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Lufthansa to build 2nd hangar in Philippines
MANILA, March 14 (Xinhua) -- Germany's flag carrier Lufthansa is looking to build a second hangar in the Philippines, as part of its expansion plans in the Southeast Asia region, said Philippine Trade and Industry Secretary Alfredo Pascual on Thursday. Pascual said the plan was discussed during a meeting between Philippine President Ferdinand Romualdez Marcos and Lufthansa's managers in Berlin where Marcos was o.....»»
PVL or Spikers’ Turf? Rebisco managers hint third team coming
The Rebisco company – owner of uber-popular PVL teams Creamline and Choco Mucho – hint at a third team coming soon, albeit without clues on which league.....»»
Philippines likely missed 2023 growth target
While some economists believe the Philippine economy likely grew faster in the fourth quarter, the overall expansion in 2023 is still expected to fall short of the six to seven percent target penned by the government’s economic managers......»»
Fund for indigent cancer patients reaches P1.25 billion
Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»
How to make money from your talents: Sharon Cuneta shares ideas
Want to pursue your passion but don’t know if you can make money from it?.....»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people
Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»
Hot money returns to net inflow in February
More foreign portfolio investments flowed into the Philippines in February, snapping two straight months of net outflows, amid the government’s retail Treasury bond offering......»»
Pag-IBIG to increase member contributions in February 2024
MANILA, Philippines — The Home Development Mutual Fund or the Pag-IBIG Fund said that it will raise its member contributions in February 2024. In a phone interview on Tuesday, it said that monthly contributions from employees and employers will be increased to P200, from the minimum P100. ALSO READ: PhilHealth members’ contribution rises to 5%.....»»
Pag-IBIG members to get more benefits
Filipinos are expected to enjoy double savings and higher cash loan entitlements while having access to affordable home loans, according to the Home Development Mutual Fund or Pag-IBIG Fund......»»
No more sexy roles for ex-Viva Hot Babe Andrea del Rosario
Former member of the girl group Viva Hot Babes, Andrea del Rosario, will no longer accept sexy roles in films or shows. The last movie where she essayed a daring role was Mac Alejandre’s “May-December-January” in 2022......»»
Admin critics urged: Spare armed services from politics amid withdrawal calls for Marcos
National Security Adviser Eduardo Año called on administration detractors to keep the armed services out of political maneuvering after a lawmaker urged the military to withdraw its support for President Ferdinand Marcos Jr......»»
DOJ to probe Rep. Alvarez
THE Department of Justice (DOJ) said it would investigate Davao del Norte First District Rep. Pantaleon “Bebot” Alvarez after he urged the military to "withdraw" its support for President Ferdinand "Bongbong" Marcos, Jr......»»
PNP mulls holding Alvarez liable for sedition
The Philippine National Police is studying if Davao del Norte 1st District Rep. Pantaleon Alvarez can be held liable for inciting to sedition after the lawmaker urged the military to withdraw its support for President Marcos......»»
3 suspected militants killed in southern Philippine clash
MANILA, April 15 (Xinhua) -- Philippine troops have killed three alleged members of Dawlah Islamiya (DI), an Islamic militant group, during a clash in the southern Philippines, the military said Monday. The military said a soldier was wounded in the 20-minute fighting that broke out on Saturday in a town in Lanao del Norte province. "The enemies were forced to withdraw and escape amid the exchange of gunf.....»»
EDITORIAL – Withdraw special plates
Last year, the leadership of the House of Representatives said the chamber had withdrawn all “8” protocol plates issued to members of previous Congresses......»»
2 Best Ways to Save Up for Something
Sometimes, you find yourself unable to afford something you desire. While resorting to debt might seem convenient, it’s far from ideal. Saving money is a superior alternative, albeit challenging. Often, the struggle lies in maintaining savings, as funds intended for one purpose end up diverted elsewhere. We’re all familiar with the difficulty of saving money. […].....»»
5 Practical Steps to Balance Money for a Well-Rounded Life
Trying to save money is good for you financially but sometimes we can be overly frugal, and it can be bad for you too. Saving is not just about pinching pennies — it’s about finding the right balance that lets you enjoy your life without hurting your saving habits. Giving yourself a break from time […].....»»
Rama to barangays: No aid if fire safety initiatives not done
CEBU CITY, Philippines – Cebu City Mayor Michael Rama took a bold stance on withholding yearly aid and allocations of barangays if they would fail to comply with re-blocking initiatives in communities at risk of fire. He said that the fund in context would be sourced from the Local Development Fund (LDF). READ: Probe.....»»
Trump historic trial: Takeaways from 1st day of hush-money court case
Donald Trump entered the history books on Monday, becoming the first former US president to stand trial on criminal charges. Here are key takeaways from the opening day of “The People of the State of New York vs Donald J. Trump,” in which he faces charges of falsifying business records to conceal “hush money” payments.....»»