THE Philippine Drug Enforcement Agency (PDEA) filed a criminal complaint before the Department of Justice against a Chinese national and 16 others for the importation of P1.8 billion-worth of shabu discovered last March at the Manila International Container Port (MICP).
THE Philippines will not stand a chance in a war with China, President Rodrigo R. Duterte reiterated anew, but this time before an audience of Japanese businessmen on Friday.
LOCAL EQUITIES ended the month up for the fourth straight trading day and marked the second weekly climb, buoyed by foreign buying that pushed the main index closer to the 8,000 mark last seen on May 2.
THE PHILIPPINES and Japan are looking at the possibility of setting up a peso-yen direct trading framework in a bid to encourage wider use of both currencies and deepen bilateral ties.
GLOBAL DEBT WATCHER Fitch Ratings, Inc. on Thursday affirmed the Philippines’ long-term foreign-currency issuer default rating at “BBB” — still a notch above minimum investment grade — with a “stable” outlook, meaning the rating is likely to be sustained in up to two years, but further slashed its gross domestic product (GDP) projection for the country.
THE Commission on Elections (Comelec) will review its procedures in awarding contracts to election technology providers, following President Rodrigo R. Duterte’s remarks Thursday night against Smartmatic.
A RESOLUTION will be circulated among senators to gauge support for Senate President Vicente C. Sotto III’s continuing leadership in the chamber in the 18th Congress, Senator Panfilo M. Lacson said Friday.
DUTCH EWOLD Horn, a birdwatcher who was kidnapped by the Abu Sayyaf in 2012, was killed Friday morning by his captors in Patikul, Sulu, as he tried to escape amid the week-long intense offensive launched by the military against the bandit group, the Western Mindanao Command (WestMinCom) reported.
PRESIDENT Rodigo R. Duterte signed an executive order (EO) authorizing the Philippine National Oil Co.-Exploration Corp. (PNOC EC) to take in equity participants for service contracts it acquired in its own name.
THE Information Technology and Business Process Association of the Philippines (IBPAP) said revenues picked up pace in 2018, but failed to reach its targets under the current industry road map.