National

Aquino thanks EU, Spain for typhoon Haiyan assistance

President Benigno S. Aquino III conveyed his appreciation to the European Union for its assistance in the aftermath of Typhoon Haiyan (Yolanda).In his meeting with European Commission President José Manuel Barroso, President Aquino reiterated the “profound appreciation of the Filipino people for the solidarity that the European Union has demonstrated.”“The overwhelming humanitarian assistance of the European Union represents a great contribution to our national recovery and reconstruction efforts,” the President said during the joint press […]

Vice President Binay, asked to attend Senate probe

The Senate has invited Vice President Jejomar Binay to give details regarding the probe on the alleged over-pricing of the Makati parking building. In a letter dated September 11, Senator Koko Pimentel asked VP Binay to explain or give details regarding the overpriced building. Former Makati Vice Mayor Ernesto Mercado has repeatedly said that Binay received kickbacks on all the projects in Makati.

EU supports Bangsamoro Basic Law

European Commission President Manuel Barroso expressed his support on the peace process in Mindanao. Barroso expressed his support during his meeting with President Aquino in the European Commission headquarters in Belgium. EU will give 106 million euros or 6, 148, 000, 000 billion pesos for the development of Mindanao. Barroso also commended Aquino on the signing of the final peace agreement with the Moro Islamic Liberation Front as well as the creation of the draft […]

RORO death toll now at 8

The death toll on the sunken RORO vessel Maharlika II has now risen to 8. Authorities are expecting that there will be more casualties in the tragedy. This is because the number of passengers listed does not tally with the number of passengers rescued as well as the number of passengers missing. The Coast Guard said that overloading was not the reason why the vessel sank, adding that it has the capacity to carry 405. […]

Mayon Volcano on Alert Level 3

PHIVOLCS raised Mayon Volcano to Alert Level 3 as it continues to register volcanic activity. PHIVOLCS added that they recorded a rockfall event in the said volcano. Low-level volcanic earthquakes were also recorded, indicating volcanic gas activity. Due to the abnormalities shown by the volcano, PHIVOLCS raised the 6 kilometer-radius permanent danger zone as well as the 7 km-radius extended danger zone in the southeast part of the volcano due to threats of rockfall, landslide […]

Oil companies implemented price rollback

70 centavos per liter of diesel and 65 centavos per liter of kerosene were implemented by Shell, Petron, Phoenix and Seaoil. 25 centavos per liter of gasoline was implemented by Shell while Seaoil and Petron implemented a 30 centavos rollback per liter of gasoline. PTT Philippines implemented a 75 centavos rollback per liter of kerosene and 25 centavos per liter of gasoline. Other oil companies are expected to follow.

Aquino invites Spanish investors to do business in the Philippines

President Benigno S. Aquino III invited Spanish businessmen to invest in the Philippines, saying major achievements of his administration in the economic front and in the fight against corruption have prepared the country to be an investment haven in Asia.“As the Spanish economy shows encouraging signs of recovery, I believe that this is an opportune time to invite you to invest in a resurgent economy,” President Aquino told the Networking with the Philippine Business Delegation […]