MANILA, Jan. 21 (PNA) — As politicians gear up for the 2016 presidential elections, a Palace official said on Wednesday that Filipinos will support a government that champions reform and good governance….
Month: January 2015
Peso strengthens further vs USD, closes at Php44.40
MANILA, Jan. 21 (PNA) — The Philippine peso sustained its strong trade against the US dollar Wednesday buoyed by anticipations for announcement of additional stimulus program from the European Central Bank (ECB)…
PHL, US officials hail “successful” strategic dialogue in Manila
By Michaela del Callar MANILA, Jan. 21 (PNA) — The Philippines and United States on Wednesday hailed as “successful” its two-day strategic bilateral dialogue as both allies renewed its commitment to further…
SBMA partners with coop, civic groups for Ayta outreach projects
By Malou Dungog SUBIC BAY FREEPORT, Jan. 20 (PNA) –The Subic Bay Metropolitan Authority (SBMA) has joined forces with party-list Cooperative NATCCO Network Party (Coop-NATCCO) and civic groups in the Subic Bay…
Tagum city gov’t shares good practices in governance in Thailand
By Cherry Mae D. Palicte TAGUM CITY, Jan. 20 (PNA) — This city presented its major programs, which exemplifies good and participatory governance, to the international academic audience last January 11-14 at…
Legazpi speeds up business licensing
By Emmanuel P. Solis LEGAZPI CITY, Jan. 20 (PNA) — The Business Permits and Licensing System Office of this city has implemented a program to speed the issuance of business permits. Legazpi…
Peso sustains appreciation vs USD on foreign buying, remittances
By Joann Santiago MANILA, Jan. 20 (PNA) — Foreign buying in the local equities market continue to help the peso Tuesday after the local currency ended the day sideways against the US…
PHL posts USD 2.9B BOP deficit in 2014
By Joann Santiago MANILA, Jan. 20 (PNA) — The Philippines’ posted a lower-than-target deficit in its 2014 balance of payment (BOP) position after it registered a surplus last December. Data released by…
18-year PHL T-bond rate average up to 3.5%
MANILA, Jan. 20 (PNA) — Average rate of the Philippine government’s 18-year Treasury bond (T-bond) rose to 3.85 percent during an auction by the Bureau of the Treasury (BTr) Tuesday. This was…
Poverty-reduction takes lion’s share in 2015 budget
MANILA, Jan. 20 (PNA) — In support of the Aquino administration’s intensified drive to reduce poverty in the country, the Department of Budget and Management (DBM) today said that Social Services now…
Drilon seeks presence of ConCom members to BBL hearing
By Jelly F. Musico MANILA, Jan. 20 (PNA) — Senate President Franklin M. Drilon urged on Tuesday the Senate panel hearing the proposed Bangsamoro Basic Law (BBL) to invite the members of…
Otto Energy stakeholders okay 33% sale of shares to Nido Petroleum
By Juzel L. Danganan MANILA, Jan. 20 (PNA) — Stakeholders of Otto Energy Ltd’s have approved the sale of the company’s 33 percent working interest at Galoc Production Company W.L.L. to Nido…
PHL stocks extend slump on global growth worries
By Leslie D. Venzon MANILA, Jan. 20 (PNA) –- Local share prices extended their slump on Tuesday, dragged by concerns about global growth. The bellwether Philippine Stock Exchange index (PSEi) declined 32.51…
UN reports Ebola-hit countries show progress in fight against virus
MOSCOW, Jan. 20 (PNA/Sputnik) — Guinea, Liberia and Sierra-Leone have demonstrated encouraging statistics on the number of Ebola virus cases, Deputy Spokesman for the UN Secretary-General Farhan Haq has said. “Guinea, Liberia…
Iraq tries to get Babylon on world heritage list
BAGHDAD, Jan. 20 (PNA/Xinhua) — Iraqi Minister of Tourism and Antiquities on Monday said that his country is seeking to restore the ancient ruin city of Babylon onto the UNESCO world heritage…