ERC suspends reserve market settlement
The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»
Market slips ahead of US Fed meeting
Share prices pulled back yesterday as investors treaded with caution ahead of the policy meeting of the US Federal Reserve......»»
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......»»
January 2024 Jobs Report: 353,000 Jobs Added, Unemployment at 3.7%
Title: Job Market Surges in January, Wages Soar and Unemployment Holds Steady Subtitle: Increased Hiring Boosts Economy, Potential Impact on Federal Reserve’s Monetary Policy Byline:.....»»
T-bond rates up slightly
The government borrowed P30 billion from the domestic debt market at a slightly higher rates ahead of the policy decision of the US Federal Reserve......»»
Bloomberry subsidiaries complete deal with GGAM
Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have completed their settlement agreement with casino management firm Global Gaming Philippines LLC following the execution of a block sale amounting to P16.8 billion......»»
Scheming woman caught in Baguio City sting
National Bureau of Investigation-Cordillera agents caught a native of Bontoc town in Mt. Province at the People's Park (formerly Malcolm Square) in Session Road on Wednesday morning after she received the supposed P95,000 cash “settlement” from her victim. .....»»
Bloomberry ends dispute with GGAM
Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»
Bloombery ends dispute with GGAM
Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»
Switch emulator makers agree to pay $2.4 million to settle lawsuit
The Yuzu emulator developers have reached a settlement with Nintendo after a lawsuit was filed against them. As part of the agreement, the developers will.....»»
Jerry Acuzar on showcasing Pasig River
For an upcoming episode of my NET25 morning show “Ano Sa Palagay N’yo,” I recently had the privilege of interviewing Jose Rizalino “Jerry” Acuzar, Secretary of the Department of Human Settlements and Urban Development (DHSUD), whose primary task is the responsible management of housing settlement and urban development......»»
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......»»
BSP onboards OmniPay as 1st non-bank in settlement platform
The Bangko Sentral ng Pilipinas has onboarded OmniPay Inc. in the roster of financial institutions that settle high value transactions safely and instantly through the central bank-owned and operated national payment system......»»
Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Over 40 defective weighing scales seized in Carbon Market
CEBU CITY, Philippines — The Office of the City Markets (OCM) of the Cebu City Government has confiscated over 40 defective weighing scales in Carbon Public Market as of March 21. Led by Market Administrator Robert Barquilla, the operation, dubbed “Operation Timbangan,” aims to ensure accurate measurements for customers. Barquilla, with assistance from Task Force.....»»
Malaysia holds historic biz market footprint in city
CONSIDERING the business climate and unique geographic position of Davao City, the Malaysia External Trade Development Corporation (Matrade) under the trade promotion agency of the Ministry of Investment, Trade and Industry (MITI) has set a historic business market footprint in the city through the Market Immersion Mission, making Davao one of their smart cities in the country, alongside the Philippine’s capital region, Manila......»»
Nikon acquires Red Digital Cinema, enters professional video market
Nikon Acquires Red Digital Cinema to Enter Professional Digital Cinema Camera Market In a strategic move to expand into the professional digital cinema camera market,.....»»
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.....»»
Ombudsman suspends Cebu City Mayor Rama
The Office of the Ombudsman has ordered a six-month preventive suspension of Cebu City Mayor Michael Rama and seven other city government officials in connection with the administrative cases they are facing for the alleged illegal reassignment and withholding of salaries of four city hall employees......»»
Philippines suspends in-person classes due to heat, jeepney strike
Manila, Philippines - The Philippines will suspend in-person classes in all public schools for two days due to extreme heat and a nationwide strike by jeepney drivers, the education department said Sunday.Extreme heat has scorched Southeast Asia in recent weeks, prompting thousands of schools to suspend in-person operations and authorities to issue health warnings.Many schools in the Philippines have no a.....»»
Marcos suspends penalties for e-trike ban violators in Metro Manila
President Ferdinand Marcos Jr. ordered the Metropolitan Manila Development Authority (MMDA) and local government units to give more time to e-bike and e-trike drivers before banning them on major roads......»»