Peso declines after Monetary Board approves three-stage cut in reserve requirement
May 17, 2019
The peso declined against the US dollar on Friday, a day after the Monetary Board approved a three-stage cut effective of two percentage points in banks’ reserve requirement. The peso closed at P52.63, down 15 centavos from Thursday. Volume at
DOF, DOH to make final push for Congress OK of higher ‘sin’ taxes on tobacco, alcohol
May 17, 2019
The departments of finance and health are making a final push for the outgoing Congress to raise ‘sin’ taxes on tobacco and alcohol to close a cumulative funding gap estimated at P426 billion over the next five years for the
Comelec questions Namfrel statement
May 17, 2019
The Commission on Elections (Comelec) on Friday questioned National Citizens’ Movement for Free Elections (Namfrel) statement seeking for an explanation on their “transmission router”. “It seems that people are forgetting things,”Comelec spokesperson James Jimenez said in a press briefing. Jimenez
Comelec will not allow substitutions for partylist representatives
May 17, 2019
There will be no more substitution for partylist representatives, according to Commission on Elections ( Comelec) James Jimenez on Friday. This after National Youth Commissioner Ronald Cardema filed a motion last Thursday to be a substitute as Duterte Youth partylist representative.
JS Samidare, 2nd JMSDF ship to visit Philippines, docks in Subic
May 17, 2019
The second vessel of the Japan Maritime Self Defense Force (JMSDF) to visit the country this year arrived for a goodwill visit in Zambales on Friday. Capt. Jonathan Zata, Philippine Navy spokesman, said JS Samidare, with two SH-60K patrol helicopters
Troops defuse tension by alleged private armed groups in Maguindanao
May 17, 2019
Government troops intervened in tension caused by alleged private armies by two local candidates and recovered firearms and other war materiel in a military operation in Maguindanao on Thursday. Major Arvin Encinas, spokesman of the 6th Infantry Division, said troops
38 injured in two vehicular accidents in Quezon: police
May 17, 2019
A total of 38 persons were injured in a two separate vehicular accidents in Quezon province, according to police Friday. In a report by the Quezon Police Provincial Office ( QPPO), eighteen persons were injured after an overloaded bus hit
Gunshots heard during canvassing at Zamboanga del Norte municipality
May 17, 2019
Gunshots were heard during canvassing at a municipal hall in Zamboanga del Sur Thursday evening In a police report, the incident happened around 11 pm at Purok 5, Brgy Kagawasan in Dimataling when bursts of gunfire were heard perpetrated by
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