News Articles
Oil prices fall on ceasefire hopes in Gaza
April 29, 2024, 10:25 pm
ANKARA – Oil prices decreased on Monday amid ceasefire hopes in the Middle East and growing uncertainties over the timing of the US Federal Reserve's (Fed) interest rate cuts. International benchmark Brent crude traded at USD87.45 per barrel at 10.45 a.m. local time (0745 GMT), a 0.86 percent… Read More
PBBM feted for efforts to boost intellectual property protection
April 29, 2024, 10:20 pm
MANILA – The Intellectual Property Office of the Philippines (IPOPHL) on Monday feted President Ferdinand R. Marcos Jr. for his efforts in promoting innovation and advancing intellectual property protection. Executive Secretary Lucas Bersamin received the First IP Champion Award on behalf of the… Read More
Japanese yen drops to new low of 160 vs. dollar, 1st time since 1990
April 29, 2024, 10:10 pm
ISTANBUL – The Japanese government might have intervened to halt yen’s slide as the country’s currency Monday dropped to a new low of 160 against the dollar, the first time since 1990, Kyodo News reported. The yen dropped to a 34-year low in Singapore but quickly recovered to 155 amid… Read More
PH shares surge on bargain hunting, peso on sideways
April 29, 2024, 9:46 pm
MANILA – Bargain hunters supported the local bourse during the week’s opening, while the peso closed sideways. Now on its sixth-day rally, the Philippine Stock Exchange index (PSEi) rose 140.89 points, or 2.12 percent, to 6,769.64, with All Shares also increasing by 1.45 percent to 3,543.28… Read More
Conventional power plants dependable amid surge in demand: MVP
April 29, 2024, 9:40 pm
MANILA – Manila Electric Company (Meralco) chairman and chief executive officer Manuel V. Pangilinan said conventional power plants remain the dependable sources of power, especially as electricity demand surges due to higher temperature caused by El Niño. In a media briefing at Meralco’s… Read More
Marcos confident military can secure historic Bangsamoro polls
April 29, 2024, 9:33 pm
MANILA – President Ferdinand R. Marcos Jr. on Monday expressed optimism that the Armed Forces of the Philippines (AFP) can secure peace and order for the May 2025 Bangsamoro parliamentary elections. In his visit to the 6th Infantry Division in Datu Odin Sinsuat, Maguindanao, Marcos said the… Read More
Gov’t closely monitoring power woes
April 29, 2024, 9:22 pm
MANILA – President Ferdinand R. Marcos Jr. on Monday said he has instructed concerned government agencies to closely monitor the power situation amid the successive red and yellow alerts of power grids. Marcos said the power supply problems in the country is not artificial, noting that power… Read More
MIC inks partnerships for infra, energy development
April 29, 2024, 9:18 pm
MANILA – The Maharlika Investment Corporation (MIC) on Monday signed two agreements to explore possible investment opportunities in infrastructure and the energy sector. The Memorandum of Understanding (MOU) signed with the Bases Conversion and Development Authority (BCDA) focuses on exploring… Read More
Senate ready to approve 20 priority bills before sine die
April 29, 2024, 9:18 pm
MANILA – Senators are optimistic they will be able to pass 20 priority bills listed under the Common Legislative Agenda of the Legislative Executive Development Advisory Council (CLA-LEDAC) with only 11 session days before the Second Regular Session of the 19th Congress ends on May 24, 2024. In… Read More
Perennial airport woes to undergo Senate scrutiny
April 29, 2024, 9:14 pm
MANILA – Recent reports of malfunctioning air-conditioning and other concerns in the facilities of the Ninoy Aquino International Airport (NAIA) and other airports in the country are set to be looked into by the Senate. In a press briefing in Monday, Senate President Juan Miguel Zubiri said he… Read More
Iloilo City eyes lifting of state of calamity due to pertussis
April 29, 2024, 8:52 pm
ILOILO CITY – The City Health Office (CHO) will recommend the lifting of the state of calamity caused by the pertussis outbreak if no new probable cases are recorded in the next two weeks. “If you have noticed, for the past two weeks, we have had no new probable cases. We have positive but it… Read More
Transport group head says strike lacks support from operators, drivers
April 29, 2024, 8:47 pm Updated on April 29, 2024, 8:52 pm
MANILA – The vast majority of public utility vehicle (PUV) operators and drivers want no part in the transport strike being orchestrated by Piston and Manibela. The two major groups remain steadfast in their refusal to accept the government’s modernization program for jeepneys. In an interview… Read More
Watch out for heat-related symptoms, heat indices categories
April 29, 2024, 8:45 pm
MANILA – The weather bureau on Monday cautioned the public against heat-related symptoms and the dangers of heat indices categories. This, after the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said high temperatures will continue over parts of the… Read More
Senate honors promoters of Filipino cultural heritage
April 29, 2024, 8:39 pm
MANILA – The Senate on Monday honored the 26 recipients of the 16th Ani ng Dangal Awards (ADA) and the nine Gawad sa Manlilikha ng Bayan (GAMABA) awardees for representing the Philippines in the global artistic scene and their contributions to Philippine cultural heritage, respectively. In her… Read More
PBBM assures Mindanao: No area will be left behind in infra program
April 29, 2024, 8:39 pm
MANILA – President Ferdinand R. Marcos Jr. assured Mindanaoans that no area will be left behind in the administration’s “Build, Better, More” infrastructure program, noting that key infrastructure projects will also reach the rural areas. This as Marcos inaugurated on Monday the over… Read More
PNP: Cebu teen killed by accidental firing of bro's gun
April 29, 2024, 8:36 pm
MANILA – The 14-year-old girl who was first reported to have been gunned down by an intruder in Cebu province was a victim of accidental firing, the Philippine National Police (PNP) clarified on Monday. “Ang totoo po aksidente po itong namatay dahil ‘yung isang kapatid po niya ay nalaglag po… Read More
House vows unyielding fight vs. hoarders, profiteers
April 29, 2024, 8:09 pm
MANILA – Speaker Ferdinand Martin G. Romualdez on Monday reaffirmed the House of Representatives’ commitment to fight hoarding, profiteering and smuggling of agricultural products, making it a top priority of the chamber. “Tuloy ang laban natin kontra sa mga hoarders, profiteers, at… Read More
Additional Shari'a judicial districts, circuit courts get Senate nod
April 29, 2024, 7:53 pm
MANILA – Senators unanimously approved on Monday Senate Bill (SB) No. 2594 which seeks to create three more Shari'a Judicial Districts and 12 Shari'a Circuit Courts in the country. Senate President Juan Miguel Zubiri said the measure is a product of his discussion with Chief Justice Alexander… Read More
Comelec eyes 3-month demo for new poll machines
April 29, 2024, 7:42 pm
MANILA – The Commission on Elections (Comelec) is looking to hold a three-month demonstration of the automated counting machines (ACM) to be used in the 2025 midterm elections to familiarize voters. In an interview Monday, Comelec spokesperson John Rex Laudiangco said the demonstration in… Read More
INEC eyes P3-B distribution system upgrade to reduce power outages
April 29, 2024, 7:30 pm
LAOAG CITY – The Ilocos Norte Electric Cooperative (INEC) on Monday announced a five-year plan to upgrade its distribution system to solve perennial power outages in the province, which is expected to cost around PHP3 billion. The average daily electricity demand of the cooperative’s 183,000… Read More
