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Members of militant groups held a protest rally in front of the Chinese Embassy in Makati City on Wednesday to protest China’s bullying in the West Philippine Sea (South China Sea.) The West Philippine Sea Coalition, an umbrella-organization of about 30 cause-oriented groups, said the demonstration was part of the…

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MALACAÑANG on Wednesday vowed an exhaustive, impartial, and fair investigation of the alleged ‘pork’ scam even if some allies of President Benigno Aquino 3rd have also been linked to the controversy. Palace spokesman Edwin Lacierda said “no stone will be left unturned” in the investigation and all evidence will be…

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At least 34 electoral protests have been filed before the House of Representatives Electoral Tribunal (HRET) since Congress opened its regular session on Monday. Speaker Feliciano Belmonte, Jr. said the 34 protests include the cases filed against Dr. Angelina Tan of the Fourth District of Quezon and Marindique Rep. Regina…

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The Bangko Sentral ng Pilipinas (BSP) on Wednesday warned the public against the proliferation of fake checks. In a statement, the Central Bank said unscrupulous persons pass off fake checks by pretending to be authorized BSP representatives and would ask for money from victims in exchange for fraudulent checks that…


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JUSTICE Secretary Leila De Lima on Wednesday ordered the dismissal of five officers and personnel of the Bureau of Corrections (BuCor) and New Bilibid Prisons (NBP) for negligence in allowing the out-of-prison trips of homicide convict Jose Leviste in May 2011. In a resolution dated July 11which was signed by…

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Afghanistan’s first and only female provincial governor and an aid worker from Myanmar’s Kachin minority are among the winners of this year’s prestigious Ramon Magsaysay awards, the award foundation said on Wednesday. The Manila-based Ramon Magsaysay Award Foundation, named after a popular Filipino president who was killed in a plane…

Business

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SM Investments Corp. (SMIC), the holding firm of the richest man in the Philippines, Henry Sy, said its consolidated net income improved by 7 percent to P19.4 billion in the first nine months of the year, from P18.15 billion a year earlier, due to the strong performance of its property…

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TAKING its cue from the market, Metro Retail Stores Group Inc. has cut the offer price of its maiden share sale from the initially announced P6.10 per share to just P3.99 each. In a disclosure to the Philippine Stock Exchange (PSE), Metro Retail Chairman and Chief Executive Officer Frank S.…

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PUBLICLY listed Asia United Bank (AUB) is offering up to P5 billion in Tier 2 unsecured subordinated notes to boost its capital base and comply with the central bank’s Basel III regulations. In a disclosure to the Philippine Stock Exchange, AUB said the Tier 2 notes will be offered to…

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PRIVATE firms with small to medium market capitalization should list on the Philippine Stock Exchange (PSE) to reap the benefits of local and international recognition. Leonardo Arguelles Jr., managing director of investment bank Unicapital Inc., said more Philippine firms should list publicly and raise funds in the stock market rather…

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MANILA Water Co. Inc. (Manila Water) is expanding its presence in Vietnam with the acquisition by its Singapore unit of a stake in Cu Chi Water Supply Sewerage Co. Ltd. for about $6.9 million. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, Manila Water said its Singapore…

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Filipino-Italian green-builder Italpinas Development Corp. (IDC) is aggressively pursuing its land banking program outside Metro Manila, aiming to create opportunities for the provincial property market. “Through a combination of qualitative and quantitative market studies, the company has identified target acquisitions located in Subic in Zambales; Lipa, Batangas; Cagayan de Oro…

Regions

World

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BEIJING: Nine people were sentenced to up to 14 years’ jail for terror-related offenses at a public rally in China’s far-western Xinjiang, officials said, the latest step in Beijing’s “strike hard” campaign in the mainly Muslim region. Their offenses included leading and participating in terrorist organizations and inciting separatism, according…

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PESHAWAR: Pakistani police arrested hundreds of people on Wednesday (Thursday in Manila) after gunmen opened fire on a passenger plane during its landing approach, as fighter jets hit militant targets in the latest round of an anti-Taliban offensive. The attack at Peshawar airport in the country’s northwest killed a female…

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SEOUL: After two failed attempts to appoint a new prime minister, South Korean President Park Geun-Hye announced on Thursday her “agonized” decision to retain the incumbent who had resigned over April’s ferry disaster. In an effort to assuage criticism of the government’s emergency response, Chung Hong-Won had resigned just 10…

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WASHINGTON D.C.: The United States said on Tuesday (Wednesday in Manila) it has suspended more assistance to Thailand in response to a military coup and was considering moving a major regional exercise out of the kingdom. Washington has blocked $4.7 million in security-related aid to Thailand, which accounts for roughly…

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LONDON: Hundreds of journalists from the BBC and other news organizations held a silent protest in London on Tuesday (Wednesday in Manila) in support of Al-Jazeera reporters jailed by an Egyptian court. The journalists, many with black tape over their mouths, gathered outside the BBC’s broadcasting headquarters to express their…

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BEIJING: Two weeks ago, Matthew Prince, the chief executive of San Francisco tech company CloudFlare, had no clue that people in Hong Kong were preparing to hold a controversial online referendum on democratic reforms. By Thursday night, half a world away from the southern Chinese city, he found himself on…

Today's Breaking News

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DOHUK, Iraq: US troops assessed the situation Wednesday of thousands of civilian refugees trapped by jihadists on a northern Iraqi mountain, after the United States carried out air strikes against Islamic State militants. A US military official said the small party of special forces soldiers returned safely to base. “They…

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Housing prices have skyrocketed in a residential area of Pyongyang where the foreign embassies are located as North Koreans are scrambling to move to that area, expecting to use the embassies’ Wi-Fi, North Korea Intellectuals Solidarity (NKIS) — a Seoul-based think tank — reported on August 6. The world wide…

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UNITED NATIONS: United Nations Secretary- General Ban Ki-moon on Wednesday called for UN system-wide support to the World Health Organization’s efforts to fight Ebola. “This morning the secretary-general chaired a UN system-wide coordination on Ebola,” Ban’s spokesperson Stephane Dujarric told reporters here at the daily briefing. “He stressed the need…

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WASHINGTON: About 1.65 million heart-related deaths per year can be attributed to sodium consumption above the World Health Organization’s recommendation of 2.0g per day, a new study said Wednesday. The study, published in the U.S. journal The New England Journal of Medicine, collected and analyzed existing data from 205 surveys…

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Good weather will continue to prevail in the next three days due to the ridge of high pressure weather system now affecting the country, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Thursday. PAGASA weather forecaster Alvin Pura said due to monsoon break, expect a good weather…

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Gullible consumers can still buy “Jamu Sehat Badan,” an unregistered food supplement from Indonesia, despite repeated public health warnings against its sale and consumption. “Health authorities have twice reminded the public against consuming the powdered herbal drink Jamu Sehat Badan, but we still find it openly traded in Quiapo and…