PH manufacturing PMI rises to 15-month high

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Mon, 02 Mar 2020 16:20:36 +0000

The Philippine manufacturing sector continued to expand in February, with the Purchasing Managers Index (PMI) hitting a 15-month high, the latest IHS Markit survey showed. Results released on Monday revealed the indicator rose to 52.3 from 52.1 in the previous month. The figure is the highest since the 54.2 recorded in November 2018. The PMI […]

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The untold story of the 1986 EDSA Revolution

Credit to Author: CECILIO T. ARILLO| Date: Mon, 02 Mar 2020 16:20:23 +0000

First of a series If there is anything to learn from the so-called EDSA Revolution 34 years ago last Tuesday, it is that it has not only become a long avenue of questions, regrets and flawed political, social and economic policies but a source of continuing hatred, vengeance and disunity that continue to imperil the […]

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Market sees strong demand for LNG

Credit to Author: The Manila Times| Date: Mon, 02 Mar 2020 16:20:15 +0000

GLOBAL demand for liquefied natural gas (LNG) grew by 12.5 percent to 359 million tonnes in 2019, according to Shell’s latest annual LNG Outlook’ a significant increase that bolsters LNG’s growing role in the transition to a lower-carbon energy system. 2019 saw key developments that are helping to reshape the industry, namely: an industry record […]

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Govt debt rises to P7.76T at end-Jan

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Mon, 02 Mar 2020 16:19:37 +0000

THE outstanding debt of the national government rose to P7.76 trillion at the end of January this year, mainly due to net availment of foreign financing, the Bureau of the Treasury (BTr) reported on Monday. In a statement, the BTr said the amount was a 0.4-percent or P32.05-billion increase from the P7.73 trillion posted at […]

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Quo warranto case vs ABS-CBN improper — former chief justice

Credit to Author: Jomar Canlas, TMT| Date: Mon, 02 Mar 2020 16:19:09 +0000

Retired chief justice Artemio Panganiban on Monday said the quo warranto petition filed against ABS-CBN Corp. by the solicitor general was improper and that there were other remedies available to the network. Panganiban said Congress has the power to review the franchise renewal, but not the high court via a quo warranto proceeding. “Congress can say […]

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Parañaque passed 2019 Good Financial Housekeeping test

Credit to Author: The Manila Times| Date: Mon, 02 Mar 2020 16:19:01 +0000

Mayor Edwin Olivarez seems highly gratified and honored following the announcement of the Department of Interior and Local Government that Parañaque City was among the 1,706 LGUs throughout the country to be conferred with 2019 Seal of Good Financial Housekeeping as it recognizes again the City’s good performance in areas of sound fiscal management, transparency […]

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Pope Francis cancels planned retreat due to ‘cold’

Credit to Author: THE MANILA TIMES| Date: Mon, 02 Mar 2020 06:55:38 +0000

VATICAN CITY: Pope Francis said on Sunday he would not be taking part in a planned six-day spiritual retreat south of Rome after coming down with a “cold.” The 83-year-old pontiff suffered two coughing spells that forced him to turn away from the crowd and cover his mouth with his fist on a windy and […]

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North Korea fires two unidentified projectiles

Credit to Author: THE MANILA TIMES| Date: Mon, 02 Mar 2020 06:03:06 +0000

SEOUL: North Korea fired two unidentified projectiles on Monday, the South’s military said, weeks after Pyongyang declared its moratorium on long-range missile tests over. The move comes as nuclear negotiations with the United States are at a standstill and as a unilateral deadline Pyongyang set Washington to offer it fresh concessions on sanctions relief expired. […]

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PH Missions shorten office hours

Credit to Author: THE MANILA TIMES| Date: Mon, 02 Mar 2020 05:44:35 +0000

Four Philippine missions shortened their office operations and enforced online appointments as part of precautionary measures against the coronavirus disease 2019 (Covid-19) outbreak The Philippine Embassy in Tehran, Iran shortened its operating hours from 8:30 a.m. to 12 noon local time because of the rising number of confirmed cases of the Covid-19. “All embassy clients […]

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