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MB closes Bulacan-based Emerald Rural Bank; PDIC to pay all valid insured deposit claims  

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THE Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) prohibited Emerald Rural Bank, Inc. from doing business in the Philippines through MB...
Breaking News

NBI-Batangas seizes P480K worth of smuggled cigarettes

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CITY OF STO. TOMAS, Batangas – TWO persons were arrested and 20 master cases of smuggled cigarettes were confiscated in an entrapment operation of...
Breaking News

DOF’s order to curb smuggling, misdeclaration of imported items

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THE Department of Finance (DOF) has issued the Joint Administrative Order (JAO) aimed to curb smuggling, misdeclaration, and undervaluation by simplifying customs procedures and...
Breaking News

NGCP is a Filipino corporation, and we run the company as Filipinos -Henry Sy Jr.

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An NGCP top official maintained that the company is a Filipino corporation and run by Filipinos, allaying concerns about China role in the operation...
Breaking News

Transco admits backlogs on right of way cases

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THE National Transmission Commission admitted delays in the Right of Way cases including projects which goes beyond their existence and those that are related...
Breaking News

Aboitiz unit sets the benchmark as the first to Achieve 5-Star BERDE Certification across its entire operating portfolio

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LAPU-LAPU City, Cebu — Aboitiz InfraCapital Economic Estates has reached a significant milestone, becoming the first in the Philippines to achieve 5-Star BERDE District Certification across...
Business

NGCP not solely to blame for project delays, DOE admits

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THE Department of Energy (DOE) has admitted that NGCP is not solely responsible for delays in various transmission projects. Energy Undersecretary Sharon Garin explained that...
Breaking News

LIMA Estate’s role in Batangas’ economic growth showcased during USAID visit

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Lipa-Malvar, Batangas – The United States Agency for International Development (USAID) recently visited LIMA Estate in Lipa-Malvar, Batangas, to explore its vital role in driving...
Business

PH economy on track to achieve upper middle-income status

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THE Philippines is set to achieve upper middle-income status if it can sustain its growth trajectory and meet key targets through strategic investments, policy...
Business

First Gen gets go signal to operate Batangas LNG terminal for 25 years

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BATANGAS City -- A unit of power producer First Gen has received a 25-year permit to operate and maintain its Batangas liquefied natural gas...
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