Century Pacific posts 8% net income growth in first half 2017

Century Pacific Food, Inc. (CNPF), the Philippines’ largest canned food company, saw its consolidated net income grow by 8% year-on-year to P1.47 billion for the first six months ending June 2017. Sustained double-digit growth in the company's branded consumer food business and a strong recovery in its original equipment manufacturer (OEM) export segment were seen as drivers of such rise in net income.

South Korean prosecutors seek 12 years jail for Samsung scion Lee

Samsung Electronics Vice Chairman Jay Y. Lee fought back tears and denied wrongdoing on Monday as prosecutors sought a 12-year jail term on charges that include bribing the former president to help cement control of the South Korean tech giant.
OV10 Bronco bomb blast

With initial PhP10B, DBM works with OCD, stakeholders to tweak post-conflict rebuilding for Marawi

The Office of Civil Defense and the Department of Budget and Management have initiated due diligence action to consolidate baseline data gathering for addressing...

Bloggers, social media influencers abound at ASEAN meeting; Andanar explains why

The presence of bloggers and social media influencers at the Association of South East Asian Nations (ASEAN) Ministerial meeting created a stir at the weekend, not so much because of questions about their competence in doing "real journalistic work" but also because some veteran reporters complained about being shut out.

ASEAN, Japan tackle NoKor, South China Sea

The meeting of foreign ministers of the 10-member state ASEAN and Japan here over the weekend discussed critical regional issues such as the situations in the Korean Peninsula and South China Sea, said Japanese Foreign Ministry Deputy Press Secretary Toshihide Ando.

Poe still thinks DU30 won, but says Bautista case could cast doubt on close...

The mega-battle between Commission on Elections chairman Andres Bautista and his wife could lead to an impeachment trial, and cast doubt on closely contested races in the 2016 elections, Sen. Grace Poe said Monday.

WATCH | Introducing: The ‘smart ring’ for the visually impaired

A 'smart' ring developed in Hong Kong aims to help the visually impaired by allowing them to answer phone calls with a touch of a finger.

WATCH | Ex-henchman, political rival bare how Parojinogs allegedly operated drug business, killed competitors

It was a booming family narcotics business wherein competitors were easily silenced and protection money continued to flow from businessmen, according to two individuals -- a former aide and an ex-political rival -- who claim to know the Parojinogs' alleged criminal activities.

WATCH | Futureproof: China’s Silicon Valley

A look at why Shenzhen is being called the new Silicon Valley.

FOCUS | Duterte’s ‘Build, Build, Build’ plans hit Philippine peso

The peso is Asia's worst performing currency this year, hitting lows close to 51 per dollar last month. At the market close in Manila on Friday, the peso traded 50.16 to the dollar, down 0.9 percent in 2017. Policymakers are often reminded of the Asian financial crisis 20 years ago whenever external balances weaken, and most economies in the region have built solid surpluses to avoid a similar episode. In the Philippines, Duterte's administration dismisses such warnings.

An SMB exec believes injured June Mar should just skip FIBA Asia Cup. Here’s...

It's not worth the risk. That's the belief of San Miguel Beermen team manager Gee Abanilla on the possible scenario that will see star center...

Rain or Shine sends veteran gunner Jeff Chan to Phoenix

After eight years with Rain or Shine, sniper Jeff Chan is headed to another team. The Elasto Painters have traded their seasoned gunner to the...

WATCH | Broker names BOC offices, employees receiving payolas; Customs execs deny allegations

Customs broker Mark Ruben Taguba, who handled the release of container with shabu out of the Bureau of Customs premises, gave a breakdown of the "tara" or grease money per container allegedly being received by some agency personnel and offices within the BOC.

Newspaper columnist shot dead in Sultan Kudarat

A newspaper columnist was shot dead by still unidentified motorcycle-riding assailant in Barangay Kalanawi II, President Quirino, Sultan Kudarat, radio DZRH reported Monday.

Lawmaker, DOJ want to find out if poll chief has ill-gotten wealth; Roque asks...

A lawmaker and the Department of Justice on Monday took steps to find out if there's truth to claims made by Andres Bautista's own wife that the Commission on Elections chief has nearly P1 billion in ill-gotten wealth.