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May 09, 2024

Phi returns to int’l dollar bond market

The Philippines has returned to the international bond market via a dual-tranche US dollar-denominated bond offering, seeking financial support for the state's budgetary needs.

1 min

Stonebridge acquires P500 M shares in RCI

Stonebridge Corp. has purchased 250 million shares or approximately nine percent of Roxas and Co. Inc. (RCI) for P500 million.

1 min

PLDT takes out P4-B green loan for expansion

Telco leader PLDT Inc. has doubled down on its strategy to acquire sustainable loans as it took out P4 billion in green financing from Metropolitan Bank and Trust Co. to fund its network expansion.

1 min

Inflation up slightly, but still within target

April’s 3.8% print beats most forecasts

4 mins

LAST SHOT AT LAST 8

B-PIER, DYIP IN KO SETTO

1 min

Israel captures Gaza side of Rafah crossing

CAIRO (AP) – An Israeli tank brigade seized control yesterday of the Gaza Strip side of the Rafah border crossing with Egypt as Israel moved forward with an offensive in the southern city even as ceasefi re negotiations with Hamas remain on a knife’s edge.

1 min

House bill seeks to postpone BSKE anew

A bill seeking to postpone the barangay and Sangguniang Kabataan elections (BSKE) scheduled on Dec. 1 next year has been filed before the House of Representatives.

1 min

Abu Sayyaf bandit gets 4 years for financing terrorism

A Zamboanga court has convicted a member of the Abu Sayyaf for three counts of financing terrorism.

1 min

BuCor defends Bilibid strip search

The Bureau of Corrections defended yesterday strip searches conducted by BuCor jail guards on the wives of political prisoners during their visit to the New Bilibid Prison (NBP) in Muntinlupa.

1 min

MMC eyes adjusting mall hours to ease Metro traffic

With the scheduled rehabilitation of bridges and flyovers along EDSA and other major thoroughfares, a proposal to adjust mall hours is being studied by the Metro Manila Council (MMC) to help ease traffic congestion in the National Capital Region.

1 min

DENR eyes seawater desalination to supply small island barangays

The Department of Environment and Natural Resources (DENR) is eyeing desalination or the conversion of seawater into freshwater to provide drinking water to small island barangays in the country as part of the government’s efforts to address freshwater inaccessibility to some 40 million Filipinos.

2 mins

House panel OKs rice tariffication amendments

A day after President Marcos certified as urgent the proposed amendments to the Rice Tariffication Law (RTL), a House committee approved yesterday a bill amending the measure.

3 mins

Marcos hopes for PhiI-EU FTA by 2027

President Marcos is hoping to conclude negotiations for a free trade agreement (FTA) between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU.

2 mins

Balikatan drills staged near strategic channel off southern Taiwan

ITBAYAT US Marines and their Filipino counterparts darted out of Black Hawk helicopters during combat drills Monday in the Philippines' northernmost island town along the strategic Bashi Channel off southern Taiwan - a flashpoint in the military rivalry between Washington and Beijing.

2 mins

Maricel Soriano denies drug links, knowledge of PDEA documents

Actress Maricel Soriano has denied any knowledge of the supposedly leaked Philippine Drug Enforcement Agency (PDEA) documents linking her and President Marcos to illegal drugs.

3 mins

Health workers march for higher wages

Health workers from public and private hospitals held a nationwide protest yesterday, Health Workers’ Day, urging the government to address issues affecting the health sector.

2 mins

DFA: No Cabinet exec OK'd China proposal

As Beijing continues to cite Philippine officials who supposedly agreed or were privy to its secret deal with Manila on Ayungin Shoal, the Department of Foreign Affairs (DFA) made it clear yesterday that no Cabinet-level official had approved any Chinese proposal.

3 mins

DOH to schools: Defer field trips, sport activities

Field trips and outdoor activities for students should be canceled in areas experiencing heat index under the extreme danger category, the Department of Health (DOH) advised education stakeholders yesterday.

3 mins

Comelec eyes early voting to combat heat

To protect voters from the scorching heat, the Commission on Elections (Comelec) is looking to adopt early voting and mall voting during next year’s midterm elections.

1 min

Chinabank profit jumps 18% to P5.9 B

The earnings of China Banking Corp. (China Bank) grew by 18 percent to P5.9 billion in the first quarter from P5 billion in the same period a year ago, driven by sustained expansion of its core business.

1 min

Grab calls for localization of traffic plans

Ride-hailing giant Grab Philippines is pushing for a localized approach in addressing the traffic crisis in the country, warning that a one-size-fits-all program may worsen the situation.

1 min

Foreign operations carry ICTSI back to growth mode

International Container Terminal Services Inc. (ICTSI) of tycoon Enrique Razon Jr. shipped itself back to expansion mode, as profit rose by 36 percent in the first quarter of the year.

1 min

Biggest stand-alone MerryMart store opening in July

Tycoon Edgar \"Injap\" Sia II's Merry Mart targets to open its largest stand-alone full-sized supermarket in July.

1 min

SM Prime builds up profit to P10.5 B

Sy-led integrated property developer SM Prime Holdings Inc. booked higher profit in the first quarter on the back of robust revenues, particularly from its malls.

1 min

Index gains as investors gobble up bargain stocks

The stock market snapped its three consecutive losing streak, opening the week in positive territory as investors hunted for bargains.

1 min

'BSP has room to keep policy settings steady'

Monetary authorities have room to keep the country's monetary policy settings steady this month, even if inflation breaches the four percent upper target in April, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr.

2 mins

Choco primed for breakthrough title?

Much has been said about the Choco Mucho Flying Titans' meteoric rise from a fledgling franchise eyeing a place in the sun five years ago to a legitimate title contender now.

1 min

Tropa brace for tough fight

TNT coach Chot Reyes said yesterday it'll be a struggle to turn back Rain or Shine in the PBA Philippine Cup best-of-three quarterfinals as the Tropang Giga gropes for consistency but with what his charges displayed in beating Magnolia to clinch No. 4 in the standings last Sunday, there is reason to be optimistic.

1 min

Mitchell powers Cavs past Magic

Donovan Mitchell and the Cleveland Cavaliers silenced the young guns of Orlando, beating the Magic 106-94 in Game 7 of their NBA playoffs first-round series Sunday to book a meeting with Eastern Conference top seed Boston.

1 min

Israel tells Palestinians to leave parts of Rafah

JERUSALEM (AP) - The Israeli army on Monday ordered tens of thousands of people in the southern city of Rafah in the Gaza Strip to begin evacuating, signaling that a long-promised ground invasion could be imminent.

1 min

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The Philippine Star Newspaper Description:

The Philippine STAR is the flagship title of the country's largest and most successful print media enterprise, the Philstar Media Group. Owned and published by Philstar Daily Inc., The Philippine STAR is a vaunted pillar of Philippine journalism whose integrity is anchored on the Biblical motto, “Truth Shall Prevail”. The Philippine STAR is a two-time winner of the prestigious Newspaper of the Year award given by the Rotary Club of Manila.