Highly competent individuals are needed to man the Maharlika Investment Fund (MIF) to ensure its success, Department of Finance Secretary Benjamin Diokno said over the weekend. He said this as the deadline for nominations and applications for the Maharlika Investment Corporation (MIC) board of directors was set on September 27, …
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Geothermica, PH eagle, dies in Singapore
The Philippine Eagle Foundation (PEF) on Saturday mourned the death of Philippine Eagle “Geothermica,” whom they credited for bringing international attention to the species’ plight. In a Facebook post, the organization said Geothermica, a 19-year-old male eagle, died on Thursday, Sept. 7., in a Singapore zoo. “Sambisig,” a female Philippine …
Read More »Drivers say P10K fuel subsidy lacking with prices rising
The P6,500 to P10,000 one-time fuel subsidy is not enough amid increasing pump prices, the transport group Pagkakaisa ng Samahan ng Tsuper at Operator Nationwide (PISTON) said Saturday. This was as Unioil Petroleum Philippines forecasted a higher oil price hike on Tuesday of P0.40 to P0.60 per liter for diesel …
Read More »More than 2,000 killed in Morocco’s most powerful earthquake in a century
Rescuers are searching for survivors of Morocco’s deadliest earthquake in more than six decades, with more than 2,000 people killed by the disaster that has laid waste to villages in the mountains near Marrakech. 2,000 people killed by disaster that has laid waste to villages. Rescuers searched on Sunday for …
Read More »From opinion polls to party faithful, Poilievre’s Conservatives are riding high. But is it too soon?
The race to be the next prime minister of Canada has yet to be called but Conservative Party Leader Pierre Poilievre appears to be comfortably set in the pole position. Some insiders wonder if the party can maintain the momentum. After a record-setting convention, Tory prospects seem bright — if …
Read More »Don’t rock the ship too much: Charles’s 1st year as King brings stability but no major change
When Queen Elizabeth died a year ago and her son, Charles, became King, many saw the possibility for major change in the transition to a new monarch. But that hasn’t been the case. Anniversary of Queen Elizabeth’s death marked in church services attended by Royal Family members. Hello, royal watchers. …
Read More »Deafening silence
Instead of squaring with ASEAN on the CoC, Chinese Premier Li Qiang tried to seduce members of the regional bloc to consider the economic benefits of not offending Beijing. At the recent 43rd ASEAN Summit, China was on a charm offensive as it underlined the need to give attention to …
Read More »No reports of Filipinos hurt in deadly Morocco quake — DFA
No Filipino was reported hurt in Morocco after a powerful earthquake killed nearly 300 late Friday (Saturday in Manila). In a text message on Saturday morning, Philippine Ambassador to Morocco Leslie Baja said the embassy continues to monitor the situation as reports come in from local authorities. “An earthquake with …
Read More »Gibo defends funding for EDCA bases, stronger US ties
Defense Secretary Gilbert Teodoro Jr. on Thursday defended funding for military bases covered by the Enhanced Defense Cooperation Agreement (EDCA) with the United States, saying the country needs to spend on them despite assistance from Washington. “This is American aid and logistics assistance, but these are Philippine bases… We really …
Read More »Magno receives Palace memo on ‘expiration of term’
FORMER Finance undersecretary Cielo Magno said it was an honor serving the country after receiving a memo on her departure from the Department of Finance (DoF), which said that it was “neither a resignation or termination” but that her term had “expired.” “Hindi po sya resignation or termination. Expiration po …
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