Philippines won’t pitch in additional projects for Japan funding in Friday meeting
July 6, 2017
The Philippine government has no plan to pitch in additional projects for possible Japanese funding during their second infrastructure meeting this week in Manila. In a press briefing in Malacanang on Thursday, Finance Secretary Carlos Dominguez III said the government
Duterte vows gov’t to go after killers of 2 kidnapped Vietnamese sailors
July 6, 2017
President Rodrigo Duterte said he would make sure those who beheaded the two Vietnamese seafarers would be punished. In a speech Wednesday in Hagonoy, Davao del Sur, he said he has to explain to Vietnam the beheading of its two
Duterte may issue another martial law proclamation on Mindanao
July 5, 2017
President Rodrigo Duterte may issue another proclamation if Congress would not extend the 60-day martial law period if rebellion and invasion persist in Marawi City. “If Congress does not extend on the 60th day upon initiative of the President then
(UPDATE) 2 beheaded bodies of Vietnamese found in Basilan
July 5, 2017
The suspected extremist Abu Sayyaf Group has beheaded two Vietnamese sailors whom the bandits seized in November last year, the military said on Wednesday. Armed Forces of the Philippines spokesman Brig. Gen. Restituto Padilla Jr. said the two cadavers left
NPA, illegal drugs also targets of military under martial law: Padilla
July 5, 2017
The communist New People’s Army and illegal drugs are part of the military operations under martial law, a military spokesman admitted on Wednesday. In the “Mindanao Hour” briefing in Malacanang, Armed Forces of the Philippines spokesman Brig. Gen. Restituto Padilla
Duterte creates two offices in finance department
July 5, 2017
President Rodrigo Roa Duterte signed two executive orders creating the Energy Investment Coordinating Council (EICC) and the Strategy, Economics, and Results Group (SERG) in the Department of Finance (DOF). EO No. 30 established the council, which will lead and coordinate
Duterte cites Air Force “crucial role” to protect territory, retake Marawi from terrorists
July 4, 2017
President Rodrigo Duterte underscored on Tuesday the “crucial role” of the Philippine Air Force in preserving the nation and in efforts to retake Marawi City from the Islamic State-linked Maute Terror Group. In a speech during the 70th anniversary of
Peso ends at near 11-year low of P50.52 against US dollar
July 4, 2017
The peso closed at a near 11-year low of P50.52 against the US dollar after hitting an intraday low of P50.58 on Tuesday. The Philippine currency finished at P50.545 against the greenback on Monday. Volume at the Philippine Dealing System
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