QUEZON City, Philippines – The Department of Energy assured the public that there is an ample power supply in face of the impending maintenance shutdown of the Malampaya natural gas facility. The maintenance shutdown will start on January 20 and will last until February 16. According to Energy Secretary Alfonso Cusi, the maintenance shutdown should not directly affect the electricity supply and that the DOE has laid down preparations in order to protect the consumers […]
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BSP expects higher inflation rate in 2017-2018
QUEZON City, Philippines – The Bangko Sentral ng Pilipinas forecasts an increase of 3.3% in the inflation rate in 2017 and an increase of 3% in the inflation rate in 2018. The higher inflation rate is due to the oil price hike in the world market.
Unemployment rate drops this year
QUEZON City, Philippines – Due to the continuous economic growth experienced by the Philippines, the country’s unemployment rate drops to 5.5% compared to last year’s 6.3%. https://youtu.be/72FpyRwZik0
Updated: Hijackers of Libyan plane surrender in Malta
by Matthew Xuereb Agence France Presse VALLETTA, Malta (AFP) –Two men used fake weapons Friday to hijack a Libyan plane with 117 people on board and divert it to Malta, before releasing everyone and surrendering, officials said. The Afriqiyah Airways Airbus A320 was en route from Sabha in southern Libya to the capital Tripoli when it was taken over and forced to fly to Malta, sparking a four-hour runway standoff. While they were initially […]
Man waves Gaddafi-era flag from hijacked Libyan plane in Malta
(Reuters) — A man exited the hijacked Afriqiyah Airways plane in Malta on Friday (December 23) to wave a green flag similar to those used by supporters of toppled Libyan dictator Muammar Gaddafi before reentering the aircraft. One of the men who hijacked a Libyan internal flight and diverted it to Malta told Libyan TV on Friday that he was the head of a party supporting the late Gaddafi. The man, who gave his […]
Passengers released from hijacked Libyan plane: PM
by Matthew Xuereb Agence France Presse VALLETA, Malta (AFP) — Hijackers claiming to have a grenade took over a Libyan plane and diverted it to Malta Friday, before releasing almost all the passengers onboard, the prime minister of the Mediterranean island said. After more than an hour on the tarmac, the door of the Airbus A320 opened and a first group of women and children were seen descending a mobile staircase. Dozens more passengers […]
VACC files criminal complaints against Jack Lam
QUEZON City, Philippines – The group Volunteers Against Crime and Corruption filed criminal charges against online gambling tycoon Jack Lam at the Department of Justice. The VACC accused Lam of violating the 40% foreign ownership requirement in corporations in connection with Lam’s alleged ownership of Fort Ilocandia in Laoag, Ilocos Norte. https://youtu.be/1o4YLAngcj4
President Duterte is “most googled person” in the PHL, says TIME magazine
(Eagle News) – President Rodrigo Duterte has been named by TIME magazine as the “most googled person” in the Philippines this year. In its interactive map, Time described Mr. Duterte as “President of the Philippines known for waging a deadly war on drugs.” Time also named United States President-elect Donald Trump as the “top-trending person in 88 countries in 2016” based on the data that Google had provided to TIME. “People across the globe […]
China reiterates stance on nuclear ban after Trump calls for more US nuclear capabilities
BEIJING, China (Reuters) — China said on Friday (December 23) its government was paying attention to President-elect Donald Trump’s Twitter post where he called for an expansion of the United States’ nuclear capabilities. BEIJING, China (Reuters) — On Thursday (December 22) Trump tweeted that “The United States must greatly strengthen and expand its nuclear capability until such time as the world comes to its senses regarding nukes,” but gave no further details. It was not […]
Putin: Nobody believed Trump would win ‘except us’
MOSCOW, Russia (AFP) — Russia’s President Vladimir Putin said Friday that US President-elect Donald Trump accurately read the popular mood in the United States to win the election, although “nobody except us” believed in his success. The US president-elect “precisely felt the mood of the society and worked in that precise paradigm, he went to the end, though nobody believed that he would win except us,” Putin said while answering a state media journalist at […]
Hijacked Libyan plane headed for Malta: PM
VALLETTA, Libya (AFP) — Malta’s Prime Minister Joseph Muscat said Friday on Twitter he had been alerted to a “potential hijack” of a Libyan plane reported to be headed for the Mediterranean island. “Informed of potential hijack situation of a #Libya internal flight diverted to #Malta. Security and emergency operations standing by -JM,” the premier said in a post from his official account. Maltese government sources told AFP there were 118 people on board the […]
Taiwan folds away the flags as China guns for its allies
TAIPEI, Taiwan (Reuters) — In Taipei’s leafy Tienmu district, nearly half the flagpoles in front of the imposing pink building that houses most foreign embassies are bare, as Taiwan’s dwindling band of diplomatic friends jump ship to its giant neighbor. Another flag was taken down this week when tiny West African state Sao Tome and Principe severed ties with the self-ruled island. Taiwan had as many as 30 diplomatic allies in the mid-1990s, but now […]





