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NKorea ‘already starting’ denuclearization – Trump

WASHINGTON, D.C.: North Korea has already begun its denuclearization, US President Donald Trump said Thursday, after many observers greeted with skepticism the results of his historic meeting with the North’s leader Kim Jong Un. “They’ve already blown up one of their big test sites. In fact, it was actually four of their big test sites. [...] The post NKorea ‘already starting’ denuclearization – Trump appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

US designer Kate Spade mourned at hometown funeral

CHICAGO: Friends and loved ones said goodbye Thursday to American fashion designer Kate Spade at a funeral in Kansas City, Missouri, birthplace of the 55-year-old who committed suicide two weeks ago. Spade was one of the biggest names in American fashion, known especially for her sleek handbags. An additional tragedy befell the family hours before [...] The post US designer Kate Spade mourned at hometown funeral appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Japan halts missile drills

TOKYO: Japan is suspending evacuation drills simulating a North Korean missile attack after historic talks between Washington and Pyongyang, its top government spokesman said on Friday. The decision comes after US President Donald Trump and North Korea’s leader Kim Jong Un met last week in Singapore and signed a joint document calling for the denuclearisation [...] The post Japan halts missile drills appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Road reblocking, repairs in parts of Metro Manila June 22-25

THE Department of Public Works and Highways (DPWH) will undertake road reblocking and repairs starting at 11 p.m. this Friday until Monday, June 25, The Metropolitan Manila Development Authority (MMDA) said on Friday. For southbound motorists, affected roads are Edsa after Arayat St. (3rd lane from the sidewalk) Service Road and Edsa infront of Francesca Tower to after Scout Borromeo [...] The post Road reblocking, repairs in parts of Metro Manila June 22-25 appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Lawyer, security guard shot dead in Rizal subdivision

A LAWYER was shot dead in his home in Rizal on Thursday, police said on Friday. Four unidentified men fired at Joey Galit, 62, as he and his wife were about to leave Apple 1 Subdivision on board their vehicle. A security guard, identified as Jesus Mateo, was also killed when he tried to stop [...] The post Lawyer, security guard shot dead in Rizal subdivision appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

House eyes probe on ‘tambay’s’ death

AN investigation into the death of an inmate following his arrest during an “anti-tambay” (anti-loitering) campaign in Quezon City is being pushed at the House of Representatives. Rep. Jose Christopher “Kit” Belmonte made the call under House Bill 1968, which he filed late Thursday, citing an “urgent need to investigate the rising number of illegal arrests [...] The post House eyes probe on ‘tambay’s’ death appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Duterte’s anti-crime efforts gain ‘significant strides’ — Palace

THE decline in the number of families victimized by common crimes showed “significant strides” in President Rodrigo Duterte’s anti-crime campaign and a big “boost to the morale” of law enforcers, his spokesman said. “Crimes continue to decline,” Secretary Harry Roque said in a statement, following a survey, which showed that fewer families have reported falling [...] The post Duterte’s anti-crime efforts gain ‘significant strides’ — Palace appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Cayetano, Pompeo meet, discuss Duterte foreign policy, sea row, Korea

FOREIGN Affairs Secretary Alan Peter Cayetano and Secretary of State Mike Pompeo met in Washington for the first time and discussed how to further strengthen Philippines and United States (US) partnership, including their defense alliance. Ambassador to Washington Jose Manuel Romualdez in a statement said the meeting allowed Cayetano the opportunity to share with Pompeo [...] The post Cayetano, Pompeo meet, discuss Duterte foreign policy, sea row, Korea appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

PH military modernization a ‘waste of money,’ says exiled communist leader

EXILED Communist Party of the Philippines (CPP) founder Jose Maria “Joma” Sison branded the Armed Forces of the Philippines’ (AFP) modernization program, as a “waste” of government funds. “[Duterte] is wasting tax money and borrowed funds for counter-productive purposes,” the communist leader said in a Facebook post on Thursday night. “Duterte imagines that he has all the [...] The post PH military modernization a ‘waste of money,’ says exiled communist leader appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Dutch bust ‘made-to-order’ Philippine child sex gang

THE HAGUE — Dutch police said Thursday they helped crack a child sex abuse ring in the Philippines offering babies as young as five months for “made-to-order” online pedophilia cases. With the help of Australian officers, a Dutch policeman, who has been specially stationed in Manila to clampdown on child sex tourism, rescued 18 children [...] The post Dutch bust ‘made-to-order’ Philippine child sex gang appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 22nd, 2018Related News

