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MANILA, Philippines --- Senator Robin Padilla on Tuesday said he has tendered his "irrevocable resignation" as Executive Vice President of the Partido Demokratiko Pilipino - Lakas ng Bayan (PDP-Laban) to focus on his duties as a lawmaker. But, Padilla said, he will remain a member of the political party chaired by former President Rodrigo Duterte. "Bilang nanunungkulang Senador na mayroong mabigat na mandato sa taumbayan, mulat po ako na kailangang magbigay daan ang ibang pananagutan, kabilang na ang aking posisyon bilang EVP, para sa mas epektibong pagganap sa aking mga sinumpaang tungkulin sa bayan," he said in a statement. (As an incumbent senator with a heavy mandate, I am a...

Keep on reading: Padilla resigns as EVP of PDP-Laban to focus on duties as senator

MANILA -Asia United Bank (AUB) is planning to hike its authorized capital stock as it builds up a war chest to beef up its business, which has been picking up following the reopening of the economy. In a disclosure on Monday, the listed bank announced it would increase capitalization to P14.7 billion, which is divided into 1.47 billion shares with par value of P10 each. Its authorized capital currently stands at P5 billion and divided among 500 million shares valued at P10 each. "The increase in the authorized capital stock will support future business expansion in line with the bank's strategies and directions," AUB said. The transaction is still subject to the approval by t...

Keep on reading: AUB plans capital buildup

MANILA -DoubleDragon Corp.'s Hotel101-Fort, touted as the next largest hotel in Bonifacio Global City, is set to welcome guests in about a month amid the resurgence of tourism activities following the easing of mobility restrictions. In a disclosure on Monday, the listed company led by tycoons Edgar Sia II and Tony Tan Caktiong said that hotel operation was slated to start by July. The 33-level hotel has 606 rooms and five basement levels of parking. Its facilities and amenities include restaurant, convenience store, gym, swimming pool and conference meeting rooms. The mattress provider for the hotel is Germany-based Emma---The Sleep Company in line with its partnership agreemen...

Keep on reading: Hotel 101 opening in BGC by July

https://youtu.be/hzYOdUDyPPU MANILA, Philippines --- Cloudy skies and rains are expected to prevail in most parts of the country on Tuesday due to Typhoon Betty (international name 'Mawar') and its enhancement of the southwest monsoon, locally known as "habagat," according to Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa). According to Pagasa weather specialist Grace Castaeda, Betty further weakened and was last monitored 350 kilometers east of Basco, Batanes, with maximum sustained winds of 150 kilometers per hour (kph) and gusts of up to 185 kph. "Ito ay kumikilos pahilaga hilaga kanluran sa bilis na 10 kph at ngayong araw inaasahan na it...

Keep on reading: Typhoon Betty, monsoon to bring cloudy skies, rain over most parts of PH

SEOUL, South Korea --- North Korea has confirmed it will launch a reconnaissance satellite in June, saying it is needed to monitor military movements of the United States and its partners in real-time, state media reported Tuesday, citing a senior defense official. Japan said Monday it had been informed by Pyongyang that a satellite launch could happen as early as this week, but Tokyo warned the North may in fact be planning a sanctions-defying ballistic missile test. The North's state Korean Central News Agency cited Ri Pyong Chol, vice-chairman of the ruling party's central military commission, as saying the "military reconnaissance satellite No. 1" would be "launched in June...

Keep on reading: North Korea confirms June launch of military spy satellite — KCNA

CITY OF MALOLOS, Bulacan, Philippines --- More than 600 farmers in this Bulacan provincial capital are earning P3 more for every kilo of their palay (unhusked rice) harvest through a partnership between the city government and the National Food Authority (NFA). The city's 660 farmers have been selling their clean and dry palay at P22 per kilo, which is higher than the P19 per kilo ceiling price of the NFA. The city government subsidizes the additional selling amount under the NFA's Palay Marketing Assistance Program for Legislators and Local Government Units (Pallgu) through an initial P1 million worth of funds for the farmers' 6,600 bags of wet and freshly harvested palay. Eac...

Keep on reading: Over 600 Bulacan farmers get higher buying price for palay

For someone who had to wrestle with the idea of finally leaving University of Santo Tomas (UST), it was important that Eya Laure felt right at home in her next career stop.So it wasn't really quite a surprise that she chose Chery Tiggo. She's got family there, literally. "I'm happy that I get to play with ate (EJ Laure) again," the star hitter said. "It's really different if she's there."Eya's decision to join the Crossovers reunites the Laure sisters anew, and that reunion was an ace that gave Chery Tiggo an edge among all those who wanted to sign the talented Tigress. That Laure will be joined by UST middle blocker Imee Hernandez, who also opted to sign with the Crossovers, w...

