Peso closes at P52.24:$1

March 5, 2019

The peso lost ground against the US dollar while the local stock index ended slightly lower on Tuesday. The peso closed at P52.24 from the previous day’s P51.72, a day after the government announced the appointment of Budget Secretary Benjamin

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Two injured as civilian plane crash lands in Nueva Ecija

March 5, 2019

Two people were injured after a civilian plane crashed in the province of Nueva Ecija on Monday. Major Emmanuelle Adriano, public affairs chief of the Army’s Mechanized Infantry Division, said a Cessna 172 with tail number RPC 2847 owned by

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Diokno assuming BSP governor post Wednesday

March 5, 2019

Outgoing Budget Secretary Benjamin Diokno said Tuesday he will assume his post as the new Bangko Sentral ng Pilipinas (BSP) governor ”tomorrow.” Diokno, chosen by President Rodrigo Duterte to replace Nestor Espenilla who passed away on Feb. 23, will hold

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Palace admits getting information about narco-list from foreign sources

March 5, 2019

Malacanang admitted on Tuesday that information provided by foreign governments were the sources of the Duterte administration’s list of narco-politicians. In a press briefing, Presidential Spokesperson Salvador Panelo said the Palace sees nothing wrong if other countries were wiretapping suspected

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More provinces to expect dry weather conditions due to El Nino

March 5, 2019

Zamboanga City declared a state of calamity to cushion it from the effects of a prolonged dry spell on Tuesday while farmers have begun harvesting their crops earlier than scheduled. Councilor Jihan Edding, chairperson of the Zamboanga City Council’s Committee on

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Palace says BSP in ”good and competent” hands under Diokno

March 5, 2019

Malacanang on Tuesday said the helm of the Bangko Sentral ng Pilipinas is in “good and competent” hands under the leadership of Budget Secretary Benjamin Diokno. “The Palace wishes to inform the appointment of Department of Budget and Management (DBM)

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Nothing new about drug lords plying trade inside jail: Aquino

March 5, 2019

Philippine Drug Enforcement Agency (PDEA) Director General Aaron Aquino on Tuesday said there is nothing new in a news report that persons inside jail cells are running illegal drugs activities in the country. “It’s not news that the one running

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Palace expects further slowdown on inflation

March 5, 2019

Malacanang welcomed on Tuesday the further decline of inflation in February as it expressed optimism prices of goods will continue to ease in the coming months. According to the Philippine Statistics Authority, inflation decelerated to 3.8 percent in February, within

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