MANILA, (PNA) — To beef up the capabilities of the Philippine Navy (PN), the Department of National Defense (DND) announced that it will setting aside P18-bilion to acquire two brand-new frigates. The…
Category: News Stories
Gov’t eyes securing P59-B 2014 climate, DRRM budget
By Catherine Teves MANILA, (PNA) — Government is proposing for next year a P59 billion total budget for its nationwide climate change and disaster risk reduction and management (DRRM) program. Budget chief…
69 Comelec gun ban violators arrested — PNP
MANILA, (PNA) — Sixty-nine gun ban violators have been arrested under the Commission on Elections (Comelec) gun ban, the Philippine National Police (PNP)said on Thursday. Police Senior Superintendent Wilben Mayor, PNP spokesman,…
Filipinos who fought against colonialists in Mindanao to be declared as heroes
MANILA, (PNA) — Lawmakers want Congress to enact a law declaring Filipinos who fought against Spanish and American colonialism in Mindanao as national heroes. Reps. Rufus Rodriguez (2nd District, Cagayan de Oro…
People’s support for PNoy’s anti-corruption drive remains solid
MANILA, (PNA) — Despite the monumental stumbling blocks thrown in the way of the Aquino administration’s campaign to stop corruption that plagued many government institutions including those which were thought to be…
First Gen prices $ 250M in senior unsecured bond issue
MANILA, (PNA) — Lopez-led First Gen Corp., the country’s leading clean and renewable energy company, has priced a $ 250 million senior unsecured bond issue, proceeds from which will be used to…
Acquisition of 2 new frigates to boost PN capabilities
By Priam F. Nepomuceno MANILA, (PNA) — The Department of National Defense (DND) decision to acquire two brand-new frigates for P18-billion will boost the capabilities of the Philippine Navy fleet. “The acquisition…
Palace welcomes Moody’s PHL credit rating upgrade
MANILA, (PNA) — Malacanang welcomed Thursday Moody’s upgrade of the Philippines’ credit rating to ‘investment grade’, saying this affirms the government’s efforts to improve the economy. Moody’s upgraded the country’s rating by…
Moody’s upgrades rating on PHL to investment grade
By Joann Santiago MANILA, (PNA) — The Philippines’ finally got an investment grade rating from Moody’s Investors Service Thursday as the debt watcher sees sustainability of the country’s strong economic performance, on-going…
NEDA pushes for further inclusion of persons with disabilities in dev’t processes
MANILA, (PNA) — The National Economic and Development Authority (NEDA) stressed the need to take account of persons with disabilities and their contribution to development processes. Citing the need to look into…
BOC files P11.15-M smuggling raps at DOJ vs 4 traders, 1 broker
MANILA, (PNA) — The Bureau of Customs (BOC) on Thursday filed smuggling charges against the owners and a broker of four trading companies for trying to smuggle into the country P11.15-million worth…
About 40,000 students benefit from P719.86-M SSS educational loans
MANILA, (PNA) — The Social Security System (SSS) has released a total of P719.86 million in “study-now, pay later” loans for student-beneficiaries of more than 38,000 member-borrowers who had availed themselves of…
3 quakes jolts in Visayas, Mindanao
MANILA, (PNA) — Three moderate earthquakes struck parts of Visayas and Mindanao on Thursday, according to the Philippine Institute of Volcanology and Seismology (Phivolcs). In its bulletin, the agency said the first…
New rules make retirement easier for state workers
MANILA, (PNA) — Retiring government employees need not secure clearances of no pending administrative case from his/her employer-agency, the Civil Service Commission (CSC), and the Office of the Ombudsman. This was announced…
Akbayan claims DAP issue meant to distract attention on plunder cases filed vs lawmakers
MANILA, (PNA) — Amid the raging debate on the Disbursement Acceleration Program (DAP), Akbayan party list on Thursday warned the public not to be swayed by efforts from some quarters to use…