News

Top Stories

Business

By
2

Frequently it seems it is easy to right wrongs, particularly in the Philippines where power, money and position can readily facilitate totalitarian behavior. The powerful here could right wrongs with a word—but they generally don’t so as not to risk diluting their power or exposing to enemies the skeletons in…

Advertisements

By
1

The Department on Energy (DOE) yesterday said that the government will subsidize the cost of electricity coming from generator sets. To offset the expected shortfall in power supply this coming summer, generator sets will be used under the plan giving President Benigno Aquino 3rd emergency powers. Energy Secretary Carlos Jericho…

By
0

The Energy Regulatory Commission will install a new price cap on traded electricity to protect the public from ‘exorbitant’ and sudden increase in power rates. ERC Executive Director Francis Saturnino S. Juan said a new Price Threshold Mechanism (PTM) will be issued by January next year. The PTM will be…

By
0

Personal remittances by overseas Filipino workers (OFWs) reached $2.46 billion in October, higher than the $2.33 billion recorded in September and up 6.9 percent from $2.3 billion in October last year, the central bank said yesterday. Cumulative remittances in the 10 months to October rose 6.7 percent to $22.02 billion…

By
0

Philipine share prices perked up at the close of trading yesterday after bargain hunters snapped up issues in an effort to drive up prices. The Philippine Stock Exchange index (PSEi) gained 51.41 points or 0.71 percent to close 7,275.62, while the All Shares added 27.88 points or 0.66 percent to…

By
0

Del Monte Pacific Ltd. (DMPL), listed in the Philippines and Singapore, yesterday reported that it expects to reduce its huge debts starting next year with the planned sale of shares worth $515 million. Joselito Campos Jr., DMPL chief executive officer and managing director reported that the company is “committed to…

Regions

World

By
0

BANGKOK: Five Thai security personnel have been killed in a fresh spate of gun and bomb attacks which the government on Tuesday blamed on insurgents seeking to disrupt a fragile peace process. Despite two rounds of peace talks since March, near-daily bloodshed in the Muslim-dominated deep south near the border…

By
0

SYDNEY: Chinese hackers have stolen top-secret blueprints to Australia’s new intelligence agency headquarters, a report said on Tuesday, but Foreign Minister Bob Carr insisted ties with Beijing would not be hurt. The Australian Broadcasting Corp. said the documents taken in the cyber hit included cabling layouts for the huge building’s…

By
0

BRUSSELS: The European Union (EU) agreed on Monday to lift its embargo against arming Syrian rebels, but no member-state intends to send any arms in the coming months for fear of endangering a US-Russia peace initiative. After a grueling 12 hours of talks in Brussels, British Foreign Secretary William Hague…

By
0

CANBERRA: The world’s richest man Bill Gates on Tuesday urged China to become a bigger player in foreign development following its success in lifting millions of its own people out of poverty. Speaking in Australia, where the Microsoft co-founder met with Prime Minister Julia Gillard, Gates said the Asian powerhouse…

By
0

ISTANBUL: Syria’s opposition on Tuesday denounced as “too little, too late” the European Union (EU) decision to lift an arms embargo on rebels fighting the regime of President Bashar al-Assad. “Definitely it is a positive step, but we are afraid it could be too little, too late,” said Louay Safi,…

By
0

BAALBECK, LEBANON: Unknown gunmen killed three Lebanese soldiers near the Syria border overnight, an official said on Tuesday, in the deadliest such attack since the start of the Syrian revolt more than two years ago. “Three soldiers were killed by armed men while they were in a four-wheel drive vehicle…

Today's Breaking News

By
0

The Vatican on Wednesday suspended indefinitely a German Catholic cleric dubbed the “bling bishop” for his luxury lifestyle, despite multiple calls in Germany for the prelate to be dismissed. “The Holy See deems it appropriate to authorise a period of leave from the diocese for Franz-Peter Tebartz-van Elst,” the Vatican…

By
0

A US judge on Wednesday granted a nephew of Robert Kennedy a new trial in the murder of his teenage neighbor nearly 40 years ago. The dramatic ruling comes after Michael Skakel, 53, appealed unsuccessfully for years against his sentence of 20 years to life in prison. He was found…

By
0

US President Barack Obama promised Wednesday to consider Pakistan’s concerns in post-war Afghanistan, but stayed mum on a call by Prime Minister Nawaz Sharif to end drone strikes. Obama welcomed Sharif to the White House after releasing $1.6 billion in aid — mostly for the military — that had been…

By
0

German Chancellor Angela Merkel demanded answers from President Barack Obama on Wednesday after learning US spies may have monitored her phone, warning this would be “breach of trust” between allies. The White House, rattled by the latest exposure based on leaks from intelligence contractor Edward Snowden, said it is not…

By
0

Pork barrel scam mastermind Janet Lim-Napoles was rushed to the Southern Luzon Hospital in Sta. Rosa, Laguna before dawn Thursday after experiencing nausea and vomiting. Philippine National Police (PNP) public information office chief Senior Supt. Reuben Theodore Sindac said Napoles was brought to the health facility around 1:20 a.m. for…

By
0

Typhoon Urduja is now outside the Philippine Area of Responsibility (PAR), the state weather bureau said on Thursday. PAGASA said as of 4 a.m. today, the eye of Typhoon Urduja was located 855 km northeast of Itbayat, Batanes with maximum sustained winds of 130 kph and gustiness of up to…