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Power business lifts Aboitiz Equity Ventures Q1 profit by 7%

Posted on May 8, 2015

MANILA, May 8 (PNA) — Listed conglomerate Aboitiz Equity Ventures posted a seven-percent increase in profit in the first quarter of 2015 on the back mainly of its power business. Its net…

Philex Mines now IMS certified

Posted on May 8, 2015

BAGUIO CITY, May 8 (PNA) –- Philex Mining Corporation has complied with Administrative Order 2015-07 of the Department of Environment and Natural Resources (DENR) mandating large scale mining companies to secure international…

Vigan officially inaugurated as among ‘New7Wonders Cities’ of the world

Posted on May 8, 2015

By Azer N. Parrocha MANILA, May 8 (PNA) — Nearly five months after being declared one of the cities among the New7Wonders Cities of the world, the heritage city of Vigan in…

Only 20 LGUs in Cebu have evacuation plans – DILG

Posted on May 8, 2015

CEBU CITY, May 8 (PNA) — Only 20 local government units (LGUs) in Cebu have crafted an emergency evacuation plan in the event of disasters, a Department of Interior and Local Government…

Davao City wins Presidential Award as ‘Most Child Friendly City’

Posted on May 8, 2015

DAVAO CITY, May 8 (PNA) — Davao City bagged the Presidential Award as the Most Child Friendly City under the highly-urbanized city category. This is the second in a row for the…

OCD reiterates ‘zero casualty’ policy during calamities

Posted on May 8, 2015

TUGUEGARAO CITY, May 8 (PNA) — Office of the Civil Defense (OCD)-Region 2 Director Norma Talosig and chair of the Regional Disaster Risk Reduction Management Council (RDRRMC) has reiterated to all disaster…

Sta. Barbara town receives P110M worth of infra projects

Posted on May 8, 2015

ILOILO CITY, May 8 (PNA) –- Sta. Barbara town in Iloilo’s second district received P110 million worth of infrastructure projects as direct benefits from the national government for being the site for…

Charges of large scale illegal recruitment filed vs couple recruiter of Mary Jane Veloso

Posted on May 8, 2015

STO. DOMINGO, Nueva Ecija, May 8 (PNA) — The Department of Justice (DOJ) on Friday formally filed charges of large scale illegal recruitment against couple Ma. Cristina Sergio and Julius Lacanilao, both…

Bicol’s indigent elderly get Php50M in additional social pension fund

Posted on May 8, 2015

By Danny O. Calleja LEGAZPI CITY, May 8 (PNA) – Over 8,300 indigent senior citizens in Bicol are going to benefit from the nearly Php50 million in newly-released national government fund for…

2 senators push Charter change through Con-con

Posted on May 7, 2015

By Jelly F. Musico MANILA, May 7 (PNA) — Senators Teofisto Guingona III and Aquilino “Koko” Pimentel III have jointly filed resolution seeking to amend the 1987 Constitution through a Constitutional Convention…

PHL posts increase in GIR to US$ 80.8-B in April ‘15

Posted on May 7, 2015

By Joann Santiago MANILA, May 7 (PNA) — The Philippines continues to enjoy large foreign reserves, which as of April 2015 stood at US$ 80.8 billion, slightly up against month-ago’s US$ 80.5…

President Aquino meets with Filipino community in Chicago, reports positive changes in the Philippines

Posted on May 7, 2015

CHICAGO, Illinois, May 7 (PNA) — President Benigno S. Aquino III on Wednesday afternoon (Thursday in Manila) reported to the Filipino community here some of the positive developments in the Philippines, saying…

Business sector supports BBL; points out 13 potential economic issues

Posted on May 7, 2015

By Ma. Cristina C. Arayata MANILA, May 7 (PNA) — The business sector expressed support for the passage of the Basic Bangsamoro Law (BBL) during the first public presentation of the Report…

PHL an outlier in Asia — IMF exec

Posted on May 7, 2015

By Joann Santiago MANILA, May 7 (PNA) — Philippines’ domestic fundamentals will continue to be the country’s strong wall against the slowdown in global growth, International Monetary Fund (IMF) Resident Representative to…

DOJ orders filing of criminal raps vs. Veloso’s recruiters

Posted on May 7, 2015

By Perfecto T. Raymundo MANILA, May 7 (PNA) — The Department of Justice (DOJ) has ordered the filing of criminal cases in court against the suspected recruiters of Mary Jane Veloso. The…

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