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Various government agencies work hand in hand to solve EDSA traffic

By Christopher Lloyd T. Caliwan MANILA, Sept. 4 (PNA) -– An Inter-agency will work hand in hand to alleviate heavy traffic along the 23.8-kilometer Efipanio Delos Santos Avenue (EDSA), according…

Inflation dips to all-time low of 0.6% in August

By Leslie D. Venzon MANILA, Sept. 4 (PNA) — Lower food and energy and oil rates further pulled down Philippine inflation rate to its new lowest level in August, bringing…

President Aquino allocates PhP124M to build marine base in Zamboanga village

ZAMBOANGA CITY, Sept. 4 (PNA) -– President Benigno Simeon Aquino III has allocated PhP124 million for the purchase of a lot and the construction of marine base in Barangay Rio…

Legarda urges gov’t to resume peace talks with NDFP

By Jelly F. Musico MANILA, Sept. 4 (PNA) — As the Senate deliberates on the proposed Bangsamoro Basic Law, Senator Loren Legarda on Friday urged government to resume peace negotiations…

Over importation of rice spells trouble for local farmers

By Filane M. Cervantes MANILA, Sept. 4 (PNA) — The reported importation of 2.1 million metric tons (MT) of rice by the National Food Authority (NFA) may pose serious repercussions…

Barclays eyes cut in PHL banks’ RR rates

MANILA, Sept. 4 (PNA) — London-based Barclays raised the possibility of cut in Philippine banks’ reserve requirements (RR) after the Bangko Sentral ng Pilipinas (BSP) said it it monitoring domestic…

Max’s Group’s Sizzlin’ Steak brand to enter Vietnam

MANILA, Sept. 4 (PNA) — Listed casual dining firm Max’s Group, Inc. (MGI) is set to make maiden entry of its homegrown brand, Sizzlin’ Steak, into Vietnam. MGI recently signed…

PhilHealth taps PLDT Alpha enterprise to enhance existing communication links

MANILA, Sept. 4 (PNA) — The Philippine Health Insurance Corp. (PhilHealth) recently tapped a telecommunications company to enhance the existing connectivity of all its offices. At present, 24 Regional and…

PHL garments exports seen to hit USD 1.5 B in 2 years

By Kris M. Crismundo MANILA, Sept. 4 (PNA) — The country’s exports of garments and hard goods are seen to double in the next two years hitting USD 1.5 billion,…

Profit-taking drags PHL stocks lower

By Leslie D. Venzon MANILA, Sept. 4 (PNA) — The Philippine Stock Exchange index (PSEi), the local stock barometer, closed the week lower following profit-taking by investors. PSEi slipped 46.98…

School, industry, Calamba LGU ink partnership, collaboration on connectivity

By Zen Trinidad CALAMBA CITY, Laguna, Sept. 4 (PNA) — The Laguna College of Business and Arts (LCBA) in this city through the Linkages and External Affairs (LES) inked an…

Ormoc shootout kills suspected high profile drug lord

ORMOC CITY, Leyte, Sept. 4, (PNA) – A suspected high profile drug lord was killed during a police operation in the city Thursday morning. City Director Police Sen. Supt Ferdinand…

CFO to fund water system project in Iloilo village

ILOILO CITY, Sept. 4 (PNA) — The Commission on Filipino Overseas (CFO) will fund a water system project in the town of Carles in the province. The PHP1.5 million-rainwater harvesting…

DBM assists W. Visayas SUCs in fast-tracking implementation of projects

ILOILO CITY, Sept. 4 (PNA) –- The Department of Budget and Management (DBM) is now gearing to submit its recommendations on how to speed up implementation of projects by the…

Sec. Roxas urges Visayas mayors to join him in his mission to carry on ‘Tuwid na Daan’

By Annabel J. Petinglay ILOILO CITY, Sept. 3 (PNA) -– Department of the Interior and Local Government (DILG) Secretary Mar Roxas has urged Visayas mayors to show their support to…