Press Release - Tolentino: Senate probe on M/T Terranova oil spill set on August 13
"The Senate inquiry on the massive oil spill caused by the ill-fated M/T Terranova will push through on August 13."
Metro latest news
OCTA poll finds fewer ‘pro-Duterte’ among Pinoys
MANILA, Philippines — Support for the family of former president Rodrigo Duterte appears to have waned in the latest survey conducted by the OCTA Research group.
Rains to continue over Metro Manila; FDA issues warning on medicines
MANILA, Philippines — The southwest monsoon enhanced by several low-pressure areas (LPA) will continue to bring rains over Metro Manila and parts of the country today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA).
LTO: No crackdown yet on light e-vehicles
MANILA, Philippines — There will be no crackdown yet on light electric vehicles as the Land Transportation Office (LTO) continues its information dissemination on the registration of LEVs.
30,000 Angkas riders will now get SSS coverage
MANILA, Philippines – Motorcycle taxi app Angkas is giving 30,000 bikers across Metro Manila, Metro Cebu, and Cagayan de Oro City access to social security benefits.
Metro Global parent pays down debts with shares to avoid delisting
Metro Global Holdings [MGH suspended] [link] has avoided being automatically delisted by the PSE for its persistent violation of the exchange’s minimum public ownership rule. MGH had until Monday morning to raise its public float to at least 10% to avoid triggering the PSE’s automatic delisting process. It appears as though MGH brought itself into compliance with the rule by assigning 55 million shares of MGH to “a third party investor”, Smart Share Investments Limited (SSIL), which the companies considered as partial payment of a debt owed by Fil-Estate Management (FEM), MGH’s parent company, to SSIL. The transaction raised MGH’s public float to 10.67%, which is above the PSE’s 10% minimum. The PSE indicated that MGH will no longer be automatically delisted, however, it is still suspended, as it has been for nearly two decades, for its reporting failures.
30K 'Angkas' riders to get SSS coverage
MORE than 30,000 ride-hailing motorcycle riders in at least three urban areas in the Philippines will soon be covered by the Social Security System (SSS) benefits and insurance protection.
PRA: 2 reclamation projects in Manila Bay OK’d
MANILA, Philippines — Two of 13 reclamation projects in Manila Bay have been allowed to proceed by the Philippine Reclamation Authority (PRA).