We are sorry, the requested page does not exist
Philippines suspends over 130 officials over rice sale scandal
MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»
Missile system sa Northern Luzon pinalagan ng Makabayan
Nais ng tatlong kongresistang miyembro ng Makabayan bloc na mapaimbestigahan sa Kamara de Representantes ang tinanim na missile system umano ng Estados Unidos sa Northern Luzon. The post Missile system sa Northern Luzon pinalagan ng Makabayan first appeared on Abante......»»
Filing of complaints now easier with CARe System – DTI
The DTI introduced the DTI Consumer Complaints Assistance and Resolution System (CARe System) to the general public on 13 October 2023 held at the New World Hotel Manila......»»
Cebu City eyes ‘Singapore-like’ railway system to improve transport
CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»
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......»»
PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments
Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»
PMPI Issues Urgent Warning against Alleged Manipulation of People s Initiative for Constitutional Amendments
Philippine Misereor Partnership Inc. (PMPI) expresses alarm over reports that a campaign to amend our Constitution through the people's initiative has begun.Various accounts have alleged that payment or aid is being used to lure people to sign documents to push for the so-called charter change through a people's initiative. Worse, there are reports that local government officials have facilitated these alleged c.....»»
ACEN gets higher rating for climate change report
Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»
RLC posts record P12.1 billion profit in 2023
Robinsons Land Corp. raked in a record profit of P12.06 billion in 2023 as malls gained from the recovery of consumer confidence and spending......»»
PLDT back on growth track, doubles profit to P26.61 billion
Telco leader PLDT Inc. returned to growth mode in 2023 as its profit doubled from a year ago, as it cleaned up the P33-billion budget overrun that messed up its balance sheet in 2022......»»
DMCI Holdings posts 20% profit drop in 2023
Engineering conglomerate DMCI Holdings Inc. incurred a 20 percent drop in its profit in 2023 as business took a beating from price corrections in energy and nickel prices......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Calinan District residents protest vs disguised Cha-cha
Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»
Residential, mall growth boost FLI profit
The real estate developer of the Gotianun clan kicked off the year with a 14 percent increase in profit, picking up growth momentum from the residential and mall segments......»»
Globe profit down to P6.8 billion in Q1
Mobile giant Globe Telecom Inc. incurred another quarter of lower profit as it reeled from broadband losses and quicker depreciation......»»
LTG delivers steady profit
LT Group Inc. of taipan Lucio Tan posted a slight improvement in its profit in the first quarter as strong performances from its banking and beverage units were weighed down by lower earnings contributions from other businesses......»»
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit
Strong residential sales, Malland Hotel revenues boost Megaworld’s Q1 profit.....»»
Cebu Pacific profit soars
Low-cost carrier Cebu Pacific reached a cruising altitude in the first quarter of the year, doubling its profit to more than P2 billion due to the holiday boom for air travel......»»
SM Prime builds up profit to P10.5 billion
Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls......»»
PAL profit tumbles on price pressures
Flag carrier Philippine Airlines felt the shock of ballooning prices of fuel and services in the first quarter of the year, suffering a 13- percent drop in profit due to higher spending......»»