By Juzel L. Danganan LAOAG, Ilocos Norte, Feb. 12 (PNA) –Revenues of Phoenix Petroleum Philippines fell to Php 34.7 billion in 2014, down 20 percent from Php 43.55 million the previous year,…
Davao Suntrust eyes P2B condo sales in 2015
By Lovely A. Carillo DAVAO CITY, Feb. 12 (PNA) — Suntrust Properties, Inc., a 100-percent-owned subsidiary of Megaworld, is eyeing at least P2 billion in the sales of its residential condominium One…
Y&R Phils posts record year with 80% in new business
MANILA, Feb. 12 (PNA) — Y&R Philippines Inc., one of the country’s leading integrated marketing communications (IMC) agencies, had a banner year in 2014 after posting a record 80 percent in new…
Palawan to welcome maiden PAL flight with estimated 168 passengers from Taiwan
By Celeste Anna R. Formoso PUERTO PRINCESA CITY, Feb. 12 (PNA) — The City Tourism Department (CTD) here is thrilled to welcome Friday morning the Philippine Airlines’ (PAL) maiden flight that would…
Vigan conservation complex nears completion
VIGAN CITY, Ilocos Sur, Feb. 12 (PNA) — A one-stop shop conservation complex is expected to be completed early this May in time for the official inauguration of Vigan City as a…
Majority of troops fighting Ebola outbreak in West Africa to return – DoD
WASHINGTON, Feb. 11 (PNA/Sputnik) — The United States will return most of its military personnel located in West Africa helping to fight the Ebola outbreak since being deployed to the region in…
U.N. council set to vote Feb 12 on Russia’s resolution curbing Islamic State cash flow
UNITED NATIONS, Feb. 11 (PNA/TASS) — The United Nations Security Council will vote on Thursday on a draft resolution intended to increase pressure on governments to cut off the cash flow to…
Malacanang still hopeful for BBL deliberations after Mamasapano hearings
By Joann Santiago MANILA, Feb. 11 (PNA) — The Palace is expectant that the House of Representatives and the Senate hearings on the Mamasapano incident will shed light on the issue and…
LandBank hits Php 1-trillion asset mark
By Joann Santiago MANILA, Feb. 11 (PNA) — The Land Bank of the Philippines capped 2014 on a high note with Php 1.051 trillion in assets, a hefty 25 percent increase from…
Do not make Bangsamoro Law sacrificial lamb in Mamasapano probe — Muslim solons urge colleagues
MANILA, Feb. 11 (PNA) — Muslim lawmakers on Wednesday appealed to their colleagues to remain rational and not let emotions run high as the House of Representatives started its probe in the…
Security Bank gets BSP nod to buy all assets of acquired thrift bank
By Leslie D. Venzon MANILA, Feb. 11 (PNA) — The Bangko Sentral ng Pilipinas (BSP) has allowed Security Bank Corp. (SBC) to buy all the assets of Security Bank Savings Corp. (SBS)…
ERC approves Php 2.3-B NGCP Malita-Matanao transmission line project
By Juzel L. Danganan MANILA, Feb. 11 (PNA) — The Energy Regulatory Commission (ERC) has approved the National Grid Corp. of the Philippines’ (NGCP’s) Malita-Matanao transmission line project, which runs from Davao…
Drilon, Marcos make commitment to pursue peace process with MILF
By Jelly F. Musico MANILA, Feb. 11 (PNA) – Senate President Franklin Drilon on Wednesday admitted that passing the proposed Bangsamoro Basic Law (BBL) has become more complicated but agreed with Senator…
Govt implements preventive measures after report of MERS-CoV infection
MANILA, Feb. 11 (PNA) — President Benigno S Aquino III has directed Acting Health Secretary Janette Garin to carry out the necessary preventive measures after a nurse from Saudi Arabia tested positive…
Pilot test for ‘express bus system’ set March 16
MANILA, Feb. 11 (PNA) – Pilot testing of the express bus system is set on March 16 to determine its potential benefits to commuters. The express bus system is a joint project…