JORDAN, Guimaras, Nov. 11 (PNA) — Provincial Governor Samuel Gumarin delivered his second State of the Nation address (SOPA) on Tuesday which boasted of the gains of the local tourism industry. The…
Palace says government still focused on rehab and reconstruction programs for Typhoon Yolanda (Haiyan) victims
By Joann Santiago MANILA, Nov. 10 (PNA) — A Palace official on Tuesday said that government is fully focused on the rehabilitation and reconstruction programs for Typhoon Yolanda (Haiyan) victims as survivors…
President Aquino inspects APEC events venues
By Joann Santiago MANILA, Nov. 10 (PNA) — President Benigno Aquino III on Tuesday inspected airport terminals and several venues where the remaining 2015 Asia-Pacific Economic Cooperation (APEC) meetings, which the Philippines…
Export slowdown hurts PHL peso
By Joann Santiago MANILA, Nov. 10 (PNA) — The Philippine peso touched a six-year low against the greenback Tuesday due to combination of decline in exports and resurgence of expectations for a…
Senate adopts resolution calling for Senate concurrence of any treaty ratified by President
By Jelly F. Musico MANILA, Nov. 10 (PNA) – The Senate on Tuesday adopted a resolution expressing the strong sense of the Senate that any treaty ratified by the President of the…
Pay of teachers, nurses to double under SSL 2015
MANILA, Nov. 10 (PNA) — Public school teachers and nurses will be paid twice more compared to their private counterparts under the proposed Salary Standardization Law of 2015 (SSL 2015), according to…
MMDA announces road closures in metropolis during APEC summit
MANILA, Nov. 10 (PNA) – Only a week before the special event the country is hosting, the Metropolitan Manila Development Authority (MMDA) on Tuesday announced the road closure in some areas in…
2 S. Cotabato towns under close watch due to chikungunya
GENERAL SANTOS CITY, Nov. 10 (PNA) — Health personnel in South Cotabato province are closely monitoring at least two municipalities due to the emergence of confirmed cases of the chikungunya disease in…
FDI net inflows hit USD 3-B mark in first eight months of 2015
MANILA, Nov. 10 (PNA) — Foreign direct investments (FDI) posted net inflows of USD 526 million in August 2015, an increase of 76.3 percent from the USD 299 million recorded in the…
Vista Land to acquire Starmalls; 9-month profit hits Php5-B
MANILA, Nov. 10 (PNA) — Villar-led homebuilder Vista Land & Lifescapes, Inc. (VLL) will acquire a controlling 88.25-percent stake in sister company Starmalls, Inc. from the Fine Group for Php33.53 billion, in…
Higher store sales lift 9-month profit of 7-11 licensee by 10%
By Leslie D. Venzon MANILA, Nov. 10 (PNA) — Philippine Seven Corp. (PSC), the local licensee of 7-Eleven Convenience Stores, posted a 10.1-percent surge in profit in first nine months of 2015…
Tourism receipts rose 7% to Php168.75 B in Q3 ’15
By Azer N. Parrocha MANILA, Nov. 10 (PNA) — Philippines’ visitor arrivals at the end of third quarter this year generated Php 168.75 billion in tourism receipts, up 6.99 percent from the…
SMC’s 9-month profit hits Php 26.8B
By Leslie D. Venzon MANILA, Nov. 10 (PNA) — Philippine conglomerate San Miguel Corp. (SMC) on Tuesday said its profit surged by seven percent to Php26.8 billion in first nine months of…
PHL stocks slip to 7,000-level on China weakness, US rate hike worries
MANILA, Nov. 10 (PNA) — Local share prices fell for the fifth day but stayed above 7,000-level on Tuesday, tracking the movement of markets in the region, as investors worried over China’s…
RP Energy rehabilitates Cawag Barangay Hall through ‘Kasangga Mo’
MANILA, Nov 10 (PNA) – Redondo Peninsula Energy, Inc. (RPE) has rehabilitated the “Cawag” City Hall in Subic through the “Kasangga Mo” program. Aside from the rehabilitation of the structure, RPE has…