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Updated: 1 hour 10 min ago

‘Now is perfect time to invest in Phl’

5 hours 55 min ago

Mall and banking conglomerate SM Investments Corp. (SMIC) is encouraging foreign investors to put their money in the Philippines, saying now is the perfect time to invest in the country. With our current President, we have had a remarkable improvement in governance,” SMIC vice chair Teresita Sy-Coson told the 14th Global CEO Conference in Singapore. Coson said the Philippines has a young population, between the ages of 21 to 35, with a huge earning capacity and a large overseas Filipino working base that consistently remit earnings to their families and in turn help the country’s economy.

New troops deployed in West Phl Sea

5 hours 55 min ago

Fresh troops have been deployed to military outposts in the West Philippine Sea except Ayungin Shoal, which is guarded by a detachment of Marines stationed on a grounded WWII-era transport vessel. Wescom commander Vice Admiral Alexander Lopez, together with Naval Forces West (Navforwest) Commander Commodore Natalio Abinuman and 3rd Marine Brigade Commander Brig. Gen. Armando Banez, welcomed the other day the soldiers who had completed a three-month duty in the seven islets and a reef included in the country’s regime of islands in the West Philippine Sea. “The troops who were deployed in seven islets and a reef in the Kalayaan Island Group (KIG) have been rotated,” Marine Battalion Landing Team-12 commander Lt. Col. Rodel Martires said.

Flavier’s remains in UP till Monday

5 hours 55 min ago
The remains of former senator and health secretary Juan Flavier will lie in state at the Church of the Risen Lord at the University of the Philippines campus in Diliman, Quezon City. Roby Alampay, Flavier’s son-in-law, said in a Facebook post yesterday that the public may pay their final respects until Monday afternoon. He was health secretary from 1992 to 1995 under the Ramos administration, and served in the Senate for two terms until 2008.

Firm linked to Bangayan charged with smuggling

5 hours 55 min ago
A company linked to alleged rice smuggler Davidson Bangayan, alias David Tan, was charged with smuggling yesterday before the Department of Justice for bringing in over 5,400 metric tons of rice from Thailand worth P217 million. The Bureau of Customs (BOC) filed a smuggling case against Intercontinental Grains International Trading Inc. The BOC lodged two separate complaints against the firm’s proprietor Edgar Salvador;

Let’s remember the saints, too – Tagle

5 hours 55 min ago
Manila Archbishop Luis Antonio Cardinal Tagle urged the Catholic faithful to pray to the saints today. Tagle said the public should remember that Nov. 1 is All Saints’ Day and it is intended to remember and pray for the saints. “The Catholic Church is not against having enjoyment, but let us put it at its proper place.

Pasay court stops integrated terminal fee for OFWs

5 hours 55 min ago
The Pasay City Regional Trial Court (RTC) yesterday ordered the Department of Transportation and Communication (DOTC) and the Manila International Airport Authority (MIAA) to stop implementing the integrated airport terminal fee. Pasay RTC branch 109 judge Tingaraan Guiling issued a 20-day temporary restraining order on the petition of a group of overseas Filipino workers (OFWs) against Memorandum Circular 08 (MC-08).

DILG launches centralized alert system for disasters

5 hours 55 min ago

Mayors and their constituents will be guided step by step before, during and after a disaster strikes. The Department of the Interior and Local Government (DILG) yesterday launched CHARLIE, a centralized alert system that uses local response strategies for better disaster risk reduction and management (DRRM). “Let’s make disaster preparedness more understandable,” said DILG Secretary Manuel Roxas II during the CHARLIE soft launch.

‘Probe PNP chief for graft’

5 hours 55 min ago
Senate: Look into SALN For receiving donations for his official residence and a huge discount for a Toyota Land Cruiser, the Senate has asked the Office of the Ombudsman to determine if Philippine National Police (PNP) chief Director General Alan Purisima should face graft and corruption charges. The Senate committee on public order and dangerous drugs chaired by Sen. Grace Poe also cast doubt on the integrity of the PNP chief, who enjoys the support of President Aquino despite being embroiled in various controversies recently.

