CATICLAN, April 21 (PNA) — Wholesale Electricity Spot Market (WESM) operator, Philippine Electricity Market Corporation (PEMC) is seeking legal options on the blocked Php234.9 million fine for Therma Mobile Inc’s (TMO) non-dispatch…
PTT opens 10th service station in Cebu
MANILA, April 21 (PNA) — PTT Philippines has opened a new service station in Cebu, bringing to 10 the number of Thai oil firm’s stations in the province. A fourth PTT service…
Measure lowering income tax rate moved to December– Quimbo
MANILA, Apr. 21 (PNA) — Markina City Rep. Miro Quimbo on Tuesday said that the target approval date of the measure lowering individual income tax rate has been moved to December. During…
PHL stocks fall for 3rd day
MANILA, April 22 (PNA) — Local share prices extended their losing streak for a third day on Tuesday amid lack of leads. The barometer Philippine Stock Exchange index (PSEi) declined 18.33 points…
Century Properties developing Php20-B integrated resort project in Palawan
By Leslie D. Venzon MANILA, April 21 (PNA) — Century Properties Group Inc. is pouring in Php20 billion in investments in the next 10 years to transform a 56-hectare beachfront land into…
PHL urged to focus on improving business climate to attract FDIs
By Kris M. Crismundo MANILA, April 21 (PNA) — The Philippines is urged to further improve its business climate in order to attract more foreign direct investments (FDIs) particularly in the manufacturing…
Ayala Land to invest Php16-B for mixed-use dev’t in Global City
By Leslie D. Venzon MANILA, April 21 (PNA) — Property giant Ayala Land Inc. (ALI) is investing Php16 billion over the next six years for a mixed-use development in Bonifacio Global City,…
DPWH opens better access road in Bukidnon’s largest flower sanctuary
By Ferdinand G. Patinio MANILA, April 21 (PNA) — Aside from providing easy transportation of people and goods in the provincial capital of Bukidnon, the completion of P150 million access road project…
Bataan gears up for APEC senior finance officials meeting in June
BALANGA CITY, Bataan, April 21 (PNA) — Preparations are in full swing for the upcoming Asia Pacific Economic Cooperation (APEC) meetings set to be held in the picturesque Las Casas Filipinas de…
Labor Day Job Fair pre-registration at SM City Calamba
By Sol Luzano CALAMBA CITY, Laguna April 21 (PNA) — The Department Of Labor and Employment (DOLE) CALABARZON Public Employment Services Office (PESO)- Calamba and SM City will jointly hold a Mega…
Bridge for Leyte road work begins
ORMOC CITY, April 21 (PNA) — The Department of Public Works and Highways (DPWH) has begun work on a bridge that would serve as a vital link to the ongoing Albuera-Burauen Road…
Adopt-a-school program distributes 70 computer sets
ILOILO CITY, April 21 (PNA) -– The adopt-a-school program of Iloilo board member Carmen Rita Monfort-Bautista has already distributed 70 computer sets in various schools in Iloilo’s 4th district. Bautista launched the…
Palace emphasizes necessity of implementing K to 12 program
MANILA, April 20 (PNA) — The Palace on Monday reiterated the necessity of implementing the K to 12 basic education program in enhancing the competitiveness of the Filipino workforce in the global…
PHL posts USD244-M BoP deficit in March ’15, end-March still at surplus of USD877-M
By Joann Santiago MANILA, April 20 (PNA) — Payments by the national government of its liabilities resulted to a USD 244 million balance of payment (BoP) deficit for the Philippines in March…
3 oil companies to increase pump prices of gas at P1.45/ltr, diesel P1/ltr Tuesday
By Juzel L. Danganan MANILA, Apr 20 (PNA) –- Three oil companies will increase pump prices of gas at Php 1.45 per liter and diesel at Php 1 per liter. Phoenix Petroleum…