Featured News

Palace backs legal processes for $81-million Bangladesh bank heist

(Eagle News) — Malacanang said it would back all legal processes that aim to ensure the integrity of banking transactions in the Philippines, amid the investigation for the cyber theft of US$81 million from the central bank of Bangladesh. In a statement, Communications Secretary Herminio Coloma said that “the government supports all legal processes that are observed to ensure the integrity of all banking and financial transactions in the Philippines.” “The Anti-Money Laundering Council has […]

Indonesia to pay Php 50M ransom to Abu Sayyaf Group

QUEZON City, Philippines – The company of the ten Indonesian sailors abducted by the Abu Sayyaf Group will pay a Php 50 million ransom in exchange for their freedom. According to the Indonesian Coordinating Minister for Political and Security Affairs, the company and the ASG faction have already agreed on the price and are now just finalizing the details regarding the delivery of the money to said ASG faction. The 10 Indonesian sailors were abducted […]

Bangladesh identifies 20 suspects in the attack on its central bank

QUEZON City, Philippines – With the help of the Federal Bureau of Investigation, the Criminal Investigation Department of the Bangladesh police was able to identify 12 Filipinos and 8 Sri Lankans as suspects for the theft of the $100 million from the Bangladesh Central Bank. Said suspects are those that were paid to facilitate the theft and not the actual hackers. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded […]

Sen. Marcos, first among VP candidates in 2014 SALN

QUEZON City, Philippines – Senator Bongbong Marcos is the richest vice-presidential candidate based on his Statement of Assets, Liabilities and Net Worth last 2014, with Php 201M net worth. Senator Antonio Trillanes IV is at last place with Php 22M net worth. Sen. Marcos is also at the first place in liabilities with Php 27.4M. Four of the VP candidates have business interests. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter […]

Sandiganbayan absolves Ex-PCGG Chair Sabio

QUEZON City, Philippines – The Fourth Division of the Sandiganbayan absolved former chairman of the Presidential Commission on Good Government Camilo Sabio from charges of malversation and graft. Said case came about due to the said commission’s non-spending of its 5 million-peso fund. The Anti-Graft Court held that the fund was not missing and that there was only a problem in the proper documentation during the investigation of the Commission on Audit. Sabio’s camp is […]

Philippines, Malaysia and Indonesia irons out joint maritime patrol

QUEZON City, Philippines – The Philippines, Malaysia and Indonesia are ironing out the details for the establishment of a joint maritime patrol in order to address the issue of kidnapping in the sea, in particular, the area around southern Philippines. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

No salary increase this Labor Day – DOLE

QUEZON City, Philippines – According to the Department of Labor and Employment, there will be no salary increase this Labor Day due to the long process that a petition for salary hike must undergo like notice of hearing and others, and such process may not be finished on or before May 1. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

DOLE’s nationwide job fair, all set on May 1

QUEZON City, Philippines – The Department of Labor and Employment is all set for its nationwide job fair to be held on Labor Day, May 1 in 44 locations all over the country. According to the DOLE, 1, 000 companies – 800 local and 200 overseas employees – will provide 200 job openings. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Dexter Magno, Uploaded by MRFaith Bonalos)

Panama president denies country is tax haven

TOKYO, Japan (AFP) — Panama has been “wrongly” labelled a tax haven, President Juan Carlos Varela said in an interview with a Japanese news agency, defending his country amid the global “Panama Papers” scandal. Panama is scrambling to avert redesignation as a tax haven that assists money laundering after the disclosure of the offshore dealings of many of the world’s wealthy, famous and infamous. They came to light when millions of documents covering nearly 40 […]

World’s nations urged to shift focus on drug problem

WASHINGTON, United States (AFP) — World governments at a UN meeting on the global drug problem were urged Tuesday to move away from repression, abolish the death penalty for drug offenses and step up treatment. In the first such meeting in nearly 20 years, the UN General Assembly adopted a document that marks a shift away from the “war on drugs” launched in the 1970s, with its heavy-handed approach centered on law enforcement and criminalization. […]

Coral bleaching hits 93% of Great Barrier Reef: scientists

by Madeleine COOREY SYDNEY, Australia (AFP) — Australia’s Great Barrier Reef is suffering its worst coral bleaching in recorded history with 93 percent of the World Heritage site affected, scientists said Wednesday as they revealed the phenomenon is also hitting the other side of the country. After extensive aerial and underwater surveys, researchers at James Cook University said only seven percent of the site had escaped the whitening triggered by warmer water temperatures. “We’ve never […]

Mona Lisa’s villa up for sale in Italy

One of Tuscany’s most famous villas is up for sale with its owners hoping to be smiling all the way to the bank thanks to its links to the Mona Lisa. The Villa Antinori was once owned by the family of silk merchant Francesco Del Giocondo, whose wife Lisa Gherardini is widely believed to have sat for Leonardo da Vinci’s world-famous portrait. Located in the hills outside Florence, “the villa is priced at over 10 […]