Peso slides to 50.67 as stocks continue to inch up

The Philippine peso slid to 50.67 to a greenback Thursday from its 50.60 finish Wednesday. But the Philippine Stock Exchange index (PSEi) increased for the second day in a row by 0.50 percent, or 39.47 points, to 7,888.31 points.

Panelo explains ‘new proclamation’ remark; Drilon reminds Duterte only Congress can extend ML

President Duterte has not decided on issuing a new martial law proclamation when the effectivity of the 60-day martial law under Proclamation 216 lapses, Presidential Chief Legal Counsel Salvador Panelo clarified Thursday. However, Minority Leader Frank Drilon reminded the President it is only Congress that has the power to extend martial law. He suggested that Duterte request Congress to tackle the extension before July 22, so Congress can use the joint session on the day of the SONA (July 24) to discuss that request.

Gilas trying to get Andray Blatche on board for FIBA Asia Cup

The Philippine national men's basketball team is still negotiating with naturalized player Andray Blatche on his FIBA Asia Cup stint almost a month before...

REVIEW | ‘Spider-Man: Homecoming’ puts the extra in the ordinary

Of all the superhero movies out there, this one is the most relatable. And yet it packs a wallop.

Second call for drugs war inquiry puts pressure on PH Senate

A second Philippine senator has called for an investigation into police conduct after a Reuters report revealed anti-drug squads were sending the bodies of slain suspects to hospital to destroy crime scenes and cover up executions.

Pilmico Iligan feed and flour mill plants receive ISO 9001:2015 and HACCP certification

Pilmico Foods Corporation, the integrated agribusiness and food company of Aboitiz Equity Ventures, Inc. (AEV), was recently awarded with international certifications in quality and food safety management systems.

WATCH, LOOK | At least 2 dead in Magnitude 6.5 Leyte quake

(UPDATED - 6:28 a.m., July 7, 2017) MANILA, Philippines - An earthquake of magnitude 6.5 struck Leyte on Thursday, leaving at least two persons dead and many others injured.

Long-term rail projects are a big draw for investors, says DOTr

The NEDA recently approved a national transport policy. The DOTr, however, believes what's really going to make investors come rushing in is a National Railway Development Act, one that will identify and mark rail projects years in advance.

An 8% flat rate tax for self-employed sector is proposed in Senate

At the hearing conducted by the Senate committee on Ways and Means, a proposal emerged calling for a flat rate 8 percent tax for...
Edcel Lagman

Citing perceived ‘serious errors’, Lagman group to appeal SC ruling on Mindanao martial law

Representative Lagman asked, if the purpose of judicial review is not the determination of accuracy or veracity of the facts anchoring the declaration of martial...

Dexter Carlos asks to be admitted into DOJ’s witness protection program

A day after his family was buried, Dexter Carlos went to the DOJ and asked that he be admitted into the department's witness protection program.

House, groups question LTFRB guidelines giving LGUs power to plan PUV routes, grant franchises

The House of Representatives and transport groups are questioning the LTFRB's Omnibus Franchising Guidelines that give power to LGUs to plan the routes of public utility vehicles and grant transport permits.

Hong Kong student leaders won’t contest Occupy protest charge

Hong Kong student leader Joshua Wong, who helped lead the months-long "Umbrella Movement" in 2014 demanding full democracy, said on Thursday he would not fight a charge related to the protests in the spirit of civil disobedience.

Ombudsman: Seize ex-PNP chief Purisima’s P29-M in ‘unexplained wealth’ 

The Office of the Ombudsman will ask the Sandiganbayan for the forfeiture of P29.2 million in alleged unexplained wealth from sacked Philippine National Police chief Alan Purisima and his family.

Singapore PM’s siblings ready to settle dispute privately or in court

Singaporeans have been riveted since mid-June by a public battle between the heirs of Lee Kuan Yew, Singapore's long-serving first prime minister, over whether to demolish the old family home or let the government decide whether it should become a heritage site.