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Aboitiz Group raises 2024 capex
The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»
PH Secures PHP 222-B Investment from Germany
The Philippines has secured a substantial USD 4 billion (equivalent to PHP 222 billion) in investments across diverse sectors during President Ferdinand R. Marcos Jr.’s visit to Germany. President Marcos unveiled this information on Wednesday morning’s Facebook post, underlining the significance of these deals with Germany, a notable player in the European Union. Drawing on […].....»»
A substantial boost for cancer care
The Philippine Health Insurance Corp. has announced the perfect gift for women when it increased the “Z-benefit” package for breast cancer from P100,000 to P1.4 million. .....»»
PH Allocates Over P32 Billion to Boost Workforce
The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»
Fund for indigent cancer patients reaches P1.25 billion
Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»
Vaccine Effectiveness: Comparing COVID-19 Shots to Protect Against Severe Disease
Title: University of Michigan Study Finds Sequential COVID-19 Vaccine Doses Provide Substantial Protection Against Hospitalization and Death Date: [Current Date] Byline: [Your Name], Health Correspondent.....»»
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......»»
SEC-Davao advises timely submission of requirements for amnesty payments
The Securities and Exchange Commission (SEC) Davao Extension Office is reminding corporations who have participated in the amnesty program to ensure timely submission of required documents by January 31. Failure to comply will result in forfeiture of payments and incurring additional penalties as outlined in SEC Memorandum Circular No. 20, series of 2023. Non-compliant corporations must submit their latest General Information Sheet (GIS) and Annual Financial Statement (AFS) through the SEC Electronic Filing and Submission Tool (eFAST). Meanwhile, suspended or revoked corporations should submit their petitions along with necessary documents to the Extension Office via email at secdavao@gmail.com. For more information, applicant-corporations can contact SEC Davao Extension Office at 0932-973-8791. It is important to note that the Commission is planning to implement a substantial increase in basic penalties for late and non-filing of reports post-amnesty period, with penalties potentially increasing by up to 1,900 percent......»»
BSP to be more cautious on lowering rates – S& P
The Bangko Sentral ng Pilipinas, along with other emerging market central banks, would be more cautious about cutting borrowing costs this year amid external risks, according to S&P Global Ratings......»»
Laurel pushing for lower food freight costs
The country’s prevailing freight rates on agricultural shipments must be “discounted” to keep food prices nationwide “affordable,” Agriculture Secretary Francisco Tiu Laurel said. Laurel said that he would propose to the Philippine Ports Authority to implement a “discounted” freight rate for agricultural and food products......»»
Coverage of ABS-CBN, Villar deal ignores relevant context
By: CMFR StaffPosted on: May 7, 2024, 2:20 pm JEERS TO media for failing to include relevant background in reporting the signing of documents by officials of ABS-CBN and ALLTV to seal a business deal. Coverage made no reference to other issues involved, including the potential breach of the law on ethical standards regulating the conduct of public officials.From April 13 and 24, media (.....»»
DND-China deal charot! ‘Tigilan n’yo panloloko sa West PH Sea’
Inakusahan ni Defense Secretary Gilberto Teodoro ang Chinese embassy ng pagkakalat ng kasinungalingan matapos nilang ilutang na may ‘new model’ ng kasunduan sa paghawak ng pinag-aawayang West Philippine Sea. The post DND-China deal charot! ‘Tigilan n’yo panloloko sa West PH Sea’ first appeared on Abante......»»
Marcos says Duterte struck secret deal with Beijing on South China Sea - BenarNews
Marcos says Duterte struck 'secret' deal with Beijing on South China Sea BenarNews.....»»
BDO Unibank, SM Keppel Land announce merger deal
BDO Unibank, SM Keppel Land announce merger deal.....»»
China claims South China Sea deal with Philippines Duterte - Nikkei Asia
China claims South China Sea deal with Philippines' Duterte Nikkei Asia.....»»
Philippines denies deal with China over disputed South China Sea shoal - Interaksyon
Philippines denies deal with China over disputed South China Sea shoal Interaksyon.....»»
‘Secret deal’ sa China ilantad na!
Kahit magkakaiba kulay politika, dapat nagkakaisa ang bawat Pilipino, lalo na kapag soberenya ng bansa at mga mamamayan ang nakasalalay. The post ‘Secret deal’ sa China ilantad na! first appeared on Abante......»»
MVP, RSA hope to seal tollway deal this year
Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»
BrahMos missile system supplies from India continue to reach Philippines under USD375 million deal
New Delhi [India], April 21 (ANI): Supplies of the BrahMos supersonic cruise missiles from India to the Philippines under a USD 375 million deal, continue as part of the contract between the two nations, defence officials said. The missile system supplies reached at an air base in Manila from India in a chartered Ilyushin-76 transport aircraft on Sunday, they said. Officials from India and the Philippines are receiving th.....»»
Axelum inks multi-year deal with Vita Coco
Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, has sealed a new multi-year deal with The Vita Coco Co Inc., one of the world’s largest coconut water brands......»»