Hefty oil price hike set Feb. 20

Big-time oil price hikes will greet consumers on Tuesday morning as companies will increase pump prices by more than PHP1 per liter.

In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, PTT, Seaoil and Shell said they will hike gasoline pri…

Himamaylan City develops housing project for gov’t employees

The City of Himamaylan in Negros Occidental has proposed a collaboration with National Home Mortgage Finance Corp. (NHMFC) to finance the ongoing development of housing units for government employees in Barangay 3 Poblacion.

Mayor Rogelio Raymund To…

Increased degassing observed in Taal Volcano

MANILA: The Philippine Institute of Volcanology and Seismology (Phivolcs) said 14,211 tons of sulfur dioxide (S02) emission was observed from the Taal Volcano Main Crater on Monday.

This is the second highest S02 flux recorded this year, and Taal Vol…

Davao Oro landslide death toll at 98, 8 missing

DAVAO CITY: The death toll of the Barangay Masara landslide in Maco, Davao de Oro has reached 98, while eight persons remain missing.

In a Facebook post on Monday, the Maco municipal government said the retrieved bodies were the result of continuing …

Extended profit-taking pulls PSEi down to 6,700-mark, peso weak

MANILA: Investors extended their profit-taking for the second trading day dropping shares to 6,700-level, while the peso closed weaker on Monday.

The Philippine Stock Exchange index (PSEi) shed 74.62 points to 6,798.61, and All Shares declined by 35….

GSIS to boost alternative investments as revenue soars in 2023

MANILA: The Government Service Insurance System (GSIS) is committed to further increase its revenue by investing on private equity (PE) and real estate.

This, after the state pension fund announced to have generated a 33 percent increase in revenues …

Sandiganbayan OKs ex-LTFRB exec’s bid for ‘particulars’ in graft raps

MANILA: The Sandiganbayan has granted a motion for bill of particulars filed by former Land Transportation Franchising and Regulatory Board (LTFRB) executive director Samuel Jardin, in connection with the graft complaint against him arising from alleg…