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Marcos OKs 10-year roadmap to improve maritime industry 

The 10-year Maritime Industry Development Plan 2028, outlined in Executive Order 55, which Marcos signed on February 8, aims to create a “strong and reliable” Philippine Merchant Fleet that will meet the country’s sea transport requirements and goals for national development......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Insurance commission OKs doubling of vehicular accident indemnity claims

The Insurance Commission has doubled the indemnity claims for vehicular accident victims as part of government efforts to improve overall insurance coverage in the country......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

House panel Oks proposed POGO ban

Efforts to ban Philippine offshore gaming operators in the country have gained ground at the House of Representatives after a committee yesterday approved two measures on this......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

ADB OKs $400,000 assistance to Philippines for offshore wind projects

The Asian Development Bank is extending $400,000 to the Philippines to support the development of offshore wind ports in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Marcos OKs military’s P2-trillion wish list for weapons, equipment

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the military’s revised wish list for new weaponry and equipment to shore up the country’s defenses against threats, in the face of a rapidly evolving regional security landscape. The updated acquisition plan called “Re-Horizon 3” will focus on “an array of capabilities which will range from.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Manila council OKs preserving Mali’s remains

The city council of Manila passed a resolution on Thursday authorizing Mayor Honey Lacuna-Pangan to enter into a contract with a taxidermy firm to preserve the remains of Mali, Manila Zoo’s elephant and main attraction......»»

Category: newsSource:  philstarRelated NewsJan 27th, 2024

Marcos Oks rice subsidies for cops, soldiers

Amid rumors of destabilization, President Marcos yesterday reaffirmed his commitment to promote the welfare of uniformed personnel and their families and announced the approval of funding for rice and health care benefits......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Marcos Oks promotion of 4 PNP officials

President Marcos has approved the promotion of four Philippine National Police officials......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

SEC affirms P2M fine vs NOW Corp., CEO

The case concerns the alleged misleading disclosures of NOW Corp. on the supposed P2.6 billion unpaid obligation to the Philippine government......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 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

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

MacroAsia FY23 profit: P1.1-B (up 132%)

MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 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

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Blackpink Lisa, RCA Records ng Sony Music sanib-pwersa para sa solo album

IBANG level at tunay nang pang-international ang isa sa mga miyembro ng Blackpink na si Lisa! Pumirma kasi siya ng partnership with RCA Records, isang American record label na pagmamay-ari ng Sony Music Entertainment. Ayon sa kumpanya, nakatakda silang ikasa ang solo album ng Korean idol na ipo-promote globally. “I’m super excited to be joining.....»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2024

Bills vs online piracy to be prioritized with public hearing

Two legislative measures granting additional capability to the Intellectual Property Office (IPO) in curbing online content piracy will be tackled during the recess of the Senate sessions......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Survey shows Dabawenyos want FPRRD to return to public service

NEARLY nine out of 10 Dabawenyos expressed a desire for former President and Mayor Rodrigo Duterte to return to public service, according to a survey conducted by the University of Mindanao Institute of Popular Opinion (IPO)......»»

Category: newsSource:  sunstarRelated NewsMar 13th, 2024

IPO-bound OceanaGold to explore another Didipio

Australian-Canadian firm OceanaGold Corp. is spending $2 million this year to kick start its exploration program and find “another” Didipio mine as part of its expansion program......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024