Philippines

A surprising situation was announced since, by mid-January, Petron Corp. will be shutting down its Bataan refinery as the last operating oil refinery in the world. In it’s recent disclosure to the Philippine Stock Exchange, Petron highlighted that its refinery in Limay will be shut down by Bataan’s economic plant starting in the second half of January 2021.Prreviously, The Bataan …

Defenders made a way as the members of the University of the Philippines College of Law faculty defended their former dean, Associate Justice Marvic Leonen of the Supreme Court, against an exclusion offer they considered uncorroborated. In order to throw the impeachment lawsuit and prioritizing more meaningful work for legislators the law professors advised the members of the House of …

Amidst everything that’s happening, President Rodrigo Duterte certified two bills seeking to extend the validity of the 2020 national budget and the so-called “Bayanihan 2” legislation as urgent steps to ensure that the government has enough fiscal leeway to finance next year’s expensive pandemic response. Duterte gave presidential certification to House Bill 6656 in a letter to House Speaker Lord …

Vico Sotto, Pasig‘s very own mayor, has been the preferred mayor of social media since he was elected. Not only is he good-looking and smart, but Pasiguenos is a great leader, too. His several initiatives continue to stir praise from his people and his honesty won him the confidence of the public. And the influx of investors in Pasig comes …

One of the options Philippines have just updates the country on it’s withdrawal schedule for vaccine. In view of this, the Food and Drug Administration has shared that AstraZeneca cancelled from conducting trials for its coronavirus vaccine candidate. The local regulators were advised by the British-Swedish drugmaker that they already had enough evidence, which is why they will no longer …

The Country’s favorite has set its new goal giving the long-term agreement with the coconut water brand, Vita Coco has been extended by the Po family-led Century Pacific Food Inc. CNPF is expected to embark on a major expansion of its coconut sector next year, rising production capacity with an additional P300 million investment to meet the growing global demand …

Perpetual bonds are generally issued by governments or institutions owned by governments. There are times when businesses with an impressive business background that are financially healthy have been able to sell perpetual bonds. From the viewpoint of the issuer, the main advantage is that the issuer does not have to pay for the theory. For the issuer, they just have …

In light of the pandemic, it was issued this year that medical frontliners will receive a hazard pay to give back the sacrifices and risk they went through this year but the arrangements for this were not that simple. Looking back, One of the Senate leader called on the Duterte administration to address the question of unreleased hazard pay and …

Physical fitness is the first requisite of happiness since it went true in the Philippine Cup Finals for the Barangay Ginebra Gin Kings. A healthy, well fitted and rested team made up against an injury-hit squad in the TNT Tropang Giga, was the point of victory for the Gin Kings, particularly in the title-clinching Game Five where exhaustion was evident …

The Toll Regulatory Board warned that toll concessionaires and operators which face fines or even suspended toll collections for any continuing breach of enforcing rules and regulations on cashless transactions on expressways. Due to atrocious state of the RFID system that leads to chaos and contributes to the intense traffic situation, mayor Rex Gatchalian of Valenzuela City repeal the North …