By Leslie D. Venzon MANILA, Oct. 20 (PNA) — South Korean-owned Phoenix Semiconductor Philippines Corp., which is set to debut on the stock exchange in December, will embark on aggressive expansion program…
Maybank eyes strong domestic growth drivers to help PHL outperform ASEAN-5 League in ’14 & ‘15
By Joann Santiago MANILA, Oct. 20 (PNA) — The Philippines is projected to post the highest growth among ASEAN-5 economies this year and the next as domestic demands remain strong and issues…
MB approves enhanced regulations on credit risk management
MANILA, Oct. 20 (PNA) — The Monetary Board (MB) has approved major amendments to the regulations governing credit-risk taking activities of banks and quasi-banks (B/NBQBs) following a comprehensive policy review undertaken by…
‘It’s More Fun in PHL’ slogan has come a long way since its launch in 2012
By Azer N. Parrocha MANILA, Oct. 20 (PNA) — There’s no denying that the Department of Tourism’s (DOT) “It’s More Fun in the Philippines” has been the most successful one among all…
PhlPost reintroduces letter-writing to celebrate World Post Day
CALAMBA CITY, Laguna Oct19 (PNA) – To commemorate World Post Day, the Philippine Postal Corporation (PHLPost) in partnership with the Department of Education, Komisyon sa Wikang Filipino and SM Supermalls held Saturday…
DOT-Bicol ready with special services for APEC delegates
By Danny O. Calleja LEGAZPI CITY, Oct. 19 (PNA) –- The Department of Tourism (DOT) regional office for Bicol here has prepared special treats for delegates in the forthcoming Asia-Pacific Economic Cooperation…
Party-list to lead Oktubafest 2014 activities
By Roel T. Amazona TACLOBAN CITY, Oct. 19 (PNA) — The An Waray Party-list will spearhead once again the Oktubafest, an event that highlights tuba, a popular traditional coconut wine in the…
Cityland Inc. gets SEC nod for P1.8-B debt paper sale
By Leslie D. Venzon MANILA, Oct. 19 (PNA) — Cityland Incorporated has secured approval from the Securities and Exchange Commission (SEC) to sell P1.8 billion worth of short-term commercial papers (STCPs). Based…
DOH teams up with WHO to combat Ebola virus disease – Palace
By Jelly F. Musico MANILA, Oct. 19 (PNA) – In line with the directive of President Benigno Aquino III, the Department of Health (DOH) has teamed up with the World Health Organization…
New, wider lava flow seen coming down from Mayon crater
By Nancy Ibo Mediavillo LEGAZPI CITY, Oct. 19 (PNA) — A wider lava flow was seen early Sunday morning coming out of the Mayon Volcano, Ed Laguerta, Philippine Institute of Volcanology and…
Cagayan Museum, Historical Research Center opens new exhibit
By Leilanie G. Adriano TUGUEGARAO CITY, Cagayan, Oct 18 (PNA) –A replica of the Callao caves, a favorite tourist destination in Cagayan province which houses a seven-chamber of white limestone rocks located…
Belenismo sa Tarlac to open next month
By Azer N. Parrocha MANILA, Oct 18 (PNA) — The province of Tarlac’s annual Christmas-themed event, the Belenismo sa Tarlac: The Art of Making Belens is set to open to the public…
Megaworld subsidiary ventures into P1-B residential project in Bacolod, Talisay cities
By Nanette L. Guadalquiver BACOLOD CITY, Oct 18 (PNA) — Suntrust Properties Inc. entered into a P1-billion joint venture agreement with the Lacson family for the development of an integrated residential project…
Industrial park in south Cebu to generate 20,000 jobs
CEBU CITY, Oct. 18 (PNA) — A new 36-hectare industrial park in the City of Naga in southern Cebu is expected to generate at least 20,000 jobs, an official said. Philippine Economic…
MIAA: Integration of terminal fee into airline tickets to ‘push through’ next month
By Azer N. Parrocha MANILA, Oct 18 (PNA) — The Manila International Airport Authority (MIAA) on Saturday confirmed that without further delay, the integration of the Php550 terminal fee into the price…