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DTI allows manufacturers to downsize certain goods to offset rising costs
MANILA, Philippines — The Department of Trade and Industry (DTI) announced on Wednesday that manufacturers of essential goods can maintain profitability amid rising production costs by reducing product sizes or weights, instead of increasing prices. Trade Assistant Secretary Amanda Marie Nograles explained during the televised Bangon Pilipinas briefing that the DTI permitted this adjustment for.....»»
Tamayo shines, spearheads team to victory in B.League Rising Star Game
Carl Tamayo led the Asia All-Stars to a huge victory over the Asia Rising Stars, 127-115, at the Okinawa Arena in Japan Saturday......»»
German FM: Rising tensions in SCS a concern for Europe
Rising tensions in the region and China’s dangerous actions against the Philippines as well as developments in the South China Sea are of concern for Europe, Germany’s Foreign Minister Annalena Baerbock said yesterday......»»
LBC back in the red on higher debt payments
Courier giant LBC Express Holdings Inc. sank in the red in the first quarter as it paid loans acquired in the latter half of 2023 and took on new debts to fund capital expenditures......»»
Daily Guardian: Ohtanis ex-interpreter wired money to Real Housewives star to pay gambling debts
Reality TV star Ryan Boyajian, most notably known for his appearance on “The Real Housewives of Orange County,” has found himself entangled in a criminal.....»»
Ohtani to address theft allegations against interpreter
Shohei Ohtani's interpreter got fired by the Dodgers amid allegations that he stole from the player to pay off gambling debts.....»»
NAIA sale to pay debts
Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»
While Rome burned
The 15th day of March is historically referred to as The Ides of March, the 74th day of the Roman calendar which was the last day of settling debts or paying your “utang” in the Roman empire. Another thing I recall from Roman history is the claim of some writers that “while Rome burned, the Emperor Nero played a violin.”.....»»
Philippines forex reserves dip to $103 billion in January
The country’s forex buffer slid slightly to $103.4 billion in January as the government paid its foreign debts and the central bank’s gold holdings took a hit from lower prices in the global market......»»
E. Visayas ARBs grateful over signing of new agrarian law
Republic Act 11953 or the New Agrarian Emancipation Act freed ARBs from debts incurred from amortization of lands awarded under Presidential Decree 27 and Republic Acts 6657 and 9700......»»
[Two Pronged] My mom keeps asking me to send money for my sister’s gambling debts
'Two years ago I said enough was enough and sent money only for my mother’s expenses, no matter how much she asked me to help, no matter how big my sister’s gambling problem seemed. She did not talk to me for two months.'.....»»
T-bill rates ease as demand swells
Demand for the government’s short-term securities rose to its highest level in three months, with rates slightly going down even after inflation quickened anew in February......»»
Philippines debt hits record P14.6 trillion
The Marcos administration has so far incurred P1.82 trillion in debt since it assumed office, largely due to a high interest rate environment, pushing the country’s outstanding obligation to an all-time high of P14.62 trillion in 2023, according to the Bureau of the Treasury......»»
Marcos calls for review of minimum wage rates
Groups have been calling on the government to raise the minimum wage to keep up with the rising cost of living. .....»»
Spring housing market heating up, but rising rates pose challenges for buyers
The housing market’s spring selling season is anticipated to be more robust this year as inventory continues to increase, a positive sign for buyers looking.....»»
Unlock business success at Franchise Asia Philippines Expo
The Franchise Asia Philippines Expo 2024 is set to hold a series of dynamic seminars designed to empower entrepreneurs, investors and business enthusiasts with the knowledge and tools needed to thrive in the ever-evolving world of franchising. Slated from April 12 to 14 at the SMX Convention Center Manila, these seminars offer invaluable insights into key aspects of franchising and business growth......»»
Top taekwondo jins test mettle SMART/MVPSF CPJ national tilt
The country’s top and seasoned players, including members of the national team, and rising stars from the various clubs and schools, will see action in the SMART/MVPSF National CPJ (Carlos Palanca Jr.) Taekwondo Championships on March 23-24......»»
Lovi Poe may bagong Hollywood movie, sisimulan ang taping this year
BUKOD sa Hollywood independent film na “Bad Man,” may bagong international movie na pagbibidahan ang Pinay actress na si Lovi Poe. Grabe! Ibang level na talaga si Lovi, pang-Hollywood na ang kanyang acting skills! Hindi pa nari-reveal kung ano ang titulo ng bago niyang proyekto, pero ito ay pinangungunahan ng American producer-director na si Garry.....»»
4 persons of interest in killing of Dumanjug trader identified
LAPU-LAPU CITY, Cebu – The Dumanjug Police Station has identified four persons of interest (POI) in the killing of a 51-year-old livestock trader in Barangay Kanyuko, Dumanjug town, southwest Cebu on Thursday, May 30, 2024. Leonardo Pescadero Macario, a resident of the area, was found dead next to his parked motorcycle in Barangay Kanyuko. He.....»»
Detained foreign tanker now a ‘vessel of interest’ for NICA
The Chinese-manned tanker being held by the Philippine Coast Guard since May 15 is now a “vessel of interest” for the National Intelligence Coordinating Agency, the PCG said yesterday......»»