Other News

Police firearms “sealed” in Western Mindanao

    —————————————————————–   Chief Sup. Edgar Basbas, Regional Director Of Police Regional Office-9 in Zamboanga peninsula has presided the “muzzle taping” of the private firearms of  police officers to make sure that these will not be used in welcoming the new year, 2015. Basbas had warned the police officers who were not present in the said activity that they should immediately connect to their mother unit to let their issued firearms  be sealed of  […]

Malacanang: President Aquino had not yet accepted Lacson’s “irrevocable resignation”

  (Eagle News Service) — Malacanang has clarified that it had not yet accepted the “irrevocable resignation” of rehabilitation czar Panfilo “Ping” Lacson. According to Communications Secretary Herminio “Sonny” Coloma Jr., Lacson has just submitted his review of his work at the Office of the Presidential Assistant on Recovery and Management Council, including his proposal to transfer to the National Disaster Risk Reduction and Management Council (NDRRMC) his present functions. Coloma said Malacanang would also […]

Former HK chief secretary convicted for corruption

Former Hong Kong chief secretary Rafael Hui was sentenced by Hong Kong’s High Court on Tuesday to seven-and-a-half years for corruption and misconduct. Hui was ordered to pay the Hong Kong Special Administrative Region (HKSAR) government a fine of 11.182 million H.K. dollars (about 1.437 million U.S. dollars). Hui was convicted on five counts of misconduct and corruption, which makes him the highest-ranking official in Hong Kong’s history to be found guilty of taking bribes. […]

PNP Bicol intensifies campaign against illegal firecrackers

As the New Year celebrations draw near, Camp General Simeon Ola in Bicol has intensified its campaign against illegal firecrackers in the region. Police senior inspector Malou Calubaquib, Information officer of the Philippine National Police (PNP) – Bicol, said the PNP firearms and explosive division in the region had not stopped conducting surprise inspections on firecrackers stores in all six provinces of Bicol region. Calubaquib said PNP Bicol had already seized and destroyed a number […]

LTFRB issues special permits to passenger buses for holiday routes

The Land Transportantion Franchising and Regulatory Board has issued 730 special permits for Metro Manila buses. Based on this special permit, the Metro Manila buses will be allowed to go out of their regular routes this holiday season to be of service to thousands of passengers who are expected to go home to their provinces before the year ends. The effectivity of the special permits will be from Monday, December 22 this year until January […]

Mayon has no sign of destructive eruption – PHIVOLCS

Mayon Volcano seemed to have quieted down. According to the Philippine Institute of Volcanology and Seismology (Phivolcs), there had been no recorded quakes nor any steaming activity in Mayon in the last 24 hours. This means that there might be no eruption in the next days or weeks, although it is still placed under alert level 2. But Phivolcs said there is still the presence of eruptible magma beneath the volano, and residents are still […]

Aquino signs “pork barrel-free” P2.606 trillion nat’l budget

President Aquino signed on Tuesday the “pork barrel-free” 2015 national budget worth P2.606 trillion. “Patuloy ang ating paninindigan: Wala na sa ating budget ang PDAF o Priority Development Assistance Fund, na naging instrumento ng pangungulimbat ng ilang mapagsamantala,” he said in his speech during the signing ceremony. President Aquino noted that enacting the 2015 national budget “on time” is now the new “normal.” “Sa ikalimang pagkakataon, naipasa natin sa tamang oras ang budget para sa […]

ASEAN Financial Integration: Challenges and Prospects

(Eagle News Service) — The ASEAN integration economic blueprint envisions the establishment of a single market and production base, a highly competitive economic region, a region of equitable economic development, and a region fully integrated into the global economy.  Among components identified are improved market access within the region, investment facilitation, establishment of a single aviation market and financial integration.  Financial integration involves the banking sector and the financial markets. In this connection, there is […]