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President Benigno Aquino 3rd on Saturday said his state visit in Malaysia will lead to more trade and bigger investments that could reach $3.5 billion. The President made the announcement in his arrival statement at the Ninoy Aquino International Airport. “It has been clear that relations between the Philippines and…

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THE Malaysian government has been aggressively pursuing the signing of the peace pact between the Philippine government and the Moro Islamic Liberation Front (MILF) for two reasons—its territorial hold on Sabah and the development of Liguasan Marsh in Mindanao, an area rich in gas reserves. A book published by the…

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MARIVELES, Bataan: Lugie Bagani has not returned to fish at the Panatag Shoal (Scarborough Reef) for a month now, or since Chinese vessels drove away Filipino fishermen using water cannon. “We never returned to the shoal because they were training hoses at us,” Bagani, the skipper of the fishing boat…

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THE United Nationalist Alliance (UNA) on Friday blasted the Ombudsman’s special prosecutor for its unusual interest in digging up decades-old charges against former Mayor Elenita Binay of Makati a move it said is being orchestrated by Malacañang. Navotas Rep. Toby Tiangco, UNA secretary general, said the 2016 election is the…

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It’s only a stopgap measure. The truck holiday is not over. The Bureau of Customs (BOC) on Friday extended the operating hours at the Port of Manila and the Manila International Container Port (MICP) to address the backlog brought about by the three-day truck holiday earlier this week. Deliveries, however,…

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Optimism among businessmen polled about the Philippine economy waned in the first quarter, though hope remained that prospects would improve in the next three months, results of the central bank’s latest Business Expectations Survey (BES) show. In a press briefing on Friday, the Bangko Sentral ng Pilipinas (BSP) announced that…

Business

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INFLATION accelerated to 1.5 percent in December, bringing the full-year 2015 average to 1.4 percent or below the government’s target for the year. The result was the fastest acceleration in seven months, rising from November’s 1.1 percent but still below the 2.7 percent recorded in December last year. It fell…

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Remittances could be affected by escalating tensions in the Middle East but overall inflows will continue to grow as Filipinos seek work abroad, the Bangko Sentral ng Pilipinas (BSP) said. Saudi Arabia severed diplomatic ties with Iran on Sunday after protesters ransacked its embassy in Tehran following the execution of…

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Micro-banking offices (MBOs) have been allowed to approve and open deposit accounts for clients with their allowable activities having been expanded as part of the Bangko Sentral ng Pilipinas’ (BSP) financial inclusion efforts. The central bank said on Tuesday that it had recently approved a measure that would enable MBOs…

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REGISTERED companies, prospective investors, and industry players are generally satisfied with the performance of the Philippine Board of Investments (BOI), according to the Stakeholders’ Engagement Survey conducted by Novo Trends PH, an independent social research survey company based in the Philippines. The survey was conducted in September 2015 and the…

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METRO Pacific Tollways Development Corp. (MPTC), a subsidiary of Metro Pacific Investments Corp. (MPIC), on Tuesday received the Notices of Award (NOA) for the P27.9- billion Cebu-Cordova Bridge project. MPTC disclosed to the Philippine Stock Exchange (PSE) that it had received the NOAs from both the City of Cebu and…

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SUMISETSU Philippines Inc. (SPI), an affiliate of Sumitomo Densetsu Co. Ltd. of Japan, is the first organization in the Philippines to achieve the newly released ISO 9001:2015 certification. The company has successfully maintained its ISO 9001 Quality Management System (QMS) since its first certificate on December 1, 2003 from certifying…

Regions

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A Regional Trial Court in Naga City sentenced two drug pushers to life imprisonment after being found guilty of violating Article II of Republic Act 9165, or the Comprehensive Dangerous Drugs Act of 2002. Undersecretary Arturo Cacdac Jr., director general of the Philippine Drug Enforcement Agency (PDEA), identified the convicted…

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Communist rebels seized the firearms of a former village leader and a civilian in Zamboanga del Sur’s Lapuyan town, police said Sunday. Authorities reported that about a dozen gunmen wearing military uniforms entered the village of Mandeg and introduced themselves as New People’s Army (NPA) rebels. The group proceeded to…

