News

Top Stories

By
6

ANTI-crime watchdog Volunteers Against Crime and Corruption (VACC) on Sunday pushed for the revival of the death penalty for heinous crimes, including plunder, as the group assailed the government for being “inutile” in addressing corruption and in preventing crime. In an interview with The Manila Times, VACC founding Chairman Dante…

By
20

Sen. Ramon “Bong” Revilla Jr., who may be facing arrest anytime now for plunder, advised President Benigno Aquino 3rd to tell it like it is in criticizing other people, especially his perceived political enemies who are “better public servants than him.” Revilla made the statement over the weekend, adding that…

By
1

MANAUS, Brazil: Mario Balotelli scored the winner as Italy beat England 2-1 in their World Cup duel in the Amazon on Saturday, while Costa Rica provided a major shock with an upset win over Uruguay. AC Milan striker Balotelli nodded past former Manchester City teammate Joe Hart on 50 minutes…

By
0

Despite territorial stand-offs between China and other nations bordering the South China Sea, analysts say governments know better than to choke off the trade shipping routes that are the lifeblood of their economies. The escalating disputes this year between China and some of its neighbors over their rival territorial claims…


By
0

Filipino Grandmaster Wesley So has withdrawn from the United States National Open, saying the controversy over his transfer to the US Chess Federation is too much of a distraction. “I withdrew from the National Open to focus on finalizing the federation transfer process. This situation is taking a big toll…

By
1

BEIJING: China has begun building a school on the contested Paracel islands, state media reported, as the Asian giant further asserts its claims in escalating territorial disputes in the West Philippine Sea (South China Sea). The school on Chinese-held Sansha or Woody Island will serve about 40 children whose parents…

Business

By
0

CONSUMERS can expect oil price rollback this week. Pilipinas Shell Petroleum Corp. will adjust pump prices of its gasoline by P0.30 per liter, diesel by P0.20 per liter, and kerosene by P0.40 per liter effective 6 a.m., Tuesday, May 10. Petron Corp. announced in a text message sent to the media it…

By
0

The Philippine Stock Exchange Inc. is expecting a windfall of capital raising activities immediately after the presidential elections, which would largely come from initial public offerings (IPOs) of companies belonging to various industries, such as real estate, services, industrial, and construction. Hans Sicat, President and Chief Executive Officer of the…

By
0

The growth of the Philippine factory output likely slowed to 5.1 percent in March after registering 8.4 percent growth in February, the economic research arm of Moody’s Investors Service said. The growth forecast for March also shows a sharp deceleration year-on-year from the growth of 14.9 percent recorded in March…

By
0

Philippine banks’ exposure to real estate increased by 22.8 percent year-on-year as of end-2015, data from the Bangko Sentral ng Pilipinas (BSP) showed, with loans accounting for the bulk but also marking a drop in terms of soured transactions. The latest central bank data showed the real estate exposure (REE)…

PH SHARES WEEKLY OUTLOOK

By
0

Stock market investors are expected to remain on the sidelines this week awaiting the results of the Philippines’ general election, but analysts suggested external factors such as the persistent strength of the Japanese yen and speculations of a US rate hike would still have more of an impact on the…

By
0

Cavitex Infrastructure Corp. (CIC), a tollroads unit of the Manuel Pangilinan-led Metro Pacific Investments Corp. (MPIC) on Friday broke ground for the C5 South Link Project. The 6-lane expressway that will connect Circumferential Road 5 (C5) to the Manila-Cavite Expressway is a joint venture of the Philippine Reclamation Authority (PRA)…

Regions

By
7

Deputy Speaker Henedina Abad of Batanes, wife of Budget Secretary Florencio Abad, has vowed to block any fishing agreement between the Philippines and Taiwan unless the Aquino administration will earmark funding for strict border control in the fishing waters in her province against Taiwanese poachers. Abad was referring to the…

By
0

ZAMBOANGA CITY: City Agriculturist Diosdado Palacat has reported that a total of P3.65-million worth of crops and fishery products covering 361 hectares were destroyed by the flash floods spawned by continuous rains that hit this city from August 2 to 4. This city has experienced continuous rain during that period…

