Press Release - Poe on PUV coop loans
The travails of our transport drivers and operators continue despite the implementation of the PUV modernization program.
COST latest news
PSE developing derivatives market for FY26 launch
InsiderPH [link] reported that the PSE and the Taiwan Stock Exchange (TWSE) have signed a memorandum of understanding to develop a derivatives trading market. The agreement will allow the two parties to create a framework for how to proceed not only with the development of the actual infrastructure of the derivatives market but also with the regulations and best practices around its operation and governance. According to InsiderPH, the PSExTWSE deal is “part of [PSE President Ramon Monzon’s] initiative to launch derivatives on PSE by early 2026 if regulatory hurdles–primarily the issue of how to fairly tax derivatives–are satisfactorily addressed.”> What are derivatives? As the name suggests, they’re things that you can buy that derive their value from some other underlying asset.
DepEd to release P581 million for high school tablet computers
MANILA, Philippines — The Department of Education will release over P581 million to its regional offices to buy tablet computers for high school students enrolled outside the traditional basic education program.
P853M claim vs BCDA, Northrail dismissed
THE Commission on Audit has dismissed a compensation claim filed by DMCI Project Developers Inc. (DMCI-PDI) on Aug. 22, 2022 seeking payment of a P853.117-million judgment award against the Bases Conversion and Development Authority (BCDA) and North Luzon Railways Corp. (Northrail).
LTO: Over 700 breathalyzers from previous admin defective
MANILA, Philippines — The Land Transportation Office has inherited at least seven problems from the previous LTO administration after discovering 756 units of defective breathalyzers, LTO chief Vigor Mendoza II said over the weekend.
Cable bridge eyed along Halsema Highway in Benguet
LA TRINIDAD, Benguet — Following the roadcut on the Baguio - Bontoc Road along Pilando, Gambang, Bakun, Rep. Eric Yap (Benguet) is seeking funding of a bridge that would help ease travel to motorists traversing the area.
Fugitive outfit of the day: Fake or fortune
MANILA, Philippines — The STAR yesterday ran a blow-up photo on its front page of fugitive fashionista Alice Guo from her Facebook page on June 9, 2023 – but the arithmetic behind it is even more revealing.
Malixi narrowly misses cut after 74
MANILA, Philippines -- Rianne Malixi saw her promising start unravel as she faltered with a 74 in the second round of the Hanwha Classic in Gangwon-do, South Korea, ultimately missing the cut by a single stroke on Friday.