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Now that he’s safely ensconced in the Magic 12, Team PNoy Senate bet Paolo Benigno “Bam” Aquino 4th wants to have a second honeymoon with wife Timi. Aquino, 36, married Timi Gomez, 29, in September 2012. He said that they spent their first months as a couple campaigning. “We have…

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EIGHT Filipino supporters of Sulu sultan Jamalul Kiram 3rd who were charged with terrorism in connection with their intrusion into Sabah were sentenced to life imprisonment, according to the sultanate of Sulu and North Borneo. Abraham Idjirani, the sultanate’s spokesman, said on Wednesday they received information that the eight Filipinos…

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Victory makes forgiving and forgetting easier. This seems to be the case with reelectionist Senators Loren Legarda and Alan Peter Cayetano, strong winners in the recently-concluded elections, who on Wednesday vowed to work together after the elections. Legarda and Cayetano, who ran under the administration-led coalition Team PNoy, denied that…

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By Mayvelin U. Caraballo Reporter The remittances of overseas Filipino workers (OFWs) further rose in March 2013, reaching $1.9 billion, up by 3.7 percent year-on-year increment. The March figure brought the cumulative remittances for the first quarter of 2013 to $5.6 billion, according to the Bangko Sentral ng Pilipinas (BSP).…


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TWO divisions of the Sandigan­bayan gave Juan “Mike” Miguel Arroyo the go signal to visit Japan and Hong Kong to tour his children and grandchildren. The anti-graft court’s fourth and fifth divisions allowed Arroyo to fly abroad from June 1 to 9 to spend time with his family. He was…

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HAVING been educated in elite learning institutions like the London School of Economics, University of the Philippines-College of Law and Harvard University, it was not easy and seemed off for Rep. Juan Edgardo “Sonny” Angara of Aurora province to reach out and blend in with the masses he promises to…

Business

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Declining food and non-food prices have pushed inflation to below the targeted band, the central bank noted on Friday, supporting last month’s decision to keep policy rates steady. The rise in consumer prices slowed to 0.6 percent in the third quarter, the Bangko Sentral ng Pilipinas (BSP) said in its…

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THE Budget and Management (DBM) on Friday said that 90.2 percent of this year’s P2.606-trillion national budget had been released and that it still had enough funds to address disasters such as those caused by typhoons. Data from the Status of Allotment Releases report show that P2.350 trillion had been…

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Bank lending standards remained broadly unchanged during the third quarter but households were granted a bit more leniency, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Based on the BSP’s Third Quarter 2015 Senior Bank Loan Officers Survey (SLOS), credit standards – as measured by the diffusion index (DI)…

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THE Department of Energy (DOE) has granted the application of Roxas Green Energy Corp. (RGEC) for a Renewable Energy Service Contract. This is for the development of a 50-megawatt (MW) solar power plant in Nasugbu, Batangas. RGEC, a 100 percent owned subsidiary of Roxas & Co. Inc. (RCI), intends to…

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Typhoon Lando’s impact on economic growth will be minimal even with farm and infrastructure losses in the billions of pesos, Socioeconomic Planning Secretary Arsenio Balisacan told reporters. “For the entire year, the number P7 billion is just 0.6 percent of agricultural value-added. So for the entire GDP (gross domestic product),…

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The Philippine Stock Exchange index (PSEi) surged past 7,200 points on Friday ahead of third quarter earnings results expected next week. The benchmark index went up 1.67 percent or 118.60 points to 7,236.38, while the All Shares index also increased by 1.38 percent or 56.55 points to 4,160.64. Aristotle Reyes…

Regions

World

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BEIRUT: Lebanon’s parliament failed on Wednesday (Thursday in Manila) to elect a president, for a second time in a week, raising fears the post will remain vacant amid tensions over neighboring war-torn Syria. Damascus ally the Hezbollah bloc refused to attend Wednesday’s session, ensuring parliament was left without the quorum…

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WASHINGTON D.C.: US Senate Republicans on Wednesday (Thursday in Manila) blocked a hotly-contested effort to raise the federal minimum wage to $10.10 an hour, a move President Barack Obama vowed to turn to his party’s election-year advantage. A united Democratic front convinced just one Republican, Bob Corker, to back the…

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WASHINGTON D.C.: Washington said on Wednesday (Thursday in Manila) that China’s efforts to steal US trade secrets are of “significant concern” as it again listed the country as a major violator of intellectual property rights. In its annual “Special 301” report on IP rights violators, China led 10 countries on…

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SEPANG, Malaysia: Malaysia this week opens what it calls the world’s largest airport built specifically for low-cost airlines, a project driven by budget travel’s phenomenal growth but which debuts under the shadow of missing flight MH370. The $1.2-billion facility near the main Kuala Lumpur International Airport (KLIA) was originally targeted…

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LONDON: The British law firm that employs George Clooney’s girlfriend Amal Alamuddin confirmed on Monday (Tuesday in Manila) that the couple were engaged and offered its congratulations. Doughty Street Chambers in London said it was “delighted” that the human rights lawyer and the Oscar-winning heart-throb were to tie the knot.…

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The rumors can be put to rest. Word finally arrived on Tuesday (Wednesday in Manila( morning confirming precisely which actors will have a role in Star Wars: Episode VII, the film that will return George Lucas’ galaxy far, far away to the multiplex December 18, 2015. Adam Driver, best known…

Today's Breaking News

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Seven provinces are now under public storm warning signal No. 3 as typhoon “Glenda” has maintained its strength and continues to move westward towards Bicol Region, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Tuesday. PAGASA weather forecaster Alvin Pura said public storm warning signal No.…

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A magnitude-4.2 earthquake jolted the province of Negros Occidental on Monday morning, according to the Philippine Institute of Volcanology and Seismology (Phivolcs). In its bulletin, the agency said the tremor occurred at 3:04 a.m. with its epicenter traced 60 kilometers southwest of Hinoba-an in Negros Occidental. The town of Hinoba-an…

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SEOUL: North Korea fired two short-range missiles into the sea Sunday, Seoul’s military said, in an apparent show of anger at an upcoming joint military exercise between South Korea and the United States. The North fired the two ballistic missiles into the East Sea (Sea of Japan) at 1:20 and…