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Philippines investment board awards green lane for solar power project

MANILA, Jan. 29 (Xinhua) -- The Philippine Board of Investments has granted the green lane certificate for the floating solar power project that will soon rise in Nueva Ecija province, north of Manila, the Department of Trade and Industry (DTI) said on Monday. The Fuego Renewable Energy Corp. (FREC) will build the Pantabangan Floating Solar Power Plant, a 463.995 megawatts (MWac) floating solar photovoltaic (PV).....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Mayor Rama mum on including town reps in MCWD’s board

Mayor Rama mum on including town reps in MCWD’s board.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Rabacal: Cebu Traffic Management Board

Rabacal: Cebu Traffic Management Board.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Recto joins BSP’s Monetary Board

Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2024

Traffic Board: Konsulta kon national roads pangsirhan

Traffic Board: Konsulta kon national roads pangsirhan.....»»

Category: newsSource:  sunstarRelated NewsJan 21st, 2024

Planned national road closures need Cebu Traffic Board’s review, approval

Planned national road closures need Cebu Traffic Board’s review, approval.....»»

Category: newsSource:  sunstarRelated NewsJan 21st, 2024

Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board

'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

Monetary Board awaits Palace word on government representative

The Bangko Sentral ng Pilipinas is awaiting word from Malacañang as to who will be the government representative in the seven-member Monetary Board......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

T-bill rates up across the board

The government has cut its two consecutive weeks of increased borrowing from local investors, returning within the regular program for short-term debts as rates went up across the board......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Diokno as Monetary Board member: I’m now cooling down

Former finance secretary Benjamin Diokno says he is now on a cooling down mode as he was sworn in as the last member of the Monetary Board......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Cebu Landmasters board approves P5-B preferred shares offering

Cebu Landmasters announced that its board of directors approved a measure to sell up to P5 billion worth of its Series A preferred shares in an upcoming follow-on offering......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

PhilHealth members’ contribution rises to 5% in 2024

MANILA, Philippines — Philippine Health Insurance Corp. (PhilHealth) members will see a premium contribution hike from four to five percent this year. The increase is in line with the Universal Health Care (UHC) law, according to PhilHealth President and Chief Executive Officer Emmanuel Ledesma, Jr. “Kailangan natin ng pondo para matugunan ang ating mga nasimulang.....»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

Employers’ group asks President Marcos: Veto P100 wage hike law

President Marcos should veto a proposed measure legislating a P100 daily across-the-board increase for the private sector as there is no way that small businesses can comply with the legislated wage hike, Employers Confederation of the Philippines (ECOP) chairman Sergio Ortiz-Luis Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

President Marcos congratulates new Indonesian president

President Marcos called presumptive Indonesian President Prabowo Subianto late Thursday to congratulate him and relay his commitment to further enhance Manila’s relations with Jakarta......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Except for Vice President, Dutertes skip President Marcos events

Despite a testy exchange about drug use with former president Rodrigo Duterte, President Marcos said he has a lot of fond memories and made lifetime friends in Davao City......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Duterte has stopped taking fentanyl before becoming President — Panelo

MANILA, Philippines —  Former President Rodrigo Duterte stopped taking Fentanyl even before his election as the chief executive of the country in 2016, according to his then chief legal counsel, Salvador Panelo. President Ferdinand R. Marcos Jr. on Monday alleged that the former president is taking fentanyl. In a text message to INQUIRER.net, Panelo reiterated.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Dingdong Dantes, Alden Richards inject new energy, ideas into 50-year-old MOWELFUND

The presence of Dingdong Dantes and Alden Richards as new board members has injected new life and energy into the 50-year-old Movie Workers Welfare Foundation, Inc......»»

Category: entertainmentSource:  philstarRelated NewsApr 18th, 2024

Women shaping Philippine monetary policy

Women have made significant strides as leaders in the Philippine financial services industry even as challenges continue to persist. At the helm are two distinguished female members of the Monetary Board (MB) – the policy-setting body of the Bangko Sentral ng Pilipinas (BSP) –both of whom are breaking the bias for women in finance......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024