News & Current Events

Shell plans to open up to 70 service stations in 2017
December 22, 2016

Shell plans to open up to 70 service stations in 2017

Pilipinas Shell Petroleum Corporation, one of the leading oil refining and marketing businesses in the Philippines, plans to build around 50 to 70 service stations in 2017.
President Duterte is ‘Most Googled Person in the Philippines’ this 2016
December 23, 2016

President Duterte is ‘Most Googled Person in the Philippines’ this 2016

President Rodrigo Duterte is the ‘Most Googled Person’ in the Philippines for 2016, according to the list released by American newsweekly magazine TIME magazine.
Smart, Nokia collaborate to make PH 5G-ready by 2020
December 22, 2016

Smart, Nokia collaborate to make PH 5G-ready by 2020

SMART Communications Inc. and Nokia collaborate for joint research and development to bring 5G-ready capabilities in the Philippines by 2020.
PH to experience a rainy Christmas
December 22, 2016

PH to experience a rainy Christmas

The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) announced on Wednesday that Filipinos might have a rainy Christmas day as the low pressure area that formed on Thursday might turn into a tropical depression over the weekend.
ADVISORY: Route and Road Closures for MMFF Parade of Stars
December 22, 2016

ADVISORY: Route and Road Closures for MMFF Parade of Stars

This year's Parade of Star's, happening on December 23, will be using a different route; instead of following the Roxas Boulevard route, the parade will be starting at the Manila City Hall and ending at Plaza Miranda in Quiapo.
ADVISORY: Expect heavier traffic as MMDA lifts number-coding for Dec. 23
December 22, 2016

ADVISORY: Expect heavier traffic as MMDA lifts number-coding for Dec. 23

Expect a higher volume of traffic tomorrow, December 23, as MMDA’s Unified Vehicular Volume Reduction Program (UVVRP), commonly referred to as the number coding scheme, will be lifted to make way for Filipinos making their way to the provinces for Christmas.
Teresita Sy-Coson of SM Group receives ‘Management Man of the Year 2016’ award
December 22, 2016

Teresita Sy-Coson of SM Group receives ‘Management Man of the Year 2016’ award

The Management Association of the Philippines (M.A.P.) awarded Teresita Sy-Coson of SM Group of Companies as the “Management Man of the Year” this 2016.
PH ranks 3rd among microfinance leaders
December 22, 2016

PH ranks 3rd among microfinance leaders

The Philippines ranked third among 55 countries in terms of opportunities for financial inclusion.
PH banks are stable for 2017 — Fitch
December 20, 2016

PH banks are stable for 2017 — Fitch

Fitch Ratings, a credit rating agency, said that the outlook on most Philippine banks for 2017 is stable and will not be upgraded over the next few years since they have already undergone upgrades this year.
Asian Infrastructure Investment Bank to co-fund 2 Philippine Infrastructure Projects
December 20, 2016

Asian Infrastructure Investment Bank to co-fund 2 Philippine Infrastructure Projects

According to the Department of Finance, the Asian Infrastructure Investment Bank will co-finance its first two projects, which is the EDSA Bus Rapid Transit System and the Metro Manila Flood Management Project. Daily EDSA traffic. Image from Rappler The Department of Finance earlier said that both projects are most prepared in terms of government approvals and feasibility studies. “We are all very eager to finalize the infrastructure projects in your country … This time, we are very happy we can really talk about something to do in your country,” says AIIB President Jin Liqun. He has expressed enthusiasm in finalizing Philippine infrastructure projects for financing by this China-led multilateral lender after […]
NAIA Expressway Christmas Lane now open to motorists
December 21, 2016

NAIA Expressway Christmas Lane now open to motorists

A segment of the Ninoy Aquino International Airport Expressway (NAIAX) that connects Entertainment City in Parañaque and Diosdado Macapagal Boulevard in Pasay City to NAIA Terminal 3 and Skyway is now operational.
DOST: Longest night of the year to happen on Dec. 22
December 20, 2016

DOST: Longest night of the year to happen on Dec. 22

The country will have its longest night of the year this Thursday, December 22 as the Sun reaches its winter solstice according to Philippine Atmospheric, Geophysical & Astronomical Services Association (PAGASA).
SM City Tianjin now open in China
December 21, 2016

SM City Tianjin now open in China

Mall giant SM Prime Holdings has recently opened its 7th mall in China called SM City Tianjin.
LTO releases 700k driver’s license cards
December 20, 2016

LTO releases 700k driver’s license cards

Metro Manila drivers finally have something to be happy about, as the Land Transportation Office (LTO) started releasing 700,000 plastic license cards on Monday, December 18 in 36 licensing offices across Metro Manila.
Ayala, 3 foreign firms partners for NAIA upgrade
December 19, 2016

Ayala, 3 foreign firms partners for NAIA upgrade

Ayala Group has partnered with 3 foreign firms in preparation for its bid for P74.6 billion upgrade of Ninoy Aquino International Airport under the public-private partnership
Romulo Café in London is 2016’s ‘Most Loved’ Restaurant’
December 19, 2016

Romulo Café in London is 2016’s ‘Most Loved’ Restaurant’

Filipino restaurant Romulo Café in London has been hailed by Time Out Love London Award in its third annual awards as the “Most Loved Restaurant in Kensington” in the United Kingdom.
Philippine Retirement Authority (PRA) appoints New General Manager/CEO
January 10, 2017

Philippine Retirement Authority (PRA) appoints New General Manager/CEO

Makati City – Attorney Bienvenido K. Chy joined the Philippine Retirement Authority (PRA) as General Manager/CEO effective November 4, 2016. Prior to assuming his new post, Atty. Chy was the Chief of Law and Investigation Division of the Bureau of Immigration. He is a graduate of San Beda College of Law Class ’72.  General Manager/CEO Bienvenido Chy giving his welcome speech at the PRA Yuletide Celebration last December 16 As the General Manager of PRA, Atty. Bienvenido’s plans and programs will be in line with the Philippine President Rodrigo Duterte’s directives. GM Chy aims to streamline the processing time of special resident retiree’s visa (SRRV) applications as well the reduction of […]
MMDA gets DILG support vs illegal parking, seeks to privatize towing ops
December 19, 2016

MMDA gets DILG support vs illegal parking, seeks to privatize towing ops

The Metropolitan Manila Development Authority (MMDA) may be closing in on solving Metro Manila’s illegal parking woes with the support of the Department of Interior and Local Government (DILG), as well as privatizing their towing operations in January 2017.
BSP to release banknotes signed by PRRD
December 19, 2016

BSP to release banknotes signed by PRRD

Welcome Christmas with “changed bills” as the Bangko Sentral ng Pilipinas (BSP) is set to release banknote bearing the signatures of President Rodrigo Roa Duterte and BSP Governor Amando M. Tetangco, Jr. this week.
Miss Puerto Rico is Miss World 2016!
December 19, 2016

Miss Puerto Rico is Miss World 2016!

Puerto Rico’s Stephanie del Valle is crowned Miss World 2016 in the coronation night held on Sunday, December 18. Filipino pride Catriona Gray was also among the top 5 candidates, winning one of the pre-pageant awards in Multimedia.