Duterte dares Joma Sison to present “final draft” of peace deal

November 22, 2018

President Rodrigo Duterte challenged on Thursday Jose Maria Sison, founder of the Communist Party of the Philippines, to present to him a “final draft” of a peace agreement. This as Duterte also assured the National Democratic Front ( NDF) negotiators

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Duterte axes HUDCC executive due to corruption

November 22, 2018

President Rodrigo Duterte sacked on Thursday an executive of the Housing and Urban Development Coordinating Council ( HUDCC) due to alleged corruption. In a speech during the inauguration of the Cavite Gateway Terminal in Tanza, Cavite, Duterte said he dismissed

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More countries interested to supply Philippines’ first submarine

November 22, 2018

Defense contractors from Sweden, Germany, France, South Korea, Japan and the United States have signified interest in giving the Philippines’ first submarine. “There are scores who are willing (to provide the navy) with submarines. even the US is interested in selling

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104 persons, including 93 alleged Chinese, arrested for illegal gambling: NCRPO

November 22, 2018

Around 104 persons, including 93 alleged Chinese nationals, were arrested in Ortigas, Pasig City on Thursday afternoon for operating illegal gambling activities, the National Capital Region Police Office (NCRPO) said.   NCRPO Director Guillermo Eleazar said joint elements from NCRPO

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Chinese-funded bridge in Intramuros may be moved to prevent intrusion into UNESCO Heritage Site – Palace

November 22, 2018

Malacanang said on Thursday the location of the ongoing Chinese-funded bridge project in Intramuros, Manila may be moved to avoid intrusion into United Nations Educational, Scientific and Cultural Organization (UNESCO) Heritage Site. In a press briefing, Presidential Spokesperson Salvador Panelo

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Palace confident budget for 2019 to be passed within the year

November 22, 2018

Malacanang expressed confidence on Thursday the proposed P3.757-trillion budget for next year will be passed before the end of the year. Presidential Spokesperson Salvador Panelo made the statement as the House expressed reservation over the passage of the proposed budget

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Philippines to take advantage of low interest rates in capital markets

November 22, 2018

The Philippines is taking advantage of current situation in the capital markets to borrow as much as it can for development, Finance Secretary Carlos Dominguez III said Wednesday night. “You know our income per capita is rising. So while we

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China’s ICBC opens Manila branch

November 22, 2018

BEIJING — The Industrial and Commercial Bank of China (ICBC), China’s largest lender by market value, has announced the opening of a branch in the Philippine capital of Manila, the latest of its efforts to expand overseas. The branch, inaugurated

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