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Zamboanga City: Motorcycle-riding gunmen shot and killed two persons in an attack over the weekend in the town of Liloy in Zamboanga del Norte province, police said. Police said Jessie Velasco, 37, and Rafael Callao, 68, were traveling on a motorcycle when masked gunmen shot them. The attackers were tailing…

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A militant peasants’ organization on Sunday criticized the Department of Agrarian Reform (DAR) for its bid to subject Hacienda Luisita to a sugar block-farming scheme. The Kilusang Magbubukid ng Pilipinas (KMP), in a statement, claimed that the scheme would allow the Cojuangco family to retain control over Hacienda Luisita. Hacienda…

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Government troops arrested a man who was transporting antitank explosives in Davao City, military officials reported on Sunday. Joey Atienza was driving his motorcycle when soldiers intercepted him over the weekend at a checkpoint in the village of Mabuhay in Paquibato district, a known lair of New People’s Army (NPA)…

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Baguio City: The Overseas Workers Welfare Administration (OWWA) Cordillera Regional Office, for the second consecutive year, held a summer workshop for the families of overseas Filipino workers (OFWs) in the Baguio-Benguet area. The summer program, focused on the theme, “Strengthening Family Values, Stewardship Formation and Economic Reintegration,” was held in…

World

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TOKYO: Japan was voting on Sunday in a snap general election which Prime Minister Shinzo Abe has billed as a referendum on his economic policies after the success of his first two years faded as the country slumped into recession. The premier is seeking public blessing for “Abenomics”—his signature plan…

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WASHINGTON, D.C.: The United States Congress on Saturday (Sunday in Manila) unanimously approved fresh economic sanctions against Russia and lethal weapons for Kiev, defying President Barack Obama and hardening American lawmakers’ response to a Kremlin-backed insurgency in Ukraine. Identical texts of the Ukraine Freedom Support Act passed both the Senate…

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LIMA: United Nations members pressed ahead on Sunday with a vision for a historic pact to defeat climate change by adopting a format for national pledges to cut Earth-warming greenhouse gases. At a marathon conference in Lima, they also approved a blueprint to guide negotiations for the deal due to…

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NEW YORK CITY: At least 25,000 protesters paralyzed parts of New York City and thousands more marched in Washington on Saturday (Sunday in Manila), stepping up demonstrations across the United States demanding justice for black men killed by white police. The rallies in the capital, New York, Boston and in…

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WASHINGTON, D.C.: The US Congress passed a $1.1-trillion spending bill for fiscal year 2015 on Saturday (Sunday in Manila), capping a week of acrimonious wrangling while averting a government shutdown and sending the measure to President Barack Obama. The bill, which narrowly cleared the House of Representatives on Thursday (Friday…

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JEMBLUNG, Indonesia: Rescuers searching for more than 80 people missing after a landslide in Indonesia deployed bulldozers and excavators on Sunday to battle their way through roads strewn with debris to the site of the disaster, officials said. At least 26 people have been confirmed dead after torrential downpours triggered…

Today's Breaking News

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ZAMBOANGA CITY: Government forces have recovered 13 high-power firearms and ammunition as law enforcement operations against the Abu Sayyaf brigands continue in the island province of Sulu, a military official announced Friday. Lt. Gen. Rustico Guerrero, Western Mindanao Command (Westmincom) chief, said the firearms were recovered Wednesday in Barangay Mangis,…

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In view of the two major events to be held in the country next year – namely, the Papal visit and the Asia-Pacific Economic Cooperation Ministerial Meetings – Senate President Franklin M. Drilon urged President Aquino to decide on the fate of embattled Philippine National chief Allan Purisima. “In an…

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GENEVA: Weaknesses in west African healthcare systems exposed by the Ebola outbreak will require hundreds of millions of dollars to rectify if they are to withstand future shocks, health chiefs said on Thursday (Friday in Manila). Even as Sierra Leone, Guinea and Liberia continue to battle the virus that has…

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LOS ANGELES: Trailblazing black supermodel Beverly Johnson came forward Thursday with new accusations that comedian Bill Cosby drugged her decades ago, joining a slew of women who have accused the 77-year-old of abuse. Johnson, 62, made her allegations in a first-person story published in Vanity Fair magazine titled “Bill Cosby…