Posts Tagged by week

Oil price increases start March 1

MANILA, Philippines?Motorists should brace themselves for steeper-than-usual gasoline price hikes this week. Read More

Communist rebels execute ‘counter-revolutionary’

KIDAPAWAN CITY, Philippines?Communist rebels killed two people in Davao del Sur this week, justifying one attack as appropriate for a counter-revolutionary. The latest to be killed was Jun Sal, who… Read More

Senator Estrada’s revenge: ‘Nothing personal’ vs father’s prosecutor

MANILA, Philippines?After hurling question after question at former Ombudsman Simeon Marcelo that was akin to a grilling of a suspect, Sen. Read More

Hunger stunts Philippine children

MANILA – A third of Philippine school children are stunted because poverty has forced them to eat too little food for years, according to a government study released this week. The latest findings of a rolling survey carried out for decades by the government’s Food and Nutrition Research Institute reflect the general poverty rate and… Read More

Aquino urged: Ban mining, too

MANILA, Philippines?President Benigno Aquino III should also impose a ban on mining in certain areas in the country following his moratorium order on logging, a lawmaker said on Friday. Eastern Samar Representative Ben Evardone said a comprehensive measure, including a halt to mineral extractions, should be in place to mitigate the impact of climate change. “We laud… Read More

Peso falls anew as US economy improves, dollar becomes attractive

MANILA, Philippines?The peso fell further into the 44-to-a-dollar territory and dropped by 16 centavos in the first trading day of the week, as somewhat improving US macro-economic fundamentals… Read More

CHEd halts new course offerings in nursing, 4 other fields of study

MANILA, Philippines?Public and private universities and colleges will not be allowed to offer new programs in five fields of study starting 2011 after the Commission on Higher Education (CHEd) ordered a moratorium on new course offerings, citing the decline in the quality of graduates in these fields. Under CHEd’s Memorandum Order 32, posted online this week, no new undergraduate and… Read More

Lotto winner stuck to her numbers for 10 years

MANILA, Philippines?For more than 10 years, she clung to that number combination?22-35-29-21-33-26. This week her persistence paid off. The unidentified female government worker from Naic, Cavite, won Tuesday night’s 6/49 Super Lotto jackpot of P152,513,661.60. Read More

Peso up again on strong foreign capital inflows to Asia

MANILA, Philippines ? The peso inched up in the first trading day of the week as foreign capital inflows continued to surge in Asia and as policymakers around the globe center economic discussions on allowing currencies in emerging Asian markets… Read More

Caloocan residents brace for waterless days until Oct. 1

MANILA, Philippines?Time to put out the water containers again. Caloocan residents are filling up their laundry tubs and big plastic containers with water again to brace for four waterless days this week. In the area of Sta Read More

Pasay is next stop in MMDA cleanup drive

BY GERARD NAVAL–> THE Metropolitan Manila Development Authority Read More

Philippine farm policy deepens poverty: report

AFP , MANILA Misguided farming policies, including land reform, are keeping millions in the Philippines poor, according to a report released by the World Bank this week. The report said only the manufacturing and service sectors, which require huge capital and skilled workers, had grown significantly over the last decade while agriculture, which employs most of the non-skilled, faltered. Read More

RP stocks gain anew on favorable data from Europe

MANILA, Philippines ? Local stocks gained for the second day this week on Tuesday as a stream of favorable economic and bank earnings data out of Europe perked up global markets. The Philippine Stock Exchange index gained 28.68 points or 0.83 percent to finish at 3,484.08, taking its cue from an upbeat overnight trading in Wall Street…. Read More

Administration coalition in disarray

MANILA, Philippines–President Gloria Macapagal-Arroyo’s ruling coalition appeared to be in disarray Thursday with just over a month before national elections to choose a new president. Arroyo’s chosen presidential candidate, Gilberto Teodoro, this week resigned as chairman of her Lakas-Kampi-CMD coalition, while many other senior leaders defected to other parties. Read More

Peso inches up further, closes at 46.05 to the dollar

MANILA, Philippines?The peso inched up further in Friday’s trade, as favorable investor sentiment boosted appetite for currencies of emerging Asian economies. The local currency ended the week at 46.05 against the US dollar, stronger than its Thursday’s finish of 46.09. Read More

No more chilly weather: Pagasa

WARM and humid temperatures will continue this week until Friday due to the weakening of the northeast monsoon, Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) forecaster Cris Perez said. Perez said… Read More

N. Mindanao on alert vs female suicide bombers

CAGAYAN DE ORO CITY ? Ten female suicide bombers, all foreigners trained by the terrorist network Jemaah Islamiyah, would hit key cities in Mindanao this week, both a city official and the spokesman of the Army’s 4th Infantry Division said. The Army’s 4ID and the Police Regional Office 10 have been placed on full alert after the General Santos bombing and are now concentrating its internal security operations in Northern Mindanao. Two days before the… Read More

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