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MALACAñANG on Friday admitted that the country still lags in terms of basic infrastructure, services and revenue base despite the “gratifying” decision of Standard and Poor’s to raise the Philippines’ credit rating on account of government reforms. “We are gratified by Standard and Poor’s decision to raise the Philippines’ credit…

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Malacañang is confident that the Aquino administration will win the supposedly strong criminal cases that it has filed against former president and now Pampanga Rep. Gloria Macapagal-Arroyo. In a news briefing on Friday, Presidential Communications Secretary Herminio Coloma Jr. said the cases against the previous leader will be able to…

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The Philippine National Police (PNP) on Friday said it has a detention cell at its headquarters that are always ready to take in high-profile detainees. PNP information office head, Chief Supt. Reuben Theodore Sindac, said the PNP Custodial Center in Camp Crame in Quezon City is ready to accommodate these…

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SAN ANTONIO, Zambales: Scores of US and Filipino Marines launched mock assaults on a South China Sea beach in the Philippines on Friday in war games aimed at honing the allies’ combat skills. The exercises came as tensions simmer between the Philippines and China over rival claims to the strategic…


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A Quezon City court on Friday ordered the detention at Camp Bagong Diwa Jail Facility in Taguig City (Metro Manila) of a recently arrested police officer for his alleged involvement in the November 2009 Maguindanao Massacre. Judge Jocelyn Solis-Reyes of Regional Trial Court Branch 221 in her commitment order directed…

Business

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The best time to invest in property was in the past, said Nimrod Flores, broker and blog editor of startup real estate services firm Phil Property Expert, in the firm’s blog titled “Real Estate Investing.” For instance, Flores cited, the average price per square meter of a prime three-bedroom condominium…

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MADRID: Mexican billionaire Carlos Slim’s holding company Inversora Carso said Friday it would launch a bid for all of Spain’s debt-laden construction group FCC. The company said in a statement sent to Spanish stock market regulator CNMV it would pay 7.60 euros ($8.36) for each share of FCC which it…

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ZURICH: A fragile calm in global financial markets has given way to all-out turbulence, the Bank of International Settlements (BIS) said on Sunday, warning of a “gathering storm” which has long been brewing. In its previous quarterly report, watched closely by investors, the BIS—which is known as the central bank…

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SHANGHAI: Chinese telecommunications equipment giant ZTE said on Monday that it is facing US government restrictions, after a media report that the company allegedly violated US export controls on Iran. In statements to the Hong Kong and Shenzhen stock exchanges, ZTE said trading in its shares had been halted over…

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BEIJING: China’s labor regulations harm workers by reducing job opportunities, the finance minister said Monday as Beijing tries to restructure its economy while avoiding mass layoffs and social unrest. The labor contract law passed in 2007 restricts companies’ ability to fire workers. Minister Lou Jiwei said it was discriminatory toward…

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MUNICH, Germany: German luxury carmaker BMW will throw a lavish 100th birthday party on Monday, looking back at its often troubled history and forward as it seeks to adapt to the age of “personal mobility.” In its home city of Munich the iconic headquarters, a complex dubbed the “BMW four-cylinder,”…

Regions

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AUTHORITIES detained an Australian on Tuesday who stabbed and tried to rape his neighbor in Batangas City, police reports said on Wednesday. Australian Paul Javens Harison, 56, of Sydney, residing at Perlas Compound in Barangay Kumintang Ilaya, Batangas City was arrested by police operatives after his female neighbor lodged a…

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ILOILO CITY: A boundary dispute between the municipalities of Laua-an and Bugasong in northern Antique and the concerns of indigenous people added to the problems that further delay the completion of the first hydroelectric power plant in Western Visayas. The regional project monitoring committee (RPMC) in the region chaired by…

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SUSPECTED communist rebels tossed a hand grenade at an Army base on Tuesday night in an effort to get back at the government forces, the Army said. First Lt. Nashrullah Sema of the 57th Infantry Battalion said that the attack could be part of the retaliation of the New People’s…

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THE Provincial Government of Pampanga has put up a medical ward at Romana Pangan District Hospital that would cater to members of the Aeta community. The new Indigenous People’s (IP) ward is to be used solely by Aetas who are sick and their family members tending to them. The facility…

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MILITARY and police operatives arrested a suspected rebel leader wanted for murder in an operation in Lucban town in Quezon Province on Tuesday. Authorities identified the nabbed suspect as Aristides Sarmiento, a member of the Kilusang Magbubukid ng Pilipinas and secretary of the New People’s Army’s Sub-Regional Military Guerilla Unit…

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THE Philippine National Police (PNP) on Tuesday described a so-called drive-by shooting in San Pedro, Laguna as a “daring rescue attempt” by members of the dreaded Ozamis Group to take their recaptured leaders from the authorities. The rescue try went awry that cost the lives of the two leaders of…

World

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RIYADH: A woman who co-founded the Saudi Liberal Network Internet discussion group with blogging activist Raef Badawi has been freed after about three months in prison, her daughter said on Sunday (Monday in Manila). Suad al-Shammari had spent around 90 days at a women’s prison in the Red Sea city…

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ADDIS ABABA: Africa loses at least $50 billion (44 billion euros) a year to illicit practices like tax fraud, corruption and organized crime, a worrying situation that is hurting the continent’s economies, a United Nations-mandated study group warned Sunday (Monday in Manila). Illicit financial flows — which range from international…

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BEIJING:  A firm has won a contract to supply cabling for a second Chinese aircraft carrier, comments by local authorities suggested in the latest sign that Beijing is boosting its maritime power, although news of the development was swiftly deleted online. Authorities in Changzhou said on a verified social media…

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DUBAI: Programming at a pan-Arab news channel owned by Saudi billionaire Prince Alwaleed bin Talal was unavailable on Monday, hours after its first transmission from Bahrain. The satellite feed of Alarab News Channel showed only promotional material, and an Alarab executive declined to comment. The channel took to the air…

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DEBALTSEVE, Ukraine: Battles raged Sunday between government forces and pro-Russian rebels for control of a strategic transport hub as the death toll mounted in east Ukraine following the collapse of ceasefire talks. Intense artillery fire thundered around the Kiev-controlled town of Debaltseve, a key position between the rebel bastions of…

Today's Breaking News

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BEIJING: China’s former state assets chief Jiang Jiemin — an ally of ex-security chief Zhou Yongkang — was tried for corruption Monday, one of the highest-ranking figures to fall in the country’s much-publicised anti-graft drive. Jiang appeared at the Hanjiang Intermediate People’s Court in the central province of Hubei, it…

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BERLIN: Employees at German auto giant Volkswagen urged management Monday to settle a bitter power struggle and focus instead on running Europe’s biggest carmaker following media reports of strained relations between VW’s supervisory board chief and its CEO. “We ask that the focus should return to the successful day-to-day running…

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SINGAPORE: Global police organization Interpol on Monday formally opened a new office in Singapore that will provide additional support to law enforcers and boost the fight against Internet-based criminal activities. The new Interpol Global Complex for Innovation (IGCI) will ensure that the agency is “best placed to assist police forces…