WASHINGTON, June 11 (PNA/Xinhua) — The World Bank on Tuesday lowered its projection for this year’s global economic outlook, as developing countries are heading for “disappointing growth,” while high-income countries are gaining…
China, Russia introduce new draft treaty to prevent arms race in outer space
GENEVA, June 11 (PNA/Xinhua) — China and Russia on Tuesday jointly submitted to a UN-sponsored disarmament conference an updated draft international treaty on banning the deployment of weapons in outer space. The…
President Aquino leads Independence Day rites in Naga
MANILA, June 11 (PNA) — President Benigno S. Aquino III will lead the nation in flag-raising ceremonies in Naga City to mark the Philippines’ 116th Independence Day on Thursday. In a Palace…
DND honors South Korea’s Araw Force Contingent for humanitarian acts in Leyte
By Roel T. Amazona TACLOBAN CITY, June 11 (PNA) — Defense Secretary Voltaire Gazmin on Wednesday afforded the South Korean Joint Support Group Araw Force Contingent with the Bakas Parangal Award in…
South Sudan president, rebel leader agree to form gov’t in 60 days
MOSCOW, June 11 (PNA/RIA Novosti) — South Sudan President Salva Kiir Mayardit and rebel leader Riek Machar have agreed to forge a transitional government within a 60-day deadline, Al Jazeera reported Wednesday…
President Aquino certifies as urgent CARP extension bill
By Leslie D. Venzon MANILA, June 11 (PNA) — President Benigno S. Aquino III has certified as urgent the passage of House Bill No. 4296 that will ensure the completion of the…
Senate adjourns sine die with 19 approved bills
By Jelly F. Musico MANILA, June 11 (PNA) -– The Senate on Wednesday adjourned sine die with 19 bills and 41 resolutions approved throughout the first regular session of the 16th Congress…
De Lima says 3 senators charged with plunder can still travel abroad
MANILA, June 11 (PNA) — Department of Justice (DOJ) Secretary Leila de Lima on Wednesday clarified that there is no legal impediment for Senators Juan Ponce Enrile, Jinggoy Estrada and Ramon Revilla…
Semirara Mining Corporation receives summon from Baurer Foundations Philippines
MANILA, June 10 (PNA) — The Semirara Mining Corporation (SMC) received a summon Tuesday regarding a civil complaint filed by Baurer Foundations Philippines Inc (BFPI), which said SMC allegedly stopped Baurer from…
San Miguel expects double-digit growth for new businesses in 2014
MANILA, June 10 (PNA) — San Miguel Corporation (SMC) is expecting its new businesses to grow by 20 percent this year, SMC president Ramon S. Ang told reporters at the sidelines of…
Development of ecotourism sites in South Cotabato’s Lake Holon starts
GENERAL SANTOS CITY, June 10 — The municipal government of T’boli in South Cotabato is closing down the ecotourism sites at the famed crater-lake Holon for at least nine months to pave…
Leyte, Albay provinces sign twinning agreement on disaster risk reduction and management
TACLOBAN CITY, June 10 (PNA) — The provinces of Leyte and Albay on Monday inked a twinning agreement that would result to the strengthening of the former’s provincial disaster risk reduction management…
Obama signs presidential memorandum on reducing student loan debt
WASHINGTON, June 10 (PNA/Xinhua) — U.S. President Barack Obama on Monday signed a presidential memorandum on reducing student loan debt in a bid to ensure no young person be priced out of…
Countdown to ASEAN economic integration nearing D-day
MANILA, June 10 (PNA) — A lady lawmaker insists on the creation of a Special Committee on ASEAN Economic Community (AEC) of the House of Representatives so that threats and opportunities are…
President Aquino recognizes works of two Filipino scientists
MANILA, June 10 (PNA) — President Benigno S. Aquino III has conferred on Angel Chua Alcala and Ramon Cabanos Barba the title of “National Scientist” because of their contributions to advancing science…