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Poe says ‘honesty’ should also be an issue in 2016 presidential race

By Jelly F. Musico MANILA, May 18 (PNA) -– Senator Grace Poe agreed with Vice President Jejomar Binay that experience and competence should be an issue in 2016 presidential election….

Senate concurs PHL social security deals with Denmark, Portugal

By Jelly F. Musico MANILA, May 18 (PNA) — The Senate on Monday approved on third and final reading two resolutions concurring in the ratification of the Agreement on Social…

DENR, LGU strengthen environmental regulations in Batanes amid influx of tourists

By Lilybeth G. Ison BASCO, Batanes, May 18 (PNA) — With the influx of foreign and local tourists in the country’s northernmost islands group, the Department of Environment and Natural…

SOM Chair to APEC economies: Create environment conducive to digital economy or get left behind

By Leslie D. Venzon BORACAY ISLAND, Aklan, May 18 (PNA) — The 21 member economies of the Asia-Pacific Economic Cooperation (APEC) are working to promote a policy and regulatory environment…

President Aquino posts Php 1.8-M hike in net worth in ’14

By Joann Santiago MANILA, May 18 (PNA) — Assets of President Benigno Aquino III increased by about Php 1.82 million year-on-year in 2014. A copy of the Chief Executive’s Statement…

PHL seeks protection for Filipino workers after attack on Saudi city

By Michaela P. Del Callar MANILA, May 18 (PNA) -– Philippine officials in Saudi Arabia have sought extra protection for Filipino workers in the city of Najran after it was…

MNLF central committee sees BBL as solution to attain peace in Mindanao

By Jelly F. Musico MANILA, May 18 (PNA) – The Moro National Liberation Front (MNLF) central committee believes the proposed Bangsamoro Basic Law (BBL) is the best tool to end…

DA working to sustain agri growth momentum –Alcala

By Cielito M. Reganit MANILA, May 18 (PNA) — Agriculture Secretary Proceso Alcala lauded on Monday the performance of the agriculture sector after it grew nearly two percent in the…

Asia becomes world’s largest investor region: UNCTAD

GENEVA, May 18 (PNA/Xinhua) — Asia has become, for the first time, the world’s largest investor region with US$ 440 billion invested in 2014, followed by North America (US$ 390…

First Gen net income up 18% at US$ 50.5-M in Q1

MANILA, May 18 (PNA) — First Gen Corporation’s net income for the first quarter of 2015 has grew to US$ 50.5 million, an increase of 18 percent from 2014’s US$…

BSP still assessing its ’15, ’16 BoP projections

MANILA, May 18 (PNA) — The Bangko Sentral ng Pilipinas (BSP) continues to review its balance of payment (BoP) projection for 2015 as well as its outlook for 2016. ”The…

PSE index regains 7,900-level

MANILA, May 18 (PNA) — The local stock market regained the 7,900-mark on Monday, extending its winning streak to sixth straight session, still driven by corporate earnings and positive economic…

Aboitiz Power to secure financing for Therma Visayas coal fired, Manolo Fortrich hydro plant by Q3

By Juzel L. Danganan MANILA, May 18 (PNA) — Aboitiz Power Corporation will secure the financing for the 68 Megawatt (MW) Hedcor Bukidnon Inc. hydro power plant and the 510…

LandBank net income up 24% to Php 3.6 B in Q1 ’15

MANILA, May 18 (PNA) — The Land Bank of the Philippines started 2015 with strong first quarter net income of Php3.6 billion, 24 percent increase from the Php2.9 billion registered…

Baguio still primary tourist destination despite traffic snarls, says city dad

BAGUIO CITY, May 18 (PNA) -– Baguio City Councilor Elmer Datuin, chairman of the Council Committee on Tourism, on Monday said Baguio City continues to get its fair share of…