News

Top Stories

Business

By
0

The Philippine peso closed at 45.06 to the US dollar yesterday, its lowest in seven weeks. There is no cause for surprise, according to an economist, as pressure on the peso-dollar rate is a simple reflection of the continued strengthening of the US dollar. “It’s the best time to allow…

By
0

Investors remained upbeat in Thursday’s trade, buying up property shares and helping the market advance at the close. Gains in the property sector made up for losses in financial and industrial stocks. The benchmark Philippine Stock Exchange index finished 0.79 percent or 57.93 points higher at 7,367.63, while the wider…

By
0

Fifteen infrastructure projects under the country’s public-private partnership (PPP) program were cited as vital to enhancing connectivity within the Association of Southeast Asian Nations (Asean), the PPP Center said on Thursday. According to the agency, the World Bank’s Singapore Infrastructure Hub has identified airport, rail, port and road projects under…

By
0

The Bases Conversion and Development Authority (BCDA) will launch Clark Green City within the first quarter of the year, Arnel Paciano Casanova, President and CEO of BCDA, said. The new city will have industrial estates, residential, mixed-use and institutional areas. He said BCDA is already talking with 11 major property…

Advertisements
canonx

By
0

Century Properties Group Inc. (CPG), the property firm of former ambassador Jose E.B. Antonio, said it has pre sold about 95 percent of a total of 3,000 units in six residential condominium towers, which should generate more than P15 billion in revenues. In a statement, the company said the six…

By
0

AC Energy Holdings Inc. yesterday said that the first unit of its coal-powered plant in Calaca, Batangas will start commercial operations within the first quarter, adding at least 135 megawatts (MW) to the Luzon grid. The Calaca plant under South Luzon Thermal Energy Corp. (SLTEC) is AC Energy’s joint venture…

Regions

World

By
0

SEOUL: The defense chiefs of South Korea, Japan and the United States will hold their first trilateral meeting for four years at the end of this month, with North Korea likely to top the agenda. The three top officials will meet on the sidelines of the annual Asia Security Summit…

By
0

KUCHING: About 300 Borneo tribes people staged a protest at a world hydroelectric industry meeting in Malaysia on Wednesday to denounce dams they say are destroying forests and native ways. Officials in the Malaysian state of Sarawak have for years been accused of ramming through controversial dams, and opponents have…

By
0

BEIJING: Chinese state media on Wednesday welcomed news of the first summit between President Xi Jinping and his US counterpart, Barack Obama, saying the meeting will help “reduce suspicions” in the relationship. The talks, the first since Xi was installed as Chinese leader and Obama began his second term, will…

By
0

WASHINGTON, D.C.: A key US senator on Tuesday backed an end to US sanctions on Myanmar after a landmark visit by the country’s reformist leader, signaling a new normalization in relations despite rights concerns. President Thein Sein, a general-turned-civilian who ended Myanmar’s long isolation from the West, met lawmakers at…

By
0

SINGAPORE: Two US pathologists on Wednesday supported Singapore police findings that an American scientist found hanged last year in the city-state committed suicide and was not murdered as his family claims. Medical examiners David Fowler of Maryland and Valerie Rao of Florida testified as independent experts a day after the…

By
0

TOKYO: Japan’s parliament on Wednesday approved an international treaty on child abductions after decades of pressure from the United States and other Western nations. Japan is the only member of the Group of Eight major industrialized nations that has not ratified the 1980 Hague Convention, which requires nations to return…

Today's Breaking News

By
1

A Malaysian court on Friday postponed the trial of the son of newly crowned Sultan of Sulu for his alleged role in the bloody standoff in Sabah. The Malaysian news agency Bernama reported that Datu Amilbahar Hussin Kiram, the Sabah-based son of new Sultan Esmail Kiram 2nd will be…

By
0

Seven more Filipino judokas will see action in the 2013 Southeast East Asian Games (SEAG) in December in Nay Pyi Taw, Myanmar. The Philippine Southeast Asian (SEA) Games Task Force has approved the inclusion in the judo team of veteran campaigners Gilbert Ramirez (men’s -73-kilogram), Bryan Quillotes (men’s -60-kg.),…

By
0

Carjackers killed a Sudanese aid worker in the country’s Darfur region, the UN said, bringing to four the number of humanitarian staff killed this year in the region’s worsening unrest. The attack happened on October 23 about 15 kilometers southwest of Nyala, Sudan’s second largest city, the United Nations Office…

By
0

Violence in Iraq is at its worst level since 2008, figures showed on Friday, as premier Nuri al-Maliki was to appeal for Barack Obama’s help to combat a spike in militancy. The new figures illustrate a months-long surge in unrest despite wide-ranging operations targeting insurgents and a major tightening of…

By
0

Indonesia has summoned the Australian ambassador in Jakarta over a report his embassy was part of a vast US-led surveillance network, as the spying row that has soured US-Europe relations spread in Asia. As Secretary of State John Kerry admitted US spying had sometimes gone too far, concern was growing…