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Boracay is Malaysia’s 2015 beach destination

Posted on March 11, 2015

By: Michaela del Callar MANILA, March 11 (PNA) — Boracay, world-famous for its azure waters and powdery white sand, has been declared a favorite beach destination for 2015 by Malaysia’s Association of…

Antique wants a slice of tourism pie

Posted on March 11, 2015

ILOILO CITY, March 11 (PNA) — The province of Antique is appealing to the Department of Tourism (DOT) to be given the chance to show-off its natural and man-made tourism attractions which…

Aboitiz Power 2014 net income down 10% from Php18.6-B in 2013 to 16.7-B

Posted on March 11, 2015

MANILA, March 11 (PNA) — Aboitiz Power Corporation’s (APC’s) net income went down by 10 percent from Php 18.6 billion in 2013 to Php 16.7 billion in 2014. “APC reported a percent…

Registering for GIs on local goods, services improve PHL export value to EU

Posted on March 11, 2015

By Kris M. Crismundo MANILA, March 11 (PNA) — The Philippines must prepare its goods and services to be registered for geographical indications (GIs) in order for the country to improve export…

PHL stocks slip below 7,800 after Wall Street decline

Posted on March 11, 2015

By Leslie D. Venzon MANILA, March 11 (PNA) –- The local stock market fell below 7,800 level on Wednesday, dragged down by Wall Street’s decline overnight, as investors were worried about rising…

Shell to explore options on Pandacan

Posted on March 11, 2015

By Juzel L. Danganan MANILA, March 11 (PNA) — Shell Companies in the Philippines (SCIP) said Wednesday it will explore legal options on the Supreme Court’s (SC) final decision regarding the Pandacan…

IT-BPM industry speaks on incentives rationalization

Posted on March 11, 2015

By Kris M. Crismundo MANILA, March 11 (PNA) — The information technology-business process management (IT-BPM) industry has its position on the rationalization of fiscal incentives being pushed by the Committee on Ways…

Globe leads PHL broadband with 22% revenue growth

Posted on March 11, 2015

By Azer N. Parrocha MANILA, March 11 (PNA) — Broadband revenues of Ayala-led Globe Telecom Inc. (Globe) rose to Php 12.7 billion last year, up by 22 percent from Php 10.4 billion…

Malacanang vows continued efforts to ensure safety of all Filipinos

Posted on March 11, 2015

By Joann Santiago MANILA, March 11 (PNA) — The Palace on Wednesday said ensuring the safety of every Filipino is on top of the Aquino administration’s priority. ”(The) Government is determined to…

PHL needs to address “brain drain” issue to raise productivity

Posted on March 11, 2015

By Kris M. Crismundo MANILA, March 11 (PNA) — The Philippines is urged to address migration of its labors, particularly professionals, in order to improve the country’s labor productivity, the First Quarter…

Members of the 1986 Constitutional Commission support Bangsamoro Basic Law provisions

Posted on March 5, 2015

MANILA, March 5 (PNA) — The Palace said on Thursday that 14 members of the 1986 Constitutional Commission have agreed that the proposed Bangsamoro Basic Law (BBL) follows the 1987 Constitution’s provisions…

National Museum verifying discovery of sunken Japanese battleship

Posted on March 5, 2015

By Jelly F. Musico MANILA, March 5 (PNA) – The National Museum and other concerned government agencies are now verifying the reported discovery of the sunken Japanese battleship Musashi by the group…

Baseless accusations won’t affect determination of gov’t to push peace process – Palace

Posted on March 5, 2015

By Jelly F. Musico MANILA, March 5 (PNA) – Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma Jr. on Thursday said baseless accusations will not affect the determination of President Benigno Aquino…

Musashi sunk during opening phase of American efforts to liberate the Philippines from Japanese occupation

Posted on March 5, 2015

By Priam F. Nepomuceno MANILA, March 5 (PNA News Feature) — With the country about to celebrate the 73rd anniversary of the fall of Bataan this coming April 9, it is only…

Philippines needs credible regulatory structure to lure investment in public-private partnership projects, says foreign expert

Posted on March 5, 2015

TAGAYTAY CITY, Cavite, March 5 (PNA) — The Philippines must develop a credible and independent regulatory regime to attract the private sector to invest in major public- private partnership (PPP) projects, a…

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