BW FILE PHOTO THE BANGKO SENTRAL ng Pilipinas (BSP) is open to granting state-run Development Bank of the Philippines (DBP) further regulatory relief if they are able to “strongly” justify the need for it. “Of course, they have to justify. We need to see and assess, is it reasonable? So, the justification, we have to […]
FRUITASHOLDINGS.COM FRUITAS HOLDINGS, Inc. board has approved a share buyback program of up to P100 million to boost shareholder value, the company announced on Tuesday. The proposed creation and implementation of the share buyback program for the company’s common shares secured board approval on Feb. 3, Fruitas said in a regulatory filing on Tuesday. “The […]
PIECES of the 7,642nd Island installation by Kulay Labitigan MODERNIST PAINTER Nena Saguil was a Filipino pioneer of abstract art. But aside from the impact of her cosmic paintings and ink drawings, there is a side of her not many know — that she was a woman of the Filipino diaspora. From the age of […]
AXA PHILIPPINES Life and General Insurance Corp. has launched a life insurance product that covers more than 150 critical illnesses and allows up to nine claims. Health Max Elite covers 150 critical illnesses, including 77 major and 73 minor conditions, the insurer said. “All critical illness or most critical illness insurance products allow you to […]
PRYCE CORP. reported a 30.34% increase in net income for 2024, primarily driven by improved margins in its liquefied petroleum gas (LPG) products, with notable growth in the Luzon market. The company’s net income stood at P3.07 billion, up from P2.36 billion in 2023, it said in a media release on Tuesday. Pryce said that […]
DR. EDWIN M. MERCADO — PCO.GOV.PH By John Victor D. Ordoñez and Chloe Mari A. Hufana, Reporters PHILIPPINE President Ferdinand R. Marcos, Jr. has named a US-trained orthopedic surgeon as the president and chief executive officer (CEO) of Philippine Health Insurance Corp. (PhilHealth), according to the Presidential Communications Office (PCO). In a statement, the PCO […]
PHILSTAR FILE PHOTO By Kenneth Christiane L. Basilio, Reporter THE PHILIPPINES could benefit from US President Donald J. Trump’s trade policies, including his push to revitalize Washington’s shipbuilding industries and improve gas exportation reach, according to the US-based Heritage Foundation. The US could partner with other countries including the Southeast Asian nation to help decouple […]
FREEPIK PHILIPPINE lawmakers should consider crafting laws that would penalize public relations and advertising agencies engaged in peddling disinformation, rather than individuals engaged in troll farms, expertssaid on Tuesday. “[We should] penalize masterminds, especially black PR (public relations) firms engaged in disinformation. There has to be a way to penalize the masterminds rather than individual […]
MERALCO.COM.PH THE House of Representatives on Tuesday evening adopted the Senate’s changes to a bill, extending Manila Electric Co.’s (Meralco) franchise for another 25 years, allowing the chamber to send it straight to Malacaсang for President Ferdinand R. Marcos, Jr.’s signature. Senators on Monday approved on final reading House Bill No. 10926, which seeks to […]
PHOTO BY MIKE GONZALEZ THE Supreme Court (SC) on Tuesday ordered the Philippine government to comment on a lawsuit filed by a former presidential spokesman challenging the 2025 national budget. The high court en banc directed both houses of Congress and Executive Secretary Lucas P. Bersamin to comment on the petition filed by Victor D. […]