By Juzel L. Danganan MANILA, (PNA) – The Low Pressure Area (LPA) near Virac, Catanduanes Saturday is expected to dissipate within 24 hours, according to the Philippine Atmospheric Geophysical and Astronomical Services…
Asia GDP grows 6 %: ADB
QINGDAO, Shandong Province, (PNA/Xinhua) — The Asian Development Bank estimates the overall GDP growth of Asian countries for 2015 will be around 6 percent, making it once again the fastest-growing continent in…
DFA urged to shed light on Php8-Billion e-passport printing deal
By Sammy F. Martin MANILA, June 19 (PNA) — Akbayan Party-list Rep. Ibarra Gutierrez III on Friday asked the Department of Foreign Affairs (DFA) to answer reports that it has signed a…
Illegal wildlife trading rampant in Palawan
By Celeste Anna R. Formoso PUERTO PRINCESA CITY, June 19 (PNA) — The Biodiversity Management Bureau (BMB) of the Department of Environment and Natural Resources (DENR) expressed concern over rampant illegal wildlife…
MILF decommissioning proves peace process is working, says third party monitor
MAGUINDANAO, June 19 (PNA) — Third Party Monitoring Team (TPMT) Chair Alistair McDonald declared the first phase of the decommissioning process of the Moro Islamic Liberation Front (MILF) combatants and weapons as…
Sen. Santiago filed highest number of bills, resolutions
By Jelly F. Musico MANILA, June 19 (PNA) – Despite her health condition, Senator Miriam Defensor Santiago has emerged with the highest number of filed bills and resolutions in the Senate after…
Phl posts deficit in BOP position in May ’15 but 5-month position remains in surplus
By Joann Santiago MANILA, June 19 (PNA) — The Philippines posted a USD 58-million deficit in its balance of payment (BOP) position in May 2015 but central bank officials remain confident of…
SC says past connection of CJ Sereno’s husband to Consunji firm not a ground for inhibition
By Perfecto T. Raymundo MANILA, June 19 (PNA) — The Supreme Court (SC) on Friday clarified that the past connection of the husband of Chief Justice Maria Lourdes P. Aranal Sereno to…
PAL adding two Boeing 777-300ERs to fleet
By Azer N. Parrocha MANILA, June 19 (PNA) — Flag carrier Philippine Airlines (PAL) on Friday said it is set to acquire two more B777-300ERs to ramp up its long-haul operations. The…
Hedcor’s 14-MW Sabangan hydroelectric power plant starts commercial operations
MANILA, June 19 (PNA) – Hedcor, a wholly-owned subsidiary of Aboitiz Power Corp., has started the commercial operations of its 14-megawatt (MW) Sabangan hydroelectric power plant in Mountain Province. ”AboitizPower wholly-owned subsidiary…
Megaworld expanding leasing portfolio aggressively; targets 10% rise in core profit
By Leslie D. Venzon MANILA, June 19 (PNA) — Tycoon Andrew Tan-led property developer Megaworld Corp. is aggressively expanding its leasing portfolio to grow its rental income to Php 9 billion this…
First Gen Corporation acquires 29M preferred shares of Prime Terracota Holdings Corp
By Juzel L. Danganan MANILA, June 19 (PNA) – First Gen Corporation has acquired 29 million series B preferred shares of Prime Terracota Holdings Corp., owned by the Lopez Inc. Retirement Fund…
Therma Visayas secures Php 31.9-B loan for 300-MW coal-fired power plant
By Juzel L. Danganan MANILA, June 19 (PNA) – Therma Visayas Inc. has secured loans amounting to Php 31.9 billion granted by banks for the construction of the 300 Megawatt (MW) coal-fired…
Bohol governor urges DPWH to finish Sagbayan-Danao national road
INABANGA, Bohol, June 19 (PNA) — Bohol Governor Edgar Chatto on Friday called on the Department of Public Works and Highways (DPWH) here to expedite works on the unfinished Sagbayan-Danao national highway…
DENR conducts watershed management workshop in Nueva Vizcaya
BAYOMBONG, Nueva Vizcaya, June 19 (PNA) — The Department of Environment and Natural Resources(DENR) here ended Friday its three-day workshop on sub-watershed management for affected communities in the province. The Forestland Management…