Tag: news

United States provides additional P196 Million in humanitarian assistance for Philippine typhoon response

MANILA | November 14, 2024—The United States government, through the U.S. Agency for International Development (USAID), is providing an additional Php196 million ($3.5 million) to support the Philippine government’s response to Tropical Storm Kristine, known internationally as Tropical Storm Trami. Through this assistance, USAID will support logistics and provide clean water, sanitation, shelter, and cash… Read More United States provides additional P196 Million in humanitarian assistance for Philippine typhoon response

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Gov’t unmoved by China’s objection to PH‘s new maritime laws

MANILA | November 14, 2024 — The Philippines stays firm in its position on the country’s sovereignty in the West Philippine Sea (WPS) despite China’s objection to the passage of the new maritime and archipelagic sea lane laws, President Ferdinand R. Marcos Jr. said on Thursday, Nov. 14. President Marcos made the remarks when asked… Read More Gov’t unmoved by China’s objection to PH‘s new maritime laws

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PLDT, Smart Kids Learning Caravan empower Visayas vs OSAEC

PLDT Inc. and its wireless unit Smart Communications, Inc. (Smart) bolster their child online protection initiatives in Visayas by conducting the “Better Today for Kids: Bata, Bata Kami ang Iyong Kasangga” learning caravan, in the municipalities of Daanbantayan in Cebu and Miagao in Iloilo. Launched in August 2024, the Learning Caravan seeks to raise awareness… Read More PLDT, Smart Kids Learning Caravan empower Visayas vs OSAEC

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Cebu Pacific 9-month revenues reach P74.5 billion

CEBU Air Inc. (PSE: CEB) reported total revenue of P74.5 billion for the nine months ending September 2024, an 11% increase compared to the same period last year. This growth was driven by 17.5 million passengers flown, a 13% increase year on year, generating an average seat load factor of 84.9%. CEB’s operating income for… Read More Cebu Pacific 9-month revenues reach P74.5 billion

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Maritime laws vital to protect PH waters – PBBM

By Ruth Abbey Gita-Carlos | November 12, 2024 MANILA – The new maritime laws will help the Philippines in protecting its territory by making a clear delineation of its territorial waters, President Ferdinand R. Marcos said Monday. “Marami tayong sinasabi (We are saying) that we have to protect our sovereign rights and our sovereignty. So, it… Read More Maritime laws vital to protect PH waters – PBBM

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New maritime, sea lanes laws to secure PH waters, marine resources

MANILA | November 12, 2024– Senator Loren Legarda on Monday lauded the Philippine Maritime Zones Act (Republic Act 12064) and the Philippine Archipelagic Sea Lanes Act (RA 12065) for their complementary roles in protecting the country’s marine resources. Legarda said the two laws shall work in tandem to reinforce the Philippines’ maritime sovereignty and security. “I… Read More New maritime, sea lanes laws to secure PH waters, marine resources

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No need to pass law to ban POGOs, offshore games: PBBM

By Ruth Abbey Gita-Carlos | November 12, 2024 MANILA – There is no need to pass a law prohibiting the Philippine offshore gaming, internet gaming, and other offshore gaming operations in the country, President Ferdinand R. Marcos Jr. said Monday. Speaking to reporters on the sidelines of an event in Parañaque City, Marcos said the issuance… Read More No need to pass law to ban POGOs, offshore games: PBBM

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PBBM inks CREATE MORE bill into law to spur more investments

By Ruth Abbey Gita-Carlos | November 11, 2024 MANILA – President Ferdinand R. Marcos Jr. on Monday signed the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act to promote the Philippines as a prime investment destination. CREATE MORE Act or Republic Act (RA) 12066, signed by Marcos… Read More PBBM inks CREATE MORE bill into law to spur more investments

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GuanDian honors SM Supermalls President Steven Tan with top real estate award

SM Supermalls President Steven Tan has made waves in the international business scene by being honored by GuanDian, the leading supplier of industry information and data in China, with the “Award for Most Prominent Commercial Real Estate Contributor of the Year” at the 2024 GuanDian Commercial Annual Meeting’s “Performance Index: 2024 Commercial Real Estate (CRE)… Read More GuanDian honors SM Supermalls President Steven Tan with top real estate award

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2 Chinese vessels run aground in Ilocos Norte due to ‘Marce’

By Leilanie Adriano | November 8, 2024 LAOAG CITY – Authorities are monitoring oil leaks from two foreign vessels that ran aground in the Currimao shoreline early Friday because of strong waves and wind brought by Typhoon Marce (international name Yinxing) MV Aries 1 and LCT PanPhil 8 were anchored at the Currimao port but were… Read More 2 Chinese vessels run aground in Ilocos Norte due to ‘Marce’

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