Rice tariffs to solve consumer woes, boost productivity: NEDA
November 23, 2018
The National Economic and Development Authority (NEDA) on Friday welcomed the passage of the rice tariffication bill in the bicameral conference committee, which said this bill — once signed into law and enforced — will solve food supply issues and
Stock index ends higher, peso declines slightly
November 23, 2018
The local stock index rose on high volume while the peso ended lower against the US dollar on Friday. The Philippine Stock Exchange (PSE) index ended at 7,340.18 points, up 71.80. In the broader market, there were 108 gainers, 74
DOE chief on MOU with China: My priority is safeguarding Philippine long-term energy security
November 23, 2018
Energy Secretary Alfonso Cusi defended on Friday the Philippines’ signing of a memorandum of understanding with China on oil and gas development, which may take place at the disputed South China Sea. In a statement, the Department of Energy (DOE)
Guevarra sees conviction in Maguindanao massacre case
November 23, 2018
Justice Secretary Menardo Guevarra on Friday expressed confidence former Datu Unsay Mayor Andal Ampatuan Jr. will be convicted for his alleged involvement in the 2009 Maguindanao massacre. “At least for the principal accused, the evidence appears to be very strong,
Duterte mulls issuing EO reviving mandatory taking of ROTC program if Congress fails to enact law
November 23, 2018
President Rodrigo Duterte said that he might issue an executive order imposing the mandatory taking of Reserve Officers’ Training Corps program by the students if Congress fails to pass a law. In a speech in Cavite Thursday night, Duterte said
PAF grounds five remaining SoKol choppers after Tarlac mishap
November 23, 2018
The Philippine Air Force (PAF) grounded its five remaining Sokol helicopters following last Thursday’s crash at Crow Valley in Capas, Tarlac, its spokesman said Friday. The mishap was the third involving the Polish-made double engine helicopters, which the government acquired
Philippines’ oil deal won’t result in loss of territory in South China Sea
November 23, 2018
The Philippine government is not giving up a part or parts of its territory to China under an oil and gas agreement it signed with Beijing this week, former Foreign Secretary Albert Del Rosario said Friday. In a statement, Del
Duterte orders deployment of more troops in Visayas provinces, Bicol due to lawlessness
November 23, 2018
President Rodrigo Duterte has ordered increased deployment of government forces in some provinces in Visayas and in Bicol region to suppress lawlessness. Memorandum Order No. 32, which Executive Secretary Salvador Medialdea signed on November 22 by the order of the
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