HSBC LTD. (HSBC) raised its growth forecast for the Philippine economy this year despite the weaker-than-expected gross domestic product (GDP) data from the last quarter, citing “promising” private consumption and state spending ahead.
Jun 282015
Jun 282015
ILOILO CITY — There is no actual shortage of cement, the Department of Trade and Industry’s (DTI) regional office said, tracing the thin inventories held by dealers to congestion in Iloilo Port.
Jun 282015
In a bid to boost the country’s car manufacturing sector, President Benigno S. C. Aquino III recently signed Executive Order (EO) No. 182, series of 2015, creating the Comprehensive Automotive Resurgence Strategy (CARS) Program. Prior to this new EO, EO Nos. 156 (2002) and 877-A (2010) prescribed the policies and directions governing the Motor Vehicle Development Program. To enhance these policies to further develop the domestic production of automobiles, EO No. 182 covers the manufacture not only of motor vehicles but also of motor vehicle parts.
Jun 272015
Check out the fun and sweet moments during Elvis Gutierrez and Alexa Uichico wedding
Jun 262015
Maria Ozawa is willing to date a Pinoy, but interested guys, you have to talk her out of ‘no boyfriend-no worry’ belief.
Jun 262015
No more kids for Ina Raymundo, a mother of five.
Jun 262015
PEP lists down important details about Huawei and Starmobile’s latest smartphones.
Jun 262015
Vice President Jejomar Binay addresses the crowd during the 36th National Conference of Employers at Marriott hotel in Pasay City on Friday. Binay told the business community his family only has five bank accounts, denying the Anti Money Laundering Council report that he owns about 242 bank accounts. (MNS Photo) MANILA, June 26 (Mabuhay) — Vice-President Jejomar Binay on Friday said he was “treated like a leper” in the Cabinet after his political rivals spread rumors that he would be arrested soon. Speaking to reporters, Binay said he was not treated like an outcast at first but eventually became shunned by Cabinet members amid talk that he would be arrested for corruption. “Ikinakalat ng aking mga kaaway sa pulitika na ako ay ipaaaresto. Para kang may ketong dun sa Cabinet meeting,” he said. Binay said he remained friends with President Aquino despite his recent attacks on the present administration. He said his attacks only focused on governance. “Sa akin hindi pa rin nagtatapos ang aming pagkakaibigan,” he said. He also accused the administration of selective justice. Binay has dismissed as politically motivated allegations that he amassed properties and illegally acquired wealth during his time as mayor of Makati. The Court of Appeals earlier granted a request by the Anti-Money Laundering Council to freeze 242 accounts and other investments of Binay and other allies. (MNS)
Jun 262015
(Supreme Court of the Philippines} MANILA, June 24 (Mabuhay) — The Supreme Court has ruled that a Korean fugitive wanted for stealing $200 million is not entitled to protection under the writ of amparo. In an en banc session, the SC even ordered the filing of administrative charges against Manila Judge Paulino Gallegos of the Regional Trial Court Branch 47 for granting Ja Hoon Ku’s amparo request. In its ruling, the SC said the elements for an enforced disappearance under Republic Act 9851 were not present in Ku’s case, meaning he is not entitled to the writ of amparo. A writ of amparo is a remedy available to any person whose right to life, liberty, and security is violated or threatened with violation by an unlawful act or omission. While Ku was arrested by Immigration agents, there was no attempt to conceal where he was nor was there a refusal to acknowledge such arrest or his whereabouts, the SC pointed out. “There was no attempt to remove Ku from the protection of the law for a prolonged period of time. That Ku’s counsel was able to enter an appearance on his behalf the day after he was arrested demonstrates this clearly,” it said. In seeking protection, Ku, a contractor of Iglesia ni Cristo’s Philippine Arena, claimed he is fearing for his life while under detention at the Bureau of Immigration (BI). The SC, however, said there was no basis presented by Ku to substantiate his fears. “This does not satisfy Read More …
Jun 262015
Danica Sotto: “Happy ako, pero hindi perfect. Kasi wala namang perfect. At saka, parang ayokong magbigay ng misconception sa mga tao.”