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Rescuers seek survivors as Davao de Oro landslide death toll climbs
(1st UPDATE) Provincial authorities say a child rescued Friday is in stable condition, raising hopes rescuers will find more survivors.....»»
Philippine landslide death toll climbs to 15, with 110 missing
MANILA, Feb. 9 (Xinhua) -- The death toll in a massive landslide that crashed into villages in Davao de Oro province in the southern Philippines has climbed to 15, with 110 remaining missing, authorities said Friday. In a statement, the Maco municipal government said 31 have been rescued from the landslide, which occurred Tuesday night near a mining site in Maco town that buried several houses and two buses that.....»»
Landslide death toll climbs to 16
The number of fatalities in the rain-induced landslide in Monkayo, Davao de Oro increased to 16 yesterday with at least five reported injuries......»»
Death toll in flooding, landslides in Philippines climbs to 15
MANILA, Jan. 21 (Xinhua) -- The death toll due to landslides and severe flooding in the Davao region in southern Philippines has climbed to 15, official data showed on Sunday. The National Disaster Risk Reduction and Management Council said that 13 people died in Davao de Oro province and two in Davao City. The agency also said that at least five people were injured. The agency said over 83,000 fam.....»»
Death toll in flooding, landslides in Philippines climbs to 15
MANILA, Jan. 21 (Xinhua) -- The death toll due to landslides and severe flooding in the Davao region in southern Philippines has climbed to 15, official data showed on Sunday. The National Disaster Risk Reduction and Management Council said that 13 people died in Davao de Oro province and two in Davao City. The agency also said that at least five people were injured. The agency said over 83,000 fam.....»»
Shear line-induced disaster death in Davao Region climbs to 12
Summary: The Davao Region has witnessed a devastating toll with 12 reported casualties due to the ongoing shear line surge and localized thunderstorms, leading to widespread flooding in eastern sections of Mindanao. In Monkayo, 10 lives were lost during a prayer meeting, with one person still missing and a child hospitalized. Financial assistance and support are being provided to the affected families. In Davao City, two individuals were buried alive in separate incidents. The Regional Disaster Risk Reduction and Management Council has raised the alert status to closely monitor the situation. The state weather bureau forecasts continued adverse weather conditions in the coming days......»»
Guidelines for IPO cornerstone investors issued
The Securities and Exchange Commission has set the guidelines for cornerstone investors in initial public offerings as part of its continuing efforts to boost investor participation in the capital market......»»
SEC scraps minimum stockbroker commission
In its continuing efforts to boost capital market activity, the Securities and Exchange Commission has removed the minimum amount of commission that stockbrokers may charge their customers......»»
Roxas and Co went near-ceiling on solar farm speculation
Roxas and Company saw its shares shoot up 49% in yesterday’s trading session, prompting an inquiry from the Capital Markets Integrity Corp. (the market watchdog) for an explanation......»»
Metrobank raises $1 billion on international debt market
Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»
DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
How to Navigate a Price Increase and Still Make Customers Happy
Running a business is not easy, especially when you are going to make tough decisions that would make or break it. One of these dreadful situations is adjusting your prices, specifically increasing them. There are times when the cost of making your products rises, forcing you to increase it as well. Increasing your prices might […].....»»
Metrobank profit rises by 14 percent to P12 billion in Q1
Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»
GSIS income rises to P37 billion in January-March
The Government Service Insurance System saw its net income jump by 20 percent to hit P37 billion during the first quarter on the back of strong revenues from financial assets and investments......»»
Factory output rises to 5-month high in February
Manufacturing output in February picked up at its fastest pace in five months, driven by the performance of electronic, food and chemical products, according to the Philippine Statistics Authority......»»
CREIT income rises to P1.4 billion in 2023
Robust revenues driven by its green asset portfolio expansion boosted earnings of Citicore Energy REIT Corp. by 12 percent to P1.4 billion in 2023......»»
Debt payment rises threefold in January
The government jacked up its debt service by more than threefold to P159 billion in January as payments for interest and amortization both increased......»»
Philippines Marcos Boosts Maritime Security as China Tension Rises
MANILA, Philippines - Philippine President Ferdinand Marcos Jr. has ordered his government to strengthen its coordination on maritime security to confront 'a range of serious challenges' to territorial integrity and peace, as a dispute with China escalates.The order, signed on Monday and made public on Sunday, does not mention China but follows a series of bilateral maritime confrontations and mutual accusations.....»»
Metro Manila, Davao, Zamboanga sizzle as heat index rises
Metro Manila sizzled on Monday after the heat index reached 42 degrees Celsius......»»
Galunggong retail price up 20 percent
The retail price of galunggong or round scad has increased by 20 percent as fish demand rises during the Holy Week......»»