinas Serbisyo Fair in Naval, Biliran
The Philippine Statistics Authority (PSA) led by Undersecretary Claire Dennis S. Mapa joined in the first and biggest delivery of government services tagged “Bagong Pilipinas Serbisyo Fair” held in Biliran Province on 26-27 August 2023......»»
Will Lin play against Gilas?
Nine-year NBA veteran Jeremy Lin is eligible to play for Chinese-Taipei against Gilas in the FIBA Asia Cup qualifying window game at the PhilSports Arena on Feb. 25. He could suit up as a naturalized “import,” having acquired a Taiwan passport in August 2020 or as a local if FIBA grants an exception like it did with Indonesian-American Brandon Jawato.....»»
Filipino comedian Red Ollero sets Netflix special in March
The show was originally recorded last August during three sold-out performances at San Juan's Teatrino Promenade, which Red Ollero noted then was the first time such an occurrence happened in one weekend in local stand-up history......»»
Farmer group in remote Samar town gets nearly half a million assistance from DAR
Some P465 thousand worth of assistance were formally turned over on August 7 this year by the Department of Agrarian Reform (DAR) Samar Provincial Office to the Calanyugan Farmers Association (CFA)......»»