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Government eyes P30 billion from 30th RTB issue
The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»
Treasury raises P120 billion from T-bonds
The government raised the entire program of P120 billion in long-term securities this month amid the downtrend in investor asking rates......»»
Government borrows P30 billion from T-bonds
The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»
Lascañas, ex-cop, claims Sara Duterte ‘invented’ Tokhang
MANILA, Philippines — A confessed Davao Death Squad (DDS) gunman claimed that “Oplan Tokhang,” the brutal “knock and plead” anti-drug operation carried out by former President Rodrigo Duterte’s administration was a brainchild of then Davao City Mayor Sara Duterte. The confessed DDS gunman also claimed that the brother of then Mayor Sara Duterte, then Vice.....»»
Cong. Pulong Duterte got P51-B budget in three years
It was his own statement about having his district budget reduced this year that got House members to probe and discover that Davao City First District Representative Paolo ‘Pulong’ Duterte, son of former President Rodrigo Duterte, had received P51 billion in the past years......»»
CLI approves issuance of P5 billion preferred shares
Cebu Landmasters Inc., the listed property developer focused in the Visayas and Mindanao regions, will issue five million Series A preferred shares to raise up to P5 billion......»»
Shell Pilipinas profit tumbles to P1.2 billion in 2023
The earnings of Shell Pilipinas Corp. plunged by 70.7 percent to P1.2 billion in 2023 from P4.1 billion in 2022 on the back of declining global fuel prices and elevated interest rates......»»
UnionBank profit down 28 percent to P9.2 billion in 2023
The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»
On its 10th year, Virtual Playground rebrands to VP Global
Virtual Playground recently rebranded to VP Global Athlete and Artist Management as part of its 10th-anniversary celebration. Formed by veteran movie producer Dondon Monteverde and sports agent/businessman Charlie Dy, VP Global has been overseeing the careers of “champions and idols” in the fields of sports and showbiz......»»
Global Dominion Joins The Fight Against Scammers and Fake Accounts
Before 2023 ended, Global Dominion reported a case of unauthorized use of the company’s name in what appeared to be a mobile application. This concern was brought up by a concerned individual via Global Dominion’s customer service and complaints division (CSC). The company then submitted a report to the National Bureau of Investigation’s (NBI) Cyber.....»»
The Future of Work: AI’s Double-Edged Sword for Global Economies
Artificial Intelligence (AI) holds promise in revolutionizing global productivity and economic growth. However, the flip side includes potential job displacement and a widening wealth gap. Without proper policies, nations may struggle to adapt to this emerging technology. The International Monetary Fund (IMF) indicates that nearly 40% of global jobs could be influenced by AI. In […].....»»
PH Economy Remains Optimistic Amid Global Slowdown
The country is one of the fastest growing economies in East Asia and the Pacific according to the World Bank, foreseeing robust growth despite global economic slowdown. In the latest World Bank Global Economic Outlook report released on Tuesday, the Philippines is expected to maintain its economic growth rate in 2024 at 5.8%, slightly higher […].....»»
Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’
Matapos akusahang ibinenta ang Scarborough Shoal sa China, rumesbak si dating Senador Antonio Trillanes IV at sinabing ang kampo ni dating Pangulong Rodrigo Duterte ang kumita dahil sa deal sa Beijing. The post Trillanes rumesbak sa Duterte camp: ‘Sila ang kumita sa China’ first appeared on Abante......»»
Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China
Ayon kay dating Associate Justice Antonio Carpio, isinuko ni Duterte ang mga karapatan ng bansa sa Ayungin Shoal dahil sa kasunduan nito sa China. The post Binoldyak ng 2 ex-SC justice: Duterte sumuko sa China first appeared on Abante......»»
Sara: No political discussions with Marcos Jr., Duterte
Vice President Sara Duterte has neither been discussing with her father, former president Rodrigo Duterte, nor with President Marcos any of her political plans or stand on national issues......»»
Ex-President Duterte is lone 2024 Datu Bago awardee
DAVAO CITY (MindaNews / March 5)—Former President Rodrigo Duterte, who also served as mayor for over two decades, will be the lone 2024 Datu Bago awardee. Davao City Councilor Pilar Braga, who also chairs the Datu Bago Awards Organization (DBAO), said it is high time for Duterte to receive the award as the “most deserving […].....»»
Duterte’s P.S. to Cebu supporters: support Sara’s bid for the Presidency
DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»
Drop Cha-Cha bid ‘and everything will be heaven tomorrow,’ Duterte tells Marcos
DAVAO CITY (MindaNews / 31 January)— Former president Rodrigo Duterte said “everything will be heaven tomorrow” and “happy days are here again” if President Ferdinand Marcos Jr. drops “like a hot potato” attempts to change the 1987 Constitution through People’s Initiative. Duterte, in a press conference Tuesday night at the Grand Men Seng hotel, also […].....»»
Rama ‘worried’ about Duterte-Marcos dispute
CEBU CITY, Philippines – Cebu City Mayor Michael Rama expressed concern about the ongoing political dispute in the country between former President Rodrigo Duterte and the incumbent President Ferdinand Marcos Jr. The issue has become a matter of concern for Rama, given his personal relationship with both Duterte and Marcos, whom he considers “friends.” He.....»»
Honasan seeks ceasefire between feuding Marcos, Duterte camps
MANILA, Philippines — Former Senator Gringo Honasan on Monday urged for a ceasefire between the camps of President Ferdinand “Bongbong” Marcos Jr. and former President Rodrigo Duterte following a volley of heated allegations between the two. In a statement, Honasan called on Marcos and Duterte to “show sobriety” for the sake of those who look.....»»