Stock index ends above 7,500 points
January 3, 2019
Stocks surged to its biggest one-day gain since November 2018 as the main index closed 2.5 percent higher on Thursday. The Philippine Stock Exchange index settled at 7,680.60, up 191.40 points. In the broader market, there were 135 gainers, 61
“Usman” death toll exceeds 100
January 3, 2019
Deaths caused by landslides and flooding in Bicol, Mimaropa (Mindorom Marinduque, Romblon and Palawan) and Eastern Visayas due to Tropical Storm “Usman” climbed to 122, according to the National Disaster Risk Reduction Management Council (NDRRMC) Thursday. NDRRMC also reported a
Gov’t satisfied with storm response but admits shortcomings
January 3, 2019
Malacanang on Thursday said President Rodrigo Duterte is satisfied with the preparation of the government of Tropical Depression Usman despite high number of casualties. “I think he is (satisfied), said President Spokesman Salvador Panelo in a press briefing. “(But) there are
POEA warns OFWs against recruiters promising jobs in Japan
January 3, 2019
The Philippine Overseas Employment Administration (POEA) Thursday warned overseas Filipino workers (OFWs) against falling prey to illegal recruiters, who promise supposed employment opportunities in Japan. In a statement, the POEA said those seeking job opportunities in Japan should be vigilant
PNP names Daraga mayor as mastermind of Batocabe and bodyguard killing
January 3, 2019
Daraga City Mayor Carlwyn Baldo was named by the Philippine National Police (PNP) on Thursday as the alleged mastermind behind the killing of AKO Bicol Partylist Representative Rodel Batocabe and PO1 Orlando Diaz. In a press briefing, PNP Director General
Poe bats for urgent passage of new disaster agency
January 3, 2019
Senator Grace Poe said Thursday there is urgency to pass a bill that would create the Department of Disaster Resilience and Emergency Management, saying the people’s safety needs cannot wait. Poe’s Senate Bill 1735 filed in March 2018, seeks a
Laguna city removes South Korean statue
January 3, 2019
A city in Laguna on Thursday admitted they removed a one-meter tall South Korean bronze statue of a girl seated on a chair with her fists in her lap last December 30, two days after it was unveiled. In a
DOF to BIR: Check excise tax payments of beverage makers
January 3, 2019
The Department of Finance (DOF) on Wednesday directed the Bureau of Internal Revenue (BIR) to determine whether beverage manufacturers are paying the correct amount and type of tax as mandated under the Tax Reform for Acceleration and Inclusion (TRAIN) Law after uncovering
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