Lucio Tan Jr named new head of PAL Holdings
October 29, 2019
The son of tycoon Lucio Tan has appointed as new president of PAL Holdings Inc., parent firm of the country’s flag carrier. In a statement Tuesday PAL said, Lucio Tan, Jr. was appointed president of PAL Holdings, after the resignation
Vessel allegedly carrying smuggled Malaysian goods intercepted in Sulu
October 29, 2019
Government forces intercepted a vessel allegedly carrying smuggled goods from Malaysia on Sunday afternoon. Maj. Arvin Encinas, Armed Forces of the Philippines (AFP) Western Mindanao Command, spokesman said the vessel loaded with around 10,000 cases of assorted smuggled tobacco products
PSE index higher, peso flat against US dollar
October 29, 2019
The main Philippine share index ended higher while the peso settled flat against the US dollar on Tuesday. The peso closed at P51.09 from the previous session’s P51.08. Volume at the foreign exchange portal of the Bankers Association of the
ADB report says developing Asia needs to invest more than 5% of GDP over next decade for infra
October 29, 2019
Developing Asian countries need to invest more than 5 percent of their gross domestic product (GDP) over the next decade to meet infrastructure needs of their fast-growing economies, according to a newly-launched book co-published by the Asian Development Bank (ADB).
QC court dismisses Ampatuan bid to reopen 2009 Maguindanao masscare trial
October 29, 2019
The Quezon City Regional Trial Court dismissed the bid of one of the principal accused to reopen the trial of the 2009 Maguindanao massacre case, where 58 people, including 32 journalists, were killed. In an October 25 order, Judge Jocelyn
Phivolcs said magnitude 6.6 quake related to last week’s 6.3 tremor
October 29, 2019
The Philippine Institute of Volcanology and Seismology (Phivolcs) said the 6.6 magnitude earthquake Tuesday morning in Cotabato is related to the magnitude 6.3 quake last October 16. Portions of southern Philippines were jolted by 6.6 earthquake around 9 am. “Most
At least three dead as magnitude 6.6 quake hits Cotabato
October 29, 2019
At least three were reported dead as a magnitude 6.6 quake struck Cotabato on Tuesday, a week after a tremor left five dead. Mercedita Foronda of the Provincial Disaster Risk Reduction Management Council, of North Cotabato, said two died from
Palace extends sympathies to Ogata’s family, cites her “selfless contribution” to development
October 29, 2019
Malacanang extended its condolences to the family, friends and loved ones of former Japan International Cooperation Agency ( JICA) President Sadako Ogata who passed away on Tuesday. She was 92. In a statement, Presidential Spokesperson Salvador Panelo cited the “selfless
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