PHL, South Korea seek greater bilateral cooperation

MANILA, Nov 19 (Mabuhay) – President Benigno S. Aquino III and South Korean President Park Geun-Hye expressed their willingness to boost their cooperation, during a bilateral meeting held on the margins of the Asia-Pacific Economic Cooperation (APEC) Summit on Wednesday....

Mar: Tax cut proposals not an election issue

MANILA (Mabuhay) — Administration presidential bet Mar Roxas said Tuesday that the proposal to lower income tax should not be an election issue as it must be discussed in a more sober time. At the presidential forum of the Philippine Chamber of Commerce and Industry, Roxas...

Philippine delegation tells PHL reform story in the American heartland

WASHINGTON, D.C. — The exciting reform story of the Philippine economy headlined the Doing Business with the Philippines Forum held at the World Trade Center Kansas City on 28 September 2015. Philippine Ambassador Jose L. Cuisia, Jr. led an economic diplomacy delegation that...

Pinoys to demand for accountability, inclusive growth beyond 2016: Aquino

MANILA (Mabuhay) – As an offshoot of his six-year stint at Malacañang, President Benigno Aquino III on Friday said that Filipinos will continue to demand for good governance and inclusive growth even after he steps down in 2016. “We see today a people who have felt the effects of...

NDRRMC: No reported casualties from Egay yet, but damage worth millions

MANILA (Mabuhay) — The National Disaster Risk Reduction and Management Council (NDRRMC) said there has been zero reported casualties in the aftermath of the typhoon Egay. However, the agency was quick to add that it is still working with local government units for a more...

New York Conference promotes PHL as premier investment destination

WASHINGTON, DC  – Investments in people, infrastructure and reforms have transformed the Philippines into a prime destination for foreign capital in recent years, according to Philippine Finance Secretary Cesar V. Purisima, who was one of the keynote speakers at the Economic...

Fighting climate change could save lives, money: US report

Washington, United States (AFP) – Taking action against global warming by reducing greenhouse gas emissions could save thousands of lives and avoid major economic losses before century’s end, said a US government report issued Monday. The cost of inaction is compared with the...

PHL Japan lash out at China island building

By Natsuko Fukue Tokyo, Japan (AFP)  – Japan and the Philippines lashed out Thursday at Chinese land reclamation in the South China Sea, where Beijing is building infrastructure some suspect will be used by its military. In a joint statement after their summit, Japanese Prime...

Senate urged to assess Metro Manila’s earthquake readiness

MANILA (Mabuhay) – Following the magnitude 7.8 earthquake that devastated Nepal last month, Senator Bam Aquino is urging the Senate to evaluate the capacity and preparedness of government and various stakeholders in case a massive quake hits the Greater Metro Manila Area (GMMA...

APEC business leaders pushing for infrastructure financing alternatives

TAGAYTAY CITY (Mabuhay) – Asia-Pacific business leaders are pushing for alternative ways of financing long-term infrastructure investments in the region, including tapping the capital markets. Dr. Julius Caesar Parrenas, a member of the APEC Business Advisory Council (ABAC), said...