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Category: News Stories

BDO capital chief eyes PHL to grow by 6.5-7% in ‘14

Posted on January 27, 2014

By Joann Santiago MANILA, Jan 27 (PNA) — BDO Capital and Investment Corp. President Eduardo Francisco expects the domestic economy to remain resilient in 2014 amidst the volatility in the financial market…

Lacson eyes separate office for disaster rehabilitation, recovery

Posted on January 27, 2014

MANILA, Jan. 27 (PNA) — Presidential Adviser for Rehabilitation and Recovery Secretary Panfilo M. Lacson may recommend the creation of a permanent office focusing on rehabilitation and recovery from calamities. Lacson, in…

Palace says signing of annex on normalization on Bangsamoro manifests government commitment to lasting peace in Mindanao

Posted on January 27, 2014

MANILA, Jan. 27 (PNA) — The signing of the Annex on Normalization and Addendum on Bangsamoro Waters by the Government of the Philippines (GPH) and the Moro Islamic Liberation Front (MILF) panels…

Lacson issues warning to those ‘in the way’ of Yolanda rehab work

Posted on January 23, 2014

MANILA, Jan. 23 (PNA) — While he will adhere to a policy of inclusion in rehabilitation work in areas affected by super typhoon “Yolanda” (Haiyan), Presidential Adviser on Reconstruction and Rehabilitation Panfilo…

PHL stocks end near 6,200-mark on strong macroeconomic fundamentals

Posted on January 23, 2014

By Leslie D. Venzon MANILA, Jan. 23 (PNA) — Philippine share prices stretched its winning streak to a seventh straight session on Thursday, as investors bet on the country’s strong macroeconomic fundamentals….

‘We learned a lot of lessons from Yolanda’ –-Roxas

Posted on January 23, 2014

By Jelly F. Musico MANILA, Jan. 23 (PNA) – Department of Interior and Local Government (DILG) Secretary Manuel A. Roxas II admitted on Thursday the government had learned plenty of lessons from…

Palace: ERC chief won’t need to step down just yet

Posted on January 23, 2014

MANILA, Jan. 23 (PNA) — Malacanang on Thursday said that despite calls of the Akbayan Party-list to sack Energy Regulatory Commission (ERC) chairperson Zenaida Ducut, due process will still have to be…

President Aquino says Metro Manila Skyway Stage 3 project will create 18,000 jobs

Posted on January 22, 2014

MANILA, Jan. 22 (PNA) — President Benigno S. Aquino III said on Wednesday the P26.7-billion Metro Manila Skyway Stage 3 project will create some 18,000 jobs. “Makakapaghatid ang proyektong ito ng halos…

Palace: Reforms in GOCC system to keep bonuses of executives from getting too high

Posted on January 22, 2014

MANILA, Jan. 22 (PNA) — Malacañang on Wednesday reassured the public that reforms in the rules in the operation of government-owned and controlled corporations (GOCCs) will prevent the bonuses and other incentives…

PHL stocks breach 6,100 level as IMF upgrades global growth forecast

Posted on January 22, 2014

MANILA, Jan. 22 (PNA) — The Philippine stock market breached the 6,100 mark after posting its biggest gain for the year on Wednesday, as investors cheered news the International Monetary Fund (IMF)…

Palace dismisses impeachment threats against President Aquino

Posted on January 22, 2014

By Azer N. Parrocha MANILA, Jan. 22 (PNA) — A Malacanang official on Wednesday dismissed impeachment threats against President Benigno S. Aquino III, saying they will wait for an official complaint to…

KMP ‘misfires’ again with Aquino, Abad plunder charges — DBM

Posted on January 22, 2014

By Lilybeth G. Ison MANILA, Jan. 22 (PNA) — The Department of Budget and Management-Public Information Unit (DBM-PIU) on Wednesday slammed the Kilusang Magbubukid ng Pilipinas (KMP) for implicating President Benigno Aquino…

DA bans chicken, bird imports from China

Posted on January 20, 2014

MANILA, Jan. 20 (PNA) — Agriculture Secretary Proceso Alcala has banned the entry of chicken and chicken products, along with domesticated and wild birds from China’s after its own Ministry of Agriculture…

Positive outlook lifts PHL stock index above 6,000

Posted on January 20, 2014

MANILA, Jan. 17 (PNA) — Share prices on the Philippine Stock Exchange (PSE) breached the 6,000 mark for the first time this year, bolstered by the positive outlook on equities this year….

PHL external payments position remains strong amid drop in BOP surplus — BSP

Posted on January 20, 2014

By Joann Santiago MANILA, Jan. 20 (PNA) — The Philippines’ US$ 5.1 billion balance of payment (BOP) surplus in 2013 was below the central bank’s US$ 5.3 billion target but Bangko Sentral…

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