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Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
Philippine volcano erupts, spews plume into the air
MANILA, June 3 (Xinhua) -- The Kanlaon volcano in central Philippines erupted on Monday, spewing a plume that rose to 5,000 meters, the Philippine Institute of Volcanology and Seismology said. "An ongoing eruption at Kanlaon volcano producing a 5,000-meter plume. Details to follow," the institute said in an advisory posted on social media around 7 p.m. local time. Alert Level 1, which means a low level of.....»»
Philippine volcano erupts, spews plume into the air
MANILA, June 3 (Xinhua) -- The Kanlaon volcano in central Philippines erupted on Monday, spewing a plume that rose to 5,000 meters, the Philippine Institute of Volcanology and Seismology said. "An ongoing eruption at Kanlaon volcano producing a 5,000-meter plume. Details to follow," the institute said in an advisory posted on social media around 7 p.m. local time. Alert Level 1, which means a low level of.....»»
House to probe farmgate, retail prices gap
he House of Representatives will conduct an inquiry into the spiraling cost of basic commodities amid low farmgate prices when session resumes on April 29......»»
D& L cements lead in plastic upcycling technologies
D&L Industries Inc. has cemented its position as the first and only company in the Philippines to offer technologies that bring new life into plastics that are considered as low value or non-recyclable, such as single-use plastics......»»
Strong start sends Madelene Sagstrom into 3-way tie in Thailand
(Photo credit: Bob Frid-USA TODAY Sports) Madelene Sagstrom and Patty Tavatanakit each shot a 5-under-par 67 on Friday to move into a three-way tie for first place after the second round of the Honda LPGA Thailand in Chonburi. Sagstrom and Tavatanakit joined former Women's PGA Championship winner Sei Young Kim (68 on Friday) atop the leaderboard at 10-under amid steamy conditions on the Siam Country Club Old Course. Sag.....»»
Strong Residential Sales, Mall and Hotel Revenues Boost Megaworld’s Q1 Profit
Property giant Megaworld, the country’s leading township developer, saw its net income climb to P5.0-billion during the first quarter of 2024, a significant 10% increase from the same period last year. Net income attributable to shareholders of the parent company stood at P4.4-billion, marking an 8% growth year- on-year. Consolidated revenues grew by 16% to […].....»»
Vietnam s Q1 rice export up 42 pct in value
HANOI, April 10 (Xinhua) -- Vietnam exported over 2.1 million tons of rice, up 42 percent year-on-year in value, in the first quarter of this year, VnExpress reported Wednesday, citing the Ministry of Agriculture and Rural Development. The country earned 1.4 billion U.S. dollars from exporting rice during the cited period, said the report. The Philippines was the biggest importer of Vietnamese rice, accou.....»»
Dingdong Dantes, Alden Richards inject new energy, ideas into 50-year-old MOWELFUND
The presence of Dingdong Dantes and Alden Richards as new board members has injected new life and energy into the 50-year-old Movie Workers Welfare Foundation, Inc......»»
Marcos Jr. signs law dividing Caloocan barangay into six
President Marcos has signed into law a measure dividing Barangay 176, also known as Bagong Silang, in Caloocan City into six separate and independent barangays......»»
Van plows into house in Philippines, killing 1, injuring 4
MANILA, March 15 (Xinhua) -- A delivery van plowed into a house along a highway in Quezon province of the Philippines, southeast of Manila, on Friday morning, killing the driver and injuring four others, police said. Police said the freight forwarder closed van truck was traveling to Unisan town from Manila when it crashed into a roadside house around 6 a.m. local time, killing the driver on the spot. A r.....»»
Rama promises to transform Cebu City into a ‘Super City’ by 2031
CEBU CITY, Philippines – Mayor Michael Rama has made another promise to the Cebuanos, and that is to transform Cebu City into a ‘Super City’ by 2031. At the same time, Rama also made a commitment to transform all of the 80 barangays into “city-like barangays” by then. Rama’s ‘Super City’ vision was the highlight.....»»
Urgent: Truck plunges into cliff in central Philippines, killing 14
MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»
Urgent: Truck plunges into cliff in central Philippines, killing 14
MANILA, Feb. 21 (Xinhua) -- At least 14 people were killed and three others critically injured after a truck fell into a cliff in Negros Oriental province in central Philippines on Wednesday. Police said the truck was traveling along a highway when the driver lost control of the vehicle in Mabinay town, causing it to overturn and roll into a ravine at around 1:30 p.m. local time. The upside-down truck pin.....»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
Market in the red for second day
The stock market yesterday extended its losing streak for a second straight day as investors wait for direction on how domestic and global inflation will tread for the rest of the year......»»
‘Economy may grow above 6% in Q2’
The Philippine economy may grow to above six percent in the second quarter mainly due to base effects and improved government spending, according to British banking giant HSBC......»»
Onion prices may drop on bumper harvest
Onion prices are expected to remain stable or to even decline as the government forecasts another record harvest of bulbs in the second quarter, bringing nationwide supply to comfortable level......»»
Motor vehicle output up 7.7 percent in Q1
Motor vehicle output in the Philippines went up by 7.7 percent in the first quarter, making the country the second fastest growing market for vehicle production in Southeast Asia......»»
NBA Playoffs: Thunder sweep Pelicans to advance
The Oklahoma City Thunder sealed a 4-0 series sweep of the New Orleans Pelicans to book their place in the NBA playoffs second round. The Western Conference top seed Oklahoma City finally got the better of New Orleans with a late scoring burst in the fourth quarter to complete a 97-89 road victory in Louisiana......»»