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ADB, World Bank and Fitch Ratings commend PH’s stable economy

Three international institutions extended support and commendation to the Philippines over the past week. The Asian Development Bank (ADB) announced a $4-billion grant during President Marcos’ visit to its headquarters. The grant covers major infrastructure projects such as the Bataan-Cavite Interlink Bridge Project, the Davao Public Market Modernization Project, and …

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PH, US, Japan to hold maritime exercises

BRP Melchora Aquino. PHOTO by MIKE ALQUINTO  FOR the first time, the Philippines will hold maritime exercises this week with two of its closest allies — the United States and Japan. The trilateral exercises will be conducted off Mariveles, Bataan from June 1 to 7, the Philippine Coast Guard (PCG) …

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Solons to hasten Senate Maharlika bill

Albay Rep. Joey Salceda on Sunday said Congress is studying the Senate’s version of the Maharlika Investment Fund, which President Ferdinand Marcos Jr. earlier certified as urgent in a bid to hasten its passage as Congress adjourns sine die this week. “We are talking to stakeholders and experts to see …

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1k flee Lanao town with terrorist threat

FLEEING LANAO. This screen grab from an ABS-CBN TV report on Sunday shows some of the 1,236 persons from Marogong, Lanao del Sur evacuating the town to avoid being in the middle of the possible crossfire with government troops and forces of the Daulah Islamiyah, who threatened reprisal for the …

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‘Betty’ slows, NCR on ‘Bravo’

Luzon feels ‘habagat’ winds; Metro Manila at moderate risk for flooding STORM WATCH. An officer of the Philippine Coast Guard (PCG) Station Cagayan monitors the weather, sea conditions, and flood warning system in flooded areas in his part of Northern Luzon to ensure the quick and safe evacuation of residents …

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