By Angeline Valencia TAGBILARAN CITY, Bohol, Oct. 24 (PNA) — Hundreds of Bohol-bound passengers from Manila have been re-routed to Cebu upon the advisory from the tower controller at the Tagbilaran Airport…
President Aquino commends NHA for job well done
By Jelly F. Musico MANILA, Oct. 15 (PNA) — President Benigno Aquino III on Thursday commended the National Housing Authority (NHA) for constructing additional 483,063 permanent housing and housing assistance for the…
DA chief deems agribusiness industry as cornerstone of inclusive growth
By Filane Mikee Z. Cervantes MANILA, Oct. 15 (PNA) — Department of Agriculture (DA) Secretary Proceso J. Alcala emphasized the role of agribusiness industry development as a cornerstone of inclusive growth during…
Palace welcomes survey indicating ‘very high’ optimism among Filipinos
MANILA, Oct. 15 (PNA) — Malacañang on Thursday welcomed the results of a recent poll showing that a majority of Filipinos remain optimistic with respect to their quality of life, as well…
Duterte ends speculations, files CoC for mayor
By Lilian C. Mellejor DAVAO CITY, Oct. 15 (PNA) — Mayor Rodrigo Duterte filed Thursday his Certificate of Candidacy (CoC) for mayor, finally ending all speculations he would eventually plunge into the…
Poe and Escudero file certificates of candidacy
By Ferdinand G. Patino MANILA, Oct 15 (PNA) — Independent candidates Senators Grace Poe and Francis “Chiz” Escudero, among the top contenders in the May 2016 national elections, have filed their respective…
Coalition ng Tuwid na Daan tandem files COCs
By Sammy F. Martin MANILA, Oct. 15, (PNA) — The standard bearer of Coalition ng Daang Matuwid Mar Roxas and his Vice Presidential aspirant Leni Robredo filed their Certificates of Candidacy (COCs)…
5 British telcos in talks with PHL firms for potential investment
By Azer N. Parrocha MANILA, Oct. 15 (PNA) –Four to five British telecommunication companies (telcos) are in talks with Philippine telcos for potential investments by yearend, a UK telco official said on…
Japan beefs up Philippines’ quake, tsunami monitoring system
MANILA, Oct. 15 (PNA/Kyodo) — Japan on Thursday formally handed over components of a comprehensive earthquake and tsunami monitoring system to the Philippine seismology agency as part of its grant assistance to…
8990 Holdings to offer Meralco’s prepaid electricity service in Gen. Trias, Cavite
By Juzel L. Danganan MANILA, Oct. 15 (PNA) – Property developer 8990 Holdings, Inc. will soon offer the prepaid electricity service of the Manila Electric Company (Meralco) in its subdivisions in Gen….
PSE: securities lending, higher public float to raise market liquidity
MANILA, Oct. 15 (PNA) — The Philippine Stock Exchange (PSE) is pushing the development of securities lending and borrowing (SLB) program that can increase the overall market liquidity by up to 10…
Meralco sells 24.95% stake in Indra to MPIC
By Juzel L. Danganan MANILA, Oct. 15 (PNA) — The Manila Electric Co. (Meralco) sold its 24.95-percent stake in Indra Philippines, Inc. to Metro Pacific Investments Corp. (MPIC) through a stake purchase…
Barclays eyes negative growth for PHL remittances in Q3 ’15, recovery in Q4
MANILA, Oct. 15 (PNA) — Cash remittance inflows to the Philippines posted a negative growth in August 2015 and Barclays forecasts this to be the trend for the third quarter given the…
FPIs post USD 1.7-B net outflows in September 2015
MANILA, Oct. 15 (PNA) — Registered foreign portfolio investments for September 2015 amounted to USD 1.4 billion, reflecting a 22.6 percent growth from the USD 1.1 billion posted last month. However, outflows…
Petilla seeks passage of ‘institutional law’ to ensure sustainable programs
TACLOBAN CITY, Oct. 15 (PNA) –- Former Energy Secretary and senatorial aspirant Jericho Petilla said that an institutional law should be pushed to address long term problems in the country. Petilla described…