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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......»»
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.....»»
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.....»»
House to address Dwarfism
With all of the priority bills listed in the Legislative-Executive Development Advisory Council (LEDAC) over and done with, the House of Representatives has passed a bill declaring Oct. 25 every year as “National Dwarfism Awareness Day.”.....»»
House expedites release of P35M aid for Davao disaster victims
The House of Representatives, in collaboration with President Ferdinand R. Marcos Jr., is expediting the release of P35 million in financial aid and 17,500 food packs to assist the seven congressional districts affected by recent flooding and landslides in the Davao Region. Speaker Ferdinand Martin G. Romualdez emphasized the urgency of their efforts, aiming to provide substantial assistance to the nearly 45,000 affected families and over 187,000 individuals in the region. Coordination with the Department of Social Welfare and Development is underway to swiftly release PHP5 million to each district through the Assistance to Individuals in Crisis Situations program. The financial aid will support various relief efforts, including infrastructure reconstruction and medical assistance. Tingog Party-list representatives also expressed their commitment to ensuring the assistance reaches those most in need......»»
Teachers urge Congress: Fund classrooms, not Charter plebiscite
he Alliance of Concerned Teachers on Thursday called on the House of Representatives to reallocate the budget earmarked for the proposed Charter change plebiscite toward constructing more classrooms amid the learning crisis......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»
State firms get higher subsidies
The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Converge allots P5 billion for data centers
Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»
MILF lauds Senate for adopting House rebel amnesty resolutions
COTABATO CITY (MindaNews / 7 March) – The Moro Islamic Liberation Front (MILF) lauded the Senate for adopting three resolutions of the House of Representatives that concur with President Ferdinand Marcos Jr.’s grant of amnesty to former rebels. Bangsamoro Interim Chief Minister Ahod “Al Haj Murad” Ebrahim, also the MILF chair, said the granting of […].....»»
House panels approve enhanced discounts for seniors, PWDs
Three House committees yesterday approved three bills that would enhance discounts, incentives and tax exemptions for senior citizens and persons with disabilities......»»
Women lawmakers to preside over today’s House session
Women officials and members of the House of Representatives will be presiding over today’s session, in celebration of Women’s Month and in accordance with the internal rules of the chamber......»»
3 killed in Philippine residential fire
MANILA, Feb. 26 (Xinhua) -- Three women, including a person with disability, died on Sunday night when a fire burned down their house in Rizal province, east of Metro Manila, a firefighter said Monday. John Randolph Baldonado told reporters that the fire broke out before 9 p.m. local time on Sunday from the victims' house and two neighboring homes. He added that it took firefighters less than an hour to extingui.....»»
‘Heartbreak’, ‘Wellness’ leaves for single employees pushed in House
MANILA, Philippines — Two House bills aimed to provide “heartbreak” and “wellness” leaves for single employees in the country has been filed in the country by a lawmaker. The importance of giving singles a break from the social pressures that come with being unmarried or without a partner has been stressed in the filing of.....»»
UP Physicists Present Network Science Research at the House of Representatives
Dr. Reinabelle Reyes and Dr. May Lim of the UP Diliman National Institute of Physics (UPD-CS NIP) presented their research on transport network efficiency at the recent House Committee on Visayas Development meeting on February 6, 2024. Together with independent researcher JC Albert Peralta, Dr. Reyes and Dr. Lim used a 300-year-old math discipline called […].....»»
House panel to summon Quiboloy, warns of arrest
The House of Representatives committee on legislative franchises yesterday decided to issue a subpoena to Pastor Apollo Quiboloy with regard to the defiant stance of his Sonshine Media Network International despite a temporary shutdown order for violations of its legislative franchise. .....»»
Amid House-Senate rift, Romualdez seeks common ground on Cha-cha with Zubiri
After the Senate delivered a scathing rejection of the ongoing People’s Initiative (PI) campaign to amend the Charter, House Speaker Martin Romualdez has reached out to Senate President Juan Miguel Zubiri to express the lower chamber's support for an alternative PI led by the upper chamber......»»
REFLECTIONS: GomBurZa and I: The fight goes on
TAGO, Surigao del Sur (MindaNews / 08 January) — I have been to the ancestral house of Fr. Jose Burgos three times. It is one of the major tourist attractions in Vigan City in Ilocos del Sur. The house is smaller than Jose Rizal’s in Calamba, Laguna but it is replete with the necessary conveniences […].....»»
Sarah Lahbati gives glimpse of new house amid Richard Gutierrez split rumors
Actress Sarah Lahbati gave a glimpse of her new house while she is embroiled in separation rumors with husband Richard Gutierrez......»»