TOP STORIES _____________________________________________________________________________ Naked State Lawmakers – Sure, Why Not? According to AOC, the Debate Confirms Trump’s Racism. What?Suspect Nailed for Attempt on Sherriff Deputies LivesVideo of Biden Wearing a Wire at the Debate? The media tripped all over themselves trying to convince the American public that Trump won’t condemn …
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THE bill granting a 50-year franchise to the San Miguel Aerocity, Inc. has been endorsed for plenary deliberation in the Senate on Tuesday. The Senate Committee on Public Service adopted House Bill No. 7507, allowing the San Miguel Aerocity to construct, develop, establish, operate, and maintain the Bulacan airport and …
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YUCHENGCO-LED PetroEnergy Resources Corp. suffered a delay in the construction of its latest wind project in Aklan because of the global coronavirus pandemic, though it is committed to meet its target commercial run. PetroWind Energy Inc., a joint venture of the company’s renewables arm PetroGreen Energy Corp., Thai firm BCPG …
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Regulator says order gives customers ample time to pay water bills that fell due from Aug. 4 to 18. — PHILSTAR/MICHAEL VARCAS By Revin Mikhael D. Ochave, Reporter THE regulatory office of the Metropolitan Waterworks and Sewerage System (MWSS) has directed Maynilad Water Services, Inc. and Manila Water Co., Inc. …
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THE Securities and Exchange Commission (SEC) has ordered the closure of Forsage and Forsage Philippines for activities involving the illegal solicitation of investments. In a statement Wednesday, the corporate regulator said it issued a cease-and-desist order to Forsage on Sept. 17, ordering it to stop selling securities to the public …
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A vendor wearing a protective mask arranges vegetables at a stall at Quiapo Market in Manila, July 27, 2020. — GERIC CRUZ/BLOOMBERG HEADLINE INFLATION in September likely settled between 1.8% and 2.6% due to the lower prices of basic goods and the continued appreciation of the peso, Bangko Sentral ng …
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A customer walks through the Venice Grand Canal Mall operated by Megaworld Corp. in Taguig City, on June 22. — VEEJAY VILLAFRANCA/BLOOMBERG By Luz Wendy T. Noble, Reporter THE asset quality of local banks is expected to deteriorate in the coming months, as the consumers and small businesses struggle during …
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COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. By Denise A. Valdez, Senior Reporter PHILIPPINE SHARES are expected to return to the 6,000 level in the fourth quarter, but will continue moving within a tight range unless the third-quarter gross domestic product (GDP) results surprise the market. As 2020 heads to its …
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THE National Government’s (NG) outstanding debt reached P9.615 trillion as of end-August, as it continues to borrow to fund the fight against the coronavirus disease 2019 (COVID-19). In a report released on Wednesday, the Bureau of the Treasury (BTr) said outstanding debt rose 5% to P9.615 trillion from P9.16 trillion …
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Benjamin Diokno, governor of the Bangko Sentral ng Pilipinas, said the National Government is seeking another provisional advance of P540 billion. Photo taken on Feb. 5. — GERIC CRUZ/BLOOMBERG THE National Government (NG) is asking the Bangko Sentral ng Pilipinas (BSP) for P540 billion in additional financial assistance to help …
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