Palace: Probe will allow Purisima to give side

5 hours 55 min ago
Despite the conclusions of a Senate panel that questioned the integrity of the chief of the Philippine National Police (PNP), Director General Alan Purisima appears secure in his position. Purisima was not available yesterday for comment. Malacañang said only that it respected the call of the Senate panel for the Office of the Ombudsman to determine Purisima’s liability for graft.

Phl to express gratitude on Yolanda anniversary

5 hours 55 min ago
The Philippines will not commemorate the first anniversary of the devastation of Super Typhoon Yolanda in Central Visayas on Nov. 8. Speaking at the 69th founding anniversary of the United Nations, Foreign Affairs Secretary Albert del Rosario said a grateful nation will instead express deep appreciation to the UN and the international community for their overwhelming solidarity in helping the Philippines in the aftermath of the most destructive typhoon in recent history. “From immediate humanitarian response and recovery, to the painstaking process of rehabilitation and reconstruction, your efforts have greatly contributed to helping the Philippines get back on its feet,” he said.

Tropical storm approaches Phl

5 hours 55 min ago

Tropical Storm Nuri was moving closer to the Philippines yesterday but the state weather bureau said it is not expected to directly affect any part of the country in the next two days. Nuri was forecast to enter the Philippine area of responsibility last night. It will be locally named Paeng once inside the Philippine area of responsibility.

Haunting tales abound in Phl

5 hours 55 min ago

For more than three decades, single mother Rosemary (not her real name), 45, has been suffering from dizziness, headaches, sleepless nights and body pains. Such stories are common in the Philippines. Cultural anthropologist Nestor Castro, a professor at the University of the Philippines in Diliman, explained that supernatural beliefs exist primarily so that people can have an explanation for things they do not understand.

Phl gets $300-M dev’t loan from WB

5 hours 55 min ago

The Philippines has obtained a $300-million loan from the World Bank intended to boost fiscal sustainability and governance transparency. Under the World Bank’s Third Development Policy Loan 3, the Philippines will receive support in strengthening priority public investment implementation, reducing the cost of doing business for job creation and poverty reduction, developing the human capital of the poor, promoting fiscal transparency and good governance, as well as consolidating fiscal sustainability through revenue mobilization and risk management. “DPL 3’s strong focus on fiscal sustainability, infrastructure, human capital and good governance enables the Philippines to boost our inclusive growth agenda as we reach the tail-end of this administration,” Finance Secretary Cesar Purisima said.

Paco Park: Where history lies with the dead

9 hours 30 min ago

Couples tying the knot at Paco Park think the place is a garden with its towering old trees and walled coziness of a park. One of Paco Park’s oldest residents is one Dorotea Mateo, who died on August 14, 1882. All of the grave markers or lapidas are in Spanish, a testament to a time when Spanish was once the Philippines’ official language until American colonial rule brought in English.

Ex- foreign secretary advice on PH-China relations: avoid harsh rhetoric

10 hours 13 min ago

Such was speech of former Foreign Secretary Roberto R. Romulo (Ramos administration) at the Manila Times Business Forum last Wednesday on Philippine –China relations which he described as “at a historic low.”

Asia stocks surge, yen dives on US data, Bank of Japan move

10 hours 17 min ago

Asian markets rallied Friday and the dollar pushed past 111 yen after Japan's central bank said it would expand its vast monetary easing scheme and the United States released forecast-busting economic growth data.

This Harvard graduate’s startup is making a difference in Philippine health care

10 hours 20 min ago

The pharmaceutical industry in the Philippines is beset with problems: it’s fragmented and prices are high. Farouk Meralli creates a startup addressing both.

SE Asia Stocks- Gain on Japan's monetary stimulus, inflows

10 hours 55 min ago
BANGKOK, Oct 31 (Reuters) - Southeast Asian stock markets rose on Friday as steps towards further monetary easing by the Bank of Japan lifted market sentiment. Bank stocks helped Singapore's benchmark ...

Young indigenous peoples get a taste of the modern and ethnic world

11 hours 4 min ago

BAGUIO CITY—In the age of social media, some of the country's indigenous peoples (IP) still live by their tradition while embracing modernity.

Philippines' rare dwarf buffalo charges against extinction

12 hours 16 min ago

The population of the Philippines' dwarf buffalo, one of the world's rarest animals, has grown to its largest since efforts to save them from extinction began, conservationists said Friday.