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Air Asia makes Kalibo International Airport its secondary hub

KALIBO, Aklan, March 31 (PNA)– Air Asia has expressed its commitment to make the Kalibo International Airport (KIA) its secondary hub for international flights. In a letter dated March 25,…

Baguio tourism goes high tech

BAGUIO CITY, March 31 (PNA) –- The city government of Baguio and SMART Incorporated in cooperation with Innopub launched the first digital tourism markers in Luzon. By scanning the bar…

PHL stocks extend rally on strong economic data

MANILA, March 31 PNA) –- Local share prices extended their rally to a second day on Monday on recent euphoria aided by strong economic data. The benchmark Philippine stock exchange…

Profit-taking lifts peso vs U.S. dollar

MANILA, March 31 (PNA) — The peso closed sideways to a dollar Monday on profit-taking due mainly to strengthening of regional bourses. It closed P0.06 better after finishing at 44.81…

Asia Pacific-based American CEOs urged to invest in PHL as economy improves

MANILA, March 31 (PNA) — American chief executive officers in Asia Pacific region were urged to invest in the Philippines as the country enhances its business environment and continues to…

4 protected areas in Central Luzon proposed to be included in the ASEAN heritage list

CITY OF SAN FERNANDO, Pampanga, March 31 (PNA) — Four of the 35 protected areas in Central Luzon are being proposed to be included in the list of Association of…

DENR spells out work plan for Iloilo River

By Lydia C. Pendon ILOILO CITY,Mar. 31 (PNA) – The Department of Environment and Natural Resources (DENR) has formulated a comprehensive work plan for the rehabilitation of the Iloilo River…

Castelo lauds gov’t move to resume peace talks with the left

MANILA, March 31 (PNA) — Quezon City Rep. Winston Castelo on Monday praised the determination and willingness of the Aquino administration to resume negotiations for a political settlement with the…

SC clarifies 2012 ruling on Marcos ill-gotten wealth case still on its website

MANILA, March 31 (PNA) — The Supreme Court (SC) on Monday clarified that the decision on the Marcos ill-gotten wealth case is still posted on its website. The decision was…

US Reaffirms Support for PHL arbitration

MANILA, March 31 (PNA) — The United States has renewed its support to the Philippines’ move to bring its territorial disputes with China before an international tribunal, calling it a…

Gov’t-MILF peace agreement positive for PHL economy – Moody’s

By Joann Santiago MANILA, March 31 (PNA) — Moody’s Investors Service has dubbed as “credit positive” last week’s signing of the Comprehensive Agreement on the Bangsamoro (CAB) between the Government…

PHL gov’t seeks to defend interests, not provoke –President Aquino

MANILA, March 31 (PNA) — President Benigno S. Aquino III said on Monday the Philippines’ filing of a memorial or written argument with the United Nations arbitration court is meant…

Tagum Coop maintains strong financial performance despite ‘Pablo’

DAVAO CITY, Mar 28 (PNA) –Tagum Cooperative has proven its resiliency as it achieved a net surplus growth of 19 percent from P168 million in 2012 to P200.7 million in…

Gov. Emano hails signing of Bangsamoro peace pact

MISAMIS ORIENTAL, March 28 (PNA) -– Provincial Governor Yevgeny Vincente B. Emano on Friday hailed the signing of the Bangsamoro peace accord with the national government as “the new dawn…

UNDP experts to assist Tacloban local gov’t

TACLOBAN CITY, March 28 (PNA) — The United Nations Development Programme (UNDP) will be sending technical experts to assist the city government here in rehabilitation and recovery efforts. In his…