TOKYO, Japan, June 24 (PNA) — President Benigno S. Aquino III arrived here Tuesday for a one-day working visit to meet with Japanese Prime Minister Shinzo Abe and address a peace forum…
Changes in foreign ownership rule not the only way to help boost FDIs to PHL
By Joann Santiago MANILA, June 24 (PNA) — The Philippines has gone a long way in attracting foreign direct investments (FDIs) with the 2013 expansion posted at 24 percent year-on-year. Data released…
PHL economic growth attracts investors to come here, Japanese businesses in ASEAN say
By Kris M. Crismundo MANILA, June 24 (PNA) — The Philippine economic growth is attracting investments in the country, said Federation of Japanese Chamber of Commerce and Industry in ASEAN (FJCCIA) at…
PHL, Japan adhere to rule to law to settle sea disputes
MANILA, June 24 (PNA) — The Philippines and Japan have agreed to advance the “rule of law” to settle territorial disputes with China. Japanese Prime Minister Shinzo Abe said both nations are…
Philippines’ Mount Hamiguitan range wildlife sanctuary a new UNESCO world heritage site
MANILA, June 24 (PNA) — After six years of documentation and evaluation, the Philippines gained another World Heritage Site as the 38th Session of the World Heritage Committee formally inscribed the Mount…
DTI cites export products to promote in Europe
MANILA, June 23 (PNA) — Department of Trade and Industry (DTI) has cited sectors to promote in European Union (EU)-member states in order to strengthen Philippine products in EU. In an assessment…
Palace welcomes arrest warrant vs Estrada
MANILA, June 23 (PNA) — Malacanang on Monday welcomed the arrest warrant issued by the anti-graft court against Senator Jinggoy Estrada and others involved in the plunder and graft case in connection…
Philippines thanks Japan for backing its arbitration case against China
MANILA, June 23 (PNA) — The Philippines has expressed its gratitude to Japan for supporting the case it has filed at the international arbitral tribunal to peacefully resolve its maritime dispute with…
PHL posts highest increase in milled rice production — DA
MANILA, June 23 (PNA) — Improved production in palay yield has catapulted the Philippines as number one in terms of percentage increase in milled rice production among all rice-producing countries for the…
Aboitiz Power buys LiMA Utilities Corp for PhP1.3-B
MANILA, June 19 (PNA) — The Aboitiz Power Corporation (AP) bought Aboitiz Land’s Batangas-based LiMa Utilities Corporation (LUC) for Php1.3 billion based on a disclosure with the Philippine Stock Exchange (PSE) Thursday….
La Trinidad mayor supports solon’s cityhood proposal
By Jojo Lamaria LA TRINIDAD, Benguet, June 19 (PNA) -– La Trinidad Mayor Edna Tabanda will support the call for cityhood and even rally for support from adjacent municipalities. In an interview…
Metro Pacific eyes P15-B toll bridge linking Cebu City and Cordova
CEBU CITY, June 19 (PNA) — The Metro Pacific Investment Corp. (MPIC) of businessman Manny Pangilinan is eyeing the construction of P15-billion toll bridge linking Cebu City and Cordova. Mayor Adelino Sitoy…
Tarlaqueños receive Philhealth membership data records
TARLAC CITY, Tarlac, June 19 (PNA) –The Philippine Health Insurance Corporation (PhilHealth), together with the city government has distributed membership data records (MDRs) to indigent residents in the city for free and…
PHL May ’14 BOP reverse to surplus of USD 373-M
By Joann Santiago MANILA, June 19 (PNA) — The Philippines balance of payment (BOP) position last May reversed to positive territory after it turned in USD 373 million surplus from month-ago’s USD…
BSP hikes ’14, ’15 inflation forecasts
MANILA, June 19 (PNA) — The Bangko Sentral ng Pilipinas’ (BSP) policy-making Monetary Board (MB) on Thursday again revised upwards its average inflation forecast for 2014 and 2015 partly due to the…