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ANOTHER child who had been inoculated with Dengvaxia, the world’s first anti-dengue vaccine, died in Parañaque City on Sunday, the Volunteers Against Crime and Corruption (VACC) said. Dante Jimenez, chairman of the anti-crime group, said the latest victim was a student between 9 and 11 years of age. If tests…

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The acquisition of a weapons system for the Philippine Navy is a done deal, having been finalized during the administration of former president Benigno Aquino 3rd, Malacañang said on Wednesday. Palace spokesman Harry Roque issued the statement amid calls to cancel the P15.7-billion project that includes the purchase of two…

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The communication, navigation, surveillance-air traffic management (CNS/ATM) system may already be in operation but it still needs to be fine-tuned, Civil Aviation Authority of the Philippines (CAAP) spokesman Eric Apolonio said on Wednesday. “The fine tuning or “shadowing” started last October. We’re hoping that the system would be fully operational…

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President Rodrigo Duterte will launch the first Overseas Filipino Bank Thursday at the Philippine Post Office Building in Manila City. Labor Secretary Silvestre Bello 3rd said the bank’s opening would be a fulfillment of a promise made by a number of politicians in the past. “This has been the promise…


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ANTI-crime advocates are planning to ask President Rodrigo Duterte to place three regions in Luzon under a state of emergency to get all agencies of government involved in assisting children inoculated with the discontinued Dengvaxia vaccine. Dante Jimenez, chairman of the Volunteers Against Crime and Corruption (VACC), said a presidential…

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VANCOUVER: Foreign ministers from 20 nations, including the Philippines, began crisis talks Monday on North Korea’s ballistic missile and nuclear weapons programs, though China’s absence cast doubt over the effectiveness of any deal. The two-day Vancouver meeting hosted by Canada and the United States comes amid signs of easing tensions…

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PRESIDENT Rodrigo Duterte on Tuesday denied ordering the shutdown of a news website critical of his administration, pointing out that the corporate regulators who revoked its papers were all appointees of the previous administration. Duterte however said Rappler should be held responsible for violating the law just as it held…

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Business

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Most Filipino families remain unbanked and underserved and radical strategies like “sachet banking” can help them gain access to financial services, a financial technology firm said in a report released on Thursday. FINTQ’s Inclusive Digital Finance Report Vol. 2, titled “Retail Financial Services in a Sachet Economy,” said that about…

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THE Department of Trade and Industry (DTI) has set aside P2 billion for the continued development of micro, small and medium enterprises (MSMEs) in the country. “We are committed in our goal of providing job opportunities for all Filipinos and uplifting the lives of those at the bottom of the…

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THE Philippine Stock Exchange (PSE) said on Thursday that its planned stock rights offer had been approved by the Securities and Exchange Commission (SEC). With the regulatory approval in hand, the PSE may now proceed with its stock rights offering of 11.5 million common shares to raise P3.16 billion in…

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BANK of the Philippine Islands (BPI) plans to raise P50 billion from a stock rights offering of common shares to fund initiatives to drive business growth. In a disclosure, BPI said the proceeds from the stock rights offer would finance a plan to accelerate lending activities across the consumer, small…

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WHEN a company lists its shares on the Philippine Stock Exchange (PSE), the owners, or majority stockholders, should not be overzealous in making their sales pitch. Chances are, public investors may be tempted to buy shares based on the power of persuasion by the sales pitch about the stock being…

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For people in the business world, the New Year ushers in the closing of an old book – the books of accounts, so to speak. Two weeks into 2018, some companies have presumably closed their 2017 accounts. But many more are still doing their financial close – a step that…

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Regions

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Three persons died while four are still missing after flashflood and landslides hit Eastern Visayas brought by heavy rains from the tail end of a cold front, the National Disaster Risk Reduction and Management Council (NDRRMC) reported on Sunday. Romina Marasigan, NDRRMC spokesman, said of the three dead, one body…

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ILAGAN CITY, Isabela: Construction of the P2.28 billion Ilagan-Divilacan road in Isabela, which is expected to be completed earlier than schedule, will boost the economy of the coastal areas in the province. Gov. Faustino Dy 3rd said the 82-kilometer road that passes through the foothills of the 359,486-hectare Northern Sierra…

