Category: General

Manila: Finance Secretary Ralph Recto recently met with senior officials of JP Morgan to explore potential areas of collaboration and initiatives in the Philippine capital market. The meeting took place at the Department of Finance (DOF) head office in Manila on November 18, as shared in a social media post by the department. According to Philippines News Agency, the discussions focused on JP Morgan’s ongoing operations in the Philippines, potential partnership avenues, and progress in including Philippine government-issued securities in the JP Morgan Bond Index. The DOF emphasized that such inclusion would enhance foreign investor access to peso-denominated government bonds,

Molo: At least 57 families were rendered homeless when a fire hit a residential area in Barangay San Pedro in Molo town on Thursday at noon. ‘The fire caused significant damage, with 46 houses destroyed and two partially damaged,’ Acting Mayor Jeffrey Ganzon said in a statement. According to Philippines News Agency, data from the City Social Welfare and Development (CSWDO) showed the affected families also included seven border families and two sharers, equivalent to 240 individuals. They are currently staying at Molo 1 Elementary School. Ganzon said they are preparing the necessary resources to support the fire victims. ‘We

Dagupan City: The permanent home for national artists Victorio Edades and Salvador Bernal’s works will not only bring pride and honor to Dagupeños but would also boost tourism and the creative industry in Pangasinan province. Groundbreaking of the PHP150-million museum was held last Nov. 15 in this city, with the first phase’s PHP50-million funding provided by the Office of Senator Pia Cayetano. According to Philippines News Agency, Edades was acclaimed as the ‘Father of Modern Philippine Painting’ and was proclaimed a national artist for painting in 1976. Bernal, on the other hand, was dubbed the ‘Father of Theater Design’ in

Manila: The local stock barometer closed in the red territory as profit-taking snapped its four-day win streak, while the peso slumped to a two-year low of 59 against the US dollar Thursday. The Philippine Stock Exchange index (PSEi) dropped by 1.61 percent to 6,863.01, while All Shares declined by 0.99 percent to 3,809.39. According to Philippines News Agency, Reginal Capital Development Corp. managing director Luis Limlingan stated, “Philippines shares finally succumbed to profit taking after successive sessions in the green.” He noted that local shares were sold on the news following reassurances from the Bangko Sentral ng Pilipinas (BSP). All

Talisay City: Stakeholders from various sectors signed a covenant of commitment to support the goals laid out in the ‘SecuRE Negros Energy Development Roadmap’ during the summit and forum held at Nature’s Village Hotel in Talisay City, Negros Occidental on Thursday. The signing, led by Governor Eugenio Jose Lacson and Vice Governor Jeffrey Ferrer, capped the presentation of the roadmap, outlining the province’s Energy Sector Development Strategy and Action Plan. According to Philippines News Agency, the initiative aims for Reliable, Renewable, Affordable, Available, Accessible, and Sustainable Energy for Occidental Negros by 2030 (RRAAASE-ON 2030). Governor Lacson expressed the significance of