What's News Post

*

BDO Unibank registers P13B net income in first half of 2017

In its disclosure with the Philippine Stock Exchange (PSE) Monday, the Banco de Oro Unibank Inc. (BDO) registered a P13.3-billion net income in the first half of 2017, much higher than the PHP11.7 billion in the same period in 2016. The leading unibank of the country traced the improvement of […]

Duterte wants Marawi conflict to end before his second SONA

Wanting to be at the Batasan Complex for his second State of the Nation Address free of the Marawi conflict baggage, President Duterte expressed his wishful command to end it sooner between 10 to 15 days. During his personal appearance gracing the 10th anniversary listing of the Phoenix Petroleum at […]

Jollibee will soon ‘invade’ Europe via Italy

Next year, Filipino expats in Europe will get to taste Philippine’s ‘home grown hamburger’ and related to go food stuff. This is because industry leader Jollibee Foods Corporation is set to make a European debut with the strong possibility in Italy. Italy is home and host to many expat Filipinos, […]

PAL soon to offer tri-class service on ASEAN flights

Driven by the ASEAN Open Skies framework, airlines in the region, are up to stiff competition between and among its operators. The new regime on the regional airline industry allows an ASEAN-based carrier unlimited fifth freedom rights to fly from one member country to any city in the region. A […]

Decline in PH export brings down total trade revenue in July 2016

MANILA, Sept 14 — The Philippine’s total merchandise trade declined as exports continue to slide in July 2016, given that global economic recovery remains slow, according to the National Economic and Development Authority (NEDA). This was revealed as the Philippine Statistics Authority reported total revenue from trade fell from US […]

Why ghost month ‘phenomenon’ plunges PH stocks

The ‘phenomenon’ is back. The (stock market) ghost month begins. The benchmark Philippine Stock Exchange index (PSEi) dived 149.34 points, or 1.86 percent to 7,888.44 from previous day’s 8,037.78 finish on Wednesday. Almost all counters suffered a massive decline, led by services and holding firms that plunged 2.85 percent and […]

This is how Casureco II electric bill looks like

Just looking into the details of a Casureco II power bill is a pain in the spine. Casureco II is the coop retailer of electricity covering the franchise area in the towns of Minalabac, Canaman, Tinambac, Siruma, Pili, Bombon, Magarao, Milaor, Calabanga and Naga City, all in the province of […]

EU Brexit agitates global, PH financial outlook

MANILA — It is not true that the “Brexit” will have no effect on the country as apologists project it to be. The local stock market tumbled anew on Tuesday, as investors pocketed gains after last week’s British exit, ‘Brexit,’ vote continued to agitate the global financial markets. The Philippine […]

No economy is an island, so will PH get hit by BREXIT?

Not yet in and yet, the choice technocrats of the incoming Duterte regime are quick to sound off that the European phenomenon called BREXIT, the departure of the United Kingdom (also known as Great Britain) from the European Union will have no effect on the local economy. While many countries […]

What's Rising

PH merchandise exports suffer marginal drop in January 2015

MANILA, March 12 — Philippine export of minerals and agro-based products registered strong growth in January 2015, but weaker demand in manufactures and lower sales from petroleum pulled down total exports, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported Tuesday that the country’s merchandise […]

*

Seaoil, Phoenix implements price hike of oil products

MANILA, March 31 — Just in the nick of time when the mass exodus and movement of people for the Holy Week and vacation, Phoenix Petroleum Philippines and Seaoil Philippines Inc. hikes pump prices of gasoline by P1.10 per liter and diesel by 60 centavos per liter on Tuesday. Phoenix […]

A Sweeping Look at Mining in the Philippines

The prevailing Philippine mining laws grant the Department of Environment and Natural Resources the sole authority to approve large-scale mining. Neither the provincial or local governments enjoy the same authority. At last, the powers that be in the government showed the true color of their skins.

**

Throwback

A Sweeping Look at Mining in the Philippines

The prevailing Philippine mining laws grant the Department of Environment and Natural Resources the sole authority to approve large-scale mining. Neither the provincial or local governments enjoy the same authority. At last, the powers that be in the government showed the true color of their skins.

*

Peso surges against US dollar on Wednesday

The Philippine peso surged against the US dollar on Wednesday on more negative economic data from the US as higher expectation for Fed rate delay. It ended the day at P46.14, or P0.33 better than the P46.47 in the previous trading. A trader partly attributed this to the widening of […]

PAL soon to offer tri-class service on ASEAN flights

Driven by the ASEAN Open Skies framework, airlines in the region, are up to stiff competition between and among its operators. The new regime on the regional airline industry allows an ASEAN-based carrier unlimited fifth freedom rights to fly from one member country to any city in the region. A […]

P-Noy sees greater prosperity in Philippine-Mexican ties

P-Noy sees greater prosperity in Philippine-Mexican ties Philippine President Benigno S. Aquino III said a broader cooperation between the country and Mexico could lead to greater prosperity. “It is about time for us to expand our ties beyond the realm of history,” Aquino said of recognizing the enduring friendship of […]

What will happen if Casureco II can not pay P120-M security deposit?

What will happen if Casureco II can not pay P120 million security deposit? This is not a time to speculate. Member- consumers of the electric cooperative very well know the dark consequence. There is the strong and certain possibility that three of the five power wholesale suppliers of the Camarines […]

*****