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MB places Rural Bank of Padre Burgos (Southern Leyte), Inc. under PDIC receivership

MANILA, Sept. 18 (PNA) — The Monetary Board (MB) placed the Rural Bank of Padre Burgos (Southern Leyte), Inc. under the receivership of the Philippine Deposit Insurance Corporation (PDIC) by…

Japanese leasing company acquires 49% stake in BPI Leasing Corp.

MANILA, Sept. 18 (PNA) — Bank of the Philippine Islands’ (BPI) leasing business is expected to be in a more stronger ground after Century Tokyo Leasing Corporation (CTL) acquired 49…

Sen. Aquino pushes for long-term solution to congested Port of Manila

By Jelly F. Musico MANILA, Sept. 18 (PNA) – With the country’s growing economy, Sen. Paolo Benigno Aquino IV has underscored the need for the government to think for the…

BOC-MICP earns over Php469 M from 14 public auctions from January to September 2014

By Ferdinand G. Patinio MANILA, September 18 (PNA) — Over Php469-Million was earned by the Bureau of Customs-Manila International Container Port (BOC-MICP) from the conduct of public auctions on illegally…

Gov’t continues to monitor prices of prime goods –Palace

By Leslie D. Venzon MANILA, Sept. 18 (PNA) — The government is continuously monitoring the prices of food and other basic commodities to protect consumers from unjustified increases, a Palace…

PSEi up, peso down on latest Fed cut

By Joann Santiago MANILA, Sept 18 (PNA) — The local bourse on Thursday tracked the rally of Wall Street following the decision of the Federal Open Market Committee (FOMC) to…

5 NPA surrenderees presented to DILG in Sarangani Province

DAVAO CITY, Sept. 18 (PNA) -– The Eastern Mindanao Command (EastMinCom) on Thursday disclosed that five New People’s Army (NPA) rebels who recently surrendered to the Philippine Army’s 73rd Infantry…

Villagers near Mayon feel earth trembling, hear rumbling sound

By Rhaydz B. Barcia LEGAZPI CITY, Sept. 18 (PNA) -– Sixty-six-year-old Santiago Apuyan, a father of five and resident of Barangay Mabinit at the foot of Mayon in this city,…

Hundreds of martial law ‘victims’ and claimants appear for processing of benefits

DUMAGUETE CITY, Sept. 18 (PNA) -– More than 200 people have flocked to the Negros Oriental Convention Center in Dumaguete City, the capital of Negros Oriental, to process claims for…

Comelec urges Filipinos under 18 years old to register starting Sept. 20 for the SK polls next year

MANILA, Sept. 18 (PNA) — The Commission on Elections (Comelec) has urged young Filipinos or those below 18 years old to register this month for the Sangguniang Kabataan (SK) elections…

Sen. Santiago says: ‘I did not ask for DAP releases’

MANILA, Sept. 18 (PNA) – Sen. Miriam Defensor-Santiago admitted on Thursday that she received funds for her pet projects but didn’t know it came from the Disbursement Acceleration Program (DAP)…

Aquino admin opts for improved justice system

MANILA, Sept. 18 (PNA) — Malacanang on Thursday said the Aquino administration prefers to improve the justice system rather than re-imposing death penalty on heinous crime. “Yung posisyon ng Pangulo…

15 Luzon areas under storm signals as TS ‘Mario’ maintains strength –PAGASA

MANILA, Sept. 18 (PNA) – More areas in Luzon were placed under public storm warning signals as tropical storm “Mario” maintained its strength while continuing to move toward Northern Luzon…

Philippines, France agree on peaceful settlement of South China Sea dispute

PARIS, France, Sept. 18 (PNA) — The Philippines and France have agreed on the peaceful settlement of the disputes in the South China Sea in accordance with international law, including…

159 passengers in Cebu, Albay and Catanduanes stranded by ‘Mario’

MANILA, Sept. 18 (PNA) — As of 3:00 p.m. Thursday, some 159 seagoing passengers were stranded by Tropical Storm “Mario” in ports located in Southern Luzon and the Visayas, the…