Oil prices dip after 4-week climb
The various fuel retailers have reduced prices on petroleum products following four consecutive weeks of increases. Seaoil and Caltex lowered their prices by P0.50...
CebPac expands domestic routes from Iloilo hub
Cebu Pacific announced on Monday its plan to enhance inter-island connectivity by adding three new domestic routes from its Iloilo hub, set to launch...
Treasury bill yields rise at auction; total tenders reached P55.07 billion
Treasury bill yields were higher at Monday’s auction, reflecting the rise in secondary market rates as the central bank took a more measured policy...
Globe readies for Tropical Depression Kristine
As Tropical Depression Kristine approaches the Philippines, Globe Telecom is actively preparing to mitigate potential disruptions.
House QuadCom turns over to SolGen documents on POGO properties
The House Quad Committee turned over to the Office of the Solicitor General voluminous documents on sprawling properties in Pampanga acquired by Philippine Overseas Gaming Operations majority owned by Chinese nationals for proper disposition. QuadCom chairman and Surigao del Norte Rep. Ace Barbers said vast tracks of land acquired by illegal POGOs run by foreign nationals maybe subjected by the government for forfeiture proceedings since the Philippine Constitution only limits land ownership to Filipinos or companies that are at least 60 percent owned by Filipinos. Lands acquired by POGOs runs to thousands of hectares since only one POGO already hold 300 land titles.
