The Department of Environment and Natural Resources (DENR) on Monday canceled its agreement with the Socorro Bayanihan Services Inc. (SBSI) for violating the provisions of the tenurial instrument awarded in June 2004 covering 353 hectares of the Siargao Island Protected Landscape and Seascape (SIPLAS) in Surigao del Norte.
The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Monday held its benchmark interest rate, also known as target reverse repurchase (RRP) rate at 6.50 percent for the fourth time in a series, meeting market expectations.
Treasury bill and bond rates were higher at the double auction Monday, with higher inflation in March and a wide budget deficit in February dominating the news ahead the interest rate-setting meeting of the Bangko Sentral ng Pilipinas.
Fuse Lending, Inc. on Monday reported surpassing the P118 billion mark in life-to-date loans disbursed through GCash app as of the end of 2023, empowering nearly four million Filipinos.
Puerto Princesa City is positioning itself for sustained economic growth through major tourism, hospitality and property developments, as investors explore opportunities in Palawan’s expanding visitor economy.
Manulife Investments Philippines has broadened its investment offerings beyond real estate investment trusts (REITs), introducing a multi-asset fund that gives Filipino investors exposure to global infrastructure, natural resources and inflation-linked securities.
Prime Energy’s Malampaya Onshore Gas Plant (OGP) in Batangas has marked 25 years without a recordable safety incident involving harm to people or a significant process safety incident, underscoring the importance of operational discipline as the Philippines moves to expand indigenous natural gas production.
Filipino motorists appreciate the freedom to leave the house on a given morning without checking the last digit of the license plate. In Metro Manila, this can be worth a surprising amount of money. A day without number coding means another day of using the car, another day without arranging a ride, another day without pondering why a perfectly serviceable vehicle has to stay in the garage. So when a salesperson mentions that a particular electrified vehicle can be driven even on its coding day, a prospective buyer has incentive to sit up a little straighter.