Palace tells Filipinos, foreign nationals: PH is generally safe

Inquirer.net 11/04/2017

Malacañang on Saturday assured the public and foreign travelers that there are no heightened terror threats in the Philippines and maintained that it is generally safe to stay and do business in the country. “The Philippine government…

Finance chief: Duterte foreign trips to bring in $59.3B economic gains

Inquirer.net 10/11/2017

Even as foreign direct investment (FDI) lagged so far this year, economic managers were optimistic of the gains from President Rodrigo Duterte’s overseas visits, which they said will bring in $59.3 billion in economic benefits. Finance Secretary…

Innovate to compete against foreign firms, MSMEs urged

Victor Anthony V. Silva 10/09/2017

LIBERALIZING RETAIL INDUSTRY Following the announcement of the government to further liberalize the retail industry in the Philippines, a retail sector leader in Cebu urged local micro, small, and medium enterprises (MSMEs) to step up their game…

Gov’t eyes more foreign equity as FDI drops

Inquirer.net 09/20/2017

The government is looking at raising the maximum stake of foreign investors in a dozen sectors and business activities to shore up foreign direct investment (FDI) amid a year-to-date drop, the country’s chief economist said Wednesday. Socioeconomic…

Foreign banks’ entry to spur competition

Victor Anthony V. Silva 08/29/2017

WHILE the entry of more foreign banks into the Philippines would benefit the banking public, this development is also expected to stiffen the competition among financial institutions. Maximo Rey Eleccion, past president of the Cebu Bankers Club…

PH taps foreign banks for Marawi rehab efforts

Inquirer.net 08/28/2017

Multilateral lenders Asian Development Bank (ADB) and World Bank will lead foreign donors in helping the Philippine government in the rehabilitation of war-torn Marawi City, the country’s chief economist said. “They will be providing assistance and they…

Foreign military divers join search

Norman Mendoza 06/22/2017

FOREIGN military divers believed to be from the US Navy were seen joining the search and retrieval operations for the body of Bien Unido Mayor Gisela Boniel. This was revealed by Senior Supt. Rommel Cabagnot, who heads…

Tabal to cut short foreign training

Glendale G. Rosal 06/12/2017

MARYJoy Tabal’s scheduled two-month training abroad will be cut short so she could deal with her reinstatement bid with the Philippine Athletics Track and Field Association (Patafa). Tabal, who is scheduled to train in Tuscany, Italy and…

Foreign runners rule dyAB Kapamilya Run

Glendale G. Rosal 06/11/2017

FOREIGN runners ruled the dyAB 1512 Kapamilya Run half Marathon yesterday at the Terraces in Ayala Center Cebu. Canadian April Lynn topped the female division of the 21-kilometer race by clocking one hour, 42 minutes and 54…

Police: Gunman foreign-looking but spoke straight Filipino

Inquirer.net 06/03/2017

Police on Saturday assured that it would determine the nationality and identify as soon as possible the lone gunman who terrorized the upscale Resorts World Manila casino in Pasay. In a news conference organized by Resorts World,…

The sweet life with Raquel Choa

Cris Evert Lato-Ruffolo 05/23/2017

It was the perfect Saturday night in March for a gathering of about a hundred Philippine ambassadors, their spouses, and Foreign Affairs officials in a private residence atop the mountain barangay of Pung-ol, Cebu City. Crispy prawns,…

Foreign visitors dock in Oslob

Michelle Joy L. Padayhag 01/16/2017

About 31 foreign visitors arrived safely in Oslob town in southern Cebu on board a colorum banca despite the heavy downpour and zero sea visibility, the Philippine Coast Guard (PCG) Cebu station said yesterday. PCG-Cebu Commander Dionlett…

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