Congress commits to pass 10 priority bills by June 2

TEN priority bills were adopted for passage by June 2 this year during the first Executive Committee Meeting of the Legislative-Executive Development Advisory Council (Ledac) in Malacañang on Monday, Feb. 13, 2023. The Ledac serves as a consultative and advisory body to President Ferdinand Marcos Jr., chairman of the National Economic and Development Authority Board, […]

Briones: Mindless idiots

The Department of Health (DOH) needs to move on. It no longer takes center stage in local affairs.I get it.The agency has been in the limelight ever since the coronavirus disease 2019 (Covid-19) arrived in the Philippines in January 2020. It probably thinks the pandemic show will run forever.But, as you all know, everything must […]

Sarawak Consolidated Industries Berhad Posts RM26.2 Million Revenue in 4Q

KUCHING, MALAYSIA, Aug 26, 2022 – (ACN Newswire via – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company recorded revenue of RM26.2 million for the fourth quarter ended 30 June 2022 mainly due to higher sales volume of foundation piles from the manufacturing division. Group Managing Director and Chief […]

Mazda Production and Sales Results for June 2022 and for January through June 2022

HIROSHIMA, Japan, Jul 29, 2022 – (JCN Newswire via – Mazda Motor Corporation’s production and sales results for June 2022 and for January through June 2022 are summarized below. I. Production 1. Domestic Production(1) June 2022Mazda’s domestic production volume in June 2022 increased 1.3% year on year due to increased production of passenger vehicles. […]

Expand PH capital market through digitalization, SEC told

FINANCE Secretary Benjamin Diokno urged the Securities and Exchange Commission (SEC) to continue expanding the country’s capital market through digitalization to support economic growth.“My marching order to you now is to make the Philippine capital market more broad-based and inclusive through digitalization and strengthened corporate governance,” said Diokno in a statement.The finance chief commended the […]

PHL vehicle sales accelerate in June

VEHICLE SALES in the Philippines accelerated by 27% in June, driven by increased demand for commercial vehicles. A joint report from the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association, Inc. (TMA) showed total vehicle sales reached 28,601 units in June, up by 26.8% from 22,550 units sold in the […]

BSP may consider bigger rate hikes

THE Philippine central bank would consider bigger key rate increases to support the peso and amid faster inflation, according to its new chief. “The key really is what’s the momentum of inflation,” Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla told reporters on Wednesday night. Still, he expects consumer spending to boost economic growth […]

Asia’s factories feeble despite China bounce, feeds global recession fears

TOKYO — Asia’s manufacturing activity stalled in June as many companies were hit by supply disruptions caused by China’s strict coronavirus disease 2019 (COVID-19) lockdowns, while sharp economic slowdown risks in Europe and the United States reinforced fears of a global recession.  A string of surveys on Friday showed China’s factory activity bouncing solidly in […]

Seares: Why ex-‘usec’ Josephus Gimenez declined Mayor Rama’s job offer: ‘We don’t support the same president.’ People expect more from a garbage czar.

‘WITH RESPECT & POLITELY.’ A May 27, 2022 message of Atty. Josephus B. Gimenez to his companera and friend, retired Court of Appeals associate justice Portia Alino-Hormachuelos, was posted on Facebook thus: “With due respect & politely, I declined an offer to work in government again. I opted to serve the people through an NGO […]