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KUALA LUMPUR: Malaysia said on Monday it was sending ships to investigate a sighting of what could be a life raft, as an international rescue force searched for traces of an aircraft carrying 239 people to China, which vanished two days ago. China, which had 153 of its nationals on…

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Sen. Serge Osmeña 3rd on Monday called for a congressional inquiry into reports that Indonesian magnate Anthoni Salim has gained control of media outfits and utility companies in the Philippines. He said an investigation would determine if Philippine laws, particularly the ban on foreign ownership of local utility firms, had…

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THE Manila Times College (TMTC) and the Grace Christian College (GCC) in Quezon City on Monday signed a memorandum of agreement (MoA) that allows students of GCC to obtain a journalism degree at the TMTC in addition to the degree they receive in their home school. Under the agreement, TMTC…

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(Conclusion) Business tycoon Manuel Pangilinan offered China’s state-owned oil firm access to the Spratly group of islands in the South China Sea over which the Philippines has a territorial claim, although he had no legal capacity to do so. Pangilinan, chairman and chief executive officer of Philex Petroleum Corp, offered…

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DESPITE Sen. Miriam Defensor Santiago’s insistence that Technology Resource Center (TRC) Director General (on leave) Dennis Cunanan is qualified to be a state witness, Justice Secretary Leila de Lima said her department will study Cunanan’s testimony to determine his credibility. This means that the pork barrel scam witness’s status as…

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THE United Nations (UN) on Monday vowed to continue helping victims of Super Typhoon Yolanda as it admitted that it will take years before their life will return to normal. To help farmers in Eastern Visayas, the Food and Agriculture Organization (FAO) distributed rice production packages that contained 40 kilograms…

Business

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Manila will no longer push through with a plan to import rice for buffer stocks during the lean season. In a text message to The Manila Times, NFA Administrator Renan Dalisay said the Food Security Committee decided to defer the planned importation, noting there is enough supply of the grain.…

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Rural banks welcomes the central bank’s plan to consolidate its incentives programs in its goal to further strengthen the industry. The possible modifications to the Strengthening Program for Rural Banks (SPRB) Plus that could be folded into the Comprehensive Program for Rural Banks (CPRB) are seen as a good plan…

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Electronic products were the top imports of the country in November last year, taking up 35 percent share of the total $6.095 billion worth of Philippine imports for the month. In a statement, the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi) said electronics imports last November surged…

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FULL integration of North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEX) in March would cut travel time to the country’s north by up to 40 minutes, the highways’ toll operators said on Wednesday. The highways’ concessionaire, Manila North Tollways Corp. (MNTC), said the integration is 85-percent complete and would be…

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Victorias Milling Co. Inc. (VMC) has paid its debts to EastWest Banking Corp. and may not be legally compelled to issue shares in lieu of paying its monetary obligation to the bank, the Court of Appeals ruled. In a disclosure to the Philippine Stock Exchange (PSE) Wednesday, VMC said that…

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THE Bank of the Philippine Islands (BPI), through its investment banking subsidiary, BPI Capital Corp., led a consortium of Philippine banks that raised $525 million to finance the expansion of Masinloc power plant. In a statement issued Wednesday, BPI noted that the said amount is meant to partially finance AES…

Regions

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BY SHIELA T. MAÑALAC BAGUIO CITY: After the May 13 mid-term elections, the Baguio revenue district office began its strict examination of different reports of campaign expenses of 41 politicians who recently ran for elective positions in the city. Fely Simon, revenue district officer, said that the Bureau of Internal…

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BY LEANDER C. DOMINGO BAMBANG, Nueva Vizcaya: Guided by customary laws and tradition, a tribal court has started hearing complaints filed by the Army over the May 9 ambush-slay of its two soldiers who were reportedly escorting elections materials in Kalinga province. Reports indicated that the ambush was perpetrated by…

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BY AL JACINTO ZAMBOANGA CITY: A government school here is collecting various fees from high school students despite a strict policy against collections of contributions during the enrollment period. A television report said the collections of various fees in Don Pablo Lorenzo High School were being tolerated by Pilar Gregorio,…

