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Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Gwen orders to halt Cebu BRT construction in heritage buffer zones

CEBU CITY, Philippines —  Gov. Gwendolyn Garcia has ordered proponents of the Cebu Bus Rapid Transit (BRT) to halt civil works near Fuente Osmeña and the Capitol building for heritage protection purposes. Garcia has issued a memorandum, addressed to the Cebu BRT Team and the contractor, Hunan Road and Bridge Construction Group Ltd., to cease.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

Alliance Global injects P2.6-B into Megaworld

Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Laurenti Dyogi reveals PBB new season, on-ground auditions

Laurenti Dyogi announced that they are looking for a "new breed of idol trainees and young artists" to join Star Magic as well as new housemates for the upcoming season of "Pinoy Big Brother" for the show's return in June......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

BSP logs 40K complaints relating to financial consumer protection; only 5% come from Mindanao

SINCE the effectivity of the Financial Consumer Protection Act (Republic Act 11765) in June 2022, the Bangko Sentral ng Pilipinas (BSP) has logged more than 40,000 complaints from customers of different BSP-supervised financial institutions from all over the Philippines. Of this number, only around 5 percent come from Mindanao, implying the Mindanaoans' unawareness of the law......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Igacos mayor gives Nordeco deadline to OK power situation

ISLAND Garden City of Samal (Igacos) Mayor Al David Uy has given the Northern Davao Electric Cooperative, Inc. (Nordeco) only until the end of June 30, 2024 to "online" the submarine cable, which would address the island's power situation......»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

DAR vows to distribute remaining 1 million land titles

The Department of Agrarian Reform will distribute the remaining one million land titles to farmer-beneficiaries before the term of President Marcos ends in June 2028......»»

Category: newsSource:  philstarRelated NewsMar 31st, 2024

Gilas in tough bracket for FIBA U17

The battlefield – and the stacked opposition on the way – is set for the Gilas Pilipinas youth in its anticipated return to the FIBA U17 World Cup in Turkey on June 29 to July 7......»»

Category: sportsSource:  philstarRelated NewsMar 31st, 2024

BINI hits the charts, headlines first solo concert

BINI’s fans, also known as Blooms, are in for a treat as the P-pop girl group has announced their first solo concert, titled “BINIverse,” to be held on June 28 at the New Frontier Theater......»»

Category: entertainmentSource:  philstarRelated NewsMar 31st, 2024

Gilas Youth joins Spain, Puerto Rico, Lithuania in FIBA U17 World Cup group

The battlefield — and the stacked opposition on the way — is set for the Gilas Pilipinas youth in its anticipated return to the FIBA U17 World Cup in Turkey on June 29 to July 7......»»

Category: sportsSource:  philstarRelated NewsMar 30th, 2024

Squires back-to-back champions

Letran’s June Silorio is being advertised as the new “Captain Marbel,” or the second coming of ex-pro star Kenneth Duremdes......»»

Category: sportsSource:  philstarRelated NewsMar 24th, 2024

Silorio stars as Squires zoom past Junior Altas for back-to-back NCAA crowns

Letran’s June Silorio is being tipped as the new “Captain Marbel,” or the second coming of ex-pro star Kenneth Duremdes......»»

Category: sportsSource:  philstarRelated NewsMar 23rd, 2024

Filipino pugs plunge back into training for 2nd Olympic qualifiers

There's no rest for the weary as the Association of Boxing Alliances in the Philippines (ABAP) already laid out plans for its coming campaign in the 2nd World Qualification Tournament set in Bangkok, Thailand from May 23 to June 3......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Vargas hopeful of more Olympics spots

ABAP chairman Ricky Vargas said yesterday he’s hoping for at least two more Olympic slots from boxing to add to the list of Paris entries Eumir Marcial, Nesthy Petecio and Aira Villegas with Rogen Ladon, Carlo Paalam and Hergie Bacyadan tipped to vie for tickets at the final qualifiers in Bangkok on May 23-June 3......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024