By Leslie D. Venzon MANILA, March 13 (PNA) — The Philippine government will continue pursuing reforms, including reducing further the cost of doing business, in an effort to support economic growth crucial…
First Gen profit up 64% in 2014; Avion gas-fired plant ready this year
By Leslie D. Venzon MANILA, March 13 (PNA) — First Gen Corp., the power generation firm of the Lopez Group, booked a whopping 64-percent surge in profit in 2014 on the back…
PNB ATMSafe can help bank depositors deal with ATM theft
MANILA, March 13 (PNA) — With the recent news of widespread ATM scams across the country, securing your ATM card has never been this necessary. As reported by various media outlets, hundreds…
More power plants rise in Bataan to support country’s power needs
By Ernie B. Esconde LIMAY, Bataan, March 13 (PNA) — Mayor Lilvir Roque has announced that more power plants are undergoing construction in addition to those already operational in this town to…
PHLs to host APEC Energy Ministers Meeting October 12-14
By Juzel L. Danganan MANILA, Mar 13 (PNA) — The Philippines will host the Asia-Pacific Economic Cooperation (APEC) Energy Ministers Meeting in Cebu with the theme “Towards an Energy Resilient APEC Community”…
Finance Sec. Purisima lauds SEC and CISI collaboration
MANILA, March 13 (PNA) — Finance Secretary Cesar V. Purisima lauded the agreement between the Securities and Exchange Commission (SEC) and the Chartered Institute for Securities and Investment (CISI) to explore areas…
Lower oil prices to buoy exports revenue amid strong peso
By Kris M. Crismundo MANILA, March 13 (PNA) — The decrease in oil prices that will result to lower prices of electricity and production cost to exporters will keep afloat exports revenue…
Bizmen prepares for onset of summer, peak season in Boracay
By Virgilio L. Orquiola ILOILO CITY, Mar.13(PNA)– Despite the power woes, the hotel and resort owners have doubled their preparation owing to the gradual arrival of both domestic and foreign tourists in…
Bataan mayor orders water study after free-flowing wells dry-up
By Ernie B. Esconde LIMAY, Bataan, March 13 (PNA) — Mayor Lilvir Roque of this town said Thursday that he has commissioned a water study to determine the real cause of the…
ARMM to launch a nationwide ‘call for peace’ signature drive
COTABATO CITY, March 13 (PNA) — The Autonomous Region in Muslim Mindanao (ARMM) will gather at least one million signatures to enlist the support of people nationwide to the call for peace…
Aklan’s Buruanga Port now being expanded
ILOILO CITY, March 13 (PNA) — The Philippine Ports Authority (PPA) has started the Php56 million expansion project at Port of Alegria in Buruangan, Aklan, first week of March. Situated just around…
Ombudsman tells Makati mayor to quietly vacate his office
MANILA, March 12 (PNA) — The Office of the Ombudsman (Ombudsman) on Thursday appealed to Makati City Mayor Jejomar Erwin “Junjun” Binay, Jr. to just follow the suspension order imposed on him…
Malacanang says President Aquino still trust the gov’t peace panel
By Joann Santiago MANILA, March 12 (PNA) — A Palace official on Thursday said President Benigno Aquino III’s faith on the members of the government’s peace panel remains. ”Naninindigan ang Pangulo hinggil…
Malacanang exec bats for more infra projects in PHL
By Joann Santiago MANILA, March 12 (PNA) — A Palace official on Thursday stressed the need for moreinfrastructure projects to support rising foreign direct investments (FDIs) in the country. This after the…
Paramount earmarks Php 600M for 3 residential projects in south Cebu
By Eddie O. Barrita CEBU CITY, March 12 (PNA) — Cebu-based developer Paramount Property Ventures Inc., (PPVI) has earmarked some Php 600 million for capital expenditures (capex) this year for the development…