Palace calls as “hearsay”, “rehash” accusation that Duterte, daughter have over P100 million bank deposits, investments
January 22, 2018
Malacanang branded on Monday as “hearsay” and “rehash” allegations that President Rodrigo Duterte and daughter, Davao City Mayor Sara Duterte-Carpio, of having over P100 million in joint bank deposits and investments, which they failed to declare in their statements of assets and
Robredo’s statement that “darkness” shrouds Philippines “out of touch”, says Palace
January 21, 2018
Malacanang on Sunday slammed Vice President Leni Robredo, saying her remarks during the anniversary of Liberal Party were “out of touch” in what has been happening in the country. During the 72nd anniversary celebration of opposition Liberal Party, Robredo, who
Philippines remains beneficiary of EU’s GSP+ despite “grave concern” over drug killings
January 21, 2018
The Philippines will continue to enjoy zero tariffs on its more than 6,000 products being exported to member-countries of the European Union, Malacanang said on Saturday. Presidential Spokesperson Harry Roque said the EU’s Generalized Scheme of Preferences Plus stays. “So
Palace: Philippines does not wish to be part of US-China intramural in disputed waters
January 21, 2018
The Philippines refused on Sunday to meddle on the recent encounter between the United States and China’s vessels near the Scarborough Shoal in the disputed South China Sea. In a statement, Presidential Spokesperson Harry Roque said Washington could take care
Duterte leads launching of bank for Filipinos overseas
January 18, 2018
President Rodrigo Duterte led on Thursday the launching of the Overseas Filipino Bank dedicated to the needs of overseas Filipino workers in Liwasang Bonifacio, Manila. In his speech, Duterte said the opening of the OF Bank was one of his promises when
Duterte vowed to take “firm measure” on comfort women statue, Japanese official says
January 18, 2018
President Rodrigo Duterte has vowed to take a “firm measure” on the construction of a statue depicting the “comfort women” in a major thoroughfare in Manila. Katsuyuki Kawai, a lawmaker of Japan’s ruling Liberal Democratic Party and former special adviser
Philippine “excellent” financial standing at risk if teachers’ salaries are doubled, Diokno warns
January 17, 2018
Budget Secretary Benjamin Diokno warned on Wednesday that the budget deficit could rise to 5 percent of gross domestic product, putting at risk its “excellent” international financial standing, if the salaries of teachers will be doubled. Diokno said doubling salaries of teachers
Stocks end higher, peso at P50.37:$1
January 15, 2018
Stocks ended higher on Monday despite losing higher gains in early trading. The Philippine Stock Exchange index closed 43.10 points higher to 8,857.12 points. But at the broader market, there were 109 decliners, 99 gainers and 52 shares unchanged. Volume
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