Stock index down after four-day gain, peso up
November 28, 2018
The local stock index ended a four-day gain but the peso ended higher against the US dollar on Wednesday. The Philippine Stock Exchange ended at 7,382.43 points, down 31.20 points. In the broader market, there were 95 decliners, 81 gainers
Bersamin vows judicial independence
November 28, 2018
President Rodrigo Duterte has appointed Supreme Court Associate Justice Lucas Bersamin as chief justice and head of the judiciary, left vacant by the retirement of Chief Justice Teresita Leonardo-De Castro October 10. Dutere also appointed Court of Appeals Associate Justice
Lorenzana said military to study closely Duterte plans to create sparrow units
November 28, 2018
Defense Secretary Delfin Lorenzana said the military will study a plan by President Rodrigo Duterte to put up sparrow units in its ranks “We will study it very closely. Who will compose it, who will supervise it, who will be
Bersamin new Supreme Court chief justice
November 28, 2018
Malacañang confirmed on Wednesday the appointment of Lucas Bersamin as the 25th chief justice of the Supreme Court. In a statement, Presidential Spokesperson Salvador Panelo said Rosmari Carandang was named as Associate Justice. The 69-year old Bersamin has replaced former
Palace confident Locsin can fully advance Philippine interests globally
November 28, 2018
Malacañang welcomed on Wednesday the confirmation by the Commission on Appointments of Teodoro Locsin Jr.’s appointment as secretary of the Department of Foreign Affairs. “Being a lawyer, the Filipino community can expect Sec. Locsin to fully advance the interests of
Duterte to form “death squad” to match Reds’ sparrow units
November 28, 2018
President Rodrigo Duterte said on Tuesday he would form a “death squad” to match the sparrow units of the communist rebels. In a speech at Camp Rajah Sikatuna in Carmen, Bohol, Duterte said his administration has been trying to make
Philippines receives P35.1 billion pledges for Bangon Marawi rehab program
November 28, 2018
The Philippines has received a total of P35.1 billion (about $670 million) in pledges from the international community to aid in the ongoing rehabilitation and reconstruction efforts for the damaged city of Marawi in Mindanao, Finance Secretary Carlos Dominguez III
Duterte wants to be cautious in deporting undocumented Chinese workers
November 28, 2018
President Rodrigo Duterte said the government should be cautious in deporting undocumented tens of thousands of Chinese working in the Philippines as this could boomerang to Filipinos illegally working in China and other countries. In an interview with reporters Tuesday
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