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Marcos names retired CA justice as PCGG chief

President Marcos has named a retired associate justice of the appellate court as chief of the Presidential Commission on Good Government , the agency tasked to recover the ill-gotten wealth of the Marcoses and their close associates......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

Marcos names ex-CA justice Sadang as new PCGG chief

In a Facebook post on Monday, the Presidential Communications Office said that President Ferdinand Marcos Jr. appointed former CA Associate Justice Melchor Quirino Sadang to the agency tasked to recover the Marcos family’s ill-gotten wealth......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

3 Filipinos dead in UAE floods: officials

Three workers from the Philippines have died in heavy flooding in the United Arab Emirates, Filipino officials announced, as the desert country struggled Friday to recover from record rains. Two women suffocated inside their vehicle during the flooding and one man died when his vehicle fell into a sinkhole, the Philippines’ Department of Migrant Workers said. The women died.....»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Sharon sunud-sunod ang pagluluksa; Nadine nagpaalam kay Deo Endrinal

HINDI pa tuluyang nakaka-recover mula sa pagluluksa sa pagpanaw ng ilang taong malapit sa kanya ay wasak na naman ang puso ngayon ni Sharon Cuneta. Napakasakit para sa Megastar ang pagkamatay ng mga taong malapit sa kanyang buhay, ang huli nga ay ang pamamaalam ng ABS-CBN executive na si Deo Endrinal. Idinaan ng actress-singer ang.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

Chinese tourist inflow in Philippines still lagging

Airlines across Asia, including in the Philippines, should expect the Chinese market to recover to pre-pandemic levels only by 2025......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao

Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»

Category: newsSource:  inquirerRelated NewsJan 28th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Exports expected to gradually recover this year

The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

Aboitiz-led Apo Agua starts supplying water to Davao City

DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Watchdog warns Filipinos from buying chicken toy due to toxic chemicals

The EcoWaste Coalition has advised Filipino consumers to refrain from buying an unauthorized squeaky toy marketed for kids and pets alike due to the presence of an "endocrine disrupting chemical.".....»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Alliance Global injects P2.6-B into Megaworld

Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Milk tariff collections rise by 31% to P2.4 billion

Revenues raised by the government from various imported milk products jumped by 31 percent to P2.36 billion in 2023, the highest in at least eight years, from P1.8 billion in 2022......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

First Gen income up 4 percent to P15.4 billion in 2023

Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»

Category: financeSource:  philstarRelated NewsMar 23rd, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

GSIS income surges to P113 billion in 2023

The earnings of state-run Government Service Insurance System jumped by 70 percent to P113.3 billion in 2023 from P66.4 billion in 2022 on the back of strong revenues from financial assets and investments......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024