PHILIPPINES NEWS AGENCY

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The government plans to sell only half of the 2.9-hectare “Mile Long” property in Makati City and develop the rest to gain more from the property. The property was leased to Sunvar Realty Development Corp. of the Rufino-Prieto families, owner of the major daily Philippine Daily Inquirer (PDI), for 20…

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Generali Life Assurance Philippines, Inc. targets a 40-percent hike in gross premiums this year, to be driven by more tie-ups with business process outsourcing (BPO) companies and locators in economic zones. In a briefing Wednesday, Generali Philippines President and CEO Reynaldo Centeno declined to identify growth of their business in…

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The Komisyon sa Wikang Filipino (KWF), the government agency tasked to promote Philippine languages, is encouraging Filipinos to read the works of the late National Artist for Literature Lazaro Francisco, whose 120th birth anniversary the agency commemorated last Thursday. “His writings embody the spirit of nationalism,” award-winning writer and KWF…

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Remittances from Overseas Filipino Workers (OFWs) along with improving labor sector are seen to remain as the main drivers of Philippines’ consumer outlook. “The consumer outlook in the Philippines remains bright on the back of a strong economic performance and rapidly rising incomes, influenced by a tight labor market and…

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Environment group Philippine Coral Bleaching Watch is urging the public to report the condition of coral reefs in their areas. “We need everyone’s help on the matter,” said the group’s coordinator Miledel Quibilan, noting that the country’s reef area covers an about 26,000 square kilometers. Quibilan said the public can…

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LAOAG CITY: Effective next month, the “green fees” collected by the provincial government from tourists visiting the Kapurpurawan Rock Formation and Cape Bojeador lighthouse in Burgos, Ilocos Norte will be shared to the host municipality. Vice Gov. Eugenio Angelo Marcos Barba confirmed on Tuesday following the approval of an ordinance…

‘DU30’ MOBILE APP LAUNCHED

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DAVAO CITY: Communications Secretary Martin Andanar on Tuesday enjoined public information officers and communicators to join his office in waging war against disinformation and misinformation, as well as fake news. Andanar issued the challenge during the 1st National Information Convention (NIC), where he urged the delegates to go down to…

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Four rural banks have partnered with Union Bank for blockchain technology-reliant payment system and officials of the publicly-listed universal bank vows to be help the smaller banks become more efficient. In a briefing, UnionBank Senior Executive Vice President and chief Technology and Operations officer Henry Rhoel Aguda said they are…

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The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA) recorded slower growth in sales of automotive vehicles at the start of the year. A joint report of CAMPI and TMA on Monday showed vehicle sales last month grew 4 percent to 31,645 units from…

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The Securities and Exchange Commission (SEC) has warned the public against dealing with unregistered entities, wholly or partly owned by foreign nationals, engaging in retail trade. In an advisory issued Monday, the SEC said it has received numerous complaints or reports about the existence of these entities or those acting…

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