By
0

Alumni of former La Carlota High School, now Doña Hortencia Salas Benedicto National High School (DHSBNHS), plied anew their protest to restore the old name of their school located in La Carlota City, Negros Occidental. The move to bring the dispute to another level happened with its publication at The…

By
0

A group of Agta natives and other Casiguran town residents filed a petition before the high court asking the magistrates to annul the laws that created the Aurora Pacific Economic Zone and Free Port (Apeco). The 69-page petition sought to declare unconstitutional Republic Act (RA) 9490 or the Aurora Special…

By
0

THE Philippine National Police (PNP) sees “labor dispute” as the likely motive behind the burning of at least 11 passenger buses by a group of armed men early Monday in Pagsanjan, Laguna. PNP chief, Director Gen. Alan Purisima also expressed doubts New People’s Army (NPA) rebels could be behind the…

By
0

CAVITE: Mayor Jose Ricafrente of Rosario town in Cavite decried the national and provincial governments’ failure to render aid to the beleaguered municipality whose 11 barangays were severely affected by the recent diesel spill on portions of the Manila Bay. “We don’t beg, we do our own shares, we don’t…

World

By
0

KUALA LUMPUR: An investigation into missing flight MH370 has found no red flags relating to the crew or mechanical issues, according to an interim report released on Sunday that shed no new light on the cause of the disappearance. An international team of investigators probed the captain and co-pilot’s personal,…

By
0

BAMAKO: Five people including two Europeans and a Malian policeman died in an assault claimed by an Islamist group on a Bamako nightclub on Saturday (Sunday in Manila), the first attack targeting Westerners in a city braced for jihadist violence since 2012. At least one masked gunman entered the club…

By
0

SEOUL: North Korea hit out on Sunday accusations that it may be behind a shocking knife attack on the US envoy to the South, branding the claims a “vicious” smear campaign by Seoul. Kim Ki-Jong slashed Mark Lippert with a paring knife Thursday in an assault that left the US…

By
0

MOSCOW: Russia said Saturday it had arrested two men suspected of killing opposition activist Boris Nemtsov, who was gunned down near the Kremlin in a brazen assassination that shocked the country. The arrests come a week after the longtime critic of President Vladimir Putin was shot four times in the…

By
0

MAIDUGURI: Boko Haram pledged allegiance to the Islamic State group in an audio message published online on Saturday, after three bombs wreaked havoc in northeast Nigeria, killing 58 and wounding scores. “We announce our allegiance to the Caliph of the Muslims, Ibrahim ibn Awad ibn Ibrahim al-Husseini al-Qurashi,” Boko Haram…

By
0

BAMAKO: Three Europeans and two locals were shot dead on Saturday in a busy restaurant in the Malian capital in what security sources described as a terrorist attack. At least one gunman entered La Terrasse in an area of Bamako popular with expatriates shortly after midnight and opened fire, according…

Today's Breaking News

By
0

KANO: Up to 150 people drowned in a river or were shot dead fleeing Boko Haram gunmen who raided a remote village in Nigeria’s northeastern Yobe state, residents said on Tuesday. Dozens of militants arrived on motorcycles and in a car on Thursday last week and sprayed automatic gunfire, scattering…

By
0

BANGKOK: Thai authorities said Tuesday they were hunting a man shown on security footage strolling into a packed religious shrine wearing a bright yellow T-shirt and leaving a backpack before an explosion killed at least 20 people. The attack occurred on Monday in one of the Thai capital’s most popular…

By
0

WASHINGTON: The US Navy plans to open its famed SEAL fighting units to women, provided they can pass the notoriously difficult training course, Defense News reported. The move comes as the military announced that two American women will on Friday become the first female soldiers to graduate from the elite…

By
0

Four areas in extreme northern Luzon are under public storm warning signal as Typhoon “Ineng” has intensidied as it moves westward, according to the Philippine Atmospheric, Geophysical and Astronomical Services (PAGASA) on Wednesday. In an interview, PAGASA weather forecaster Gladys Saludes said public storm warning signal no. 1 (30-60 kph…