MANILA, Feb. 21 (PNA) — Cotabato Archbishop Orlando Quevedo will be officially elevated to the College of Cardinals at the Vatican on Saturday. The celebration will be headed by Pope Francis where…
Category: News Stories
Palace open to possibility of reviving Manila-Clark bullet train
MANILA, Feb. 21 (PNA) — Malacanang on Friday said that it was open to the possibility of reviving the Manila to Clark bullet train given the country’s improved economy. Presidential Communications Operations…
Gov’t remains open to talking peace with communist insurgents
MANILA, Feb. 21 (PNA) — The government remains open to peace discussions with the communist rebels as Communist Party of the Philippines’s founder Joma Sison expressed willingness to continue peace talks with…
PHL stocks surge to 3-month high on attractive valuations, bright prospects
By Leslie D. Venzon MANILA, Feb. 20 (PNA) — The local stock market bucked a regional downtrend and advanced to a three-month high on Thursday, driven by attractive valuations and Philippine economic…
Reg’l growth diversification to boost PHL economy’s output
MANILA, Feb 20 (PNA) — Share of some regions to the Philippines’ growth has been noted and Standard Chartered Bank said regional diversification continue to present great potential to boost the economy’s…
EU pours in P45-B on new platform for Malampaya
MANILA, Feb. 20 (PNA) — A group of European investors were welcomed Thursday at the Keppel Subic Shipyard in Subic, Zambales, the site of the fabrication activities of the Malampaya Phase 3…
President Aquino to celebrate EDSA People Power anniversary touring calamity areas
MANILA, Feb. 20 (PNA) — Malacanang is not pushing through in holding the 28th anniversary celebration of the EDSA People Power Revolution on February 25 at the Palace grounds and the President…
President Aquino to discuss peace, trade with Malaysian PM during visit
MANILA, Feb. 19 (PNA) — President Benigno S. Aquino III expects to discuss with Malaysian Prime Minister Najib Razak several topics, ranging from the peace process to enhanced trade, during his two-day…
House Independent Minority bloc backs Cha-cha; but limits only on economic provisions
By Sammy F. Martin MANILA, Feb. 19 (PNA) — The House of Representatives Independent Minority Bloc throws their support to Speaker Feliciano Belmonte’s Charter Change (Cha-cha) proposal that would amend some economic…
UK parliamentarian bats for more focus on Climate Change in post-2015 development framework
By Cielito M. Reganit MANILA, Feb. 19 (PNA) — With the upcoming end of the timeline for the Millennium Development Goals (MDG) in 2015, a visiting member of the House of Lords…
PHL improves by 8 notches in The Heritage Foundation, The Wall Street Journal’s Index of Economic Freedom
MANILA, Feb. 18 (PNA) — In the official results of The Heritage Foundation and The Wall Street Journal’s Index of Economic Freedom, the Philippines now ranks 89th out of 178 countries, improving…
SC extends until April 22 TRO vs Meralco power rate hike
By Perfecto T. Raymundo MANILA, Feb. 18 (PNA) — The Supreme Court (SC) on Tuesday extended until April 22, 2014 the temporary restraining order (TRO) against the P4.15 per kilowatt-hour power rate…
Belmonte sees passage of Cha-cha in the committee level before Congress adjourns sine die
MANILA, Feb. 18 (PNA) — Speaker Feliciano Belmonte Jr. on Tuesday said he is optimistic that the House of Representatives’ Committee on Constitutional Amendments can come up with their committee report on…
President Aquino has no plans to extend his term –Palace official
MANILA, Feb 18 (PNA) — A Malacanang official on Tuesday said that President Benigno S. Aquino III has no plans to extend his term further than 2016, even as the House of…
Peso sustains rally vs. dollar
By Joann Santiago MANILA, Feb 17 (PNA) — The report about the record-high remittance inflows in 2013 helped boost the Philippine peso’s strength Monday. The local unit gained P0.30 to a dollar…