MANILA, June 30 — Local share prices rallied near 7,800-mark on Wednesday as it tracked the upbeat global markets days after the British exit ‘Brexit’ vote and ahead of Duterte administration. The barometer Philippine Stock Exchange (PSE) zoomed 131.84 points or 1.72 percent to 7,798.53 from previous day’s 7,666.69 finish. “The local bourse soared in tandem with global marts as expectation for more stimuli sent investors running for bargain issues,” said RCBC Securities Inc. in a […]
Other News
President-elect Duterte’s inauguration manifests ‘real change’
MANILA, June 30 — The inauguration of the 16th President of the Republic of the Philippines, Rodrigo Roa Duterte is expected to be simple and manifests “real change”. The event is scheduled to start from 10:30 am and ends at around four in the afternoon at the the Rizal Hall of the Malacañang Palace. Mr. Duterte is set to prove to the Filipino people his campaign slogan of true reform in the country from the very […]
NBA: Durant, Wade, Duncan make first moves to future
WASHINGTON, United States (AFP) — NBA stars Kevin Durant, Dwyane Wade and Tim Duncan have made their first steps toward deciding where they will play next season, or in Duncan’s case if he will play at all. Oklahoma City forward Durant, set to play for the US Olympic squad in Rio in August, was expected to meet with the Thunder before becoming a free agent on Friday and he becomes eligible to meet with other […]
Duterte to be sworn in as Philippine president, launch crime war
by Cecil MORELLA MANILA, Philippines (AFP) — Authoritarian firebrand Rodrigo Duterte takes office as Philippine president Thursday, promising a ruthless and deeply controversial war on crime as the chief focus of his six-year term. His anti-crime programme includes plans to reintroduce the death penalty, issuing shoot-to-kill orders to the security services and offering them bounties for the bodies of drug dealers. He has also told ordinary Filipinos to kill suspected criminals. A lawyer who cut […]
Bongbong Marcos files poll protest a day before Robredo oath-taking
(Eagle News) — Sen. Ferdinand “Bongbong” Marcos Jr., on Wednesday filed his electoral protest case before the Supreme Court which serves as the Presidential Electoral Tribunal (PET), as he insisted that he was cheated in the vice-presidential race during the vote-counting for the May 9 polls. The strong rains on Wednesday afternoon did not hamper the filing of the case, when the Marcos camp submitted its 1,000-page petition asking the PET to set aside the […]
Profile of new Philippine President Rodrigo Duterte
Rodrigo “Rody” Roa Duterte, born on March 28, 1945, is to be inaugurated as the 16th President of the Philippines and is the first Philippine president to come from Mindanao. Known by the nickname Digong, Duterte is a Filipino lawyer and politician, and is among the longest-serving mayors in the Philippines. He decided to opt for a simple inauguration ceremony in Malacanang, instead of holding it in the Quirino grandstand, the site of many Philippine […]
Leni Robredo takes her oath as VP, vows to accomplish “many things” in 6 years
Vice-President Leni Robredo delivers her speech in Filipino after her oath-taking at the Quezon City Reception House. (Eagle News Service screengrab photo) (Eagle News) — Vice-President Leni-Robredo took her oath of office at the Quezon City Reception House at 9 a.m. on Thursday, June 30, and delivered her speech afterwards. This was the first time that a Vice-President had a separate inauguration from the Philippine president. President-elect Rodrigo Duterte will take his oath at 12 […]
Rodrigo “Rody” Duterte’s inauguration as 16th President of the Philippines
Rodrigo “Rody” Roa Duterte, born on March 28, 1945, is to be inaugurated as the 16th President of the Philippines and is the first Philippine president to come from Mindanao. Known by the nickname Digong, Duterte is a Filipino lawyer and politician, and is among the longest-serving mayors in the Philippines. He decided to opt for a simple inauguration ceremony in Malacanang, instead of holding it in the Quirino grandstand, the site of many Philippine […]
41 dead in Istanbul airport carnage blamed on IS
ISTANBUL, Turkey (AFP) by Katy Lee with Fulya Ozerkan in Ankara Turkey pointed the finger of blame at Islamic State jihadists Wednesday after suicide bombers armed with automatic rifles attacked Istanbul’s main international airport, killing 41 people, including foreigners. Witnesses described scenes of terror and panic on Tuesday evening as the attackers began shooting indiscriminately and then blew themselves up at the entrance to Ataturk airport, one of Europe’s busiest hus. The assault, which comes at […]
EgyptAir black box confirms smoke on board: probe
CAIRO, Egypt (AFP) – Data from one of the black boxes of a crashed EgyptAir plane showed smoke alarms had sounded on board, while soot was found on the wreckage, an Egyptian-led investigative committee said Wednesday. The black box had been retrieved from the bottom of the Mediterranean after the Airbus A320 with 66 people on board plunged into the sea on May 19 while heading to Cairo from Paris. It had recorded the flight’s data […]
Barong Tagalog ni President-elect Duterte, ipinakita
(Eagle News) — Ibinahagi ng state-owned television network ang larawan ng Barong Tagalog na isusuot ni President-elect Rodrigo Duterte sa kaniyang inaugurasyon. Sa twitter account ng People’s Television Network, naka-post ang barong na dinisenyo ni Aris Escarilla ng Chardin na isang high-end clothes shop sa Davao City. Una nang sinabi ng Chardin na naghanda sila ng 12 barong tagalog para kay Duterte na maaari niyang pagpilian. Naka-post din sa twitter account ng PTV-4 ang […]
Malacanang handa na para sa Duterte inauguration
By Weng dela Fuente (Eagle News) — Simpleng inaugurasyon lamang ang aasahan sa opisyal na pag-upo sa panunungkulan ni President-elect Rodrigo Duterte. Sa pahayag ng incoming Presidential Communications Office sa pangunguna ni incoming Communications Secretary Martin Andanar, sinabi nitong nais ni Duterte na maging simple lamang ang kaniyang inaugurasyon. Sa unang araw sa administrasyon, patutunayan din aniya ni President-elect Duterte ang pangakong sisimulan ang pagbabago. Simpleng kasuotan, simpleng pagkain para sa inaugurasyon Simpleng […]
