The Daily Manila Shimbun

 

Peso advances to P49.635 against US dollar

April 11, 2017

The peso surged on Tuesday, closing at P49.635 against the US dollar from P49.05 in the previous day. Volume at the Philippine Dealing System reached $577 million from P1.119 billion on Monday. But stocks fell to profit-taking as the Philippine

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Philippines to grow 6.9 percent in 2017, 2018: World Bank

April 11, 2017

The Philippine economy may expand at 6.9 percent this year and in 2018 due to government’s commitment to further increase public infrastructure investment, the World Bank said on Tuesday. The new projection was slightly lower than the 7.0 percent estimate

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Suspected Abu Sayyaf enters Bohol, 5 killed in clash with security forces   

April 11, 2017

Five suspected Abu Sayyaf Group (ASG) terrorists and three soldiers with one policeman were killed while two were wounded in an encounter in Bohol on Tuesday morning. In a joint press statement, Lt. Gen. Oscar Lactao, central command chief and

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De La Rosa leads inspection of bus terminals

April 11, 2017

Philippine National Police Director General Ronald Dela Rosa led the inspection of the public transport terminals and church in Metro Manila on Tuesday as part of its security preparation for the Lenten break. Dela Rosa was accompanied by the director

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Planned rice imports need validation, review

April 11, 2017

A planned importation of additional 250,000-metric tons of rice for the country’s buffer stocks may have to be reviewed and validated as the Department of Agriculture expects a bumper rice harvest this planting season, Agriculture Secretary Emmanuel Piñol said. “So

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CA upholds conviction of 2 Indonesians for murder

April 11, 2017

The Court of Appeals has sustained the decision of the Pasig City Regional Trial Court convicting two Indonesians for murder with double attempted murder, in connection with their involvement in the 2003 bombing of the Awang Airport in Maguindanao that

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Electricity rates slightly go up this April: Meralco

April 10, 2017

Meralco announced that the increase for April 2017 for a typical  household will amount to 23 centavos per kWh, bringing the overall rate to P9.89 per kWh from last month’s rate of P9.67 per kWh. This amounts to a P45

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Duterte says terrorism to be dealt with harshly amid US travel advisory in some parts of Visayas

April 10, 2017

President Rodrigo Duterte said on Monday that terrorism would be dealt “harshly” as authorities were trying to extract information from detained suspected Kuwait and Syrian terrorists. Duterte made the statement amid a travel advisory by the United States Embassy to

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