By Josine Estuye MANILA, (PNA) — Banks affected by the recent 7.2 magnitude quake in Central Visayas and Mindanao were granted regulatory and rediscounting relief measures by the Bangko Sentral ng Pilipinas…
Category: News Stories
Osmena believes lawyer’s resignation will weaken Napoles’ defense
By Jelly Musico MANILA, (PNA) -– Sen. Serge Osmena III on Wednesday expressed belief the reported resignation of Atty. Lorna Kapunan as counsel of Janet Lim Napoles in the illegal detention case…
Cremation makes overcrowded cemetery ‘thing of the past’
By Perfecto T. Raymundo, Jr. MANILA, (PNA) — If you don’t want to brave through an overcrowded cemetery, then, it’s time to have the remains of your loved ones or the bones…
PNoy to address nation on current issues Wednesday night
MANILA, (PNA) — President Benigno Aquino III will address the nation Wednesday night to discuss “important issues” hounding the country. Presidential Communications Operations Office Secretary Herminio Coloma Jr. said the President will…
NGCP: no major power outages a day before and after village elections
By Joann Santiago MANILA, (PNA) — Several issues like alleged ballot snatching and vote buying marred Monday’s village elections but power supply is not an issue since last Sunday. The National Grid…
NCC keen on average 30 notches improvement per year in Doing Business Report
By Kris M. Crismundo MANILA, (PNA) – The National Competitiveness Council (NCC), a public-private partnership that addresses the improvement of country’s economic competitiveness, is eager to continue an average 30-notch improvement every…
Chinatrust (Philippines) to adopt new bank name
MANILA, (PNA) — Chinatrust (Philippines) Commercial Bank Corporation today announced the change in its English corporate name to CTBC BANK (PHILIPPINES) CORP., or simply CTBC BANK to bring the Philippine subsidiary into…
BSP exec lauds establishment of domestic renminbi transfer service
By Joann Santiago MANILA, (PNA) – – A central bank executive sees seamless transactions of renminbi in the Philippines following the launch of the domestic renminbi transfer service established by the Bank…
PHL stocks slightly up on Fed hopes
By Leslie Venzon MANILA, (PNA) –- The Philippine stock market gained slightly on Tuesday along with other bourses in the region, bolstered by expectations the Fed Reserve will maintain its stimulus. The…
Group: Skin whitening creams test positive for mercury
MANILA, (PNA) — A number of skin whitening creams sold in Chinese drug stores in Metro Manila contained high levels of lead, an environmental group said Tuesday. Product tests done by the…
Govt forces hunt down abductors of Indian trader in Cotabato City
By Edwin Fernandez COTABATO CITY, (PNA) — Police and Marine elements have launched a city-wide manhunt against four armed men who seized an Indian trader here, police said. Senior Supt. Rolen Balquino,…
NASA to launch spacecraft to explore Martian atmosphere
WASHINGTON, (PNA/Xinhua) — U.S. space agency NASA said Monday its spacecraft that will examine the upper atmosphere of Mars “in unprecedented detail” is undergoing final preparations for a November launch from Cape…
Solon urges public to trust President Aquino’s resolve to end corruption
MANILA, (PNA) -– Amid the pork barrel controversy, Senate Majority Leader Alan Cayetano on Tuesday urged the Filipino people to remain calm and trust the determination of the administration of President Benigno…
Senate panel to conduct ‘major review’ of all U.S. intelligence programs
WASHINGTON, (PNA/Xinhua) — U.S. Senate Intelligence Committee Chairwoman Dianne Feinstein on Monday announced that the panel will initiate “a major review” into all U.S. intelligence programs amid uproar following media disclosures about…
CA upholds dismissal of PNP execs in P400-M V-150 repair scam case
By Perfecto Raymundo MANILA, (PNA) — The Court of Appeals has upheld the dismissal of several Philippine National Police officials and the cases against other private individuals who are also facing criminal…