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PROCEEDS TO HELP PAY FOR SAN MIGUEL TELCO DEAL

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THE head of the Philippine Long Distance Telephone Co. (PLDT) said Tuesday two foreign companies were interested in buying its remaining stake in power distribution utility Manila Electric Co. (Meralco). “There are two serious foreign companies,” PLDT Chairman and Chief Executive Officer Manuel V. Pangilinan told reporters. The stake is…

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MALACAÑANG has declared April 28 a special non-working day in Metro Manila to give way to the Association of Southeast Asian Nations (Asean) summit and related meetings, which is being hosted by the Philippines this year. Executive Secretary Salvador Medialdea made the declaration by authority of President Rodrigo Duterte in…

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THE Supreme Court on Tuesday voted to allow the construction of the Torre de Manila residential condominium that has ruined the skyline of the Rizal Monument, lifting a temporary restraining order that halted the DMCI Homes project for nearly two years. In an en banc session, the high tribunal junked…

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WASHINGTON, D.C.: From the resounding setbacks in Congress to the stunning policy flip-flops, Donald Trump has certainly been confronted with a steep learning curve in his opening months at the White House. While the new US president has shown a capacity to change both his tone and his positions, Trump…

After Kadamay takeover of Pandi houses

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PANDI, Bulacan: The National Housing Authority (NHA) admitted on Tuesday that its collection of monthly amortizations declined since the Kalipunan ng Damayang Mahihirap (Kadamay) occupied housing units in Pandi, Bulacan in March this year. Romuel Alimboyao of the NHA in Central Luzon told lawmakers that some beneficiaries of housing units…

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THE Supreme Court, sitting as Presidential Electoral Tribunal, on Tuesday gave Vice President Maria Leonor “Leni” Robredo five days to pay P8 million if she wants to pursue the counter-poll protest that she filed against former senator Ferdinand “Bongbong” Marcos, Jr. Marcos, who questioned Robredo’s victory in the vice presidential…

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A tropical depression has entered the Philippine Area of Responsibility, the second weather disturbance since the start of the dry season. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said the tropical depression will be named “Dante.” “As of now, Dante is located 1,285 kilometers east of Southern Luzon.…

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OF the thousands of graduates in Makati City this year, two stood out: Armando Buhay Albes, Sr. and Salvacion Flores Nacario. Albes, 78, and Nacario, 79, caught the eye of Makati Mayor Mar-len Abigail “Abby” Binay who attended graduation ceremonies at the University of Makati (UMak) and the Open High…

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THE common-law wife of President Rodrigo Duterte will play host to the spouses of Association Southeast Asian Nations (Asean) leaders this week. Ambassador Marciano Paynor, Asean 2017 National Organizing Council director general for operations, said the President wanted his partner Honeylet Avanceña to assume the hosting duties, a task usually…

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