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THE Supreme Court is yet to rule on the P4.15 per kilowatt-hour rate increase the Manila Electric Co. wanted to collect last year but another power rate hike looms. The Court of Appeals (CA) has rejected a plea filed by the government seeking to stop Meralco from passing on to…

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THE Philippines marks Labor Day today as millions of Filipinos struggle to survive because the Aquino government has failed to create enough jobs to lower the unemployment rate, former senator Ernesto Herrera, the president of the Trade Union Congress of the Philippines (TUCP), said. Herrera noted that President Benigno Aquino…

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US President Barack Obama’s Asia-Pacific legacy is now taking shape, but he has work to do to complete a genuine rebalancing of US power to the region that goes beyond rhetoric. The US leader ended his four-nation Asian tour in the Philippines on Tuesday, after spending a week telling China…

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The Trade Union Congress of the Philippines (TUCP) on Wednesday signed a memorandum of agreement (MOU) with the Subic Heart Center (SHC) that will provide medical services to members of the labor organization, including their families and dependents. Dr. Dante A. Ang, chairman emeritus of The Manila Times, and former…

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LOS ANGELES: The NBA came down hard on Los Angeles Clippers owner Donald Sterling on Tuesday, banning him for life for “deeply offensive and harmful” racist comments that sparked a national firestorm. NBA Commissioner Adam Silver hit Sterling with every penalty at his disposal, fining him a maximum $2.5 million…

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WORKERS affiliated with the Kilusang Mayo Uno (KMU) are set to hold Labor Day protests today with the announcement of the government that there is no reason to grant a wage hike. The KMU said it expects at least 100,000 workers to join protests across the country. “Workers and advocates…

Business

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THE Department of Energy’s (DOE) plan to put up an oil stockpiling facility has drawn support from independent oil player Eastern Petroleum Corp. “To begin with, the government should immediately put in place the mechanisms needed and consider stockpiling, either through actual volume storage or paper placement,” Eastern Petroleum Chairman…

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LURED by news on the buoyant Philippine property sector, majority of Filipinos workers in the United Arab Emirates (UAE) want to buy real properties back home, the latest survey by Middle East-based events and media firm New Perspective Media (NPM) showed. Results of the survey were published in NPM’s print…

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SPENDING in healthcare information technology (IT) in the Philippines is expected to increase at a compounded annual growth rate of 4 percent in the next three years to reach $60 million by 2019, according to recent estimates by International Data Corp. (IDC) Health Insights. According to a recently published IDC…

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BEIJING: China will replace the head of its securities regulator, state media reported Saturday, as the country struggles to reassure global investors that it can effectively manage stock markets that have experienced massive turmoil. Xiao Gang, who was in charge during last year’s crash, will be “dismissed” from his post…

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WASHINGTON, D.C.: Five years ago Christine Lagarde smashed through the glass ceiling at one of the world’s leading institutions, becoming the first woman to head the International Monetary Fund (IMF). Some had questioned her lack of credentials as an economist. But, as she plunged into the Greece crisis to prevent…

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ALWAR, India: With his rickety bicycle and sackcloth mail bag, 62-year-old Indian postman Chet Ram does not look like a worker at the vanguard of an e-commerce revolution delivering everything from mobile phones to cow manure. He pedals miles each day in rural Rajasthan state, ferrying packages to villages and…

Regions

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CASH advances close to P10 million remain undocumented from the Social Fund of the Autonomous Region in Muslim Min-danao (ARMM), the Commission on Audit reported. State auditors revealed in their 2012 report on the Social Fund of the region that a total of P9.72 million is yet to be liquidated…

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A former judge of Albay province wanted his case to be dismissed for inordinate delays. In his six-page motion to quash, Arnulfo Cabredo, former judge of the Regional Trial Court Branch 15 of Tabaco City in Albay, argued that his right to due process and speedy disposition of case was…

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SUPREME Court (SC) Justice Presbitero Velasco Jr. and his son Rep. Lord Allan Jay Velasco denied allegations that they had a hand in voiding the proclamation of lawyer Regina Ongsiako Reyes who ran in the lone Congressional District of Marinduque but lost for being an American. The Court magistrate issued…

