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Consumers express mixed reactions on slight power rate increase
Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»
China blames PH again on raising tensions in the West Philippine Sea
MANILA, Philippines — China on Tuesday once again accused the Philippines of making provocations and heightening the tensions in the West Philippine Sea. “On the situation at Ren’ai Jiao (Ayungin Shoal), China has made our position clear on multiple occasions. On this issue, it is the Philippines who has repeatedly infringed on China’s rights, made.....»»
Third retail bond issue eyed in Q1
The government will borrow from small creditors in the first quarter as the Marcos administration sets its third offering of retail Treasury bonds in a bid to boost state coffers and finance various projects......»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
New Delhi raises target for defense exports
India is set to increase production of aircraft engines and gas turbines, aiming to become a major player in the arms tradeThe Indian government has increased its annual target for defense and aerospace production to $36 billion, while raising the export target to $6 billion. Indian Defense Minister Rajnath Singh said the country aims to increase its production of jet engines and gas turbines to.....»»
ALI to raise P50 billion in debt capital
Property giant Ayala Land Inc. is raising up to P50 billion in debt capital this year to refinance maturing obligations and partially fund general corporate requirements......»»
SEC greenlights SM’s P100 billion bond program
The Securities and Exchange Commission has given its green light to SM Prime Holdings’ P100-billion program......»»
BTr raises P120 billion from T-bond sale
The government raised the entire program of P120 billion in long-term securities this month even as investors’ asking rates were mixed......»»
Government cuts borrowings to P203 billion in January
The Marcos administration slashed its borrowings by 45 percent to P203 billion at the onset of the new year in the absence of new global bond offerings.......»»
Metrobank eyes return to offshore debt market
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»
Ultra-high-net-worth wealth management? Make sure you re in good hands
Metrobank offers extensive wealth products and services that cater to Filipinos across all life stages—with different goals, risk appetite and financial capacity......»»
Robinsons Land gets P33.9B in shares, injects 13 malls, offices to RCR via swap
Robinsons Land gets P33.9B in shares, injects 13 malls, offices to RCR via swap.....»»
Manila Reps. Dionisio, Tieng seek ban on gambling via online, text
TWO Manila Congressmen are fighting tooth and nail for the eradication of gambling via online and text messages, citing how it had been hooking the hapless poor and youngsters owing to easy accessibility. Speaking at the ‘MACHRA Balitaan’ of the Manila City Hall Reporters’ Association (MACHRA) held in Harbor View, Congressmen Ernix Dionisio (1st district) […].....»»
Koolpals to celebrate 5th anniversary via school fair-like event
Koolpals GB Labrador, James Caraan, Nonong Ballinan, Muman Reyes and Ryan Rems Sarita are set to celebrate their five years in podcasting via The KoolPals Block Party: a Stand-Up Comedy + Music Special in 123 Block on May 11......»»
Yasmien nanganak na via caesarean section, 2nd baby may ‘cord coil’
ISINILANG na ng Kapuso actress na si Yasmien Kurdi ang second baby nila ng kanyang asawang si Rey Soldevilla. Nanganak si Yasmien via caesarean section sa isang ospital taliwas sa nais sanang normal delivery ng aktres at celebrity mommy. Ibinalita ni Yasmien ang pagsilang ng ikalawang anak sa pamamagitan ng kanyang Instagram account kalakip ang.....»»
ABS-CBN shows return to channel 2 via Villar s AMBS
Advanced Media Broadcasting System (AMBS) and ABS-CBN Corporation have inked an agreement that will officially bring iconic Filipino entertainment programs and relevant news to more audiences via free-to-air channel ALLTV......»»
Anne Curtis, Ogie Alcasid, Karylle return to GMA via It s Showtime
Kapamilya stars Anne Curtis, Ogie Alcasid and Karylle have returned to media network GMA via "It's Showtime.".....»»
Federal Land spearheads coastal revival via mangrove planting in Carcar
Federal Land spearheads coastal revival via mangrove planting in Carcar.....»»
BARMM creates 32 parliamentary districts via regional edict
The first ever Bangsamoro parliamentary elections in 2025 shall cover 32 newly-created districts set via an edict by its interim 80-member regional lawmaking body......»»
Wish ni Karla kay Via Veloso: Gusto kong magkaroon siya ng partner
PINU-PUSH nang bonggang-bongga ni Karla Estrada ang dating sexy actress na si Via Veloso na maging bukas uli sa pagkakaroon ng bagong dyowa. Ibinuking ng TV host-actress na parang nawalan na kasi ng pag-asa ang kanyang kaibigan na pumasok uli sa isang seryosong relasyon dahil sa mga naranasang pagkabigo sa larangan ng pag-ibig. Nitong nagdaang.....»»