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HOMEGROWN international clothing line Penshoppe group is targeting to open 50 new stores locally and 10 to 20 stores abroad as it ramps up its fast fashion retail business in the Philippines and new markets in the Association of Southeast Asian Nations (Asean). Bernie Liu, chief executive officer of Golden…

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Last Wednesday, my internet connection suddenly went kaput. I turned the Wi-Tribe equipment on and off several times but to no avail. Also, my high school classmate, Fey Teniente-Villaflor, was already knocking on my door, very eager for us to visit her farm in Bgy. Caballero, Palayan City, Nueva Ecija.…

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MOST of the public probably missed the news, but consumers were handed a minor moral victory at the end of last month when the Philippine Electricity Market Corp. (PEMC) slapped Therma Mobile Inc. (TMO) with a P234.9-million fine for withholding electricity from its power barge complex in Navotas during November…

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The Government Insurance Service System (GSIS) said a shift to fair value accounting of its financial assets allowed it to post a significant increase in its net income in 2014. In a press briefing on Friday, GSIS announced that the state-run institution posted P139.9 billion in net income in 2014.…


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Four potential bidders submitted qualification documents for the P123.8-billion Laguna Lakeshore Expressway and Dike Project (LLEDP), the Department of Public Works and Highways (DPWH) announced on Friday. San Miguel Holdings, Alloy PAVI-Hanshin LLEDP Consortium, the Ayala-SM Prime-Megaworld-Aboitiz consortium called “Team Trident,” and Rainbow Consortium submitted qualification documents for the LLED…

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President Benigno Aquino 3rd and French President Francois Hollande were on hand Friday to witness the ceremonial signing of the Subic-Clark-Tarlac Expressway (SCTEX) Business Agreement between the state-owned Bases Conversion and Development Authority (BCDA) and the Manila North Tollways Corp. (MNTC) held at the Malacañan Palace. French firm EGIS Projects…

Regions

World

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AL SHUNAH, Jordan: United States Secretary of State John Kerry unveiled on Sunday a plan to boost the Palestinian economy by attracting $4 billion in private investment, saying it could transform the lives of the people. As he seeks to bring Israel and the Palestinians back to the table to…

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SEOUL: South Korea’s obsession with plastic surgery is moving on from standard eye and nose jobs to embrace a radical surgical procedure that requires months of often painful recovery. A stream of celebrities boast on TV shows how it gave them a “new life,” while advertisements extolling its cosmetic benefits…

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SEOUL: South Korea on Monday brushed off an apparent offer by North Korea to resume nuclear disarmament talks, and chided Pyongyang for a recent personal attack on its President Park Geun-hye. “Actions are more important than words,” Unification Ministry spokesman Kim Hyung-seok said of the offer contained in a letter…

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DAMASCUS: International efforts to end the conflict in Syria accelerate on Monday with key talks in Brussels and Paris, amid a push for a new peace conference despite growing divisions within the Syrian opposition. United States Secretary of State John Kerry will meet his Russian and French counterparts in Paris…

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PARIS: A controversial nuclear programme, suspected growing involvement in the Syrian conflict and tightly-controlled presidential elections—Iran is an ever-increasing source of concern for Western powers. Tehran last week excluded most would-be candidates from its June 14 elections, keeping only those loyal to the all-powerful supreme leader, dashing any hopes that…

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LONDON: One of the suspects in the brutal murder of a soldier in Britain was arrested in Kenya three years ago and questioned over alleged links to Islamist insurgents, the Keynan government confirmed on Sunday. Michael Adebolajo was detained in 2010 but was handed over to British intelligence agents and…

Today's Breaking News

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BANGKOK – Tens of thousands of anti-government demonstrators massed in Bangkok on Sunday, with a major rally scheduled later by their rivals, as Thailand faces its most significant political street action since bloody protests in 2010. Organizers said 100,000 anti-government protesters had gathered by Sunday afternoon, while thousands of pro-government…

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TACLOBAN CITY –  Filipinos in the storm-ravaged city of Tacloban joined the nation in celebration on Sunday after watching boxing hero Manny Pacquiao defeat American Brandon Rios in a comeback fight he dedicated to victims of Super Typhoon Yolanda (Haiyan). For a brief moment, those who lost their homes,…

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A gang of robbers shot and killed the security guard of a branch of the Western Union in Parañaque City on Sunday. The guard, Felipe Montilla, was shot by one of the three men who robbed the Western Union branch at the corner of Dr. A. Santos Avenue and…

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MELBOURNE – Jason Day completed an emotional return to Australia to help deliver his country both individual and team victory in the World Cup at Royal Melbourne on Sunday. Day captured his first-ever professional event on home soil, shooting a final-round 70 to defeat Denmark’s Thomas Bjorn (71) by two…

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MACAU – Filipino boxing icon Manny Pacquiao made a successful comeback to the ring with an overwhelming points victory over Brandon Rios to win the World Boxing Organization International welterweight championship in Macau on Sunday. The three ringside judges scored the fight 120-108, 119-109 and 118-110 as Pacquiao handed out…