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AN executive of a Lopez group company fell to his death from a high-rise building in Pasig City on Friday morning, police said. The executive, Ferdinand Edwin CoSeteng, 54, of Urdaneta Village, Makati City, fell from the 10th floor of Tower 3, Rockwell Business Center in Barangay Ugong, Pasig City,…

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At least 41 scheduled flights of Cebu Pacific Air and Philippine Airlines (PAL) to Iloilo were cancelled after a Cebu Pacific plane overshot the end of the runway of the Iloilo International Airport late Friday evening. None of the 182 passengers and 6 crew on board Cebu Pacific flight 5J641…

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MALACAÑANG on Friday walked back President Rodrigo Duterte’s threat to kick out European Union (EU) envoys in the country and cut the country’s diplomatic ties with the 29-member bloc amid criticisms of his bloody war on drugs. Palace spokesman Ernesto Abella clarified during Friday’s news conference that the President’s outburst…

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TROPICAL Storm “Odette” (international name: Khanun) crossed the West Philippine Sea and out of the Philippine Area of Responsibility (PAR) but not before dumping rain in parts of Luzon, including Metro Manila, and causing a cargo ship to sink with 11 of its crew still missing. The 33,205-ton Emerald Star…

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President Rodrigo Duterte has warned anew that he would declare a revolutionary government if the opposition continues with supposed destabilization efforts against his government. In an interview aired over state-run PTV on Friday, Duterte said such declaration was a way to stop what he described were concerted efforts by the…

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SOME cities announced a suspension of classes on Monday because of a nationwide transport strike over the government’s plan to modernize public utility vehicles (PUVs). Piston and No To Jeepney Phaseout Coalition will spearhead the protest. The Makati City government declared the suspension of classes in public schools and left…

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Business

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BERLIN: German carmaker Daimler is recalling more than a million vehicles, including Mercedes, due to a problem with the airbags, a company spokesman was quoted as saying Monday. Among the vehicles being recalled are some 400,000 Mercedes cars in Britain and many hundreds more in Germany, the spokesman told the…

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PARIS: Airbus will take a majority stake in Bombardier’s marquee C-Series airliner programme, the companies announced Monday, as the Canadian firm battled against a stiff tariff ruling in the US. The landmark agreement comes after the US administration slapped a 220 percent countervailing duty, as well as an 80 percent…

REAL ESTATE COMPANY SEES 50% INCREASE IN MM RESIDENTIAL STOCK

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A leading real estate company pinpointed the growing millennial work force as the next target market of property developers. “The 1.3 million strong workers in the IT-BPO sector represents a sizeable market for residential developers and investors. Developers have thus designed new residential products that fit the specific need of…

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A memorial to Colonel Joseph McMicking and Mrs. Mercedes Zobel-McMicking was unveiled recently at the Ayala Triangle Gardens. The pair are credited for their significant contributions to the development of Makati’s financial district and the rest of the country. The courtyard where the memorial now stands was also named the…

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Developers in Dubai are shifting their strategy to affordable housing. However, how much of the announced new supply is actually affordable to end-users in Dubai? Not much. “Anecdotal evidence suggests a mismatch between affordable stock and the requirements of prospective home owners. While studio and one-bed units appeal to investors,…

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Are you in the market to buy a house? It pays to know which Metro Manila cities have the most expensive houses, and which cities have the most number of properties under P10 million. Lamudi, which kept listings of over 60,000 in 2016, recently compiled price data and ranked Metro…

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Regions

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TROPICAL depression Odette slightly accelerated, tagging more areas under Signal No. 1 as it moved toward Cagayan on Thursday. The Office of Civil Defense (OCD) in Cagayan Valley issued a flood advisory after four bridges were rendered impassable because of a heavy downpour. Impassable were Cagayan’s Tawi overflow bridge in…

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The Commission on Audit (COA) has found Olongapo City remiss in its duty for failure to collect over P159-million additional revenues from delinquent taxpayers. It asked Mayor Rolen Paulino to order department heads of concerned economic enterprises to implement aggressive collection strategies. The 2016 CoA report said the unrealized additional…

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COTABATO CITY: Gunmen shot dead the father of the bride and injured the bridegroom shortly after Muslim wedding rites for the couple in a masjid (mosque) inside the Mall of Alnor here Thursday morning. Martial law is still in place in Mindanao where civilians are prohibited to carry firearms. Chief…

