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Pilipinas Shell, Seaoil and Chevron will reduce prices of kerosene by 95 centavos per liter and diesel by 85 centavos per liter effective from 12:01 a.m. of Tuesday. Petron will implement the same rollbacks from 6 a.m. today. There is no price adjustment for gasoline, however. Other oil companies are…

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GOVERNMENT officials who may have had the best intentions in moving funds will still have to be punished for violating the law, the Supreme Court said in its ruling on a case that has similarities to the transfer of funds under the Disbursement Acceleration Program (DAP). The High Court stressed…

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Former Iloilo Rep. Augusto “Boboy” Syjuco has filed an impeachment complaint against President Benigno Aquino 3rd at the House of Representatives but it was not endorsed by any lawmaker. The law allows citizens to file complaints provided they get a lawmaker’s endorsement. “Our people deserve no less than faith, justice,…


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Pope Francis is to visit the Philippines, Asia’s bastion of the Catholic faith, in January 2015 to comfort victims of disasters including Super Typhoon Yolanda, local church leaders said on Monday. Specific details of the trip were not released, but Manila’s Archbishop Luis Tagle said the pope viewed Asia as…

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Senior church leaders in the conservative Philippines said Monday they support the use of marijuana to ease the pain of the terminally ill, but not for recreational reasons. The leaders outlined their stance after a bill was filed in the legislature which would legalize the medical use of marijuana. Tough…

Business

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WASHINGTON, D.C.: US consumers tightened the grip on their wallets in May after an April splurge but spending remained solid in the economy’s main growth engine, official data showed on Wednesday. Personal spending rose 0.4 percent last month, the Commerce Department reported, which was stronger than expected. Adding to the…

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LONDON: Britain’s banking sector is “well placed” to deal with the fallout after the country’s shock vote to leave the European Union, the minister overseeing the financial sector said Wednesday. Harriett Baldwin, addressing a retail banking conference in central London, told delegates that the industry—ravaged by the global financial crisis—had…

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WASHINGTON, D.C.: The Federal Reserve said Wednesday that US operations of Germany’s Deutsche Bank and Spain’s Santander had failed an annual stress test, citing weaknesses in their capital planning and risk management. The Fed granted a conditional approval to US investment bank Morgan Stanley to return funds to shareholders, while…

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WASHINGTON, D.C.: The US Senate passed a bipartisan measure on Wednesday (Thursday in Manila) that would allow Puerto Rico to restructure its $70-billion debt just two days before the island was to careen into massive default. The bill, which easily passed by a vote of 68 to 30, has now…

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The peaceful transfer of power yesterday from former President Benigno Aquino 3rd to new President Rodrigo Duterte was a showcase to the global audience that democracy is working in the Philippines. Simple yet elegant, the ceremonies left a good impression about our young republic taking its rightful place among the…

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I have been in the accounting public practice industry for more than 25 years and have been privileged to be exposed to various industries and stakeholders. I have witnessed firsthand how the business world has changed so much, especially in recent years due to changes in economic conditions, rapid globalization,…

Regions

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ZAMBOANGA CITY: Five people were shot in separate attacks in Zamboanga Peninsula, police said Monday. Police said among those wounded in the attacks were a village official and a woman and that investigations into the weekend violence have begun. Chief Inspector Ariel Huesca, a regional police spokesman, said a gunman…

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GOVERNMENT security forces have captured three more New People’s Army (NPA) camps in Samar province. Capt. Amado Gutierrez, spokesman, 8th Infantry Division, on Monday said the camps were located in the hinterland villages of Northern Samar. The first camp, he said, was discovered by elements of Bravo Company, 63rd Infantry…

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KIDAPAWAN CITY: Suspected New Peoples’ Army (NPA) rebels set fire anew heavy equipment owned by a building construction company, in a shortcut road linking the agricultural province of North Cotabato to Davao city, the military said. Spokesman of the Army’s 70th Infantry Battalion Lt. Nasrullah Sema said 10 suspected combatants…

