By Angela Moon NEW YORK Thu Jul 3, 2014 3:07pm EDT (Reuters) – With all the hoopla over the Dow topping 17,000 out of the way, the market’s next focus will be whether the fast-approaching earnings season can justify U.S. stocks continuing their climb further into record territory. Many factors point to a second-quarter earnings season poised to surprise substantially to the upside, with an outside chance that profits for S&P 500 .SPX companies could […]
Other News
President Aquino creates task force for Iglesia ni Cristo centennial celebration
MANILA, July 4 (PNA) — President Benigno S. Aquino III has formed an interagency task force to maintain peace and order for the centennial anniversary celebration of the Iglesia ni Cristo (INC) on July 27 at the Philippine Arena in Bocaue, Bulacan. In a Memorandum Circular No. 66 issued on July 3, the President directed the creation of “Task Force Sentenaryo” headed by Metropolitan Manila Development Authority (MMDA) Chairman Francis Tolentino which would be […]
Diskusyon – Worsening criminality in the Philippines
Widespread criminal incidents happening in the country are causing worries and concerns. From January to May alone, more than 289,000 criminal incidents were recorded in various parts of the Philippines, according to the reports of the Philippine National Police. 59,000 of these happened in Metro Manila. There is a 17% increase in criminality compared to the same period in 2013 when 245,000 criminal incidents were recorded. The PNP explained that the rise is a result […]
Senator Cynthia Villar aims to strengthen Anti Hazing Law
To strengthen the Anti-Hazing Law, Senator Cynthia Villar proposed in a bill that prospective members of such groups should first seek parental consent before joining if they are under 21. Also proposed is the ban on physical violence in the initiation rites.
U.S. jobs data seen reinforcing strong growth outlook
(Reuters) – U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy’s health and underscore its momentum heading into the second half of 2014. Nonfarm payrolls probably increased by 212,000 jobs after rising by 217,000 in May, according to a Reuters poll of economists. It would be the first time since the technology boom in the late 1990s that employment had grown above […]
300 OFWs from Libya return to the Philippines
Almost 300 out of 13,000 OFW’s in Libya returned to the country due to the voluntary repatriation instituted by the Department of Labor and Employment.
Rains all over the country
Expect rains and thunderstorms all over the country, brought by the combination of an active inter-tropical convergence zone and a low-pressure area. According to the modelling done by PAGASA, said weather system will not develop into a storm.
Heavy traffic caused by an accident involving a truck
A truck heavily-laden with sand hit the center barrier in Pasay, causing heavy traffic.
Motorcycle rider dead in an accident in EDSA
A motorcycle rider was found dead in Barangay Highway Hills, EDSA Mandaluyong. The death was caused by an accident, the details of which is still being investigated.
Fear, cash shortages hinder fight against Ebola outbreak
BY KWASI KPODO (Reuters) – West African states lack the resources to battle the world’s worst outbreak of Ebola and deep cultural suspicions about the disease remain a big obstacle to halting its spread, ministers said on Wednesday. The outbreak has killed 467 people in Guinea, Liberia and Sierra Leone since February, making it the largest and deadliest ever, according to the World Health Organization (WHO). West African health ministers meeting in Ghana to […]
Australia increases support for poverty reduction
Australia is increasing its support to the Philippines to ensure that poor Filipinos can access essential social services. Deputy Secretary Ewen McDonald of the Australian Department of Foreign Affairs and Trade (DFAT)’s and the Department of Social Welfare and Development (DSWD)’s Secretary Corazon ‘Dinky’ Soliman today launched Australia’s support for improving access of poor municipalities to early learning and education through community-led approach by providing Php 487 million (A$12.2 million) to the Philippines National Community […]
DILG announces P1.864 billion budget for 1,865 new patrol jeeps.
MANILA, Philippines – The Department of Interior and Local Government announced that it has a P1.864 billion budget to buy 1,865 new patrol jeeps to “enhance police mobility.”Interior and Local Government Secretary Manuel A. Roxas has announced the start of a bidding process for the purchase of the vehicles meant “to enhance police mobility and shorten the response time to crime or rescue situation.” The DILG said it has a P1.864 billion budget for the […]