Legarda urges gov’t to release P75-B AFP Modernization Fund in 5 years

August 15, 2013 10:50 am· Comments Off on Legarda urges gov’t to release P75-B AFP Modernization Fund in 5 years 

By Azer Parrocha

MANILA, Aug 14 (PNA) — Sen. Loren Legarda called on the government Wednesday to ensure the release of P75 billion worth of AFP modernization funds in five years, adding this was necessary for a stronger armed forces.

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DOLE implements stringent measures in the polo operations following the sex for fly controversy

August 15, 2013 10:50 am· Comments Off on DOLE implements stringent measures in the polo operations following the sex for fly controversy 

MANILA, August 14 — The Department of Labor and Employment (DOLE) has implemented additional stringent measures in the operation of Philippine Overseas Labor Offices (POLO) following the controversial sex-for-fly allegations against labor officials.

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NFA assures availability of rice for calamity victims

August 15, 2013 10:50 am· Comments Off on NFA assures availability of rice for calamity victims 

MANILA, Aug. 14 — In the wake of Typhoon Labuyo’s onslaught which left damages to crops and properties in Luzon, the National Food Authority Wednesday assured that the government has enough rice stocks nationwide for easy access by concerned local government units and relief agencies during emergency or calamity situations.

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ATI posts lower net income in H1

August 15, 2013 10:50 am· Comments Off on ATI posts lower net income in H1 

MANILA, Aug 14 — Asian Terminals Inc. (ATI) registered a 35.3 percent drop in net income to P512 million in the first half of the year compared to P790.8 million in the same period last year.

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Misplaced reef in DNC caused USS Guardian grounding

August 15, 2013 10:50 am· Comments Off on Misplaced reef in DNC caused USS Guardian grounding 

By Priam Nepomuceno

MANILA, Aug. 14 (PNA) — Now it can be told.

The Jan. 17 grounding of the USS Guardian, a minesweeper of the US Navy, can be attributed to the incorrect placement of a reef in the Philippine Islands by eight miles on its digital nautical charts.

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Makati City RTC orders arrest of businesswoman behind P10-B pork barrel scam

August 15, 2013 10:50 am· Comments Off on Makati City RTC orders arrest of businesswoman behind P10-B pork barrel scam 

By Perfecto T. Raymundo

MANILA, Aug. 14 (PNA) — The Makati City Regional Trial Court on Wednesday ordered the arrest of businesswoman Janet Lim Napoles, who is the alleged "brains" behind the P10-billion pork barrel scam.

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Senate organizes Commission on Appointments

August 15, 2013 10:50 am· Comments Off on Senate organizes Commission on Appointments 

By Azer N. Parrocha

MANILA, Aug 14 (PNA) — The Senate organized the Commission on Appointments (CA) on Wednesday, giving priorities to the nominations of senior military officers and ambassadors, Senate President Franklin Drilon said.

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PAGASA monitors new LPA near Taiwan

August 15, 2013 10:50 am· Comments Off on PAGASA monitors new LPA near Taiwan 

MANILA, Aug 15 — Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) has monitored a low pressure area (LPA) near Taiwan that may enter the country.

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PDIC launches Usapang Pera: A guidebook for financial literacy

August 15, 2013 10:50 am· Comments Off on PDIC launches Usapang Pera: A guidebook for financial literacy 

By Josine F. Estuye

MANILA, Aug. 15 (PNA) — In an effort to promote financial literacy, the Philippine Deposit Insurance Corporation (PDIC) on Wednesday launched the Usapang Pera: Mga dapat Alamin, a guidebook on Basic Banking and Financial Transactions.

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'Labuyo' death toll now at 8

August 15, 2013 10:50 am· Comments Off on 'Labuyo' death toll now at 8 

MANILA, Aug. 15 — The National Disaster Risk Reduction and Management Council (NDRRMC) on Thursday announced that the death toll for Typhoon "Labuyo" has now climbed to eight.

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