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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......»»
AGI posts record P30.3 billion profit
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, saw its profit rise by a fifth to reach record high levels in 2023 despite higher inflation, which pushed overall costs and expenses up during the year......»»
Government debt payments rise to record P1.6 trillion
The country’s debt service registered a record P1.6 trillion last year, exceeding the program, as the government aggressively moved to cut mounting obligations......»»
Abby Clutario, Keiko Necesario take center stage at One Stop Record Fair
Music lovers, audiophiles and record collectors had a feast of their favorite things during the most recent edition of “One Stop Record Fair” held at the Activity Area of Ayala Malls The 30th in Pasig City......»»
Residential electricity rate up by P0.13 for March – April billing
Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»
EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy
New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»
EAM Jaishankar, Singapore PM exchange views on deepening engagement in fintech, digitalization, green economy
New Delhi [India], March 26 (ANI): External Affairs Minister S Jaishankar and Singapore Prime Minister Lee Hsien Loong exchanged views on deepening engagement in fintech, digitalization, the green economy, skills development and food security. EAM Jaishankar concluded his visit to Singapore on March 25. He was on an official visit to Singapore from March 23-25, the first leg of his visit to Singapore, Philippines and Mala.....»»
NTC blocking unlicensed investment apps
The National Telecommunications Commission has ordered the blocking of access to the website and app of foreign exchange platform MiTrade, accused by the Securities and Exchange Commission of offering investment opportunities without the necessary license......»»
Valentine’s Day Wedding: 26 couples exchange ‘I Dos’ in Toledo City
MANDAUE CITY, Cebu — February 14 was a very important day for 26 couples in Toledo City who availed of the city government’s free wedding program. Mayor Marjorie Piczon Perales officiated the exchange of wedding vows and the special event was being held at the Toledo Sports Center, the city’s Public Information Office said. READ:.....»»
Philippines jobless rate increases to 4.5 pct in January
MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»
Philippines jobless rate increases to 4.5 pct in January
MANILA, March 8 (Xinhua) -- The Philippines' unemployment rate increased to 4.5 percent in January from 3.1 percent in December last year, the Philippine Statistics Authority (PSA) said on Friday. PSA head Dennis Mapa told a press conference that there were 2.15 million jobless Filipinos in January. "This was lower than the reported number of unemployed persons in January 2023 of 2.38 million," Mapa said......»»
Market falls amid worries over rate cuts, China growth
Share prices ended in the red for a third session after another dour day across global markets, fuelled by a sense of resignation that the interest rate cuts long expected in March will not materialize due to stubbornly high inflation......»»
Pinoy Aquaman sets new record in successful 10k open water swim in Capiz
CEBU CITY, Philippines — “Pinoy Aquaman” Ingemar Macarine never ceases to amaze after setting a new personal record for conquering the 10-kilometer open water swim in the Capiz Sea on Sunday, March 17, 2024. The 47-year-old Macarine bested his previous 10k open water swim in Masbate last year. From four hours and 22 minutes in.....»»
Record 325 teams vie for golf glory in Southwoods Invitational
The Southwoods Invitational unwraps Wednesday, March 13, with the initial batch of the record-breaking 325-team field aiming for strong starts at the Masters and Legends courses in what promises to be a highly charged yet friendly competition......»»
Philippine seeks to break Guinness record with pork dishes
A group of hog farmers will attempt to set a Guinness World Record for the most number of pork dishes on display, which will be served during the organization’s festival in Quezon City and Marikina from March 1 to 5......»»
PFDA commits to increased dividend payments to Treasury
Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
How to Trade the Forex Market: A Comprehensive Overview
Trading the forex market involves buying and selling currencies with the intention of making a profit from the changes in the exchange rate, hence why.....»»
SEC moves to help Philippines exit from FATF gray list
The Securities and Exchange Commission (SEC) plans to further raise the compliance rate among corporations for reporting beneficial ownership, a move that will support the country’s bid to exit the global ‘dirty money’ gray list this year......»»
Stocks move in step with Asia-wide rally
Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»