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BY LEANDER C. DOMINGO BAMBANG, Nueva Vizcaya: An Isabela-based soldier was killed while his 14 colleagues were injured when their military truck collided with a speeding passenger bus in Pasuquin, Ilocos Norte Thursday before dawn. The fatality was identified as Sergeant Anastacio Fernandez, a native of Isabela. He died on…

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BY CHRIS V. SANSANO MUÑOZ CITY, Nueva Ecija: A female detainee attempted suicide took stabbing herself with a kitchen knife inside a police detention cell here on Wednesday. Chief of police Supt. Peter Madria identified the detainee Juanita Manundo, 56, single mother, of Barangay Mabini, Sto. Domingo, Nueva Ecija, who…

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BY LYDIA C. PENDON ILOILO CITY: Dinagyang, the Philippines’ best tourism event invades two big cities in the United States—New York City and in Los Angeles, California. The Department of Tourism Promotions Board will shoulder the travel expenses from Iloilo City on May 31 of 23 dancers and drummers to…

World

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WINDSOR, United Kingdom: British pop legend Elton John married David Furnish on Sunday (Monday in Manila), exactly nine years since their civil partnership, with stars including David and Victoria Beckham and actor Hugh Grant attending the ceremony. The 67-year-old singer posted live updates of the event on photo-sharing website Instagram,…

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BEIRUT: At least 20 Islamist State (IS) group members were killed in the second failed jihadist bid in a month to take over an air base in eastern Syria, a monitoring group said Sunday. “The IS tried, starting late Saturday, to storm the air base. A total of 20 jihadists…

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TUNIS: Anti-Islamist candidate Beji Caid Essebsi has claimed victory in Tunisia’s first free presidential election but bitter rival and incumbent Moncef Marzouki dismissed the declaration as unfounded and refused to concede defeat. Tunisians took to the polls on Sunday for the leadership runoff vote, with many calling the ballot a…

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MOSCOW: Deep recession, skyrocketing prices and a fragile banking system: although the ruble seems to have stabilized after its abysmal drop this past week, Russia still faces the heavy consequences of the turbulence. For most Russians, the week ended with relief: after trading at unbelievable levels of 80 to the…

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HAVANA: Cuban President Raul Castro said on Saturday (Sunday in Manila) he was ready to discuss any topic with Washington after the historic bilateral rapprochement, but warned not to expect political change. And while the leader of the Americas’ only communist nation hailed the agreement for removing of an “obstacle”…

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NEW YORK CITY: Two New York police officers were shot dead in broad daylight on Saturday as they sat in a patrol car by an assailant who then killed himself, officials and reports said. The shootings, just days before Christmas, follow weeks of protests condemning a series of deaths of…

Today's Breaking News

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Crowds, mostly with Roman Catholic backgrounds, have started trooping to the SM Mall Of Asia (MOA) in Pasay very early in the morning in a bid to catch a glimpse of Pope Francis who is expected to meet with Filipino families at 5:30 p.m. Friday. As early as 4:00 a.m.…

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MIAMI: Two men are about to spend a year at the orbiting International Space Station, in an experiment that will test the limits of the human body and mind. American astronaut Scott Kelly and Russian cosmonaut Mikhail Kornienko will launch aboard a Russian Soyuz spacecraft on March 27, and they…

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LOS ANGELES: Hollywood is counting down the hours before the unveiling early Thursday of nominees for this year’s Oscars, the climax of Tinseltown’s awards season. Coming-of-age drama “Boyhood” and dark comedy “Birdman” are expected to be among the frontrunners for coveted Best Picture honors. “The Imitation Game,” “Selma,” “The Theory…

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Filipinos from all walks of life on Friday expressed their love and devotion to Pope Francis as his simple Volkswagen (people’s car in Germany) traversed the corner of Quirino Avenue and Osmena Highway on his way to Malacanang Palace on Friday morning. Men, women and children by the thousands waited…