By Jelly F. Musico MANILA, May 7 (PNA) – Amid China’s massive reclamation and dredging operations in the disputed West Philippine Sea (WPS), the Philippines’ foreign affairs department has said China is…
PHL rises 8 places in WEF’s 2015 Travel and Tourism Competitiveness report
By Azer N. Parrocha MANILA, May 7 (PNA) — Thanks to the prioritization of travel and tourism in the country, the Philippines ranked 74th out of 141 countries in the World Economic…
8 Filipino firms lands Forbes list for 2,000 publicly listed companies for 2015
By Juzel L. Danganan MANILA, May 7 (PNA) -– Eight Filipino firms have been featured among Forbes’ list for the top 2,000 listed companies for 2015. According to Forbes’ 2000 Biggest Public…
Quest to protect Cleopatra’s Needle in Palawan for indigenous communities stumbles on exciting findings
By Jonah van Beijnen PUERTO PRINCESA CITY, May 7 (PNA) — The lush island province of Palawan (approximately 12,000 km2) is located in the southwest of the Philippines. Due to a relatively…
DA official says feed industry vital to attaining food safety, competitiveness in AEC
By Cielito M. Reganit MANILA, May 7 (PNA) — A Department of Agriculture official on Thursday cited the importance of the feed industry in ensuring food safety, particularly in meat, as a…
San Miguel Pure Foods profit up 7% in Q1
MANILA, May 7 (PNA) — San Miguel Pure Foods Company Inc. (SMPFC) posted a seven-percent surge in profit in the first quarter of 2015 on the back of higher volumes and better…
PSE index extends slump
MANILA, May 7 (PNA) — Local share prices retreated along with other Asian markets after Federal Reserve Chair Janet Yellen warned of the risks from “quite high” stock prices but are not…
Globe, Disney seal deal to provide Filipinos with Disney movies, games
MANILA, May 7 (PNA) — Telco giant Globe Telecom on Thursday announced that it has sealed a multi-year deal with Walt Disney Company Southeast Asia to provide Filipinos with digital content featuring…
PHL needs to address constraints to sustain economic growth
By Kris M. Crismundo MANILA, May 7 (PNA) — The Philippines remains to be an investment destination in the region with its economic development, however, key constraints should be address in order…
Higher loans, deposits growth boost Security Bank Q1 profit by 135%
MANILA, May 7 (PNA) — Publicly-listed Security Bank Corp. booked a whopping 135-percent surge in profit in the first quarter of 2015, boosted by higher loans and deposits growth. In a disclosure…
Mining companies paid PHP14.5-B taxes in 6 years, says MGB
BAGUIO CITY, May 7 (PNA) -– In terms of taxes, mining companies operating in the Cordillera Administrative Region (CAR) contributed more than PhP14.55 billion to the national coffers in six years, data…
Cebu City to get hybrid road train ahead of the PHP10.6B BRT
CEBU CITY, May 7 (PNA) — Cebu City will get a hybrid electric road train ahead of the PHP10.6-billion Bus Rapid Transit (BRT) mass transport system, officials said. Cebu City Mayor Michael…
Rural barangay in Bacolod declared eco-tourism village
BACOLOD CITY, May 7 (PNA) — Alangilan, a rural barangay in the eastern part of this city with several tourist attractions, has been declared eco-tourism village by the Sangguniang Panlungsod. Councilor Archie…
Capul: A tiny island with lots of surprises
by Vicky C. Arnaiz CAPUL, Northern Samar, May 7 (PNA) – This tiny island in the northern tip of Northern Samar has been visited recently by foreign tourists on a cruise aboard…
Tacloban airport passenger traffic posts 19.6% growth
By Sarwell Q. Meniano TACLOBAN CITY, May 7 (PNA) – Passenger traffic at the Daniel Z. Romualdez Airport, which is the gateway to Eastern Visayas, rose 19.6 percent during the first quarter…