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THE giant vessel manufacturing company in Subic, Hanjin Heavy Industries and Construction-Philippines Incorporated (HHIC-Phil), on Thursday said it is not wary of labor unions. “Labor union is good. It benefits the workers, but we prefer organizations within the company that are not affiliated with groups with political or militant leanings,”…

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CAMP OLIVAS, Pampanga: Central Luzon police have deployed personnel and imposed a high-alert status for the Association of Southeast Asian Nations (Asean) leaders’ meeting set for November 11–13 in Clark. Chief Supt. Amador Corpus, Central Luzon police director and commander of the Asean Task Force CL-Clark, on Thursday said security…

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LINGAYEN, Pangasinan: A woman and his alleged lover, who allegedly killed her husband on her orders, were arrested by police operatives in separate operations in Bani and Agno towns on Wednesday. Senior Supt. Ronald Oliver-Lee, police provincial director, said Rossana Junio, 32, and Joey Ochavez, 27, both of Barangay Centro…

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World

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WASHINGTON, D.C.: President Donald Trump reignited the decades-old US feud with Iran on Friday (Saturday in Manila), vowing to confront the “fanatical regime” and throwing a landmark international nuclear agreement into doubt. In a speech pocked with grievances dating to the 1979 Islamic Revolution, Trump railed against the “Iranian dictatorship,…

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PARIS: French former culture minister Audrey Azoulay was named to head the UN’s embattled cultural agency on Friday, beating her Qatari rival after a politically charged contest clouded by Gulf tensions and accusations of anti-Israel bias. Azoulay, 45, came from behind to defeat Hamad bin Abdulaziz Al-Kawari, also a former…

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WASHINGTON, D.C.: The Trump administration on Friday (Saturday in Manila) rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global anti-poverty mission. Treasury Secretary Steven Mnuchin said the huge Washington-based institution is inefficient and can be more effective in the nearly $60…

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PARIS: French President Emmanuel Macron is considering visiting Iran after speaking by phone with his Iranian counterpart as US President Donald Trump said he was “decertifying” the nuclear deal with Tehran, the Elysee presidential office said Friday. Macron told Iranian President Hassan Rouhani that France remained committed to the 2015…

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NAIROBI: Two protesters were shot dead Friday (Saturday in Manila) as opposition supporters clashed with police in western Kenya, with hundreds defying a ban on rallies to express their anger over an increasingly uncertain presidential election. In the town of Bondo, the rural home of opposition leader Raila Odinga, a…

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WASHINGTON, D.C.: Former White House chief of staff Reince Priebus submitted to questioning Friday (Saturday in Manila) by investigators looking into Russian meddling in the US presidential campaign and possible collusion by associates of President Donald Trump, US media reported. Politico and the Washington Post quoted Priebus’s lawyer William Burck…

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Today's Breaking News

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WORK in government and classes in public and private schools will resume on Tuesday, October 17, Malacanang said on Monday. Presidential Communications Secretary Martin Andanar made the announcement even after jeepney drivers announced the second-day of the strike on Tuesday. The Palace suspended work in government and classes in public…

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STRIKING transport groups claimed on Monday that parts of Luzon were paralyzed by “100 percent” on the first day of a two-day protest against a government plan to modernize public utility jeepneys (PUJs). The Pinagkaisahang Samahan ng mga Tsuper at Operator Nationwide (PISTON) said it would continue the strike on…

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OIL companies announced a new round of price adjustments on diesel, gasoline, and kerosene on Tuesday, a week after implementing a rollback on petroleum products. Flying V will raise the price of gasoline by 20 centavos but roll back the price of kerosene by 15 centavos per liter, effective at…

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THE world of theater and showbiz lost another star as thespian actor Chinggoy Alonzo passed away on Sunday night. The Manila Times learned of the sad news from the actor’s close friends and colleagues at The Manila Metropolitan Theater Chorus’ chat group on Facebook Meanwhile, in a phone call to…

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SEOUL: Former South Korean president Park Geun-Hye’s defense lawyers resigned en masse Monday in protest at what they called a biased corruption trial, as the ex-leader described the proceedings as “political revenge.” Park faces multiple charges including bribery, coercion and abuse of power for offering governmental favors to tycoons, and…

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