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THE Comprehensive Agreement on the Bangsamoro will be signed on March 27 in Malacañang but to the government and Moro Islamic Liberation Front (MILF) peace panels, there will be more work to be done after the inking of the historic pact. Peace negotiators who have just returned from an executive…

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PRESIDENT Benigno Aquino 3rd on Monday declared that the “padrino system” in health services for the poor has ended as he vowed to help local government officials needing health support programs from the national government. Speaking before officials of the Health department, Philippine Health Insurance Corp and various local government…

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ASIDE from rice smuggling, the Senate is also set to conduct an investigation of the alleged proliferation of uncertified and substandard steel and the allegedly rampant smuggling of imported steel products into the country, which is being blamed for the death of hundreds of people in the magnitude 7.2 earthquake…

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The Philippine government is bracing for retaliatory strikes by communist insurgents following the arrest of their top leaders. Palace spokesman Edwin Lacierda said they were “fully aware” of the possibility of retaliation after the capture of Benito Tiamzon and his wife Wilma. Wilma is the secretary general of the Communist…


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(First of a series)   Today is World TB Day but there’s no reason to celebrate because of the grim figures. Every day, 63 Filipinos die from tuberculosis. Over 700 people get TB daily but only 632 seek treatment. And not all of these patients finish their six﷓month treatment. Tuberculosis…

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PERTH, Australia: The first visual sighting of objects that might be linked to Malaysia Airlines Flight MH370 boosted search operations on Sunday for the missing airliner that mysteriously disappeared more than two weeks ago. Australian officials said a wooden cargo pallet, along with belts or straps, was spotted on Saturday…

Business

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NEW YORK CITY: Argentina reached repayment deals with more holdout creditors on Wednesday (Thursday in Manila) as it seeks to close the door on 15 years of litigation over its defaulted bonds. Daniel Pollack, the New York court-appointed arbitrator in cases involving some $9 billion in claims against the country,…

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WELLINGTON: New Zealand unexpectedly slashed interest rates to a record low on Thursday in a “shock and awe” tactic, stunning financial markets and sending the kiwi currency tumbling. The Reserve Bank of New Zealand cuts its benchmark rate 0.25 percentage points to 2.25 percent and warned there could be more…

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Wealth creation has always been one of the pressing concerns of business owners and entrepreneurs. Maximizing business assets, either for expansion or handing over to the next generation—discussions naturally evolve into how much assets are reflected in the financial statements. Does the balance sheet capture all the assets of the…

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THE Supreme Court has ruled that the “term capita refers only to shares of stock entitled to vote in the election of directors . . . and not to the total outstanding capital stock (common and non-voting preferred shares).” With this definition as provided for in the 1987 Constitution, the…

SINGAPORE BANK URGES NEXT PH GOVT

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Boosting investment growth in the Philippines will be one of the key challenges to the successor of the Aquino Administration, Singapore-based bank DBS said. “Whoever wins the presidential election in May will have plenty to prove,” DBS said in a research note. The bank said what the next government will…

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The Securities and Exchange Commission (SEC) on Wednesday approved fund raising applications totaling more that P123 billion by San Miguel Corp. and Ayala Land Inc., under the shelf registration program implemented last year. During its commission meeting, the SEC en banc approved the P73.16 billion preferred share sale of San…

Regions

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LEGAZPI CITY: Fifteen days after four European tou’rists lost their lives on the slopes of Mount Mayon, a Russian mountaineer braved breaching the volcano’s “permanent danger zone,” fell into and was stuck at a gully 1,700 meters above sea level. Both legs broken in the fall, he is now fighting…

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DINALUPIHAN, Bataan: Defeated congressional candidate Felicito“Tong”Payumo on Wednesday announced that he is going to file an electoral protest based on the outcome of the May 13 elections the results of which he described as “statistically improbable, if not impossible.” The former chairman of the Bases Conversion Development Authority who sought…

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AN Australian wanted for homicide arising from recklessness was arrested on Tuesday night at his home in a suburban village in Cabadbaran City, Agusan del Norte, police reports said on Wednesday. Reports at the PNP national operations center in Camp Crame identified the Australian as 64-year-old Grayson Ian Mitchell, a…

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NEW People’s Army (NPA) rebels have freed in Compostela Valley on Tuesday afternoon six security agency personnel they abducted and held hostage earlier in Tagum City, Davao del Norte, police reports said on Wednesday. Reports said the six, of Dasia Security Agency, were freed by the rebels at about 3:30…

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BAGUIO CITY: The city government is set to approve a P1.7-million improvement project of the Burnham Park biking area, which has become popular to visitors and residents. For only P150 to P300, children spend an hour or two to ride their bikes at the cool recreation area. Ireneo Gallato, Baguio…

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ZAMBOANGA CITY: Gunmen seized a social worker and a skipper of a fishing trawler in the restive province of Basilan , authorities said on Wednesday. It said Jennelyn Enpera, who works for the Department of Social Welfare and Development, was abducted in the town of Ungkaya Pukan. Enpera is in-charge…

World

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TOKYO: Japan is proposing jointly building Australia’s new submarines, instead of exporting a new fleet, a report said Monday, after concerns in Canberra over the effect on the domestic ship-building industry. Under the proposal, Japan’s defense ministry is to cooperate with Australia in developing special steel and other materials for…

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SEOUL: A North Korean believed to be a runaway soldier killed four Chinese citizens during a robbery after he crossed the border into China in search of food, media reports said on Monday. The young North Korean soldier crossed the border in late December and stole money and food at…

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BOSTON: The trial of the only suspect in the Boston bombings begins on Monday with jury selection, 20 months after the attack that turned the city’s annual marathon into a scene of carnage. Dzhokhar Tsarnaev, 21, a young Muslim of Chechen origin, faces the death penalty for the bombing that…

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TAIPEI: Labor participation rates for women and young and middle-aged groups in Taiwan continued to rise in 2014, according to the latest human resources survey released by the Directorate-General of Budget, Accounting and Statistics (DGBAS). The country’s overall labor force participation rate was 58.39 percent, up 0.14 of a percentage…

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BERLIN: German Chancellor Angela Merkel came under fire Sunday over a magazine report suggesting she would be prepared to let Greece exit the euro should a far-left party win a snap Greek election. Der Spiegel news weekly quoted government sources as saying Berlin sees a Greek exit from the eurozone…

Today's Breaking News

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CAGAYAN DE ORO CITY: The Department of Interior and Local Government (DILG) has sworn in Vice Mayor Roderic Marzo as Iligan City Mayor on Friday. Rene Burdeos, DILG regional director, said that Marzo would dispose the responsibilities as City Mayor following the 60-day suspension of Mayor Celso Regencia. The DILG…

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All prepaid subscribers need to register their Subscriber Identity Module (SIM) card should the proposed measure, which passed on second reading becomes a law. This after members of the House committee on Information and Communications Technology, led by Chairman and Rizal Rep. Joel Roy Duavit, unanimously approved House Bill 5231,…

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Malacañang is encouraging the public to participate in this year’s Earth Hour from 8:30 p.m. to 9:30 p.m. on Saturday (March 28) to conserve energy, hoping that Filipinos would adopt the practice on a daily basis. “Every year that this is commemorated, we see more and more people participating, but…