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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…

House Committee on Ways and Means approves Bangsamoro bill

MANILA, May 26 (PNA) — The House of Representatives Committee on Ways and Means approved with amendments the provisions in the proposed Basic Law for the Bangsamoro Autonomous Region specific…

Researchers find new way to treat diabetic blindness

WASHINGTON, May 26 (PNA/Xinhua) — U.S. researchers said Monday they have found a new way to restore the eyesight in patients who have a blinding eye disease caused by diabetes….

Senators willing to sit down with President Aquino on BBL — Drilon

By Jelly F. Musico MANILA, May 26 (PNA) — Senate President Franklin Drilon on Tuesday said the senators would welcome sitting down with President Benigno Aquino III after the release…

NBI probes into viral photos of child treated as dog

MANILA, May 26 (PNA) — The National Bureau of Investigation (NBI) is now coordinating with the Department of Social Welfare and Development (DSWD) to investigate the controversial viral pictures of…

DOJ to decide on third batch of PDAF scam cases this week

MANILA, May 26 (PNA) — The Department of Justice (DOJ) is expected to decide this week on the third batch of the priority development assistance fund (PDAF) scam cases which…

OIC invites PHL in Kuwait gab for Mindanao peace process

MANILA, May 26 (PNA0 — A three-member delegation from the Philippine government is due to attend the annual gathering of foreign ministers of Muslim countries on Wednesday. In a letter,…

Secretary Roxas: “I am ready to continue serving the people thru Tuwid na Daan”

By Emil G. Gamos DONA REMEDIOS TRINIDAD, Bulacan, May 26 (PNA)– Interior and Local Government Secretary Mar Roxas continues to dodge questions on his plans for the 2016 presidential elections….

SC asked to void Family Code provisions prohibiting same sex marriage

MANILA, May 26 (PNA) — A taxpayer has questioned before the Supreme Court (SC) some provisions of the Family Code prohibiting same sex marriage. In a 31-page petition filed by…

PSE monitors developments in GREEN even with trading suspension

MANILA, May 26 (PNA) — The Philippine Stock Exchange, Inc. (PSE) continues to monitor the developments involving Greenergy Holdings Incorporated (GREEN) even as trading of its shares has been suspended….

PHL economy to expand 6.5% to 7% in Q1 — FMIC, UA&P

By Leslie D. Venzon MANILA, May 26 (PNA) — The Philippine economy is expected to grow 6.5 percent to 7 percent in the first quarter due to higher infrastructure spending…

ASEAN Strategic Action Plan for SMEs Ready by November

KUALA LUMPUR, May 26 (PNA/Bernama) — The ASEAN Strategic Action Plan for Small and Medium Enterprises (SMEs) will be ready by November following submission to leaders of the regional bloc…

Construction of P1.3-B solar power plant in South Cotabato to start June

GENERAL SANTOS CITY, May 26 (PNA) — Foreign-backed energy firm NV Vogt Philippines Solar Energy One, Inc. will finally begin next month the construction of its P1.3-billion solar power plant…

Alveo Land sees Php3.7-B in sales from new Laguna residential project

MANILA, May 26 (PNA) — Listed property giant Ayala Land Inc. affiliate Alveo Land expects to generate Php3.7 billion in sales with the launch of the 40-hectare fifth residential subdivision…

Japan gov’t panel eyes further relaxing visa requirements

TOKYO, May 26 (PNA/Xinhua) — A panel advising the Japanese government on economic policy is expected to discuss a proposal Tuesday to further ease visa requirements to draw more tourists…