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Number of stranded seagoing passengers now down to 104

Posted on July 11, 2015

MANILA, July 11 (PNA) — With improving weather conditions, the number of stranded seagoing passengers has dropped to 104 nationwide as of 12 noon Saturday,greatly lower than the 330 as 4 a.m….

House labor panel to push bills providing more jobs, better protection for workers

Posted on July 11, 2015

By Sammy F. Martin MANILA, July 11 (PNA) — The chairman of the House committee on Labor and Employment over the weekend said his panel would continue pushing for the passage of…

PAGASA sees fair weather in Luzon next week

Posted on July 11, 2015

By Catherine J. Teves MANILA, July 11 (PNA) — Government expects rains early next week in Metro Manila and key cities of Luzon but not as intense as downpour the enhanced southwest…

More flights cancelled due to bad weather

Posted on July 11, 2015

By Azer N. Parrocha MANILA, July 11 (PNA) — Bad weather prompted the cancellation of three international flights on Saturday, the Manila International Airport Authority (MIAA) said in an advisory. MIAA said…

Bad weather grounds 2 flights

Posted on July 11, 2015

By Azer N. Parrocha MANILA, July 11 (PNA) — Two flights to and from Basco, Batanes were cancelled on Saturday due to bad weather, the Manila International Airport Authority (MIAA) said in…

Probability for ‘Nangka’s PAR entry shrinks further

Posted on July 11, 2015

By Catherine J. Teves MANILA, July 11 (PNA) — Weather forecasters see a more dwindling chance for the tropical cyclone, with international name ‘Nangka’, to enter the Philippine Area of Responsibility (PAR),…

BSP to launch credit surety fund in Zambales

Posted on July 10, 2015

MANILA, July 10 (PNA) — The Bangko Sentral ng Pilipinas (BSP), in partnership with the Provincial Government of Zambales, will launch the Zambales Credit Surety Fund (Zambales CSF) on Monday at the…

Peso gains vs USD

Posted on July 10, 2015

MANILA, July 10 (PNA) – – The Philippine peso improved against the dollar Friday when it ended the week at 45.125 from 45.21 in the previous trading. A trader attributed this to…

PSEi slightly up for 2nd day

Posted on July 10, 2015

MANILA, July 10 (PNA) — Local share prices posted a marginal gain for a second day as investors sought out bargain stocks. The benchmark Philippine Stock Exchange index (PSEi) advanced 14.90 points…

MPIC unit pays gov’t Php 5.4 B in concession fee for CALAx project

Posted on July 10, 2015

By Leslie D. Venzon MANILA, July 10 (PNA) — Infrastructure conglomerate Metro Pacific Investments Corp.’s (MPIC) subsidiary, MPCALA Holdings Inc., initially paid the government on Friday a concession fee of Php 5.4…

ERC approves Meralco’s lower distribution charge

Posted on July 10, 2015

By Luzel L. Danganan MANILA, July 10 (PNA) – The Energy Regulatory Commission (ERC) on Friday temporarily allowed the Manila Electric Company (Meralco’s) to lower its distribution charges by 17 centavos per…

Toyota PHL eyes next 1-M sales in less than 10 years

Posted on July 10, 2015

By Kris M. Crismundo MANILA, July 10 (PNA) — Toyota Motor Philippines Corp. (TMPC) targets to sell its next one million unit sales in 10 years, faster that its first one million…

FDIs post USD 382-M Net Inflows in April 2015; January-April level reaches USD 1.2 B

Posted on July 10, 2015

MANILA, July 10 (PNA) — Foreign direct investments (FDI) continued to post net inflows amounting to USD 382 million in April 2015, as all FDI components remained in positive territory during the…

Senator finds SEAFDEC module vital for aquaculture

Posted on July 10, 2015

ILOILO CITY, July 10 (PNA) –- Sen. Cynthia A. Villar was elated to find a module at the Southeast Asian Fisheries Development Center (SEAFDEC) in Iloilo province that could be used to…

Relief operations continue in typhoon-hit La Union

Posted on July 10, 2015

SAN FERNANDO CITY, La Union, July 10 (PNA)–Relief operations, led by the provincial government and various government agencies, including the Philippine Red Cross (PRC), continue in La Union nearly a week after…

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