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NegOcc town recipient of 4.6-hectare lot donation for teachers’ village

BACOLOD CITY, July 22 (PNA) –- The Municipality of Murcia in Negros Occidental received a 4.6-hectare lot donation from the Cuadra family that will be used as the site of…

Baguio Busol watershed survey nears complettion

BAGUIO CITY, July 22 (PNA) – The Department of Environment and Natural Resources (DENR) is now in the process of completing the survey needed to plot the perimeter fence of…

Iloilo braces for growing mutual fund investments

By Lydia C. Pendon ILOILO CITY, July 22 (PNA)– This southern city is bracing for the entry of mutual fund investment opportunities as Sun Life Asset Management Company Inc. (SLAMCI)…

7-yr PHL T-bond rate rise

MANILA, July 22 (PNA) – – Average rate of the Philippines’ seven-year Treasury bond rose to 3.742 percent during an auction by the Bureau of the Treasury (BTr) Tuesday. This…

Moody’s sees stable credit outlook for Asia Pacific; PHL to be insulated from projected China slowdown

By Joann Santiago MANILA, July 22 (PNA) – – Moody’s Investors Service sees the Philippines being insulated in the possible cooling of the Chinese economy. The Philippines, which is among…

Metrobank commences offer period for BASEL 3 Tier 2 notes

MANILA, July 22 (PNA) – – Ty-led Metropolitan Banking Corporation (Metrobank) started Tuesday the offering of its new series BASEL 3-compliant Tier 2 notes. In a disclosure with the Philippine…

Opposition not supporting any impeachment — Senator Ejercito

By Jelly F. Musico MANILA, July 22 (PNA) — Senator Joseph Victor Ejercito on Tuesday said the opposition remains consistent with its stand not to support any move to impeach…

Government might consider proposal for Bataan Nuclear Power Plant conversion, Palace says

MANILA, July 22 (PNA) — The government will look into proposals to convert the Bataan Nuclear Power Plant (BNPP) into a natural gas-powered facility to ease the country’s growing demand…

Comelec wants postponement of SK polls until 2016

By Ferdinand G. Patino MANILA, July 22 (PNA) — The Commission on Elections (Comelec) wants the holding of the Sangguniang Kabataan (SK) polls to be postponed and synchronized with the…

DAP supports reform programs in ARMM, PHL peace process

MANILA, July 22 (PNA) — The regional government has undertaken significant reforms and development initiatives in the Autonomous Region in Muslim Mindanao (ARMM), including ensuring quality road infrastructures in the…

PNP to deploy 10,000 cops under Super Task-Force “Kapayapaan” for SONA 2014

By Christopher Lloyd T. Caliwan MANILA, July 22 (PNA) — To ensure peace and order and safety during the fifth State of the Nation Address (SONA) of President Benigno S….

DOST needs more scientists, supercomputers to further upgrade Project NOAH

By Juzel Danganan and Juan Paulo Gutierrez MANILA, July 22 (PNA) — The Department of Science and Technology (DOST) needs more scientists and enhanced technology to further upgrade Project NOAH…

BOI reports surge in inquiries for retirement homes investors in Cebu, PHL

CEBU CITY, July 21 (PNA) — The Board of Investments (BOI) has reported a surge of inquiries from investors wanting to set up integrated retirement facilities in Cebu and in…

BOC revenues grow 17.5% in June 2014

By Ferdinand G. Patino MANILA, July 21 (PNA) — The Bureau of Customs (BOC) has collected P27.33 billion for the month of June 2014, up by 17.5% compared to the…

Shell, Petron, Chevron and PTT Philippines to rollback gas prices by 30-35 centavos per liter

MANILA, July 21 (PNA) — Pilipinas Shell Petroleum Corporation (PSPC), Petron Corporation, Chevron Philippines Incorporated (CPI) and PTT Philippines will implement a rollback on their gasoline prices by 30 to…