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Casual American dining chain TGI Fridays filed for Chapter 11 bankruptcy on Saturday in the US state of Texas, a company statement said. The bar and grill chain — known for serving up hamburgers, chicken wings and…
MANDAUE CITY, Cebu — Catalino Panaginip Jr., 45, had been farming for at least 14 years. Panaginip, who is from Sitio Satuhan in the mountain barangay of Sudlon II in Cebu City, said that farming had been…
The Philippine government’s debt reached a record P15.89 trillion at the end of September, as officials borrowed more locally and internationally to cover the budget deficit. The Bureau of the Treasury reported on Wednesday that this marked…
Heads up, motorists. Starting Tuesday, October 29, 2024, fuel prices will go up by 50 centavos per liter. Seaoil, Shell Pilipinas, and Cleanfuel announced that diesel and kerosene prices will increase. Gasoline would also slightly go up…
The Department of Transportation (DOTr) is advancing the New Dumaguete Development Airport project by selecting three Korean firms to design the new airport, aimed at accommodating more passengers. DOTr has invited Yooshin Engineering Corp., Keun Jeong Architects…
CEBU CITY – Despite the African Swine Fever (ASF) scare, there will be enough pork meat, especially the well-loved lechon (roast pig), during the Christmas season, an official of the National Meat Inspection Service (NMIS) here said…
The Department of Agriculture (DA) sees significant rice production losses this year due to widespread bad weather, an official said Friday. “We can expect that our losses will be somewhat significant this year compared to last year…
Severe Tropical Storm Kristine (Trami) caused P80.8 million in losses to the agriculture sector, the Department of Agriculture (DA) reported. The storm affected 2,864 farmers across Cordillera, Mimaropa, Bicol, and Western Visayas, according to the DA’s bulletin…
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents, particularly in Barangay Pajac, can take advantage of the low-priced agricultural products at the newly opened Kadiwa Store at Primark Center Mactan. John Racoma, one of the participants in the…
After four weeks of price hikes, fuel companies will lower petroleum prices starting Tuesday, October 22. Seaoil and Shell Pilipinas announced on Monday that gasoline will drop by 50 centavos per liter, while diesel will decrease by…
CEBU CITY, Philippines —Following the shut down of a company in Mactan Export Processing Zone (MEPZ) in Lapu-Lapu City last month, at least 337 workers had been retrenched. Retrenchments like this can greatly affect the country. “When…
Ayala Corp. is selling half of its stake in popular e-wallet GCash to Japan’s Mitsubishi Corp. for at least P18.4 billion. As a result, Mitsubishi will own 50 percent of AC Ventures Holdings Corp ., which in…
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