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Palace: 2M farmers, fishermen seen to secure higher income through WB’s P22B financial package

Posted on August 31, 2014

By Leslie D. Venzon MANILA, Aug. 31 (PNA) — Malacanang expects the US$ 508 million (P22.4 billion) loan and financial package from the World Bank (WB) can help over two million farmers…

Peso recovers, stocks down

Posted on August 29, 2014

By Joann Santiago MANILA, Aug. 29 (PNA) — The Philippine peso recovered to a US dollar after dipping a day ago while the local bourse ended the week on the red still…

Bank lending expands further in July

Posted on August 29, 2014

MANILA, Aug. 29 (PNA) — Outstanding loans of commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas (BSP), grew at a faster rate of 21.8 percent in…

Cebu beauty products maker invests P50M on new plant as demand rises

Posted on August 29, 2014

CEBU CITY, Aug. 29 (PNA) — Cebu-based beauty care product maker GT Cosmetics Manufacturing is investing P50 million on a new soap plant in the northern Cebu town of Liloan in preparation…

PHL government sustains rise in revenues in July ‘14

Posted on August 29, 2014

By Joann Santiago MANILA, Aug. 29 (PNA) — The government’s revenue collection sustained its rise in July 2014 when it increased by 15 percent year-on-year to P166.7 billion from the P144.6 billion…

Q3 ’14 business sentiment remains upbeat –BSP survey

Posted on August 29, 2014

By Joann Santiago MANILA, Aug. 29 (PNA) — Business confidence in the Philippines in the third quarter of 2014 remains positive despite additional concerns among the business sector. The result of the…

State prosecutors indict three ex-RHPU 7 cops for ambush-slay of Cebu lawyer

Posted on August 29, 2014

CEBU CITY, Aug. 29 (PNA) — State prosecutors have recommended the filing of criminal cases against three former Regional Highway Patrol Unit (RHPU) 7 officials tagged in the ambush-slaying of lawyer Noel…

Tacloban PESO gets PHP 6M fund for small business recovery

Posted on August 29, 2014

TACLOBAN CITY, Aug. 29 (PNA) — The Public Employment Service Office (PESO) in this city got an initial budget of PHP 6 million in the provision of livelihood for city residents whose…

Calbayog City gears for September mass immunization

Posted on August 29, 2014

By Jen S. Allegado CALBAYOG CITY, Aug 29 (PNA) — The health department of this city is now ready for the month-long measles rubella – oral polio vaccine mass immunization that will…

Bicol University joins DOST’s graduate scholarship offering program

Posted on August 29, 2014

By Danny O. Calleja LEGAZPI CITY, Aug. 29 (PNA) – The Bicol University (BU), the region’s premier higher education institution with main campuses here, is now among the Science Education Consortium (SEC)…

Filipino peacekeepers in Golan Heights stand-off well-armed – AFP

Posted on August 29, 2014

MANILA, Aug. 29 (PNA) — The Armed Forces of the Philippines (AFP) on Friday said that the Filipino peacekeepers, involved in the Golan Heights stand-off with Syrian rebels, are a well equipped…

BIR padlocks popular food establishment in Manila

Posted on August 29, 2014

MANILA, Aug. 29 (PNA) — The Bureau of Internal Revenue (BIR) on Friday closed a popular food establishment in Sta.Cruz, Manila for violating the provisions of the National Internal Revenue Code of…

(Update) Rainy weather over Luzon, Visayas to continue until Saturday

Posted on August 29, 2014

MANILA, Aug. 29 (PNA) – The low-pressure area (LPA) off Palawan will continue to dump rains over Luzon and the Visayas in the next 24 hours, the state weather bureau said on…

DepEd, NCCT call for entries for 6th Cinepambata Video Festival

Posted on August 29, 2014

MANILA, Aug. 29 (PNA) — The Department of Education (DepEd) supports the National Council for Children’s Television (NCCT) in its continuous promotion of children’s rights and Filipino values through its call for…

Stand-off in Golan Heights justifies PHL decision to pullout military contingent –DND

Posted on August 29, 2014

By Priam F. Nepomuceno MANILA, Aug. 29 (PNA) — Department of National Defense (DND) Undersecretary for Defense Operations Natalio Ecarma said on Friday the ongoing stand-off between 75 Filipino peacekeepers and Syrian…

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