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NREB re-files FIT rate proposal for wind at Php7.93 per kWh from Php8.49 per kWh

By Juzel L. Danganan MANILA, June 29 (PNA) — The National Renewable Energy Board (NREB) has re-filed to the Energy Regulatory Commission (ERC) its proposed Feed-in-Tariff (FIT) rate for wind…

PHL stocks retreat anew to 7,500-mark

MANILA, June 29 (PNA) — Philippine equities retreated to the 7,500-level anew on Monday, fuelled by fears of a Greek imminent debt default. The barometer stock exchange index declined 54.67…

Expert: Lifting of banking sanctions a national success

TEHRAN, June 29 (PNA/IRNA) — A capital market expert believes that lifting of sanctions, especially banking sanctions is a national success, expressing hope that with finalization of agreements, the country’s…

Hollande urges Greeks to resume debt talks before negotiations’ closure

PARIS, June 29 (PNA/Xinhua) — French President Francois Hollande on Monday expressed hope that Athens would resume debt negotiations for last-minute breakthrough in the few hours before the talks would…

Malaysia hopes Greece will solve debt crisis

KUALA LUMPUR, June 29 (PNA/Bernama) — International Trade and Industry Minister Datuk Seri Mustapa Mohamed is hopeful that Greece will find concrete solutions to revive its debt-laden economy. “In the…

Russian gas for China to flow through power of Siberia pipeline in 2018

MOSCOW, June 29 (PNA/Sputnik) — The Power of Siberia gas pipeline delivering Russian fuel to China will go into exploitation in 2018 and will be synchronized with China’s infrastructure, according…

(Update) Oil firms cut gas prices by Php1.05/liter, diesel by Php0.15c/liter Tuesday

MANILA, June 29 (PNA) -– Oil firms have cut gas prices per liter by Php1.05 and diesel by Php0.15 centavos per liter on Tuesday. Petron Corporation, Pilipinas Shell Petroleum Corporation…

Max’s Group on track to open 90 stores in 2015

MANILA, June 29 (PNA) — Listed Max’s Group Inc., the country’s leading casual dining operator, is on track to open 80 to 90 new stores in 2015, as it takes…

DepEd issues guidelines for student internship program

By Lily O. Ramos MANILA, June 29 (PNA) — The Department of Education (DepEd) on Monday issued guidelines for Student Internship Program in the Philippines (SIPP) in accordance with the…

(Feature) PRC and partners continue to provide assistance to typhoon ‘Yolanda’ affected communities

By Leilani S. Junio MANILA, June 29 (PNA) — Twenty months after typhoon “Yolanda” devastated a large area of the Visayas in November 2013, the Philippine Red Cross (PRC) said…

Election lawyer warns political parties on premature political convention

MANILA, June 29 (PNA) — As many political parties are gearing up in preparation for the 2016 national and local polls, an election lawyer has warned them that a law…

Submission of entries for Health Film Festival is until July 15

By Ma. Cristina C. Arayata MANILA, June 29 (PNA) — You still have two weeks to send entries for the Forum 2015 Health Film Festival as the deadline was set…

Belmonte confident no changing of guards in the 16th Congress

By Sammy F. Martin MANILA, June 29 (PNA) — Speaker Feliciano Belmonte Jr. on Monday said that he is confident that a big majority of congressmen remain supportive on his…

PHL looking for funds to acquire ‘spy plane’

MANILA, June 29 (PNA) — While desirous to acquire a “spy plane” (surveillance and patrol aircraft in military parlance), Department of National Defense (DND) Secretary Voltaire Gazmin on Monday admitted…

Palace exec says DOTC will continue to answer technical issues on MRT problems

By Joann Santiago MANILA, June 29 (PNA) — Presidential Spokesperson Edwin Lacierda said on Monday the Department of Transportation and Communications (DOTC) is ready to answer questions regarding the current…