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Aboitiz Equity Ventures’ Php25-B fixed-rate retail bonds 2.7x oversubscribed

MANILA, July 31 (PNA) — Philippine conglomerate Aboitiz Equity Ventures, Inc. (AEV) completed Friday its offer of the first tranche of its fixed-rate retail bonds amounting to Php24 billion. “The…

EC Gas to cut LPG prices by Php1.10/kg

By Juzel L. Danganan MANILA, July 31 (PNA) — EC Gas will cut its Liquefied Petroleum Gas (LPG) price by Php1.10 per kilogram (kg) effective August 1. With the rollback,…

RCBC exec optimistic for a Php75-80-B AUM for Wealth Management Group for 2015

MANILA, July 31 (PNA) — The strong expansion of the Philippine economy made an official of the Rizal Commercial Banking Corporation (RCBC) optimistic that they will hit their 16 percent…

Domestic liquidity sustains growth in June

MANILA, July 31 (PNA) — Preliminary data show that domestic liquidity (M3) grew by 9.0 percent year-on-year in June 2015 to reach Php7.7 trillion. This was slightly slower than the…

(News Feature) IC chief eyes 3% insurance penetration rate for PHL in ‘19

By Joann Santiago MANILA, July 31 (PNA) — Insurance products were previously only for the rich due to several factors like expensive premiums and peoples’ little knowledge on these products….

94 families in remote Davao Occidental town benefit from electrification project

DIGOS CITY, July 31 (PNA) — At least 94 families living in five sitios in Barangay Dalupan in Don Marcelino, Davao Occidental, recently benefited from an electrification project in the…

Concerned citizens lobby for construction of a flood dike in CDO

CAGAYAN DE ORO, July 31 (PNA) – Two concerned persons have been lobbying for the construction of a dike along the Iponan River in six months now. Dr. Reuben Daba…

PRO 7 downplays fire at Mactan airport

CEBU CITY, July 31 (PNA) — The Police Regional Office (PRO)- Region 7 has downplayed the fire which hit the Mactan Cebu International Airport (MCIA) Thursday afternoon. Chief Superintendent Prudencio…

ITCZ-triggered rains inundate low-lying areas in North Cotabato

COTABATO CITY, July 31 (PNA) — The torrential rains that hit North Cotabato spawned by inter-tropical convergence zone (ITCZ) affecting Mindanao have submerged low-lying villages in the town of Tulunan…

MTRCB holds info drive in Iloilo

ILOILO CITY, July 31 (PNA) -– The Movie and Television Review and Classification Board (MTRCB) visited Iloilo Thursday as part of its intensified information dissemination effort to explain the guidelines…

Barangay officials hopeful of PEI

DUMAGUETE CITY, July 31 (PNA) — Barangay officials may also be granted the Productivity Enhancement Incentives (PEI) as mandated by Executive Order (EO) 181 of the president, provided it is…

‘Yolanda’-hit town mayor supports Roxas’ presidential bid

TACLOBAN CITY, July 31 (PNA) -– The mayor of the town where super typhoon “Yolanda” made its first landfall has announced his support to the presidential bid of Department of…

Dagupan police launches Project IMPACT

DAGUPAN CITY, July 31 (PNA) — The project Intensified Mobile Patrolling to Arrest Crime Trends (IMPACT) was launched in Dagupan to further deter crimes and make the city a lot…

ITCZ to bring rains over Visayas, Mindanao

MANILA, July 31 (PNA) — Most parts of Visayas and Mindanao will experience cloudy skies with light to moderate rains on Friday due to Intertropical Convergence Zone (ITCZ) affecting these…

Families of soldiers killed-in-action to get new homes

By Priam F. Nepomuceno MANILA, July 31 (PNA) — To honor the sacrifices they made in defending the motherland, families of soldiers who have fallen in battle will soon BE…