PSE nearly flat, peso at P52.57:$1
November 8, 2018
The Philippine Stock Exchange index closed nearly flat after being in the negative most of the trading day but the peso continued its rise despite a slowdown in third quarter growth as reported by government on Thursday. The index rose
PLDT says nine-month net income down 25% to P16.48 billion
November 8, 2018
PLDT Inc. on Thursday reported its net income from January to September declined by 25 percent. The country’s largest telecom company posted a net income of P16.48 billion in the January to September period from P21.87 billion in the same
Palace supports proposal for drug testing among Grade 4 students and up
November 8, 2018
Malacanang expressed support on Thursday on the Philippine Drug Enforcement Agency’s ( PDEA) proposal for mandatory drug testing for Grade 4 students and up. This was after the Social Weather Stations survey showed that 51 percent of the Filipinos agree
Senate minority bloc seeks probe of ‘Sagay 9’ killings
November 8, 2018
Minority senators have called for an immediate Senate investigation into the killings of nine sugarcane farmers in Sagay City, Negros Occidental to bring to justice the real masterminds and address the plight of ordinary farmers. In filing Senate Resolution No.
Philippine economy slows down to 6.1% in third quarter
November 8, 2018
The Philippines economy on Thursday slowed down to 6.1 percent from the previous quarter’s 6.2 percent on gross domestic product terms for a three-year low, sparking concerns from the government. Philippine Statistics Agency (PSA) Undersecretary Lisa Bernales said lower growth
Communist Party official, two others arrested in Quezon City
November 8, 2018
Police and military arrested Vicente Ladlad, a member of the Communist Party of the Philippines ( CPP) Central Committee, Thursday morning in Barangay San Bartolome, Novaliches, Quezon City. A police report said Ladlad, one of the released National Democratic Front
Dennis Uy’s Udenna Corp is provisional third major telco player
November 7, 2018
A company that teamed up with China Telecom is the provisional third major telco player in the country, the National Telecommunications Commission ( NTC) announced on Wednesday. Davao businessman Dennis Uy’s Udenna Corporation, its subsidiary Chelsea Logistics Holdings, Corp. and
DOLE announces pay hike for P25 for Metro Manila workers
November 5, 2018
The Department of Labor and Employment (DOLE) said Monday a pay hike of P25 for Metro Manila minimum wage earners as decided by the Regional Tripartite Wages and Productivity Board – National Capital Region. In a press conference, Labor Secretary
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