June 5 declared as holiday to mark Eid’l Fitr

May 29, 2019

President Rodrigo Duterte has declared June 5 as a holiday to mark Eid’l Fitr or Feast of Ramadhan. Proclamation No 729 signed on May 28, a copy of which was only released to the public on Wednesday, said Eid’l Fitr

READ MORE

Chelsea enters into agreement with Japanese shipbuilder

May 29, 2019

Chelsea Logistics and Infrastructure Holdings Corp. on Wednesday said it entered into a strategic agreement with Kumiai Senpaku Co. Ltd., one of the largest independent shipping companies in Japan to finance construction of the new passenger vessel of its wholly-owned

READ MORE

P10.2 million worth of shabu seized in Pateros

May 29, 2019

About P10.2 million worth of shabu was confiscated Tuesday afternoon in a buy-bust operation which resulted in the arrest of an alleged drug suspect in Pateros. According to the National Capital Region Police Office (NCRPO), around 5:30 pm joint elements

READ MORE

President Rodrigo Duterte arrives in Tokyo, Japan for his 3rd visit

May 29, 2019

President Rodrigo Duterte arrived at the Haneda Airport in Tokyo, Tuesday 9:52 pm (Japan time). Duterte will attend the 25th Nikkei Conference on the Future of Asia on Friday. DMS

PSE index up, peso loses ground vs US dollar

May 28, 2019

The key stock index rose but the peso ended lower against the US dollar on Tuesday. The Philippine peso finished at P52,30 against the greenback from P52.22 the previous day. Volume reached $913.8 million from Monday’s $633,81 million, The Philippine

READ MORE

Duterte’s bringing most Cabinet officials reward after midterm polls: Laurel

May 28, 2019

President Rodrigo Duterte has brought with him most members of his Cabinet as his “reward” for them after the midterm elections, Philippine Ambassador to Japan Jose C. Laurel V said on Tuesday. The 75-year old envoy said the information he

READ MORE

Palace certifies as urgent bill imposing higher excise tax for tobacco

May 28, 2019

Malacanang has certified as urgent a bill imposing higher excise taxes for tobacco products. Justice Secretary Menardo Guevarra, designated officer-in-charge of the Office of the President until Saturday while President Rodrigo Duterte is in Japan for an official visit, said

READ MORE

Tokyo Gas, First Gen break ground on LNG terminal in Batangas

May 28, 2019

First Gen Corporation and Japan’s largest gas utility, Tokyo Gas Co. Ltd., held its “kagami biraki” or groundbreaking ceremony for the $1 billion Liquefied Natural Gas receiving terminal project in Batangas City Monday morning.  According to First Gen, the terminal

READ MORE