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Philippine stocks will look to overseas markets for fresh leads this week now that the policy-setting meeting of the Bangko Sentral ng Pilipinas (BSP), which had grabbed most of the market’s attention over the past several days, is over and no key rate hike was announced. The BSP’s Monetary Board…

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THREE bidders for the P3.4-billion Information Technology (IT) project of the Land Transportation Office (LTO) have submitted their “proofs of concept” to transport authorities. These companies are the group of Kaisa Consulting Co. Inc.-FPT Information Systems Corporation-NTT Data Corporation; the Indra Sistemas S.A.-Metro Pacific Tollways Corp. joint venture; and the…

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The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, raised concerns about the adverse effects on business of the advanced cargo clearance system or pre-shipment inspection system (PIS) proposed by the Bureau of Customs (BOC). PCCI president Alfredo Yao explained that while the clearance system is…

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The Manila North Tollways Corp. (MNTC) is planning to submit a proposal to the Toll Regulatory Board (TRB) to widen the North Luzon Expressway (NLEX) from Bocaue, Bulacan up to the whole stretch of San Fernando City, Pampanga. The road-widening plan will help decongest traffic in NLEX toll exits especially…


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There could be big news for small business owners, especially women, looking to enhance their business. According to a survey by the National Association of Women Business Owners (NAWBO) and Web.com, women business owners (WBOs) are investing more in online marketing and customer service to get their business where they…

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Independent filmmaking takes on new heights when the 9th Cinemalaya Independent Film Festival opens on July 26 at the Cultural Center of the Philippines (CCP) in Pasay City. On Thursday, a press conference held at the CCP’s main lobby officially launched this year’s edition of Cinemalaya, dubbed “Cinesthesia: Synergy of…

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The Department of Foreign Affairs (DFA) called on groups and organizations not to stir up distressed Filipinos in Saudi Arabia after Saudi authorities arrested a group protesting outside the Philippine Overseas Labor Office (POLO) in Riyadh. Raul Hernandez, Foreign Affairs spokesman, said the labor attache in Riyadh confirmed to…

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CAIRO: Egypt’s chief justice Adly Mansour was sworn in as the country’s interim president on Thursday, a day after the military ousted Mohamed Morsi following a week of massive protests. “I swear to preserve the system of the republic, and respect the constitution and law, and guard the people’s interests,”…

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FILIPINO Rogen Ladon defeated an awkward Iraqi boxer Naser Hasan on Thursday to advance in the next round of 27th Asian Elite Men’s Championships at the Amman Boxing Arena in Amman, Jordan. Ladon, who substituted for the injured London Olympic light flyweight bet Mark Anthony Bariga, was aggressive enough in the entire…

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President Benigno Aquino 3rd has appointed former National Irrigation Administration (NIA) senior deputy administrator Claro Maranan as the agency’s new chief. Maranan, 54, will be replacing former NIA chief Antonio Nangel, whose term ended last June 30. President earlier said that he had plans to fire the Nangel after being…

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The BRP Alcaraz, the second warship acquired by the Philippine government from Washington, will arrive in the country on August 3. In a statement released Thursday, the Philippine Embassy in Washington said Philippine Consul General to Los Angeles Maria Hellen Barber de La Vega and members of the Filipino community…