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STI Education Systems Holdings Inc. has filed another petition for foreclosure, this time on a third property of the Benitez-owned Philippine Women’s University (PWU) in Davao City. In a disclosure to the stock exchange, STI said the company — together with its wholly owned unit, Attenborough Holdings Corp. (AHC) –…

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AUSTRALIAN miner OceanaGold Corp., which owns and operates the high-grade gold-copper Didipio Mine in northern Luzon, has declared a $0.04 per common share dividend, or an aggregate dividend of about $12 million, after posting a record profit for 2014. On Thursday, OceanaGold said that for a second consecutive year and…

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City of Dreams Manila, the newly opened $1-billion integrated hotel, resorts, casino and entertainment complex, is ramping up its finishing touches for the anticipated arrival of high rollers likely in six months’ time. Manuel Gana, chief financial officer of Belle Corp. which holds the land titles and rights where City…

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The Ayala-led Manila Water Co. Inc. will invest P742 million in two wholly owned subsidiaries in a bid to further improve its services and meet working capital needs. In a disclosure to the Philippine Stock Exchange, Manila Water said its Board approved the additional capital infusion of P492 million to…

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FRANKFURT: The European Central Bank (ECB) could restore a key channel of financing to Greek banks if Athens agrees to continue its program of reforms, Bundesbank President Jens Weidmann said on Thursday (Friday in Manila). Greece formally requested a six-month extension to its EU loan program on Thursday. In its…

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BRUSSELS: Europe and Greece battle on Friday to reach a last-minute bailout compromise with powerhouse Germany adamant that Athens accept further austerity in return for more aid. Finance ministers from the 19-member eurozone meet in Brussels later Friday to consider a take-it or leave-it proposal by Athens to extend its…

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BEIJING: Authorities in China’s restive Xinjiang region have issued a “most wanted” list and offered rewards for tipoffs, a government website said on Wednesday, continuing the forceful official response to recent unrest ahead of a sensitive anniversary. After two violent incidents left at least 35 people dead last week, China…

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WASHINGTON, D.C.: The United States (US) placed a Myanmar general on its sanctions blacklist on Tuesday (Wednesday in Manila) for arms deals with North Korea that violated the United Nations (UN) Security Council embargo on buying weapons from Pyongyang. Weeks after a landmark visit to Washington by Myanmar President Thein…

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CAIRO: Egypt’s President Mohamed Morsi vowed he would not quit despite mass protests demanding his resignation and an army ultimatum as fresh deadly violence rocked capital Cairo. In a televised address on Tuesday evening, the embattled leader said he had been freely elected to lead the troubled nation little more…

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PRESCOTT: The United States (US) military on Tuesday (Wednesday in Manila) ordered four air tankers to join fire-dousing efforts in Arizona, where firefighters were battling a still out-of-control inferno, which killed 19 of their comrades. The Modular Airborne Fire Fighting System (MAFFS) planes will be redeployed from other states to…

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WASHINGTON, D.C.: President Barack Obama’s administration announced on Tuesday (Wednesday in Manila) that it will not enforce part of the federal health care law until 2015, delaying penalties on employers who do not provide health insurance for workers. The one-year delay raised concerns about the government’s ability to implement Obama’s…

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MOSCOW: Fugitive United States (US) intelligence leaker Edward Snowden’s struggle to find a safe haven sparked a diplomatic row on Wednesday after Bolivia President Evo Morales’s plane was diverted to Austria over suspicions he was on board. The incident happened hours after Morales had said his country would consider a…

Today's Breaking News

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A former member of the Nursing board of the Professional Regulation Commission (PRC) is facing six years behind bars after the Sandiganbayan found that she hired a typist to replicate the nursing exam questions despite being unauthorized to do so. In spite of this conviction, the real culprit as to…

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A lawmaker on Thursday urged the Congress to review the planned construction of Metro Rail Transit (MRT) 7 and investigate the conflicting interests surrounding the project. Anakpawis Party-list Rep. Fernando Hicap filed  House Resolution No. 532 to scrutinize proposal. He said that the proposed MRT 7 project is “questionable and…

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An abandoned cargo filled with high-powered firearms was discovered on Thursday by the Bureau of Customs (BoC) personnel during a routine inspection at the Pair Cargo Warehouse near the Ninoy Aquino International Airport terminal 1. District III Officer-in-Charge Nerza Rebustes said the firearms came from the United States two years…

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THE Metropolitan Manila Development Authority (MMDA) will be implementing traffic rerouting during the celebration of Bonifacio day. MMDA advised motorists that some roads in Caloocan City will be closed on November 29 to 30 due to the celebration of the 150th anniversary of the birth of hero Andres Bonifacio. The…

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THE National Capital Regional Police Office (NCRPO) is now bracing itself for the ‘possible’ upsurge of crimes in Metro Manila as the Holiday season winds down on the remaining weeks of the year. Chief Supt. Marcelo Garbo, NCRPO director, said that his command is fully prepared to meet as they…

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THE Metropolitan Manila Development Authority (MMDA) on Thursday restored the famous McArthur Landing Memorial in Barangay Carandang, Palo, Leyte which was damaged by the onslaught of super typhoon Yolanda. MMDA Chairman Francis Tolentino supervised a contingent of MMDA workers in erecting the downed statue of Carlos P. Romulo, which had…