By Jason de Asis CABIAO, Nueva Ecija, Feb. 13 (PNA) — A dying 39-hectare lake, which used to be a rich fishing ground among local folks here, will be converted into a…
‘At 20, Apayao is ready to stand out,’ says governor Bulut
By Leilani G. Adriano LUNA, Apayao, Feb. 13 (PNA) — Over the years, the country’s youngest province of Apayao struggled to make its presence felt in the region. “At 20, Apayao is…
Trans-Asia surrenders Benguet Hydropower Service Contract to DOE
By Juzel L. Danganan MANILA, Feb. 13 (PNA) -– Trans-Asia Oil and Energy Development Corporation has surrendered its 10-megawatt (MW) Benguet Hydropower Service Contract (SC) with the Department of Energy (DOE). ”Please…
Life insurance industry posts rise in ’14 net income
By Joann Santiago MANILA, Feb. 13 (PNA) — Net income of the Philippines’ life insurance industry further expanded in 2014 as more Filipinos realize the importance of having peace of mind during…
PSE index hits 10th record high
By Leslie D. Venzon MANILA, Feb. 13 (PNA) –- Local share prices continued their bull run and closed to their tenth record high this year near 7,800 on Friday, as investors cheered…
CA orders inspection of PHC books
By Perfecto T. Raymundo MANILA, Feb. 13 (PNA) — The Court of Appeals (CA) has upheld the ruling of a Makati City Regional Trial Court (RTC) ordering the inspection of books of…
President Aquino signs into law bill raising ceiling on tax exemptions on bonuses
MANILA, Feb. 12 (PNA) — President Benigno S. Aquino III has signed into law the bill raising the ceiling on tax exemptions on bonuses, a Palace official announced on Thursday. “According to…
PSE index surges anew above 7,700
By Leslie D. Venzon MANILA, Feb. 12 (PNA) –- The local stock market surged and regained the 7,700 level on Thursday after the central bank decided to maintain its key policy rates….
Deles: Best way to disconnect legitimate rebel movements from terrorist groups is thru peace process
MANILA, Feb 12 (PNA) — Presidential Adviser on the Peace Process Teresita Quintos Deles on Thursday emphasized that the best way to disassociate legitimate revolutionary movements such as the Moro Islamic Liberation…
EDC may provide 154 MW of capacity for summer months
By Juzel L. Danganan LAOAG, Ilocos Norte, Feb 12 (PNA) — Energy Development Corporation (EDC) may likely supply 154 Megawatts (MW) of capacity for the summer months, with its two Burgos Power…
PHL fundamentals to stand out anew in case of extreme volatility in global economy
By Joann Santiago MANILA, Feb. 12 (PNA) — Continued improvement of Philippines’ fundamentals are expected to make the country stand out anew once the possible volatility in the global financial market materializes…
Thousands of Mindanaoans call for passage of BBL; rage against all-out-war
COTABATO CITY, Feb. 12 (PNA) — About 20,000 peace activists converged at the plaza here recently as part of simultaneous peace rallies in support of the passage of the Bangsamoro Basic Law…
BSP cuts ’14, ’15 inflation forecasts
By Joann Santiago MANILA, Feb. 12 (PNA) — Combined effects of drop in the international oil prices, stronger peso, and lower–than-expected global economic output made Philippine monetary officials cut their inflation projections…
Palace: AFP ready to crush coup plotters
MANILA, Feb. 12 (PNA) — Malacanang on Thursday assured the Filipinos that the military is ready to face threats to national security. Presidential Communications Operations Office (PCOO) head Herminio Coloma Jr. stressed…
Reported atrocities cannot be immediately blame on MILF –-Iqbal
By Jelly F. Musico MANILA, Feb. 12 (PNA) – Bangsamoro Transition Commission (BTC) Chairman Mohagher Iqbal said on Thursday it would be unfair to immediately blame on the Moro Islamic Liberation Front…