House leadership backs Duterte request to extend martial law in Mindanao
December 9, 2018
A joint session of Congress is set on Wednesday, with the House of Representatives likely to approve President Rodrigo Duterte’s request to extend martial law in Mindanao for one more year. Speaker Gloria Macapagal-Arroyo said the House of Representatives is awaiting
Duterte sees danger of using “cheap” motorcycles from Japan
December 8, 2018
President Rodrigo Duterte on Friday warned of the danger of using “cheap” motorcycles from Japan. “The dangers now in our highways and alleys and roads is the advent of cheap motorcycle(s) from Japan,” Duterte said in his speech during the
Duterte to gov’t troops: Better commit suicide than to be captured by enemies
December 8, 2018
President Rodrigo Duterte on Friday reiterated his advice to government security forces to commit suicide when they are cornered than to allow themselves to be captured by the rebels. “Eat your bullets. Die with dignity,” Duterte said in his speech
Lorenzana says martial law can be lifted in Mindanao mid-2019 if things improve
December 7, 2018
Defense Secretary Delfin Lorenzana assured Friday declaration of martial law in Mindanao may be lifted in the middle of 2019 if the situation improves. This after Lorenzana recommended the extension of martial law in Mindanao to President Rodrigo Duterte
End-November 2018 GIR level rises to $75.49b
December 7, 2018
Preliminary data showed gross international reserves (GIR) rose to $75.49 billion as of end-November 2018, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla, Jr. announced Friday. This was higher than the $74.71 billion level recorded in October due mainly to
Stocks lower, but peso gains slightly
December 7, 2018
Stocks closed lower while the peso gained slightly against the US dollar on Friday. The Philippine Stock Exchange index settled at 7, 461.06, down 74.26 points. In the broader market, there were 110 decliners, 80 gainers and 42 shares unchanged.
Kintanar was not removed on helicopter deal: Lorenzana
December 7, 2018
Former Air Force chief Gen. Galileo Gerard Kintanar Jr. was not removed over anomalous transactions on procurement of helicopters under the Armed Forces of the Philippines modernization program, according to Defense Secretary Delfin Lorenzana. “There’s nothing (anomalous) because the helicopter
Trillanes faces arrest for libel rap filed by Paolo Duterte
December 7, 2018
A regional trial court in Davao City has issued an arrest warrant against opposition Senator Antonio Trillanes IV on the libel charge filed against him by former Davao City Vice Mayor Paolo Duterte. Presiding Judge Melinda Dayanghirang of Branch 54
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