Lorenzana objects to suspending military operations vs NPAs on X’mas holidays
December 5, 2018
Defense Secretary Delfin Lorenzana said he objects to a suspension of military operations against the New People’s Army (NPA) during the Christmas holidays. In a text message on Wednesday, Lorenzana said: “We shall not allow the Communist Party of the
Manufacturing indices up for 10 straight months
December 5, 2018
The Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority for October 2018 reported manufacturing’s Volume of Production Index (VoPI) rose by3.9 percent while the Value of Production Index (VaPI) climbed by 3.3 percent, the National Economic and Development Authority (NEDA) said Wednesday. VoPI and VaPI have been on positive territory for 10 consecutive months since January
LTFRB cancels franchise of Dimple Star fleet
December 5, 2018
The Land Transportation Franchising and Regulatory Board (LTFRB) ordered the cancellation of 11 franchises constituting the entire fleet of the Dimple Star Bus Company, based on previous incidents of road crashes that resulted in multiple deaths and injuries. LTFRB chairman
Police, military recommend extending martial law in Mindanao for one year
December 5, 2018
The Philippine National Police (PNP) and the Armed Forces of the Philippines (AFP) recommend extending martial law in Mindanao for one more year, according to PNP Director General Oscar Albayalde. “We have just signed a document together with the
Employment declines slightly, underemployment at 15-year low in October
December 5, 2018
The unemployment rate for October slightly increased to 5.1 percent but underemployment hit a 15-year low in October, according to Philippine Statistics Authority ( PSA) Wednesday. National Statistician Lisa Bersales said unemployment rate was five percent during the same month
Duterte plans to appoint outgoing military chief as peace adviser
December 5, 2018
President Rodrigo Duterte is mulling to appoint as new peace adviser Armed Forces of the Philippines Chief of Staff General Carlito Galvez Jr., who is set to retire next week, Malacanang said on Wednesday. In a statement, Presidential Spokesperson Salvador
Duterte’s “decisive action”results to lower inflation in November – Palace
December 5, 2018
Malacanang welcomed on Wednesday the decrease in inflation in November, attributing it to President Rodrigo Duterte’s “decisive action.” In a statement, Presidential Spokesperson Salvador Panelo cited the government’s intervention to lower inflation, which was at 6 percent in November. “The
Treasury studying timing of Marawi bond float: Dominguez
December 5, 2018
Finance Secretary Carlos Dominguez III said Wednesday the Bureau of the Treasury (BTr) is studying the “exact timing” of the issuance of the Marawi bonds in relation to the schedule of the delivery of the pledges raised by the government
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