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PSEi falls to 4-month low on Wall St. slump, revised Q4 GDP

By Leslie D. Venzon MANILA, May 27 (PNA) — Local share prices fell to their lowest in four months, tracking the downturn in the United States market, ahead of the…

PHL gov’t continues bid to achieve growth targets – Purisima

By Joann Santiago MANILA, May 27 (PNA) — Finance Secretary Cesar Purisima said moves to sustain the continued expansion of the Philippines’ economy continues after a slowdown in 2014. “We’re…

Philippines wants tensions to ease in China-U.S. row over West Philippine Sea

MANILA, May 27 (PNA) — The Philippines wants tensions to ease between China and the United States after an American spy plane recently flew over disputed areas in the West…

Researchers identify Ebola’s Achilles’ heel

WASHINGTON, May 27 (PNA/Xinhua) — Researchers from the United States and the Netherlands said Tuesday they have identified Ebola’s Achilles’ heel that could be targeted to completely block the deadly…

Meralco preparing for possible killer quake

By Juzel L. Danganan MANILA, May 27 (PNA) – The Manila Electric Company (Meralco) is preparing for the aftermath of the predicted “Big One”, a possible 7.2 magnitude earthquake along…

Universal Robina aggressively expanding in PHL, other Southeast Asian nations

MANILA, May 27 (PNA) — Gokongwei-led food and beverage manufacturer Universal Robina Corp. (URC) is aggressively expanding in the Philippines and overseas especially in Southeast Asian countries to keep pace…

OrionGroup, First Solar form new firm to develop solar projects in PHLs

By Juzel L. Danganan MANILA, May 27 (PNA) – OrionGroup International Inc., an American renewable energy (RE) firm and First Solar Inc., the world’s largest solar developer, have formed FSO…

Pacific Online Systems Corp. renews partnership with Globe Business

MANILA, May 27 (PNA) — Globe Business, the corporate ICT arm of Globe Telecom, once again gained the trust of Pacific Online Systems Corporation (POSC) as the management systems and…

Cebu Pacific to fill over 100 cabin crew vacancies in recruitment fairs in key cities

By Azer N. Parrocha MANILA, May 27 (PNA) — Low-cost carrier Cebu Pacific Air (CEB) on Wednesday said that it will conduct a nine-city recruitment fair in the coming weeks…

Rockwell Land sets Php13-B 2015 capex to ramp up project launches

MANILA, May 27 (PNA) — Lopez-led Rockwell Land Corp. is almost doubling its capital expenditure budget this year to Php13 billion from last year’s Php8.7 billion, as it ramps up…

PHL, Albay tourism gets strong pitch at APTM 2015 opening

By Johnny C. Nunez LEGAZPI CITY, May 27 (PNA) — Philippine tourism got a strong promotional push early this week from Albay Gov. Joey Salceda, the country’s first Tourism Star…

Antique receives P128.4M share in natural wealth

SAN JOSE, Antique, May 27 (PNA) — The province of Antique received its biggest share so far of the proceeds in the utilization and development of natural wealth in the…

Iloilo’s historic old capitol to open on May 29

ILOILO CITY, May 27 (PNA) — The Casa Real de Iloilo or the old capitol of Iloilo will have its soft opening and blessing on Friday. Vice Governor of Iloilo…

Dagupan milkfish among top sellers at IFEX in MOA

DAGUPAN CITY, May 27 (PNA) — The certified Dagupan milkfish, either blast frozen, deboned marinated, canned and bottled, was the top sensation in the International Food Exhibition (IFEX) 2015 at…

IMF maintains PHL growth forecast at 6.7%; raises inflation outlook on impact of El Nino

By Leslise D. Venzon MANILA, May 26 (PNA) — The International Monetary Fund (IMF) has maintained its growth projection for the Philippines this year at 6.7 percent despite a weak…