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Day: July 29, 2024

Eastern Samar NPA fighter yields after leader’s death

TACLOBAN CITY: The death of a squad leader of the New People’s Army (NPA) in Eastern Samar has persuaded a fighter to voluntarily surrender and turn over firearms to the authorities, the Philippine Army reported on Monday. The Army’s 78th Infantry Battalion (78IB) said that Lando Yape, alias Rose, a combatant of the recently dismantled Apoy platoon, turned himself in to soldiers on Saturday after learning about the death of their leader. He also surrendered his firearms and other war materiel in Barangay Domrog, General MacArthur town in the province of Eastern Samar. Yape turned over two M16 rifles, 10

Davao doctors: Learn CPR, save lives

DAVAO CITY: Physicians here urged the public on Monday to learn how to perform cardiopulmonary resuscitation (CPR) to save lives, especially out-of-hospital cardiac arrests. In a press briefing, Dr. April Anne Rivamonte-Delola, a consultant at the Department of Emergency Medicine at Southern Philippines Medical Center (SPMC), said at least one person in households must know CPR as cardiac arrests may happen at home. She said SPMC recorded 32 out-of-hospital cardiac arrests in June and only 22 percent survived. ‘I don’t have the statistics on how many people have undergone CPR but based on the data, around 30 percent have performed

OP seeks lower 2025 budget; confidential, intel funds unchanged

MANILA: The Office of the President (OP) is seeking a budget of PHP10.4 billion for next year, almost PHP200 million lower than its budget for 2024. According to the 2025 National Expenditure Program (NEP) posted on the Department of Budget and Management (DBM) website, the OP is proposing a total budget of PHP10,446,475,000, lower than 2024’s PHP10,645,573,000. Under OP’s spending plan, PHP1,274,479,000 is allocated for personnel services; PHP7,955,419,000 for maintenance and other operating expenses; and PHP1,216,577,000 for capital outlay. Meanwhile, there is no change in the OP’s proposed confidential and intelligence funds worth PHP4.56 billion, of which PHP2.250 billion was

MIAA: Plan to shut down NAIA Terminal 4 remains uncertain

MANILA: The Manila International Airport Authority (MIAA) on Monday clarified that there is no definite plan yet to close the Ninoy Aquino International Airport (NAIA) Terminal. MIAA acting General Manager Eric Ines told the Philippine News Agency that closing the terminal is unlikely to happen at the moment, but added there was an initial thought of shutting it down and expanding the Runway 13/31. “As we speak, the San Miguel Corp. (SMC) has not informed us if such a plan would push through. They initially thought of closing the Terminal 4 to expand the Runway 13/31,” he said. SMC leads

PSEi, peso decline on Monday’s trading

MANILA: Both the local stock market and currency declined on the first day of trading this week. The Philippine Stock Exchange index (PSEi) fell by 1.14 percent to 6,649.23 points, while All Shares also decreased by 0.68 percent to 3,605.33. Among sectoral indices, only the Industrial counter closed in the green territory, higher by 0.16 percent finishing at 9,174.50 level. Financials had the biggest drop for the day, declining by 2.65 percent; followed by Mining and Oil, down by 1.18 percent; Property, down by 0.90 percent; Services, down by 0.84 percent; and Holding Firms, down by 0.51 percent. Philstock Financials,