Insolvencies set to rise as creditors go to the courts

A sharp rise in creditors using court action to recover debts has fuelled fears of a jump in insolvencies. The number of county court judgments lodged against companies in the three months to the end of September was 21,764,…

TnT back as PBA champion

The TnT Tropang Giga are the 2021 PBA Philippine Cup champions. — PBA Images By Michael Angelo S. Murillo The TnT Tropang Giga are back as Philippine Basketball Association champions after closing out the Magnolia Pambansang Manok Hotshots, 94-79, in…

Philippines remains 7th deadliest country for journalists in global index

https://cpj.org/ THE PHILIPPINE remains the seventh deadliest country in the world for journalists in terms of unsolved killings, according to a press freedom organization. The Committee to Protect Journalists (CPJ) said in its 2021 Global Impunity Index report released on…

Political Round-up: Mandanas ruling should push participatory governance, says Leni; Bato courted Sara; Bello twits Isko on contractualization

OVP/Charlie Villega Vice-President Maria Leonor “Leni” G. Robredo on Friday said the Mandanas ruling should pave the way for the direct participation of ordinary people in the budget process and local governance. The Supreme Court ruling, named after Batangas Governor…

Comelec releases tentative list of candidates for 2022 May elections, sets absentee voting rules

THE COMMISSION on Elections (Comelec) on Friday released its tentative list for the 2022 national and local elections. The list for national positions posted on the poll body’s official website included 97 presidential candidates, 28 vice-presidential candidates, and 174 senatorial…

Duterte signs law postponing BARMM elections

@BANGSAMOROGOVT Philippine President Rodrigo R. Duterte has officially postponed the first regular elections in the Bangsamoro region, according to the presidential palace. He signed Republic Act (RA) No. 11593 which moves the date of the parliamentary and regional elections of…

Workers won’t get special pay on 3 holidays next year

President Rodrigo R. Duterte has signed a proclamation declaring fewer nonworking days in 2022 in an effort to minimize work disruption amid the pandemic. Under the order, Nov. 2 (All Souls’ Day), Dec. 24 (Christmas Eve), and Dec. 31 (New…

Metro Manila to remain under Alert Level 3 until Nov. 14

PHILSTAR Public transport capacity increasing starting Nov. 4 Metro Manila will remain under Alert Level 3 until Nov. 14, the Palace said on Friday, even as coronavirus infections in the country continue to drop. “This is to ensure that the…

PHL consumer spending to pick up in 2022 – Fitch Solutions

Household spending grew 7.2% year on year in the second quarter, as lockdowns eased. — Photo by Michael Varcas, The Philippine Star The improving employment rate and consumer sentiment in the Philippines could back a projected 5.1% household spending growth…

Bank lending growth fastest in 11 months

BW FILE PHOTO By Jenina P. Ibanez, Reporter Bank lending rose 2.7% in September to mark the second straight month of growth, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Outstanding loans issued by big banks increased 2.7%…

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