Bolts’ airtight defense to be tested vs TNT

Meralco’s rock-solid defense will be tested against the offensive prowess TNT KaTropa today in Season 43 Philippine Basketball Association (PBA) Commissioner’s Cup at the Araneta Coliseum. Fresh from halting Alaska’s seven-game winning run last Sunday (89-74), the Bolts are now eyeing the two twice-to-beat quarterfinal incentives in their 7 p.m. encounter with the KaTropa. GlobalPort [...] The post Bolts’ airtight defense to be tested vs TNT appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Biggest shake-up coming for insurance accounting

International Financial Reporting Standard (IFRS) 17, Insurance Contracts, is considered the biggest shake-up in insurance reporting for decades, affecting all insurers reporting under IFRS. The International Accounting Standards Board (IASB) released the final standard internationally in May 2017. The Financial Reporting Standards Council (FRSC) locally adopted it in March 2018. It will be effective January [...] The post Biggest shake-up coming for insurance accounting appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Interconnection project to start this year – NGCP

THE National Grid Corp. of the Philippines (NGCP) is set to begin its P51.9-billion Mindanao-Visayas Interconnection Project (MVIP) this year. In a statement on Thursday, the grid operator said the construction of the facility linking the Mindanao grid to the Luzon-Visayas grid was expected to last two years. “The benefits…will come not just when the [...] The post Interconnection project to start this year – NGCP appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Grappling for direction

Last Monday was a bloodbath that dragged down the Philippine Stock Exchange index (PSEi) to a 14-month low at 7,414.11. The fall continued on Tuesday with the market closing again lower at 7,312.61 following the global sell-off due to the increasing tension in the brewing trade war between the US and China wherein US President [...] The post Grappling for direction appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Retained earnings not for preferred shareholders

STA. Lucia Land Inc. (SLI) disclosed in a posting on the website of the Philippine Stock Exchange its retained earnings of P3.727 billion as of March 31, 2018, up from P3.462 billion as of Dec. 31, 2017. Despite this, SLI common shares opened trading at P1.10 per common share, its session’s high and dropped to [...] The post Retained earnings not for preferred shareholders appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Flagship infra projects set to start construction

TEN flagship infrastructure projects worth more than P59 billion will move into the construction stage this year, Finance department data showed. The biggest is the P35.257-billion Mindanao Rail Project (Phase 1)-Tagum Davao Digos Segment, which involves the construction of 102-kilometer, non-electrified, single-track rail running through Digos, Davao City and Tagum in Region XI. The project [...] The post Flagship infra projects set to start construction appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

NTC to redraw rules for third telco

Regulators have been told to redraft the terms of reference (TOR) for a third telco player, further delaying the selection of a challenger to the PLDT-Globe duopoly. Eliseo Rio, officer in charge of the Department of Information and Communications Technology, said an oversight committee had ordered the National Telecommunications Commission (NTC) to prepare new auction [...] The post NTC to redraw rules for third telco appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Four mining firms fail review – official

Four mining companies have failed to meet standards set by the Mining Industry Coordinating Council (MICC) during a preliminary review. MICC member and Finance Undersecretary Bayani Agabin declined to identify the firms but said they were among the 27 whose operations were ordered suspended or closed by the Department of Environment and Natural Resources (DENR) [...] The post Four mining firms fail review – official appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

Another rate hike unlikely – HSBC

The Bangko Sentral ng Pilipinas (BSP) will not need to hike interest rates further this year should Congress pass a proposed law that is expected to lower rice prices, banking giant HSBC said. “[P]assage of a government proposal to end quantitative restrictions (QR) on rice imports should put downward pressure on headline prices and help [...] The post Another rate hike unlikely – HSBC appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News

PSEi drops to 7,000, now in bear territory

THE stock market threatened to fall below 7,000 on Thursday as it cemented a drop into bear territory, with investors said to have been disheartened by a Bangko Sentral ng Pilipinas (BSP) rate hike. The bellwether Philippine Stock Exchange index (PSEi) plunged to a 17-month low, losing 163.47 points or 2.25 percent to end the [...] The post PSEi drops to 7,000, now in bear territory appeared first on The Manila Times Online......»»

Source: Manilatimes_net Manilatimes_netCategory: NewsJun 21st, 2018Related News