Rey to head AFP’s Northern Luzon Command
July 2, 2019
Brig. Gen Ramiro Manuel Rey will be the next head of the Armed Forces of the Philippines (AFP) Northern Luzon Command (Nolcom). Armed Forces of the Philippines (AFP) Chief of Staff Gen. Benjamin Madrigal Jr. said Rey will assume his
DBM to release P59 million for BTA members’ salary: Palace
July 2, 2019
Malacanang said on Tuesday the government will release P59 million for the salary of the Bangsamoro Transition Authority ( BTA). In a statement, Presidential Spokesperson Salvador Panelo said the Department of Budget and Management would release the fund for the
Aranas quits as GSIS president and general manager
July 2, 2019
Clint Aranas resigned as president and general manager of the Government Service Insurance System ( GSIS). In his resignation letter on Tuesday, Aranas said : ”I resign, secure in the knowledge that I have unwaveringly advanced the interest of GSIS
Stock index up, peso retreats vs US dollar
July 2, 2019
The main Philippine stock index ended higher but the peso retreated against the US dollar on Tuesday. The peso closed at P51.11 from Monday’s P51.05. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $931.4
”Very high” probability suicide bombers caused Sulu blasts: military
July 2, 2019
The Armed Forces of the Philippine (AFP) said there is a ”very high” probability that suicide bombers caused the explosion in Indanan, Sulu last Friday. “The issue about whether suicide bombing or remotely detonated remains an issue but the likelihood
Palace defends qualification of Honasan as DICT chief
July 2, 2019
Malacanang defended on Tuesday the appointment of former Senator Gregorio Honasan as secretary of the Department of Information and Communications Technology ( DICT). Under the DICT Law, the secretary, undersecretary or assistant secretary of the department shall have at least
Paolo Duterte says he might join speakership race
July 2, 2019
Davao City 1st District Rep. Paolo Duterte said on Tuesday he might join in the speakership race at the House of Representatives. In a statement, the presidential son said he changed heart because of talks of “term sharing” being “obsessively”
Stock market ends first half higher, with foreign investors as net buyers
July 2, 2019
The main gauge of the Philippine stock market, the PSE index (PSEi) ended the first half with a 7.1 percent gain year-to-date, which also made it the third best performing stock index in ASEAN ( Association of Southeast Asian Nations).
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