PNP buys P784 million worth of equipment
August 8, 2019
The Philippine National Police ( PNP) on Thursday acquired P784 million worth of additional police equipment under the Capability Enhancement Program (CEP). Police General Oscar Albayalde witnessed the blessing of the newly-procured equipment at Camp Crame. “This morning we have
St. Luke’s to offer affordable medical service to Army, dependents
August 8, 2019
St. Luke’s Medical Center will offer affordable world-class medical expertise and services to Army personnel and their dependents. Lt. Col. Ramon Zagala, Philippine Army spokesman, said St. Luke’s Medical Center forge a partnership with the Army during a courtesy call
Duterte declares August 12 as national holiday
August 8, 2019
President Rodrigo Duterte on Thursday declared August 12 as regular holiday in observance of the Eid’l Adha or Feast of Sacrifice. The declaration was made after Duterte signed the Proclamation No. 789 which stated August 12 as a regular holiday
PSE index flat, peso gains vs US dollar
August 8, 2019
The main Philippine stock index ended flat but the peso gained against the US dollar on Thursday as the government reported lower second quarter growth. The peso finished at P52.04 from P52.32 on Wednesday. Volume at the foreign exchange portal
Lorenzana condemns recruitment of minors by left
August 8, 2019
Defense Secretary Delfin Lorenzana condemns recruitment of minors by the Communist Party of the Philippines (CPP)-New People’s Army (NPA)- National Democratic Front (NDF). “The defense and military establishments are very vocal against the deceptive recruitment of young Filipinos in our
Palace says call by Davao City to be exempted from martial law needs study
August 8, 2019
The call of Davao City Council led by Mayor Sara Duterte-Carpio to lift martial law in the city needs further study, Malacanang said on Thursday. But in a press briefing, Presidential Spokesperson Salavador Panelo said that the Palace has yet
Central bank cuts policy rates after four-year low growth data
August 8, 2019
The Monetary Board cut policy rates by 25 basis points to 4.25 percent on Thursday, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said. Interest rates on the overnight deposit and lending facilities were reduced to 3.75 percent to 4.75 percent,
Philippine economy slows to 5.5% in Q2
August 8, 2019
The Philippine economy grew 5.5 percent in the second quarter, the lowest growth out turn in four years, Socioeconomic Planning Secretary Ernesto Pernia said on Thursday. The April to June gross domestic product growth was lower than the 6.2 percent
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