MANILA, July 2 (PNA) — The Energy Development Corporation (EDC) has appointed Wilfredo Malonzo, outgoing vice president for Supply Chain Management Group, as the new Head of Strategic Contracting. Based on a…
Peso, stocks up on positive manufacturing data overseas
MANILA, July 2 (PNA) — Both the Philippine peso and the local bourse posted improvements Tuesday on back of the report about US manufacturing sector’s expansion last June. The peso ended at…
U.S. welcomes Japan decision on collective self-defense
By Sarah Ampolsk WASHINGTON, July 2 (PNA/Kyodo) — The U.S. government praised the Japanese Cabinet’s reinterpretation of the Constitution on Tuesday paving the way for Japan to use its military forces to…
Senator Miriam Santiago suffering from Stage 4 lung cancer
By Jelly F. Musico MANILA, July 2 (PNA) — Already suffering from chronic fatigue syndrome, Senator Miriam Defensor Santiago on Wednesday announced that she was diagnosed with cancer in her left lung….
VP Binay calls for support to President amid impeachment calls
By Jelly F. Musico MANILA, July 2 (PNA) – Describing impeachment calls unproductive and divisive, Vice President Jejomar Binay on Wednesday urged the public to support President Benigno Aquino III. “President Aquino…
SC orders COA to comment on PDAF petition
By Perfecto T. Raymundo MANILA, July 2 (PNA) — The Supreme Court (SC) has ordered Commission on Audit (COA) chairperson Maria Gracia Pulido-Tan to comment on the petition of anti-corruption advocates seeking…
Singapore’s Interflour Group pours in $ 30-M investment in Subic
By Malou Dungog SUBIC BAY FREEPORT, July 2 (PNA) — Singapore-based Interflour Group Pte Ltd. (Interflour), one of the producers of the finest flour in the world, will be building its Philippine…
Pope Francis appoints Filipino archbishop as Holy See’s permanent representative to UN
MANILA, July 2 (PNA) — A Filipino Catholic prelate has been named as the Vatican’s Permanent Representative to the United Nations in New York. Pope Francis appointed 55-year old Archbishop Bernardito Cleopas…
PNP Region 7 director: Drug-free society needs slow but sure approach
DUMAGUETE CITY, July 1 (PNA) -– Newly installed regional director of the Philippine National Police (PNP) in Region 7 (Central Visayas) on Tuesday explained the need for his administration to prioritize the…
“DOH on Wheels” launched in Leyte
PALO, Leyte, July 1 (PNA) — The Department of Health (DOH) on Tuesday launched its “DOH on Wheels: Kalusugang Pangkalahatan,” a roadshow that seeks to popularize maternal and child survival and push…
Greenergy Holdings Incorporated sells 60 percent stake at Biomass Holdings Inc. to Thomas Lloyd Cleantech
MANILA, July 1 (PNA) — Greenergy Holdings Incorporated has fully sold their dominating stake of 60 percent in Biomass Holdings Inc. to Thomas Lloyd Cleantech Infrastructure Fund, based on a disclosure with…
PHL, EFTA economic ties seen to boost after JDC signing
By Kris M. Crismundo MANILA, July 1 (PNA) — As the Philippines and four-member states of the European Free Trade Association (EFTA) inked a Joint Declaration on Cooperation (JDC) during the last…
SPC to build two 100-megawatt power plants in Naga City, Cebu
CEBU CITY, July 1 (PNA) — The SPC Power Corp. Tuesday announced its plan to build two Greenfield 100-megawatt (MW) power plants inside the Naga Power Plant Complex in the City of…
BPI exec eyes up to 75 bps hike in domestic interest rates in next 12 months
By Joann Santiago MANILA, July 1 (PNA) — An executive of the Bank of the Philippine Islands (BPI) forecasts up to 75 basis points increase in domestic interest rates in the next…
PSE to use NASDAQ technology by mid-‘15
MANILA, July 1 (PNA) — The Philippine Stock Exchange (PSE) will again change it trading platform by the middle of 2015 by adopting NASDAQ OMX technology in lieu of NSC V900 of…