Day: February 28, 2020

Antimoney laundering body to check Chinese millions

MANILA, Philippines — President Rodrigo Duterte’s chief economic manager on Friday said he has asked the Anti-Money Laundering Council (AMLC) to look into Chinese citizens who had brought huge amounts of money into the country. Finance Secretary Carlos Dominguez III said he was “familiar with the issue” raised by Sen. Richard Gordon, who revealed to […]

Philippine Airlines cuts 300 jobs as losses mount

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) has laid off 300 ground-based administrative and management personnel in a bid to cut costs amid declining demand because of the COVID-19 outbreak. The country’s largest airline said in a statement on Friday it had completed a business restructuring plan to increase revenues and reduce costs, including […]

DOT holding shopping festival as DOH airs caution

MANILA, Philippines — The Department of Tourism (DOT) prepared to launch on Sunday the first Philippine Shopping Festival across the country during the whole month of March to shore up sagging tourism receipts. But concerned about the possibility of locally transmitting the deadly coronavirus, Health Secretary Francisco Duque III discouraged the public from going to […]

DOF: Only registered imported vapes can enter PH

CIGARETTE ALTERNATIVE A man uses a vape in a smoking area in Makati City. —RICHARD A. REYES MANILA, Philippines — Registered imported electronic cigarettes can now enter the country without a hitch after President Rodrigo Duterte issued Executive Order No. 160. Finance Secretary Carlos Dominguez III on Friday noted that EO 160 did not ban […]

Court sheriffs take possession of Peco’s assets

ILOILO CITY — In an unprecedented move, court sheriffs started taking possession of expropriated power distribution assets of the Panay Electric Co. (Peco) on Friday before turning it over to More Electric Corp. (More Power). Tensions rose at the Peco office and the main substation along General Luna Street here, after the administrative building was […]

Earth formed much faster than previously thought

By measuring iron isotopes, researchers from the University of Copenhagen have shown that our planet originally formed much faster than previously thought. This finding provides new insights on both planetary formation and the likelihood of water and life elsewhere in the universe. They may not look like much, but CI chondrites – small fragile meteorites […]

PACC chair Dante Jimenez is new antidrug czar

MANILA, Philippines — Anticrime advocate and Presidential Anti-Corruption Commission (PACC) chair Dante Jimenez is the country’s new anti-drug czar. President Rodrigo Duterte has named Jimenez as cochair of the Inter-Agency Committee on Anti-Illegal Drugs, a post briefly held by opposition leader and Vice President Leni Robredo last year. ADVERTISEMENT Malacañang on Friday released a list […]

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