Keep on reading: After leaving UST, Laure settles with pro league family

There's no question that Brandon Ganuelas-Rosser's confidence is at an all-time high after playing an integral role for Gilas Pilipinas in the recent Cambodia Southeast Asian (SEA) Games. And Ganuelas-Rosser hopes to carry that into next PBA season for the NLEX Road Warriors, who will be glad to see the same form after his all-around play and energy on both ends of the floor. "I think it would help a lot, being able to play big games, especially that last game, the gold medal game," he said. "I told [Gilas coach Chot Reyes] that I'm willing to do whatever they need me on both ends, I'll do it. Whether it's switching out, rebounding, clogging the lane. I think taking those th...

Keep on reading: BGR sees SEA Games confidence fueling NLEX stint

DIGOS CITY, Davao del Sur, Philippines -- A light truck carrying a heavy load of coconut lumber fell into a ditch in Toril District in Davao City on Sunday afternoon, injuring its driver and four passengers, including a 10-month-old baby. Maj. Jonnel Bonguyan, chief of the Toril Police Station, said that the truck came from Barangay Sibulan of nearby Santa Cruz town. While traversing Barangay Baracatan at past 4 p.m., driver Virgil Ramohal said the brakes of his truck malfunctioned causing him to lose control of it. Apart from Ramohal, also injured were Charity Abella, 19, and the 10-month-old baby who were seated in the cab; Alexander Millan, 24, and Allen Concepcion, 20. T...

Keep on reading: 10-month-old baby, 4 adults hurt as truck falls into ditch in Davao City

MANILA, Philippines --- Senate Minority Leader Aquilino Pimentel III moved to suspend his interpellation on the controversial Maharlika Investment Fund bill, but Sen. Mark Villar said it was his right as bill sponsor to object to the motion and instead terminate the period of interpellations. After hours-long interpellations by the Senate minority bloc that started Monday afternoon and lasted until the wee hours of Tuesday, Pimentel sought to continue raising questions about the contentious measure in the next session. But Villar, the main proponent of the bill as head of the Senate Committee on Banks, Financial Institutions, and Currencies, opposed Pimentel's motion. "I thi...

Keep on reading: Senators clash over move to end interpellations on Maharlika bill

DIGOS CITY, Davao del Sur, Philippines -- A village councilor in this city who was trying to pacify a quarreling couple ended up dead after the husband, who was drunk, shot him with a pistol on Sunday night. Lt. Col. Hamlet Lerios, Digos City police chief, identified the slain councilor as 47-year-old Rey Emecino Colita of Purok-6, Barangay San Roque, and the suspect as 35-year-old Jayradee Busadre Frande, a carpenter and resident of Relocation, Barangay Igpit. Colita was in a disco celebrating the founding anniversary of the barangay when he was informed about the commotion involving a couple just a few meters away. Colita, together with another village councilor, Ronelo Aw...

Keep on reading: Village councilor trying to pacify quareling couple shot dead

MANILA, Philippines --- The House of Representatives on Monday approved on its third and final reading a bill defining and prescribing penalties for tax racketeering, The bill, authored by Representatives Joey Salceda and Emigdio Tanjuatco III, defines tax racketeering as a crime committed by "any person who engages in any coordinated scheme or operation to evade or defeat any tax imposed under this Code through the fraudulent use of receipts, returns, and other records, with a minimum amount of P10 million in taxes evaded." According to House Speaker Martin Romualdez, the bill will deter schemes that aim to defraud the government of billions of pesos in taxes. "These scheme...

Keep on reading: House bill defining tax racketeering passes final reading

The past three years saw Dingdong Dantes focusing more on hosting jobs for television. But now that the local biz is pretty much back to normal after the pandemic, the actor has finally returned to the acting and teleserye grind. Dingdong is currently filming the murder-mystery primetime series "Royal Blood" and will headline the GMA Public Affairs film "Firefly." He's also set to announce other film projects soon, including a rumored Metro Manila Film Festival entry with his wife, Marian Rivera. "I was supposed to do some of these things when the pandemic hit. I wasn't very active during those years, so now, todo-pukpok na. Sana tuluy-tuloy na," he told reporters at his recent...

