Energy department declares Cebu’s Alegria field commercially viable

The Department of Energy (DoE) issued a declaration of commercial viability on Wednesday for the Alegria oil and gas field in southern Cebu, with production estimated to last until 2037.

San Miguel PureFoods consolidated net income reaches P6.9B in 2017

San Miguel PureFoods Company, Inc. (SMPFC), the food and beverage arm of conglomerate San Miguel Corp. (SMC), posted a consolidated net income of PHP6.9 billion in 2017 from PHP6 billion in 2016.

PH to launch Panda bond soon

The Philippines is set to launch its planned RMB 1.46 billion-worth Panda bond soon, Finance Secretary Carlos Dominguez III said.

Integrated steel mill to back PH industries: ex-DTI chief

Former Trade Secretary Adrian Cristobal Jr. said the country needs an integrated steel mill to support other local industries, particularly shipbuilding and manufacturing of automotive vehicles.
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Divorce bill hurdles second reading in House

After only two days of debates in plenary, the House of Representatives approved on second reading the controversial divorce bill. The voting was done by viva voce.
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House okays on 2nd reading bill postponing barangay polls

The House of Representatives has approved on second reading the bill postponing the barangay elections from May 14 to October 8 this year. A counterpart bill, however, has yet to be filed at the Senate. Several senators have said that there may not be enough time to tackle the measure since Congress will go on break starting March 23 and will return on May 14.

Bong Go gets Duterte’s go-ahead for a Senate run; backers launch ‘campaign’

Three members of the Duterte Cabinet will likely join the administration's senatorial ticket in 2019, with his closest aide, Secretary Christopher "Bong" Go, getting solid presidential clearance for it.

NOT SO FAST | Why PH’s ICC withdrawal can’t be soon, and why Duterte...

while the Duterte administration is in a hurry to get out of the treaty that was ratified via the Philippine Senate's concurrence on August 23, 2011, the process of withdrawing takes time and will not preclude ICC from investigating the President's war on drugs campaign.

PPA to remit over P3B in dividends

The Philippine Ports Authority (PPA) will remit more than PHP3 billion in dividends for 2017, surpassing by 30 percent all dividends it remitted to the national government for the past decade including the PHP2.16 billion remitted in 2015.

Davao-based Skynora opens shared office, BPO space at Robinsons Cybergate

Skynora Corp., a newly-established Davao City-based firm, has opened a shared office facility and business process outsourcing (BPO) center at the Robinsons Cybergate Delta, catering to the demand of freelancers and online workers and boosting corporate office space here.

Physicist Stephen Hawking, who conquered the stars, dies at 76

Stephen Hawking, who sought to explain some of the most complicated questions of life while himself working under the shadow of a likely premature death, has died at 76.
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Concom votes to allow only two relatives to run in the same elections

The Consultative Committee (Concom) tasked by President Rodrigo Duterte to review the 1987 Constitution on Tuesday voted to allow only two relatives within the second degree of consanguinity and affinity to run in the same elections. However, they can only run for one national post and one local position.

Aguirre creates panel to resolve PNP motion for reconsideration on raps vs Lim, Espinosa,...

Justice Secretary Vitaliano Aguirre II created on Wednesday a special panel to resolve the motion for reconsideration from the PNP-CIDG of an earlier decision by prosecutors dismissing the complaints against alleged drug lords Peter Lim, Peter Co, Kerwin Espinosa and several others.
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PH-Kuwait negotiations on workers’ protection resumes this week

The Philippines will resume negotiations with Kuwait this week in Manila to craft a labor agreement providing strong guarantees on the safety and welfare of Filipino household service workers in the Gulf state, the Department of Foreign Affairs (DFA) announced on Tuesday.

Pope Francis names new Kabankalan bishop

Pope Francis has appointed a new bishop of the Diocese of Kabankalan in Negros Occidental. Monsignor Louie Galbines, 51, will be the third bishop of the diocese. He has been serving as the vicar general of the Diocese of Bacolod.