MANILA, March 19 (PNA) — Around 78 international organizations appealed to members of the Philippine Congress for the passage of the proposed Bangsamoro Basic Law (BBL). “We, the undersigned organizations condemn this…
Philippines urges ASEAN to rally behind BBL
CEBU CITY, March 19 (PNA) — Secretary Teresita Quintos-Deles of the Office of the Presidential Adviser on the Peace Process is asking the Association of Southeast Asian Nations (Asean) countries to support…
Malacanang exec says plans in place to address dislocation of teachers due to K-12 program
By Joann Santiago MANILA, March 19 (PNA) — A Palace official on Thursday reiterated that the government has already outlined contingency plans to address dislocation of Higher Education Institutions (HEIs) educators vis-à-vis…
ASEAN can drive global economic growth
KUALA LUMOUR, March 19 (PNA/Bernama) — Sustainable ASEAN economies could attract substantial foreign direct investments (FDIs) to the region, thus driving global economic growth, says Treasury Secretary General Tan Sri Dr Mohd…
Palace official vows sustained efforts to fuel PHL’s economic growth
By Joann Santiago MANILA, March 19 (PNA) — A Palace official on Thursday said fiscal reforms and efforts to further improve Philippines’ competitiveness will continue to be implemented to sustain the economy’s…
Megaworld to build 2 Bacolod townships for Php35-B
MANILA, March 19 (PNA) — Listed property developer Megaworld Corp. is investing Php35 billion in the next 10 years to build two townships in Negros Occidental. In a statement to the Philippine…
PSE index regains 7,800 level on Fed’s interest rates stance
MANILA, March 19 (PNA) –- The local stock market rallied back to the 7,800-mark on Thursday along with global markets, as investors cheered the Federal Reserve’s statement that indicated a slower pace…
PHL eyes reforms to boost infrastructure, social services spending
MANILA, March 19 (PNA) — The government aims to implement more effectively the reforms and strategies that will fast-track procurement of infrastructure and social services to promote efficient spending which is crucial…
Emergency power for PNoy is dead
By Sammy F. Martin MANILA, March 18 (PNA) — The chairman of the House Committee on Energy admitted on Wednesday that no additional power for President Aquino to address the expected power…
SC defers ruling on whether to stop K-12 program or not
By Perfecto T. Raymundo MANILA, March 18 (PNA) — The Supreme Court (SC) has deferred its ruling on whether or not it will stop the implementation of the K-12 program, a national…
Manufacturing jobs drive inclusive growth
By Kris M. Crismundo MANILA, March 17 (PNA) — A total of 37.45 million Filipinos were employed in January 2015, or 1.04 million more than the 36.4 million employed in the same…
De Lima: Responsibility in every aspect of the Mamasapano incident shouldn’t be blamed on President Aquino
By Perfecto T. Raymundo Jr. MANILA, March 18 (PNA) — Department of Justice (DOJ) Secretary Leila M. De Lima said on Wednesday President Benigno S. Aquino III should not be held responsible…
Economic managers cite Fitch’s new affirmation of PHL’s credit ratings
By Joann Santiago MANILA, March 18 (PNA) — Philippine economic officials on Wednesday hailed Fitch Ratings affirmation of the country’s credit ratings. This after the debt watcher affirmed the country’s ‘BBB-‘ long-term…
Metro Manila minimum wage now at Php 481 after Php 15 increase
MANILA, March 18 (PNA) — Labor and Employment Secretary Rosalinda Dimapilis-Baldoz, Chairperson of the National Wages and Productivity Commission (NWPC) said a new pay raise for over half-a-million minimum wage earners—587,000—in NCR,…
Fitch Ratings affirms ‘BBB’ ratings on PHL
By Joann Santiago MANILA, March 18 (PNA) — Fitch Ratings on Wednesday affirmed its investment grade ratings on the Philippines on the back of sustained improvement in the country’s economic fundamentals. To…