Keep on reading: Dingdong back in the acting groove

One might think pageant winners would choose their sashes and crowns as their favorite things. Not for these beauties, who place more importance on items that tug at their hearts and bring a smile to their faces. Model and Bb. Pilipinas World 2009 Ann Umali-Lontoc said her favorite things are folders filled with love letters. "My husband (Geronimo Lontoc Jr.) gave them to me when we were still dating up to the present. Now I have another folder, this time fille with artworks, cards and random love notes from my 7-year-old daughter, Sabrina," Ann said. The mother of two attended the opening of the Timezone branch at Filinvest Mall recently wearing a terno top over a T-shirt a...

Keep on reading: Beauty queens’ treasured love letters, rosary bracelet

After winning big in last year's Ka International Film Festival in Turkiye with the short film "Black Rainbow," filmmaker Zig Dulay will be participating in the festival again this year, but this time as a member of the jury. "I felt happy with the invitation because, for me, it's a validation that the festival not only appreciated my movie when it competed last year, but that it also believes in me as a filmmaker," Dulay told Inquirer Entertainment. "It also means that my views on cinema matter to them, so they want me to share these as member of the jury." Dulay's film won the Jury Award in 2022. He recalled his experience attending the festival in Ka for the first time. "The...

Keep on reading: ‘Black Rainbow’ director gears up for jury duty in Turkiye fest

MANILA, Philippines --- The Maharlika Investment Fund (MIF) bill was heavily scrutinized in the Senate on Monday for still allowing the Social Security System and the Government Service Insurance System to invest in the controversial fund. Opposition Sen. Risa Hontiveros raised concern over the section in the bill allowing other government financial institutions and government-owned or controlled corporations (GOCCs) to invest in the proposed MIF --- "subject to their respective investment and risk management strategies, and approval of their respective boards." During her interpellations of the MIF bill, Hontiveros said she would seek to have the proposal amended to categorica...

Keep on reading: Maharlika bill in Senate still allows SSS, GSIS investments

MANILA, Philippines --- Tropical Cyclone Wind Signal No. 1 has been lifted in eight Luzon provinces as Typhoon Betty (international name: Mawar) slowly crossed over the waters east of Basco, Batanes, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said on Monday. According to the 11 p.m. bulletin of Pagasa, Betty was moving north-northwestward slowly and was last monitored 440 kilometers (km) east of Calayan Cagayan or 385 km east of Basco, Batanes, with maximum sustained winds of 155 kilometers per hour (kph) and a gustiness of up to 190 kph. Pagasa lifted Signal No. 1 in the following areas; Quirino northern Nueva Vizcaya I...

Keep on reading: Pagasa lifts Signal No.1 in 8 provinces as Betty moves east of Batanes

Twitter announced a $5,000 monthly subscription charge for its API Pro plan. The company intended it for startups and small businesses, but entrepreneurs feel disappointed about the huge price. This backlash shows modern companies rely on social media data, hence the reaction toward Twitter API. That is why more people should learn about the Twitter API. To start a business, you will likely need this software for your operations. Also, programmers should learn how to use this program to increase their chances of getting hired in our digital job market. Casual readers will also benefit from understanding how their favorite products and services rely on social media. This article wil...

Keep on reading: Twitter API: Everything You Need To Know

Sony announced its new handheld gaming device on May 24, 2023, during its PlayStation Showcase online event. The company says it is "internally known as "Project Q." Sony PlayStation CEO Jim Ryan said in the demo the device would have an 8-inch HD screen and features similar to the DualSense wireless controller. Geoff Keighley, the creator of The Game Awards, seems to be eagerly anticipating Project Q. He has been tweeting about the capabilities of the upcoming gaming device. As the Steam Deck and other handheld consoles become more popular, following Sony's latest development will let us see the future of handheld gaming. This article will discuss Sony Project Q's confirmed featur...

Keep on reading: Sony Project Q: Everything You Need To Know

MADRID --- Spain's Socialist Prime Minister Pedro Sanchez unexpectedly called a snap national election on Monday and his main rival spelled out the aim of becoming the country's next leader after left-wing parties were routed in a regional ballot. Sanchez, who had repeatedly said he wanted to see out a full term in office, portrayed Sunday's crippling defeat as a clear vote of no confidence in his coalition government. The mainstream conservative People's Party (PP) of Alberto Nunez Feijoo won outright control of two regional administrations and could run six more in partnership with the far-right Vox, whose leader said he was ready to form coalitions with the PP. In all, 12 re...

Keep on reading: Spain’s Sanchez gambles on snap election after regional ballot rout