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Peso, stocks up as investors turn more bullish on the low-interest rate regime

By Joann Santiago MANILA, Aug 26 (PNA) — Uncertainty on when the Federal Reserve will hike its key rates buoyed the Philippine peso and the local bourse Tuesday, a late…

Bacman Geothermal Project Unit 2 operational by October

By Juzel L. Danganan MANILA, Aug. 26 (PNA) — Energy Development Corporation’s (EDC) Bacman Unit 2 is projected to be fully operational by October 2014, after its “permanent fix” due…

City council approves hike in real properties by 30%

ILOILO CITY, Aug. 26 (PNA) –- The city council here had approved en toto on Tuesday the proposed increase in the assessment levels of real properties slated to take effect…

Tacloban City’s executive and legislative offices complement efforts to help Yolanda survivors

TACLOBAN CITY, Aug. 26 (PNA) — The executive and legislative branches of the city government here are one in ensuring that their constituents affected by super typhoon Yolanda are being…

Christian church to extend livelihood projects to ‘Yolanda’ victims

TACLOBAN CITY, Aug. 26 (PNA) -– The Harvest Evangelical Free Church will implement various livelihood programs in this city to help super typhoon “Yolanda” (Haiyan) victims rebuild their shattered lives….

Flash floods displace 200 families in Sarangani

By Allen Estabillo GENERAL SANTOS CITY, Aug. 26 (PNA) — Around 200 families in the coastal municipalities of Kiamba and Maasim in Sarangani Province were displaced as flash floods ravaged…

Gov. Defensor thanks President Aquino for approving P17.3-B ‘Yolanda’ rehab plan

By Annabel J. Petinglay ILOILO CITY, Aug. 26 (PNA) — Iloilo Governor Arthur Defensor, Sr. during his state of the province address (SOPA) delivered before the Iloilo provincial board members,…

4 major dams in Luzon still below levels despite rains — PAGASA

MANILA, Aug. 26 (PNA) — Despite continues rains due to the low pressure area (LPA) and thunderstorms, the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) said on Tuesday that…

Defense, health departments sign MOA revitalizing VHP

MANILA, Aug. 26 (PNA) — In a bid to provide quality health care to Filipino veterans and their families, the Defense and Health Departments on Tuesday signed a memorandum of…

AFP to deploy Marines in coastal areas

MANILA, Aug. 26 (PNA) — The Armed Forces of the Philippines (AFP) will be deploying Marine units in the priority coasts of the country. This is in-line with the military…

(Update) LPA continues to dump rains over Luzon until Wednesday –PAGASA

MANILA, Aug. 26 (PNA) — The low pressure area (LPA) hovering off Quezon province will continue to dump rains in most parts of Luzon in the next 24 hours, the…

Manila, Pasay suspend classes due to heavy rains

MANILA , (PNA) — The cities of Manila and Pasay have suspended classes due to continuous rains since Monday. Manila City mayor Joseph Estrada announced on Tuesday the cancellation of…

Ukrainian President dissolves parliament, announces early elections

KIEV, (PNA/ITAR-TASS) – Ukrainian President Pyotr Poroshenko on Monday dissolved the Verkhovna Rada (parliament) and announced early legislative elections. The president dissolved the Rada “as this is the only correct…

Ebola outbreak ‘complicated’: WHO

FREETOWN, (PNA/Xinhua) — The UN Ebola Response Coordinator, who is leading a UN delegation to West Africa said Monday that the Ebola outbreak in the West African region is “complicated…

BOC to auction Php 300-M worth of white and glutinous rice

MANILA, Aug. 25 (PNA) — The Bureau of Customs (BOC) has announced it will be holding a public auction through sealed bidding of white rice and glutinous rice worth more…