MANILA, July 22 (PNA) – – Average rate of the Philippines’ seven-year Treasury bond rose to 3.742 percent during an auction by the Bureau of the Treasury (BTr) Tuesday. This is higher…
Moody’s sees stable credit outlook for Asia Pacific; PHL to be insulated from projected China slowdown
By Joann Santiago MANILA, July 22 (PNA) – – Moody’s Investors Service sees the Philippines being insulated in the possible cooling of the Chinese economy. The Philippines, which is among the few…
Metrobank commences offer period for BASEL 3 Tier 2 notes
MANILA, July 22 (PNA) – – Ty-led Metropolitan Banking Corporation (Metrobank) started Tuesday the offering of its new series BASEL 3-compliant Tier 2 notes. In a disclosure with the Philippine Stock Exchange…
Opposition not supporting any impeachment — Senator Ejercito
By Jelly F. Musico MANILA, July 22 (PNA) — Senator Joseph Victor Ejercito on Tuesday said the opposition remains consistent with its stand not to support any move to impeach President Benigno…
Government might consider proposal for Bataan Nuclear Power Plant conversion, Palace says
MANILA, July 22 (PNA) — The government will look into proposals to convert the Bataan Nuclear Power Plant (BNPP) into a natural gas-powered facility to ease the country’s growing demand for energy,…
Comelec wants postponement of SK polls until 2016
By Ferdinand G. Patino MANILA, July 22 (PNA) — The Commission on Elections (Comelec) wants the holding of the Sangguniang Kabataan (SK) polls to be postponed and synchronized with the barangay elections…
DAP supports reform programs in ARMM, PHL peace process
MANILA, July 22 (PNA) — The regional government has undertaken significant reforms and development initiatives in the Autonomous Region in Muslim Mindanao (ARMM), including ensuring quality road infrastructures in the region, through…
PNP to deploy 10,000 cops under Super Task-Force “Kapayapaan” for SONA 2014
By Christopher Lloyd T. Caliwan MANILA, July 22 (PNA) — To ensure peace and order and safety during the fifth State of the Nation Address (SONA) of President Benigno S. Aquino III…
DOST needs more scientists, supercomputers to further upgrade Project NOAH
By Juzel Danganan and Juan Paulo Gutierrez MANILA, July 22 (PNA) — The Department of Science and Technology (DOST) needs more scientists and enhanced technology to further upgrade Project NOAH (Nationwide Operational…
BOI reports surge in inquiries for retirement homes investors in Cebu, PHL
CEBU CITY, July 21 (PNA) — The Board of Investments (BOI) has reported a surge of inquiries from investors wanting to set up integrated retirement facilities in Cebu and in the entire…
BOC revenues grow 17.5% in June 2014
By Ferdinand G. Patino MANILA, July 21 (PNA) — The Bureau of Customs (BOC) has collected P27.33 billion for the month of June 2014, up by 17.5% compared to the revenue posted…
Shell, Petron, Chevron and PTT Philippines to rollback gas prices by 30-35 centavos per liter
MANILA, July 21 (PNA) — Pilipinas Shell Petroleum Corporation (PSPC), Petron Corporation, Chevron Philippines Incorporated (CPI) and PTT Philippines will implement a rollback on their gasoline prices by 30 to 35 centavos…
PHL banking system now more ready for regional integration — BSP
By Joann Santiago MANILA, July 21 (PNA) — The Philippines’ banking system along with several other industries are now better positioned to face that ASEAN integration, which will commence in 2015, following…
Philippine MSMEs will thrive in 2015 ASEAN integration — DOST
By Juzel L. Danganan MANILA, July 21 (PNA) — Philippine micro, small and medium enterprises (MSMEs) will thrive in the 2015 integration of the Association of South East Asian Nations (ASEAN), according…
SC dispenses justice through transparency, accountability in gov’t
By Perfecto T. Raymundo Jr. MANILA, July 21 (PNA) — Guided by its mission — “To Superintend the Administration of Justice” — the Supreme Court (SC) has dispensed justice through the government’s…