BUTUAN CITY, June 2 (PNA) — Eleven schools in Caraga region have now the globally recognized digital science library developed by the Department of Science and Technology-Science and Technology Information Institute (DOST-STII),…
CAMPI welcomes EO for new car perks regime
MANILA, June 2 (PNA) — The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has welcomed Executive Order No. 182 which implements the Comprehensive Automotive Resurgence Strategy (CARS) Program signed by…
PHL insurance industry posts 32.52% net income hike in Q1 ’15
By Joann Santiago MANILA, June 2 (PNA) — The Philippines’ insurance industry posted a 32.52 percent year-on-year expansion in net income in the first quarter of 2015. Insurance Commission (IC) preliminary data…
Vista Land okays tender offer for USD 450-M notes issued by subsidiary
By Leslie D. Venzon MANILA, June 2 (PNA) — Listed property developer Vista Land & Lifescapes Inc. on Tuesday said its board approved wholly-owned subsidiary VLL International, Inc.’s (VLLI) offer to buy…
PSEi slumps to 7,551
MANILA, June 2 (PNA) — Local share prices fell sharply again in thin trading to the 7,500 level on Tuesday after the Federal Reserve made indications toward an interest rate hike. The…
Obama urges China to stop reclamation in disputed S. China Sea waters
By Kakumi Kobayashi WASHINGTON, June 2 (PNA/Kyodo) — U.S. President Barack Obama urged China on Monday to stop its massive reclamation projects in disputed areas in the South China Sea, calling them…
Meeting between President Aquino and Prime Minister Abe of Japan to center on South China Sea issues
TOKYO, Japan, June 2 (PNA) — The meeting between President Benigno S. Aquino III and Japanese Prime Minister Shinzo Abe will center on concerns about the South China Sea and other bilateral…
Japan to employ more English-speaking Filipino teachers, says envoy
TOKYO, Japan, June 2 (PNA) — Japan will soon hire more English-speaking teachers and other professionals from the Philippines, Philippine Ambassador to Japan Manuel Lopez has said. “We are starting to send…
Business meetings predominate President Aquino’s four-day trip to Japan
TOKYO, Japan, June 2 (PNA) — A series of meetings with top executives of various Japanese conglomerates and trade organizations makes up the majority of President Benigno S. Aquino III’s official itinerary…
Ata Manobo kids fail to enroll following DepEd’s closure of IP school in Davao Norte town
DAVAO CITY, June 2 (PNA) — Over a thousand Ata Manobo kids in remote Talaingod area in Davao del Norte failed to enroll for the school year following the closure of their…
PHL to continue pursuing economic reforms to speed up spending, boost economic growth –NEDA
By Leslie D. Venzon MANILA, June 2 (PNA) — The Philippine government will continue to aggressively pursue economic reforms especially in public financial management to speed up spending and stimulate economic growth…
Comelec approves Php 14.6-B budget for AES bidding
By Ferdinand G. Patinio MANILA, June 2 (PNA) — The Commission on Elections (Comelec) has approved Php 14.6 billion budget for the conduct of parallel bidding on automated election system (AES) that…
ASEAN set to become Asia’s next low-cost Manufacturing Powerhouse
KUALA LUMPUR, June 2 (PNA/Bernama) — ASEAN is poised to become Asia’s next low-cost manufacturing powerhouse as wages in China’s Pearl River Delta (PRD) factory belt continue to creep up, said an…
CARS program to contribute 1.7% in domestic expansion -Valte
By Joann Santiago MANILA, June 2 (PNA) — The government’s Comprehensive Automotive Resurgence Strategy (CARS) program is seen to contribute about 1.7 percent of domestic output, Deputy Presidential Spokesperson Abigail Valte said…
SMC, Ayala-Metro Pacific keen on Php170-B PPP Manila-Legazpi south line railway project
LEGAZPI CITY, June 2 (PNA) — The Php 170-billion South Line Railway project under a Public-Private-Partnership scheme is open for investors, Albay Gov. Joey Sarte Salceda said Tuesday. Salceda said the Department…