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Airlines vow flights for Sangley

By LISBET K. ESMAEL June 14, 2019 AIRLINES have pledged to move some of their flights to the still-unfinished Sangley airport in Cavite province in support of President Rodrigo Duterte’s mandate to decongest the Ninoy Aquino International Airport (NAIA), the Department of Transportation (DoTr) said on Thursday. In a statement, …

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Angkas to retrain more drivers before test run

By LISBET K. ESMAEL June 14, 2019 ANGKAS will retrain an additional 15,000 drivers before it could even begin its six-month pilot run of its motorcycle taxi service by the end of this month, an official of the ride-hailing company said on Thursday, a month after the Department of Transportation …

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No delay in CSP – Meralco

By JORDEENE B. LAGARE June 15, 2019 The Manila Electric Co. (Meralco) assured the Department of Energy (DoE) it will accelerate the conduct of public bidding in its power deals. In a statement on Friday, Energy Secretary Alfonso Cusi said the DoE and Meralco agreed to expedite the competitive selection …

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Building materials’ retail price rose slower in May

By ANNA LEAH E. GONZALES June 15, 2019 The retail price index of construction materials in the country rose at a slower pace at 1.6 percent in May compared to the month-ago is 1.7 percent, the Philippine Statistics Authority (PSA) said. Last month’s index was likewise lower than to the …

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Geopolitical risks push PSEi down

By THE MANILA TIMES June 15, 2019 GEOPOLITICAL concerns sparked selloffs among investors on Friday, dragging the stock market back to the 7,900 level. The benchmark Philippine Stock Exhange index (PSEi) dropped by 0.76 percent or 61.56 points to close at 7,990.20, while the broader All Shares declined by 0.59 …

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‘Regional inequality lessened last year’

By MAYVELIN U. CARABALLO, TMT June 15, 2019 Regional inequality in the country, as measured by the coefficient of variation of gross regional domestic product (GRDP) per capita, diminished slightly last year, according to the Department of Finance (DoF). In its latest economic bulletin on Friday, the Finance department said …

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$3.7-B BoP surplus forecast this year

By THE MANILA TIMES June 15, 2019 THE Bangko Sentral ng Pilipinas (BSP) sees a positive balance of payments (BoP) this year as sustained investment inflows are likely to offset the expected current-account deficit. In a briefing on Friday, monterary officials announced that overall BoP could revert to a surplus …

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Infra, capital spending drops by 56% in April

By MAYVELIN U. CARABALLO, TMT June 15, 2019 Govt expenditures in first four months reached almost P1T STATE infrastructure and capital spending fell to P28.3 billion in April on account of the late implementation of public-works projects. In a report on Friday, the Department of Budget and Management (DBM) said …

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Google ‘doodle’ by Ontario Ojibwe artist celebrates jingle dress dance

This Google doodle shows work by Ojibwe artist Joshua Mangeshig Pawis-Steckley. The Canadian Press Published Saturday, June 15, 2019 10:29PM EDT A brightly-coloured illustration celebrating the popular Indigenous jingle dress dance adorned Google’s homepage on Saturday, courtesy of Ojibwe artist Joshua Mangeshig Pawis-Steckley. The illustration depicts two women dancing in …

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