Ano to become DILG secretary after June 2 AFP turnover: Lorenzana
May 19, 2017
Armed Forces Chief of Staff General Eduardo Ano will assume his post as secretary of the Department of Interior and Local Government after the turnover ceremonies on June 2, said Defense Secretary Delfin Lorenzana on Friday. Speaking at the closing
Philippines, Russia to ink defense, other deals during Duterte’s trip to Moscow next week
May 19, 2017
The Philippines and Russia are set to sign several agreements, including defense and military cooperation, when President Rodrigo Duterte embarks on an official visit to Moscow, a non-traditional partner of the Philippines, on May 22 to 26. Assistant Foreign Affairs
Stocks reduce losses after lower-than-expected growth data
May 18, 2017
Stocks pared losses on Thursday after falling due to lower-than-expected first quarter growth of 6.4 percent. The Philippine Stock Exchange Index, down by 100 points at one stage, closed at 7,757.69 down 68.84 points. At the broader market, there were
Duterte inks executive order banning smoking
May 18, 2017
President Rodrigo Duterte has signed an executive order banning smoking in public and enclosed places nationwide. Executive Order No. 26 signed on May 16 stated that “public health takes precedence over any commercial business interest. “In order to minimize access,
Philippines to raise with China its installation of rocket launchers in disputed waters
May 18, 2017
The Philippines could raise with China its reported installation of rocket launchers in the disputed South China Sea during the bilateral meeting later this week, Malacanang said on Thursday. “I think that will be covered by the bilateral consultative mechanism,”
(Update) Philippine GDP hits 6.4 percent, lower than expected
May 18, 2017
Philippine economic growth slowed to 6.4 percent in the first quarter, lower than expected, after effects of election spending last year dissipated and due to lower government spending, Socioeconomic Planning Secretary Ernesto Pernia said on Thursday. The gross domestic
Philippines rejects EU aid to avoid “interference”
May 18, 2017
President Rodrigo Duterte has decided to reject grant aid from the European Union to stop it from “meddling” in the internal affairs of the government, specifically on its war against illegal drugs. Presidential Spokesperson Ernesto Abella said it was Finance
Philippine economy hits 6.4% in Q1, lower than expected
May 18, 2017
The Philippine economy grew 6.4 percent in the first quarter of this year, lower than the 6.9 percent growth during the same period last year. In a press conference on Thursday, Socioeconomic Planning Secretary Ernesto Pernia admitted that the January
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