Today’s Breaking News

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AUTHORITIES are tracking down a village policeman who accidentally shot and killed a woman late Tuesday afternoon in Davao City, police reports said Wednesday. Reports at the PNP national operation center identified the village watchman as Margarito Baguio a village police of Barangay Leon Garcia of Davao City. His victim was identified as…

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The Philippines has plenty of room to expand its private-sector leverage to boost domestic consumption and sustain growth, according a report released by an international banking institution. In its latest report titled “Asia leverage uncovered,” Standard Chartered Bank said that the Philippines was in the low-risk category in terms of…

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LAMPAHAN: A strong 6.1-magnitude earthquake struck Indonesia’s northwestern province of Aceh on Tuesday, causing buildings to collapse and injuring at least 50 people. The quake hit inland at 0737 GMT at a depth of just 10 kilometres (6.2 miles), 55 kilometres south of Bireun and 72 kilometres southeast of Reuleuet,…

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KABUL: A Taliban truck bomb and gun attack killed seven people in the Afghan capital Kabul on Tuesday, destroying the entrance to a NATO supply company’s compound in the latest insurgent attack to shake peace efforts. A plume of smoke rose above the scene in the city, where the Taliban…

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MOSCOW: Nineteen people died Tuesday when a MI-8 helicopter crashed in the Russia’s northern region of Yakutia, an aviation committee said. “There were three crew members and 25 passengers on board,” the Interstate Aviation Committee said in a statement. “Nineteen people died, the aircraft burnt down,” said the statement, citing…

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DTI launches Roving Academy to train SMEs, focus on exportation The Department of Trade and Industry (DTI) launched on Tuesday the Small and Medium Enterprise (SME) Roving Academy for the “development of micro, small and medium enterprises (MSME),” to be competitive not just in local, but also in international markets.…

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Government spending for infrastructure as of May surged to P104.6 billion, or an increment of 35.6 percent year-on-year, the Department of Budget and Management (DBM) reported on Tuesday. The DBM noted that May infrastructure spending was higher compared to the P77.1 billion recorded in the same period in 2012. Budget…

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The Philippine Stock Exchange index (PSEi) ended the morning trade in green, rising for the 5th straight session by 7.91 points or 0.12 percent to 6,534.53. The further improvement in the Philippine shares was buoyed by the Wall Street’s overnight ascent by around 100 points. The wider all shares also…

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The value of commodity flow within the country the first quarter of 2013 reached P131 billion, or a decrease of 0.3 percent, data from the National Statistics Office (NSO) said on Tuesday. The NSO noted that the value of commodity flow in the first quarter was lower than the P131.41…