Philippines

MANILA – The Philippine Stock Exchange (PSE) on Monday has suspended the ABS-CBN Corp trading of shares to give time to the network to inform investors on how the denial of franchise renewal application could affect the company’s business moving forward. The PSE said in an advisory that the local bourse have suspended the Philippine Depositary Receipts (PDRs) of the …

President Rodrigo Duterte is not authorized to designate groups as terrorist organizations under the new Anti-Terror Law, says Senator Panfilo Lacson According to the senator, Under the new act, Only the Court of Appeals or the Anti-Terrorism Council (ATC) will have the authority to declare if one organization is a terrorist group. Lacson made the comments after Duterte declared that …

MANILA – With the franchise renewal application of ABS-CBN denied by the House of Representative, Vice President Leni Robredo urged the public to remember the names of the representatives who voted against the renewal and hold them accountable. [A] Pahayag ni Vice President Leni Robredo ukol sa pagbasura ng Kamara sa franchise renewal ng ABS-CBNFull text here: https://t.co/BH8ZRQklor pic.twitter.com/0fySxewzE5— Leni …

MANILA – Hidilyn Diaz continues to ramp up her preparations for the remaining qualifiers on the Tokyo Olympics, setting a personal record in backs squats. The 2016 Olympic silver medalist lifted a personal record of 161 kilograms in back squat to show how she’s serious she is in staying in form amid the rescheduleding of the Olympics due to the …

MANILA – The House of Representatives Committee on Legislative Franchises on Friday denied the franchise bid of media giant ABS-CBN after a series of hearings. In a vote of 70 to 11, the Legislative franchise committee has crushed the network’s hope to continue its operations under a fresh franchise. According to the legislators, they have voted to deny the application …

Jinkee Pacquiao and Agot Isidro trended to Philippine Twitter for an Instagram bicycle message. Six days ago Jinkee took to Instagram to give a glimpse of her trendy luxury bicycles to her fans. “His and Hers,” Jinkee wrote in her picture caption of her Hermes and Louis Vuitton wheel, respectively in pastel pink and cream colours. Its not just a …

MANILA – The Philippine government are currently in talks with the new potential proponents for the PHP102-billion redevelopment and rehabilitation of the Ninoy Aquino International Airport (NAIA). The NAIA consortium sent a letter to Finance Secretary Carlos Dominguez III on Wednesday, informing him that the current situation and lack of resources to push through with the project due to the …

MANILA – President Rodrigo Duterte has made it clear that communist are considered terrorists under the new anti-terror law, while assuring law-abiding citizens not to fear the controversial measure. According to Duterte, Communist like to be treated with another set of law when in fact they are terrorist. He also said that he’s trying to figure out how to connect …

MAKATI CITY – Makati Police raided a condominium suspected as a base for allegedly being involved in illegal Philippine Offshore Gaming Operators (POGO). A Myanmar national and 50 Chinese nationals were nabbed by the operatives in an anti-illegal gambling operation in the business district. According to Southern Police District (SPD), the local police conducted the raid on the fifth floor …

METRO MANILA – Quezon City Mayor Joy Belmonte announced on Wednesday, July 8 that she tested positive for coronavirus disease (COVID-19). Pahayag ni Quezon City Mayor Joy Belmonte: pic.twitter.com/ixmaoumsCa— Quezon City Government (@QCGov) July 8, 2020 According to Belmonte, she is not experiencing any symptoms so far. She said she expected to get the virus given her work of visiting …