PHILSTAR THE National Electrification Administration (NEA) said Maharlika Investment Corp. (MIC) has requested its participation in planning and evaluating the Mindoro Island Loop ahead of its upgrade or rehabilitation. In a statement, the NEA said that it met with MIC on Tuesday to discuss future plans aimed at improving the power supply and distribution systems […]Read More
BW FILE PHOTO THE PHILIPPINES imported 1.6 million metric tons (MT) of rice as of early May, the Bureau of Plant Industry (BPI) reported. April shipments fell 19.5% year on year to 416,026 MT. The US Department of Agriculture (USDA) projects Philippine rice imports of 3.9 million MT this year, downgrading its initial 4.1 million […]Read More
PHILIPPINE COAST GUARD FILE PHOTO By Kyle Aristophere T. Atienza Reporter and Kenneth Christiane L. Basilio THE PHILIPPINES said on Thursday that China’s threat to release recording of an alleged deal with Manila over Second Thomas Shoal is aimed at sowing discord among its agencies and the Filipino nation. Manila also called on diplomats to “strictly […]Read More
CAVITEX Infrastructure Corp. (CIC) filed charges against the interim chief of the Public Estates Authority Tollways Corporation (PEATC) before the Ombudsman, citing offenses such as perjury, usurpation, slander, and graft. The CIC, a unit of Pangilinan-led Metro Pacific Tollways Corp., filed the criminal charges on Wednesday against PEATC Officer-in-Charge Dioscoro E. Esteban, Jr., following his […]Read More
PHILSTAR FILE PHOTO PHILIPPINE advertising agencies and groups said on Thursday that the attempt to fully liberalize their sector through Charter change (“Cha-cha”) and open it to full foreign ownership could lead to market consolidation, potentially displacing local players and resulting in a loss of connection with Filipino audiences. Focus on the advertising came to […]Read More
By Chloe Mari A Hufana THE DEPARTMENT of Migrant Workers (DMW) and Overseas Workers Welfare Administration (OWWA) welcomed 60 overseas Filipino workers (OFWs) from Israel back home on Thursday. The DMW said this was the largest group of OFWs who availed themselves of the voluntary repatriation program after hostilities between Israel and militant group Hamas […]Read More
DFA FACEBOOK PAGE THE DEPARTMENT of Foreign Affairs (DFA) announced on Thursday a toughening up of its visa requirements for Chinese applicants, to include requirements such as a social security certificate. Speaking at a media briefing, DFA Undersecretary Jesus S. Domingo said apart from requiring proof of financial capacity, employment certificate, and bank statements, the […]Read More
THE GOVERNMENT seriously considers purging corrupt officials from the National Food Authority (NFA) apart from amending the Rice Tariffication Law to bring down the high retail prices of rice, a congressman said Thursday. “We should have an NFA leadership that is honest and competent so that it won’t be marred in anomalies,” Party-list Rep. Wilbert […]Read More
PRESIDENT Ferdinand R. Marcos, Jr.’s advisors from the private sector said on Thursday said that the administration, through its chief lawyer, will seek reconsideration of a recent appellate court ruling on genetically modified organisms (GMOs). “The Solicitor General has been instructed to seek clarification and reconsideration of the decision, emphasizing its limited scope and potential […]Read More
REUTERS PHILIPPINE SHARES plunged to the 6,500 level on Thursday as the country’s economic growth for the first quarter came below expectations. The bellwether Philippine Stock Exchange index (PSEi) dropped by 1.75% or 116.72 points to end at 6,542.46 on Thursday, while the broader all shares index retreated by 0.99% or 35.02 points to close […]Read More