More News

Economic managers eye “A” level investment grade for PHL

By Joann Santiago MANILA, April 24 (PNA) — Philippines’ economic managers are now eyeing an “A” category investment grade for the country in the medium term after Standard & Poor’s…

S&P keeps PHL’s ‘BBB’ rating, eyes sustained growth growth for the economy

By Joann Santiago MANILA, April 24 (PNA) – Standard&Poor’s (S&P) on Friday maintained its investment grade rating of ‘BBB’ with “stable” outlook for the Philippines after noting that strong fundamentals…

BFAR advises fishermen not to go near Bajo de Masinloc

By Jelly F. Musico MANILA, April 24 (PNA) – The Bureau of Fisheries and Aquatic Resources (BFAR) has advised Filipino fishermen not to approach near the disputed Bajo de Masinloc,…

President Aquino accepts invitation to visit Canada in May

By Jelly F. Musico MANILA, April 24 (PNA) – Deputy Presidential Spokesperson Abigail Valte announced on Friday that President Benigno Aquino III has accepted the invitation of Canadian Governor General…

PHL vows governance, policy reforms to lure private sector participation in infra projects

By Leslie D. Venzon MANILA, April 24 (PNA) — The government has vowed to continuously improve public sector governance and institute policy reforms to improve the business climate in the…

Lacson to run for President in May 2016

By Jojo B. Lamaria BAGUIO CITY, April 24 (PNA) – Former Senator Panfilo ‘Ping’ Lacson, today, April 24, announced that he is seeking to be elected in the highest elective…

Tourism revival brings opportunities to storm-weary communities

By Ronald O. Reyes TACLOBAN CITY, April 24 (PNA)– Lorna Rocabo, 43, sits inside her glass-panelled office comfortably, interrupted only between answering phone calls and signing some papers delivered to…

Former Senator Angara remains confident in achieving peace in Mindanao

By Jelly F. Angara MANILA, April 24 (PNA) – Former Senate President Edgardo Angara has expressed optimism that the government and the Moro Islamic Liberation Front (MILF) will be able…

Fitch affirms ratings of PHL’s BPI, BDO, Metrobank

By Joann Santiago MANILA, April 24 (PNA) — Fitch Ratings on Friday affirmed its ratings on Philippines-based banks Bank of the Philippine Islands (BPI), Banco de Oro Unibank Inc. (BDO)…

Lending, deposit-taking businesses boost BDO 2014 profit to record level

MANILA, April 24 (PNA) — Listed BDO Unibank Inc. (BDO) posted an 18-percent increase in net income in 2014 on the back of the strong performance of its lending and…

SLTEC completes construction of first unit

MANILA, April 24 (PNA) — South Luzon Thermal Energy Corp. (SLTEC), a joint-venture between Trans-Asia Oil, Energy Development Corporation (EDC) and Ayala Corporation, has completed the construction of its first…

Moody’s Analytics eye further rise of PHL GDP in Q1 ’15 to7.3%

By Joann Santiago MANILA, April 24 (PNA) — Sustained improvement of government spending and infrastructure investment among others made Moody’s Analytics forecast a 7.3 percent expansion of the Philippine economy…

PHL inflation eases at 2.4% in Q1 2015

By Kris M. Crismundo MANILA, April 24 (PNA) — The Philippines’ headline inflation rate for January to March 2015 period has eased to 2.4 percent, the Bangko Sentral ng Pilipinas…

Globe Business boosts productivity of IT solutions firm with Google Apps

MANILA, April 24 (PNA) — Globe Business, the corporate ICT arm of Globe Telecom, is leading the adoption of cloud services in the PH enterprise industry as it offers Google…

Sambawan Island: Biliran’s tourism gem

By Roel T. Amazona MARIPIPI, Biliran, April 24 (PNA) — Diving and checking its rich marine life has been a passion for Scottish Martin Bailey, another reason why he keeps…