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INCUMBENT mayor Jefferson Soriano of Tuguegarao City is pushing for a hearing before the Sandiganbayan takes up the move of the Office of the Ombudsman that asked for his ouster from office. In a two-page motion, Soriano, who stands trial over the P34-million Robinson chopper controversy, said that a pre-suspension…

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The Bureau of Internal Revenue (BIR)–Revenue District Office (RDO) No. 11 recently closed two specialty restaurants in Kalibo town, the gateway to the world famous Boracay Island, for under declaring their sales to cut down on tax payments. In an interview, RDO No. 11 regional director lawyer Romulo Aguila Jr.…

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THE National Economic and Development Authority in Region 6 (NEDA-6) will orient local government units (LGUs) in Iloilo province on public-private partnership (PPP) to help the province in their development plans and to attract more private investors. NEDA-6 Regional Director Ro-Ann Bacal said it will be easier for LGUs and…

World

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ADEN: Yemen’s Shiite militia sent reinforcements south and clashed with local fighters on Monday after the United Nations warned the country is on the brink of a protracted civil war. Security sources said the militiamen, known as Huthis, had sent thousands of troops and clashed with Sunni tribes, with their…

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BEIJING: Singapore’s population is less than 0.5 percent of China’s, but its founding father Lee Kuan Yew wielded significant weight with the Asian giant as model, adviser, critic and geopolitical realist. Lee, who died Monday at 91, was a British-educated ethnic Chinese who mixed stern government with free-market economics, and…

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BRUSSELS: From toy-shaped cigarette lighters to a short-circuiting plush rabbit that catches fire, a European safety watchdog warned late on Monday of a growing number of dangerous products for sale, with most coming from China. The watchdog said it had issued 2,435 notifications of unsafe products ranging from children’s playthings…

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TOKYO: Japanese Prime Minister Shinzo Abe will embark on a week-long US tour next month as the two former enemies prepare to mark the 70th anniversary of the end of World War II. In addition to talks in Washington, Abe will tour Boston, San Francisco and Los Angeles during the…

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NEW DELHI: India’s top court on Tuesday struck down a controversial law that made posting “offensive” comments online a crime punishable by jail, a ruling which free speech campaigners hailed as a victory. The Supreme Court said the 2009 amendment to India’s Information Technology Act, known as section 66A and…

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WASHINGTON D.C.: American lawmakers voted overwhelmingly on Monday (Tuesday in Manila) to urge President Barack Obama to provide Ukraine with lethal weapons to defend itself against Russian “aggression.” The US House of Representatives approved the resolution in a broadly bipartisan 348-48 vote, heaping further pressure on the Obama administration to…

Today's Breaking News

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Four flights were cancelled on Friday morning due to bad weather brought by tropical storm “Kabayan”, the Manila International Airport Authority (MIAA) said in an advisory as of 8 am. MIAA said that among flights cancelled include 2P 2051 (Manila-Caticlan), and 2052 (Caticlan-Manila). These flights belong to PAL Express. Also…

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LOS ANGELES: Three more women, including a former Mrs America, came forward to accuse US comedian Bill Cosby of sexual assault. The women spoke at a news conference in Los Angeles, tearfully recalling their encounter with the disgraced comedian and how he allegedly abused them. The three join dozens of…

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SAN FRANCISCO: Twitter co-founder Jack Dorsey is expected to stay on as the company’s chief, bringing an end to the company’s plodding search for a top executive, according to a report Wednesday. Tech news website Re/code cited unnamed sources as saying that Dorsey’s shift from interim to permanent chief executive…

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SAN FRANCISCO: Apple on Wednesday began offering Apple Music and other digital content in China, putting a bargain price on the service in the high-priority market. Along with the streaming music service, Apple opened the online doors of iTunes Movies and iBooks to customers in China. “Customers in China love…

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SYDNEY: Ousted Australian leader Tony Abbott conceded Thursday that his decision to award Britain’s Prince Philip a knighthood, which sparked a huge public and political backlash, was “injudicious”. Abbott — a London-born staunch monarchist who lost his job as prime minister in a party coup two weeks ago — was…