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TWO members of the communist New People’s Army (NPA) were killed on Tuesday following an encounter with government troops in Albay province. Lt. Col. Ramon Zagala, chief, Public Affairs Office, Armed Forces of the Philippines (AFP), said the encounter between Army soldiers and more or less six NPAs took place…

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SANTA ANA, Cagayan: The town’s chief executive here asked President Benigno Aquino 3rd to replace the “slack” leadership of the Cagayan Economic Zone Authority (CEZA) for a better working relationship. ”Anybody but Chelly,” Mayor Darwin Tobias told media men in case the President decides to replace the CEZA chief administrator…

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AMID the observance of the Holy Month of Ramadan, members of the Sultanate of Sulu’s Royal Security Force (RSF) are now in “soul-searching” of their next move as they vowed not to give up on their fight to regain Sabah. Sultanate Spokesman Abra-ham Idjirani said, Rajah Muda Agbimuddin Kiram, who…

World

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SEOUL: Russia has confirmed that a North Korean leader will attend a World War II anniversary in Moscow in May, but did not specify if the leader in question was Kim Jong-Un, the Yonhap news agency reported on Wednesday. If Kim does participate, it would mark his first foreign trip…

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WASHINGTON D.C.: The United States welcomed Tuesday former Cuban leader Fidel Castro’s belated response to the thaw in ties between the Cold War foes as a sign that change is under way in Havana. “We take his reference of ‘international norms and principles’ as a positive sign,” State Department spokeswoman…

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WASHINGTON D.C.: North Atlantic Treaty Organization (NATO) allies must stay the course in Ukraine, the top US diplomat for Europe insisted on Tuesday (Wednesday in Manila), calling for alliance command and control centers to be set up quickly in Kiev’s neighbors. “We have to keep our security commitments to each…

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JAKARTA: Hopes faded on Wednesday of finding 92 victims still missing from an AirAsia plane crash as Indonesian search and rescue authorities said the remaining bodies could have been swept away or lost on the seabed. Flight QZ8501 went down in the Java Sea on December 28 in stormy weather…

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PARIS: Beijing has a crucial role to play in international climate talks being held in Paris in December, French Prime Minister Manuel Valls told Chinese state media on Wednesday, saying it was the key issue up for discussion between the two countries. “By committing to reducing greenhouse gas emissions last…

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SEOUL: Russia has confirmed that a North Korean leader will attend a World War II anniversary in Moscow in May, but did not specify if the leader in question was Kim Jong-Un, the Yonhap news agency reported on Wednesday. If Kim does participate, it would mark his first foreign trip…

Today's Breaking News

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UNITED NATIONS: Senior UN officials on Wednesday warned that trafficking in wildlife poses a serious security risk and called for a coordinated international response to combat wildlife crime. At a meeting of the General Assembly commemorating World Wildlife Day, General Assembly President Sam Kutesa said: “We need to strengthen our…

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ZAMBOANGA CITY: The government forces have clashed anew with the Abu Sayyaf Group (ASG) as law enforcement operation continues in the island province of Sulu, military officials said Thursday. Capt. Ma. Rowena Muyuela, Western Mindanao Command (Westmincom) information officer, disclosed the latest skirmish erupted around 12 noon Wednesday in Sitio…

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Troopers from the 6th Infantry Division’s Joint Task Force Central successfully recovered a Mark 2 fragmentation grenade during law enforcement operations in Barangay Iginagampong, Datu Unsay town, Maguindanao Wednesday. Capt. Jo-anne Petinglay, 6th Infantry Division spokesperson, said the explosive was owned by the Bangsamoro Islamic Freedom Fighters (BIFF) who occupied…

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Two New People’s Army (NPA) leaders wanted for a series of crimes in Quezon, Antique, and Occidental Mindoro, were arrested by combined elements of the Armed Forces of the Philippines (AFP) and Philippine National Police (PNP) during operations in Caloocan Wednesday night. Arrested were Emmanuel Bacarra and Ruben Saluta, AFP…