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The Philippine Army on Sunday admitted it has not determined the exact location of the deputy police chief abducted by the communist New People’s Army (NPA) in North Cotabato last December 28. On Friday the NPA issued a statement calling Police Insp. Menardo Cui as “prisoner of war” (POW), weeks…

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COTABATO CITY: The Department of Public Works and Highways in the Autonomous Region in Muslim Mindanao (DPWH–ARMM) will allocate most of its infrastructure budget – about P6.889 billion – to build more roads across the region. Don Mustapha Loong, DPWH–ARMM secretary, said the 238 road projects – with a total…

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CAMP O’DONNELL, Capas, Tarlac: The new commander of the Army’s Mechanized Infantry Division (MID) based here urged his fellow soldiers to work better hand-in-hand as they confront more challenges in their duties. Major General Gilbert Gapay made the call as the MID celebrated the traditional New Year’s call recently following…

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BACOLOD CITY: A century old mahogany tree fell on a vehicle that resulted in the death of a seven-yea-old son of a town councilor in Iloilo on their way to a mountain resort in this capital city on Saturday. Chief Insp. Sherlock Gabana, commander of Bacolod City Police Station 5,…

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World

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VANCOUVER: The United States and its allies on Tuesday vowed tougher measures to halt North Korean sanctions busting, including naval security operations to prevent maritime smuggling. Secretary of State Rex Tillerson and Canada’s foreign minister Chrystia Freeland, hosts of talks in Vancouver, urged world powers to support “maritime interdiction” measures.…

AS DEPORTATIONS LOOM

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SAN ISIDRO, El Salvador: Uncertainty and fear are rising in Central American countries over how many families will manage to get by when remittances from the US are cut off under plans by the Trump administration to make tens of thousands of Salvadorans and Nicaraguans leave. “I hope the American…

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SANTIAGO: Pope Francis met alone on Tuesday (Wednesday in Manila) with a small group of victims of sexual abuse by priests in Chile, after he publicly asked for forgiveness and riot police broke up a protest near the first public mass of his South American visit. During the “strictly private”…

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COX’S BAZAR, Bangladesh: Bangladesh has counted more than a million Rohingya refugees living in camps near the border with Myanmar, higher than previous estimates, the head of its registration project said on Wednesday as preparations for their return got under way. The Bangladesh army began biometric registering of the refugees…

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SEOUL: South Korea nearly doubled wages for its rank-and-file conscripted soldiers on Tuesday but their pay will remain just a fraction of the country’s minimum wage. Salaries for conscripted privates were raised 88 percent from 163,000 won to 306,100 won ($288) a month, with privates first class and corporals enjoying…

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BEIJING: Chinese president Xi Jinping told his US counterpart Donald Trump that there have been “positive changes” on the Korean peninsula, state media said on Tuesday following a phone call between the two leaders. Trump has pushed Xi to increase economic and political pressure on North Korea in the hopes…

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Today's Breaking News

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AT least four people were killed in a shootout between personnel of the Bureau of Jail Management and Penology (BJMP) and a still unidentified armed group in Muntinlupa City early Thursday morning, police said. Chief Supt. Tomas Apolinario of the Southern Police District (SPD) identified the fatalities as JO1 Felino Salazar and…

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FUNABASHI, Japan: The prime ministers of Japan and Australia toured a military training ground outside Tokyo on Thursday, as the two countries seek to bolster defense ties in the face of the North Korean crisis. Malcolm Turnbull and Japanese counterpart Shinzo Abe are hoping to thrash out a security agreement…

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TROPICAL Storm Agaton (international name: Bolaven) destroyed P322 million worth of infrastructure in Western Visayas, according to the Department of Public Works and Highways (DPWH) on Thursday. The damage was mostly in the areas of Aklan, Capiz and Negros Occidental. “The restoration/rehabilitation costs for these damages were estimated by the concerned District…

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PRESIDENT Rodrigo Duterte has appointed Rear Adm. Robert Empedrad as the new chief of the Philippine Navy. In a letter dated January 16, Duterte informed Defense Secretary Delfin Lorenzana that Empedrad’s appointment was approved effective December 19, 2017. Empedrad replaced Vice Adm. Ronald Joseph Mercado who was fired by Lorenzana…

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