MANILA, March 30 (PNA) — The Philippine government on Monday belied reports that it has proposed to drop its claim on Sabah in exchange for Malaysia’s support on its arbitration case against…
New world-class airport to rise in Panglao Island, Bohol by 2017; construction starts this summer
By Azer N. Parrocha MANILA, March 30 (PNA) –A new world-class airport will rise in Panglao Island in Bohol by 2017, Department of Transportation and Communications (DOTC) Secretary Joseph Emilio Abaya said…
Drought damages Php129.4-M worth of crops, fishery products in Zambo City
ZAMBOANGA CITY, March 30 (PNA) – Mayor Ma. Isabelle Climaco-Salazar has ordered the Office of the City Agriculture to expedite measures to help the farmers affected by the long dry spell. Salazar’s…
Window dressing, strong macroeconomic fundamentals drive PSEi to 22nd record close
MANILA, March 30 (PNA) — The local stock market surged to a new record for a third day in a row on Monday, climbing near 7,900 for the first time, on the…
ACR sees Php 6.1-B revenues in 2015
By Juzel L. Danganan MANILA, March 30 (PNA) — Alson’s Consolidated Resources Inc. (ACR) expects its revenues to increase to Php 6.1 billion this year with the commercial operations of the first…
Hot money inflows to the PHL remain strong –BSP
By Joann Santiago MANILA, March 30 (PNA) — Foreign investors continue to place their funds in the Philippines, reinforcing economic managers’ confidence that the country remains attractive to offshore investors. Bangko Sentral…
DOJ finds probable cause to indict Napoles couple for PhP61.18-M tax evasion
MANILA, March 30 (PNA) — The Department of Justice (DOJ) said it has found probable cause to indict businesswoman Janet Lim Napoles and her husband, Jaime Napoles, before the Court of Tax…
Group eyes PHL as premium travel destination
By Kris M. Crismundo MANILA, March 30 (PNA) — S8 Exhibition Inc., a business group of some of the biggest travel agencies in the Philippines, eyes the country to be a high…
2 Iloilo-Bacolod fast crafts suspend trip on Good Friday
ILOILO CITY, March 30 (PNA) -– Two fast crafts plying the Iloilo City to Bacolod City route have already notified the Maritime Industry Authority (MARINA) that they will suspend their trips in…
More tourists expected in Boracay following opening of Kalibo airport’s new wing –DOTC
By Azer N. Parrocha MANILA, March 30 (PNA) — The Department of Transportation and Communications (DOTC) said on Monday it is expecting more tourists to flock to Boracay in Aklan this summer…
TF Asis starts demolition of river establishments by April 30
ILOILO CITY, March 30 (PNA) – At least three business establishments by the riverbanks of the Iloilo River were given a demolition reprieve by more than a month after city mayor Jed…
Leyte gov’t pushes economic development programs in villages
TACLOBAN CITY, March 30 (PNA) -– The Leyte provincial government is pushing for economic development initiatives in poorest villages to curb worsening poverty in Eastern Visayas. Leyte Governor Leopoldo Dominico L. Petilla…
Proposed Archipelagic Sea Lanes statute for 3rd reading passage
MANILA, March 29 (PNA) — The House of Representatives, come resumption of session in May, is set to approve on final reading the proposed law providing the parameters for the establishment of…
TESDA chief tells youth to ‘shoot for your dreams’
MANILA, March 29 (PNA) — Technical Education and Skills Development Authority (TESDA) Director General Joel Villanueva has once again put his well-reputed basketball skills on the line in an effort to woo…
One-way traffic to Baguio at Kennon Road during Holy Week –DPWH
MANILA, March 29 (PNA) — To shorten the travel time of vacationers spending the Holy Week in Baguio City, the summer capital of the country, the Department of Public Works (DPWH) is…