MANILA, Nov. 4 (PNA) — Some sectors are elated over the continued drop of oil prices but some are not, including the Bureau of Customs (BOC). In general, the decline in oil…
PHL banking system remained strong amid negative external environment in H1 ’15
By Joann Santiago MANILA, Nov. 4 (PNA) — Resiliency and strength of the Philippines’ financial system remain intact amidst the negative external environment. According the Bangko Sentral ng Pilipinas (BSP), the banking…
AES starts construction of 10-MW energy storage
By Juzel L. Danganan MANILA, Nov 4 (PNA) – AES Philippines said Wednesday it has started the construction of a 10-megawatt (MW) energy storage facility in Masinloc, Zambales. The facility, which is…
Negosyo Center sets series of trainings in Zamboanga City
ZAMBOANGA CITY, Nov. 4 (PNA) -– The Negosyo Center, in keeping with its mandate, has lined up series of trainings for this month in this city. The Center’s mandate is to provide…
Property developer Italpinas sees profits doubling in 2016
By Leslie D. Venzon MANILA, Nov. 4 (PNA) — Property developer Italpinas Development Corp. (IDC), which is planning to list in the local bourse next month, expects to almost double its profits…
Banking, property businesses lift SMIC’s 9-month profit by 7%
MANILA, Nov. 4 (PNA) — Philippine conglomerate SM Investments Corporation (SMIC) grew its profit by 7 percent in the first nine months of 2015 due to higher contribution from banking, property and…
PHL software industry sees up to 25% growth in 2015
By Kris M. Crrismundo MANILA, Nov. 4 (PNA) — The local software industry is projected to grow by 20 to 25 percent this year with recent developments in the domestic market, Philippine…
Tacurong City’s Lupong Tagapamayapa, among the country’s Top 4, vies for national citation
TACURONG CITY, Nov 4 (PNA) — The Lupong Tagapamayapa (Peace Council) of Barangay Upper Katungal, Tacurong City has been named as one of the country’s Top 4 National Lupong Tagapamayapa Incentives and…
Pangasinan gov’t doctor under probe for driving away patient
LINGAYEN, Pangasinan, Nov. 4 (PNA)– The Provincial Health Office (PHO) is now investigating a doctor of the Western Pangasinan District Hospital (WPDH) in Alaminos City for being rude, impolite and had displayed…
Calamity-resilient classrooms showcase use of container vans at Silliman University
DUMAGUETE CITY, Nov. 4 (PNA) — After a 7.2-magnitude earthquake and typhoon Yolanda hit the Philippines in 2013, serious thinking and re-thinking happened in Silliman University. One of the challenges that surfaced…
Security declares travel to Davao is still safe vs ‘laglag bala’
DAVAO CITY, Nov. 4 (PNA) — Aviation Security Group XI chief John Deleon Esteban declared the Davao’s Francisco Bangoy International Airport as safe for passengers against the “laglag bala” scam as he…
Talisay City Council asks trader to stop e-trikes sale until city rules on franchise
TALISAY CITY, Cebu, Nov. 4 (PNA) — The Talisay City Council has asked a motorcycle trading company to stop the sale of electric tricycles (e-trikes) until the city decides to grant them…
Benguet’s 115th foundation focuses on economic gains
LA TRINIDAD, Benguet, Nov. 4 (PNA) — Going into the 115th Foundation Anniversary of the Province of Benguet with the launch of “Adivay” on Nov. 6, the provincial government boasted its achievements…
Palace: Gov’t taking steps vs ‘tanim bala’ extortion scheme
MANILA, Nov. 3 (PNA) — Malacanang assured Tuesday that the government is taking concrete steps in addressing the alleged ‘bullet-planting’ scam against passengers at Manila airport. Presidential Spokesperson Edwin Lacierda said the…
Palace still hopeful of Bangsamoro law passage
By Leslie D. Venzon MANILA, Nov. 3 (PNA) — Malacanang remains hopeful that Congress will pass the proposed Bangsamoro Basic Law (BBL) which aims to promote peace and development especially in Mindanao….