PHILIPPINE NEWS SERVICE — Philex Mining Corp. and its joint venture partner Anglo American Exploration (Philippines) B.V., a wholly owned subsidiary of Anglo American Plc., may invest up to $1 billion to…
Category: News Stories
PAL to build hub in Clark
PHILIPPINE NEWS SERVICE — Philippine Airlines, a company owned by taipan Lucio Tan, yesterday said that it will build a $50-million catering and maintenance facility at the Diosdado Macapagal International Airport in…
Gringo led Oakwood revolt, prosecutors say
PHILIPPINE NEWS SERVICE — State prosecutors have expressed dismay over the ruling rendered by Justice Secretary Raul Gonzalez absolving Senator-elect Gregorio Honasan of criminal liability in connection with the July 27, 2003…
Lito, Bong going for Villar
PHILIPPINE NEWS SERVICE — ADMINISTRATION Senators Lito Lapid and Ramon Revilla Jr. are supporting Senator Manuel Villar’s bid for re-election as Senate president. One of Lapid’s staffers said the senator has faxed…
Retiring senators faces new life
PHILIPPINE NEWS SERVICE — THREE outgoing senators are waking up each day not having to worry about missing an appointment, a welcome development, but a potential senatorial winner is having the worst…
‘CA rules make payoffs easy’
PHILIPPINE NEWS SERVICE — RULES governing the Commission on Appointments make it easy for any member of the congressional body to stall the confirmation process and to demand concessions—in cash or in…
Opposition still hopeful for control of Senate
PHILIPPINE NEWS SERVICE — THE overwhelming majority of voters who gave the Senate to the opposition will not be disappointed because all 15 senators not allied with the administration will choose one…
BIR job goes to Hefti
PHILIPPINE NEWS SERVICE — FINANCE Secretary Margarito Teves yesterday said he supported the appointment of Lilian Hefti as officer-in-charge of the Bureau of Internal Revenue and denied recommending an outsider for the…
Henry Sy buys Manila Bank
PHILIPPINE NEWS SERVICE — CHINA Banking Corp. is buying 87.51 percent of the Puyat family’s Manila Banking Corp. at a price to be determined next month after due diligence, an official said…
Gringo absolved of rebellion charges
PHILIPPINE NEWS SERVICE — THE justice department yesterday absolved Senator-elect Gringo Honasan of criminal liability, but reaffirmed the rebellion charges against Lt./SG Antonio Trillanes IV and other members of the so-called Magdalo…
Only six senators showed up in secret ballot meeting
PHILIPPINE NEWS SERVICE — THE plan of the opposition bloc in the Senate to settle the issue of the Senate presidency via secret balloting failed to push through after only six of…
Garcia faces 165 charges of money laundering
PHILIPPINE NEWS SERVICE — THE government is poised to file 165 counts of money laundering against Maj. Gen. Carlos Garcia and his family, who have been accused of amassing P302.27 million in…
RP chessers win 2 more golds
PHILIPPINE NEWS SERVICE — Paulo James Florendo and Kimberly Jane Cunanan finally rose to the challenge in the 8th Asean + Age-Group Chess Championship here, as they pocketed a gold each in…
Tight race for speaker
PHILIPPINE NEWS SERVICE — UNTIL now nobody has a clear edge in the speakership race because members of the House of Representatives are still waiting to see who will be the first…
RP university belt of Asia
PHILIPPINE NEWS SERVICE — ZEROING in on national development as the ultimate goal of higher education, the Commission on Higher Education has been espousing cross-border education aimed at making the country the…