Indices Analysis

https://www.sws.org.ph/ Thirty-seven percent of Filipinos are optimistic that their lives will improve over the next 12 months, a non-commissioned survey shows. Of the 1,200 respondents in Social Weather Stations’ (SWS) June 23-26 poll, 37% percent saying their quality-of-life will improve (termed by SWS as “Optimists”), while 7% said it will …

PHILIPPINE STAR/ MICHAEL VARCAS President Rodrigo R. Duterte on Friday approved the recommendation of his pandemic task force to enforce stricter quarantine rules in Manila, the capital, and nearby cities amid the threat of the more contagious coronavirus variant that is ravaging Southeast Asian countries, according to the presidential palace. …

Philippine-based companies that offer online gambling services to offshore markets, such as China, fueled office market growth in the country last year. — REUTERS The House of Representatives will adopt the Senate’s version of the proposed measure taxing Philippine Offshore Gaming Operators (POGO), a key lawmaker said on Friday. “The …

Northgate Cyberzone in Filinvest City is an 18.7-hectare PEZA-registered business park catering to mostly business process outsourcing companies. — Company handout Filinvest REIT, Corp. (FILREIT) started the offer period for its P12.6-billion initial public offering (IPO) on Friday, after receiving a permit to sell from the Securities and Exchange Commission. …

Fresh lockdowns and restrictions in Asia brought on by the faster-spreading delta coronavirus variant are making the region’s pursuit of travel bubbles look like an increasingly fruitless endeavor. Air-travel bubbles, corridors that allow movement between countries without the need for quarantine, have largely been a letdown as nations pull up …

Moody’s Investors Service lowered its Philippine growth forecast this year to 5.8% from the 7% it gave in January. — Photo by Michael Varcas, The Philippine Star The Philippines may face “deep scarring” or long-lasting economic losses due to the prolonged pandemic, Moody’s Investors Service said on Friday. “Many have …

The President’s security force said on Friday that it is all set to handle the last State the Nation Address (SONA) of President Rodrigo R. Duterte, saying stricter rules would be enforced during the annual activity. The Presidential Security Guard (PSG) said that it had created a task force as …

Five people who are believed to be involved in a scam that milked millions of pesos from its victims, were arrested in an entrapment operation in Quezon City on July 21. The operation was jointly launched by the National Bureau of Investigation (NBI), the Securities and Exchange Commission (SEC), and …

https://1sambayan.org/ Opposition coalition 1Sambayan on Friday said it may only name its official candidates for next year’s elections by late September, saying the party is still focused on its expansion activities. More than three months since it was launched, the coalition is “still in the process of accepting nominations,” retired …

Energy Secretary Alfonso G. Cusi — PHILSTAR Six electricity consumers on Friday filed a complaint with the Ombudsman against Department of Energy (DoE) Secretary Alfonso G. Cusi, alleging that the government official has neglected his duties. “In his five years in office, Respondent Cusi has not issued a single policy …