Japan urged to back ASEAN proposal for higher IMF currency swap
May 16, 2017
Finance Secretary Carlos Dominguez III has asked Japan to back an Association of Southeast Asian Nations (ASEAN) proposal to raise the International Monetary Fund (IMF)’s de-linked portion for its $240-billion currency swap mechanism from 30 percent to 40 percent to
Troops arrest 11 suspected members of Maute Group
May 15, 2017
Military and police forces have arrested 11 suspected members of the Islamic State of Iraq and Syria (ISIS)-inspired Maute Group in Lanao del Sur, the military reported Monday. Brig. Gen. Arnel Dela Vega, commander of the Joint Task Force Central,
Two wounded in an NPA attack on Laguna construction firm
May 15, 2017
Two soldiers were wounded after New People’s Army (NPA) members attacked project sites by a construction company in Laguna, an Army spokesman said Monday. 1Lt. Xy-zon Meneses, spokesman of the Army’s 2nd Infantry Division, said soldiers repulsed an attempt by
Palace expects dismissal of impeachment complaint vs Duterte
May 15, 2017
Malacanang has expected the dismissal of the impeachment complaint against President Rodrigo Duterte by the House committee on justice. In a statement on Monday, Presidential Spokesperson Ernesto Abella said the Palace maintained the impeachment complaint filed against Duterte “was from
Two Abu Sayyaf members in Bohol killed, one wounded
May 15, 2017
Two members of Abu Sayyaf Group (ASG) in Bohol were killed while the other one was wounded in an encounter with government forces on Monday, a military spokesman said. Brig. Gen. Restituto Padilla said combined elements from the AFP Central
House justice committee dismisses impeachment versus Duterte
May 15, 2017
The House committee on justice Monday dismissed the impeachment complaint filed by a partylist congressman against President Rodrigo Duterte.. The panel, chaired by Oriental Mindoro Rep. Reynaldo Umali, will prepare the committee report for plenary action. The justice committee found
Philippine won’t enter into debt trap with other countries, like China: DTI chief
May 15, 2017
The Duterte administration would not enter into a debt trap amid the offer of China and other international financing institutions to the government to finance its huge infrastructure projects, an official said on Sunday. Trade Secretary Ramon Lopez told reporters
Senate passes bill extending passport validity to 10 years
May 15, 2017
The Senate approved on third and final reading a bill extending the validity of Philippine passports from five years to 10 years. Senate Bill No. 1365, or the Philippine Passport Act, was approved with 18 affirmative votes, zero negative vote
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