Author: Herminio Racelis
-
Philippines Exits FATF Grey List; Marcos Praised for Pivotal Role
On Saturday, Malacañang lauded President Ferdinand Marcos Jr. for his decisive leadership that paved the way for the Philippines’ removal from the Financial Action Task Force (FATF) grey list. Claire Castro, Palace press officer and Presidential Communications Office Undersecretary, emphasized that President Marcos spearheaded essential policy reforms that significantly boosted the country’s defense against money…
Written by
-
Philippines to Experience Predominantly Fair Weather Over the Weekend
MANILA, Philippines — The state weather bureau has forecasted predominantly fair weather conditions across the Philippines for the upcoming weekend. According to Obet Badrina, a specialist with the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa), citizens can anticipate generally pleasant weather across the nation. This forecast comes as a relief to many, ensuring a…
Written by
-
Philippine Stocks Stagnant, Peso Gains Ground Against Dollar
In Manila, the Philippine stock market concluded the day with minimal changes, while the peso saw a notable appreciation against the US dollar. The Philippine Stock Exchange index (PSEi) experienced a slight decline of 0.03 percent, closing at 6,095.97. Similarly, the All Shares index dropped by 0.14 percent to 3,655. According to Luis Limlingan, head…
Written by
-
Charges Filed in Naga Doctor’s Murder Case
In a significant development in the investigation into the murder of a doctor in Naga City, the Bicol Police Regional Office (PRO-5) has officially charged the suspect, Raymart Martinez, with murder. The 34-year-old from Barangay Concepcion Pequeña was the boyfriend of the victim, Dr. Rajean Monnette Romualdez, who was discovered deceased in her parked car…
Written by
-
Philippines’ Exit from FATF Grey List Boosts Appeal for Foreign Direct Investment, Says AMLC
MANILA – The recent removal of the Philippines from the Financial Action Task Force’s (FATF) grey list is poised to significantly enhance the country’s allure as a prime destination for foreign direct investment (FDI), according to the Anti-Money Laundering Council (AMLC). This development marks a pivotal moment in the nation’s ongoing efforts to combat money…
Written by
-
Senatorial Hopeful Abalos Promises Boost for Negros Oriental Tourism with New Airport
In a bold move to enhance the tourism sector, Alyansa Para sa Bagong Pilipinas senatorial candidate Benjamin Abalos Jr. has pledged his support for the development of tourism in Negros Oriental. Speaking at a press conference in Dumaguete City, the former Interior and Local Government chief expressed his enthusiasm for the proposed PHP17 billion Dumaguete…
Written by
-
Japanese Company Boosts Philippine Manufacturing with PHP1.8 Billion Investment
In a significant move to enhance its manufacturing capabilities, Japanese company P.Imes Corp. has committed an additional PHP1.8 billion to expand its operations in the Philippines. The investment will specifically target the expansion of the medical equipment suspension assembly production at the Cavite Economic Zone, as announced by the Philippine Economic Zone Authority (PEZA). On…
Written by