PHILIPPINE shares are expected to trade within a narrow range this week with an upward bias following the release of May inflation data, which showed that the average rise in prices was steady for a third straight month. The Philippine Stock Exchange index (PSEi) went up by 4.47 points or 0.06% to close at 6,796.34 on Friday, while the broader ...

A MILLION more doses of CoronaVac from China arrived in Manila on Sunday, in a boost to the government’s vaccination drive. The vaccines would be given out in areas experiencing a fresh surge in coronavirus infections including Metro Manila, Zamboanga, Cagayan de Oro, Butuan and provinces in Western Visayas, vaccine czar Carlito G. Galvez, Jr. told reporters on Sunday. This ...

By Kyle Aristophere T. Atienza, Reporter THE POLITICAL opposition should set aside their differences and welcome traditional politicians opposed to the ruling administration to defeat the latter’s bets in the 2022 elections, analysts said. The opposition camp should embrace politicians who had “supported the Duterte administration but now realized that it is not worth supporting anymore,” said Antonio P. Contreras, ...

THE MINDANAO Development Authority (MinDA) has taken a stand against the privatization of the Agus-Pulangi Hydropower Complex, a major green energy source that is due for rehabilitation that could cost up to P20 billion. In a statement on Sunday, Secretary Emmanuel F. Piñol said MinDA is putting forward a “policy push to keep the ownership and control of the state-owned ...

A SUSPECTED bomb-maker of the Islamic State-linked Abu Sayyaf group was killed Saturday morning by police after allegedly resisting arrest based on a court-issued warrant. In a statement on Sunday, Police chief Guillermo T. Eleazar identified the suspect as Aroy “Oroy” Ittot whom he described as “one of the trusted bomb-makers” of the late Abu Sayyaf leader Furuji Indama. “During ...

A GROUP of more than 300 members of an indigenous people (IP) community originally from the country’s south, suspected to have been brought to Manila “by a syndicate for manual labor,” were rescued Friday upon their arrival at the port. The Inter-Agency Council Against Trafficking, in a statement on Sunday, said the 303 people from the Badjao ethnic community arrived ...

A SHIPMENT declared as “paper hand towel” but contained over 2,500 reams of cigarettes bound for Australia was seized at the Ninoy Aquino International Airport in Manila, the Bureau of Customs announced Sunday. In a statement, the agency said the cargo was “commissioned for export by a local company based in Novaliches, Quezon City, to South Geelong Victoria, Australia.” The ...

CEBU’s ban on selling live hogs outside the province, in effect until end-July, could be lifted earlier as local supply and market prices have stabilized, Governor Gwendolyn F. Garcia announced last week. “Right now, I believe we have really enough supply such that we can send out live hogs again,” Ms. Garcia said partly in Filipino during a press conference ...

A NEW species of mistletoe, a family of plants more commonly known to have red or white flowers, was recently discovered at the  Mt. Hamiguitan Range Wildlife Sanctuary in Davao Oriental. The Environment department’s regional office announced the discovery over the weekend in time for the celebration of World Environment Day on June 5. It is named Amylotheca cleofei, after ...

THE SENATE majority hopes to approve on third reading by August two priority economic measures that will ease restrictions on foreign investors. Senate President Vicente C. Sotto III said in a Viber message that the chamber will prioritize Senate Bill (SB) No. 2094, which proposes to amend the Public Service Act (PSA) and SB 1156 which will do the same ...