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(Second of a series on the NFA) The Thai Embassy has allegedly rebuffed a high-ranking National Food Authority official and two senior officials of Seabridge, a shipping firm, for their offer to handle the logistics requirements for the importation of rice from Thailand, The Manila Times learned on Monday. The…

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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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Business

FIRST METRO, UA&P ESTIMATE

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Investment bank First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) widened their estimated range for Philippine economic growth in the first quarter by half a percentage point on improving global recovery and already robust domestic demand. They now estimate growth in gross domestic product…

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INVESTMENT pledges in January to April year reached P154 billion, up 31 percent from a year earlier, Board of Investments (BOI) Managing Head Ceferino Rodolfo said on Tuesday. AN estimated 46,018 jobs could be generated upon realization of the pledges come to fruition, up 181 percent from 16,366 in the…

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GO NEGOSYO founder Jose Concepcion 3rd said businessmen should not be afraid to invest more in the Philippines under President Rodrigo Duterte, even as the Chief Executive has an uncommon way of handling and addressing social concerns. “His style is that of a mayor. We have to find a way…

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WHILE some Philippine products already enjoy duty-free entry to the United States, Manila remains interested in negotiating a free trade agreement (FTA) with Washington, Trade Secretary Ramon Lopez said on Tuesday. Chances of securing an FTA with one of the country’s largest trading partners have vastly improved with the Trump…

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THE Philippines will broach the possibility of opening direct flights to the United Arab Emirates from the Davao International Airport during bilateral air talks with the UAE this week, according to the Davao Tourism Association (DATA). The bilateral air talks are being held in Cebu April 25 and 26 with…

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Regions

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THE Armed Forces of the Philippines is investigating if two Arabs monitored in Lanao del Sur province, the stronghold of the terrorist Maute Group, are members of the Islamic State in Iraq and Syria or ISIS, Gen. Eduardo Año, AFP chief of staff, disclosed on Tuesday. “We have monitored one…

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ZAMBOANGA CITY: Local police are conducting an investigation to determine who hoisted a communist flag in one of the government schools in this city. Supt. Ariel Huesca, Police Station 11 chief, on Tuesday disclosed that the flag of the National Democratic Front (NDF) was placed at the gate of the…

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SHARIFF AGUAK, Maguindanao: The Philippine National Police (PNP) Maguindanao office is all set to file a formal complaint with the Government of the Philippines-Moro Islamic Liberation Front (GPH-MILF) Ceasefire Committee for the misbehavior of an MILF commander and his followers. This was after members of the MILF apparently made a…

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BACOLOD CITY: A charcoal maker from the mountain town of Salvador Benedicto, Negros Occidental was charged with violating the NIPAS (National Integrated Protected Areas System) Act of 1992. Personnel of the Department of Environment and Natural Resources (DENR) caught Rolando Oyco of Barangay Igmaya-an, Salvador Benedicto attending to his charcoal…

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A 26-year-old businessman was charged with estafa for falsely representing himself as the owner of the company who opened an account with a bank and was able to withdraw more than half a million pesos in Valenzuela City (Metro Manila). John Louie Onofre of 1436 Marissa Street, Barangay Gen. T.…

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A woman who served as a police “asset” or informer was shot and killed by unidentified suspects on Monday afternoon in Caloocan City (Metro Manila). The victim, identified only as “Juvilyn,” 25 to 30 years old, 4’7” in height and wearing black short pants and violet sleeveless shirt died instantly…

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World

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SEOUL: Nuclear-armed North Korea on Tuesday marked a military anniversary with a conventional firing drill, reports said, as the South announced joint naval exercises with a US aircraft carrier in the flashpoint region. Speculation had mounted that Pyongyang could carry out a sixth nuclear test or another missile launch to…

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BANGKOK: The Thai junta on Tuesday defended $393 million earmarked for a Chinese submarine, batting back criticism of the secrecy of the deal, its cost and the questionable utility of the warship. The submarine sale is the latest defense deal between Beijing and Bangkok, who have grown ever closer since…

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UNITED NATIONS, United States: A record number of people detained by Afghan police say that have been tortured or ill-treated in the past year, according to a new United Nations report, which notes, however, that the Afghan government has committed to eliminating torture and ill-treatment in national detention facilities. “The…

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SEOUL: South Korea’s tourist industry has been hammered by China’s boycott over the deployment of US missile defense system, with visitor numbers from the Asian giant plummeting 40 percent in March, statistics showed. Beijing banned Chinese tour groups from visiting the South from March 15 in a spat over the…

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GENEVA: United Nations chief Antonio Guterres urged countries Tuesday to pitch in to help prevent a looming famine in war-torn Yemen, warning that children especially were already dying at an alarming rate. “Yemen today is experiencing a tragedy of immense proportions,” the UN Secretary General told country representatives gathered in…

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PARIS: French politics has entered uncharted territory after the “big bang” that saw off the presidential candidates of both the traditional left and right parties for the first time. On May 7, voters will be asked to choose between Emmanuel Macron, a centrist upstart who has never held elected office,…

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Today's Breaking News

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BEIJING: China has launched its first domestically designed and built aircraft carrier, state media said Wednesday, as the country seeks to transform its navy into a force capable of projecting power onto the high seas. Adorned with colourful ribbons, the Type 001A ship “transferred from dry dock into the water…

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WASHINGTON: Donald Trump and US lawmakers inched closer to a deal on Tuesday avoiding a government shutdown, as the president, eager to showcase a win marking his first 100 days, retreated from a demand to fund a border wall. With the government set to exhaust its current funding at midnight…

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SEOUL: US troops began delivering a missile defense system that has infuriated China to a deployment site in South Korea on Wednesday, amid heightened tensions over the North’s nuclear ambitions. Washington is urging Beijing — Pyongyang’s sole major ally — to do more to rein it in, but the Asian…

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STUTTGART: Maria Sharapova returns from a 15-month doping ban on Wednesday with tournament promoters drooling over profit margins while rivals condemn the smooth road prepared for the Russian superstar’s rehabilitation. When the former world number one and five-time Grand Slam title winner walks onto centre court at the Stuttgart Porsche…

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LOS ANGELES: A US judge on Tuesday blocked an executive order by President Donald Trump that could deny billions of dollars to so-called sanctuary cities as punishment for harboring illegal immigrants. Dealing a fresh setback to Trump’s pledged crackdown on undocumented residents, Judge William Orrick of San Francisco’s federal court…

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WASHINGTON: Trade tensions spiked between Washington and Ottawa on Tuesday as President Donald Trump accused Canada of being “very rough” on America and threatened to retaliate against restrictions on US dairy products. Trump also touted his administration’s surprise decision late Monday to rekindle an old trade conflict with America’s second-largest…

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