By Leslie D. Venzon MANILA, May 11 (PNA) — Listed plastic compound and pipe manufacturer Crown Asia Chemicals Corp. (Crown) on Monday said its profit in the first quarter nearly doubled on…
DoubleDragon raises PhP5-B from notes issue to fund mall projects
MANILA, May 11 (PNA) — Listed property developer DoubleDragon Properties Corp. (DoubleDragon) has raised PhP5 billion from the issuance of corporate notes to finance its mall projects. In a disclosure to the…
PSE index ends slightly higher
MANILA, May 11 (PNA) — Share prices on the Philippine Stock Exchange (PSE) snapped a three-day decline on slight gains from Wall Street overnight. The benchmark PSE index rose 14.69 points to…
Filipino franchisers told to look at Asean markets for expansion
MANILA, May 11 (PNA) — As the country holds the Franchise Asia Philippines 2015 next month, local franchisers are urged to set their sights on other Asean markets that present very good…
PHL auto industry grows double digit in 4 consecutive months
By Kris M. Crismundo MANILA, May 11 (PNA) — The Philippines automotive industry grew anew by double-digit, a bullish performance for four consecutive months this year. Joint report of Chambers of Automobile…
‘Sabsabong Ti Mayo’ opens on May 14
BAGUIO CITY, May 11 (PNA) – Ten key cities in the north will be featured in this year’s “Sabsabong Ti Mayo” (Flowers of May), a four day festivity of culture, trade and…
DILG submits copies of one-island region IRR to Negros provinces
BACOLOD CITY, May 11 (PNA) — Copies of the draft Implementing Rules and Regulations (IRR) for the creation of the Negros Island Region (NIR) have been submitted by the Department of Interior…
DTI to hold two-day ‘Balik Eskwela Diskwento Caravan’ in Aurora
BALER, Aurora, May 11 (PNA) — The Department of Trade and Industry (DTI) will hold a “Balik Eskwela Diskwento Caravan” on May 14 to 15 in this capital town of Aurora where…
Guimaras gov wants dialogue on ferry terminal project
ILOILO CITY, May 11 (PNA) -– Guimaras Governor Samuel Gumarin is willing to attend a dialogue and consultation with Iloilo City Mayor Jed Patrick Mabilog and Double Dragon Properties Corp. regarding the…
Nueva Vizcaya spared by drought
BAYOMBONG, Nueva Vizcaya, May 11 (PNA) — Despite the drought sweeping across the country, this province’s major agricultural production remained stable. Alexander Domingo, provincial agriculturist, said the dry spell barely affected the…
Nueva Vizcaya, Benguet solons push for road maintenance fund bill for barangays
BAYOMBONG, Nueva Vizcaya, May 11 (PNA) — Two solons in Northern Luzon have expressed their intention to support the maintenance of roads in the barangays by filing a bill that will reinforce…
Sandiganbayan gets new Associate Justice
By Joann Santiago MANILA, May 9 (PNA) — President Benigno Aquino III has appointed Sarah Jane T. Fernandez as Associate Justice of the Sandiganbayan. She replaced former Sandiganbayan Justice Gregory Long. Deputy…
UN-initiated panel starts consultations to improve global response to public health crisis
UNITED NATIONS, May 9 (PNA/Xinhua) — A UN-initiated panel started wide consultations this week to gather lessons learned from Ebola crisis, with an aim to improve local and global response to prevent…
Canada, Philippines reach new initiatives for closer ties
OTTAWA, May 9 (PNA/Xinhua) — Canadian Prime Minister Stephen Harper and President of the Philippines Benigno Aquino III Friday announced new initiatives to further strengthen relations between the two countries. The initiatives…
Cebu-based firm eyes 25-30 ships yearly output
By Eddie O. Barrita CEBU CITY, May 9 (PNA) — Cebu-based Tsuneishi Heavy Industries (Cebu) Inc. (THICI) has envisioned an average production of 25 to 30 ships a year, an official said….