Ano says Abu Sayyaf’s “will to fight” has been broken
May 19, 2017
After recent gains of the Philippine military against the Abu Sayyaf, the Armed Forces of the Philippines said they have been able to “break their will to fight.” “ We are seeing, for the first time, they are surrendering en
DFA hails completion of draft COC framework in South China Sea
May 19, 2017
The Department of Foreign Affairs lauded on Friday the completion of the draft framework of Code of Conduct of Parties in the disputed South China Sea by the Southeast Asian countries and China. “The Philippines welcomes the finalization by ASEAN
Foreign portfolio investments yield net inflows in April
May 19, 2017
Foreign portfolio investment transactions in April yielded overall net inflows of $51 million, the central bank said Thursday. This was a reversal from the net outflows recorded last month ($460 million) and a year ago ($354 million). This development may
10 armed men killed, 8 wounded in Sultan Kudarat encounter
May 19, 2017
Ten people were killed and eight were wounded in a clash between the Army and lawless elements in Sitio Mantisao, Bual village here at 6:30am. The troops of the 33rd Infantry Battalion and local police were serving a search warrant
DOE, Japan turns over 24 hybrid cars to government agencies
May 19, 2017
Energy Secretary Alfonso Cusi and Japan Ambassador to the Philippines Kazuhide Ishikawa Friday turned over 24 units of advanced hybrid vehicles to various national government agencies . During the ceremonial turnover at the energy department, Cusi said: “We give distinct
Immigration arrests 12 South Koreans
May 19, 2017
The Bureau of Immigration (BI) announced today the arrest of 12 South Korean fugitives wanted by authorities in their country for operating an online business scam that has defrauded many of their compatriots. BI Commissioner Jaime Morente said in a
Philippines, Russia to ink defense, other deals during Duterte’s trip to Moscow next week
May 19, 2017
The Philippines and Russia are set to sign several agreements, including defense and military cooperation, when President Rodrigo Duterte embarks on an official visit to Moscow, a non-traditional partner of the Philippines, on May 22 to 26. Assistant Foreign Affairs
Stocks reduce losses after lower-than-expected growth data
May 18, 2017
Stocks pared losses on Thursday after falling due to lower-than-expected first quarter growth of 6.4 percent. The Philippine Stock Exchange Index, down by 100 points at one stage, closed at 7,757.69 down 68.84 points. At the broader market, there were
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