Category: General

Manila: The local bourse slightly increased as investors got confident about third quarter financial results of firms and the central bank’s policy easing, but the peso continued to depreciate on Tuesday’s trading. The Philippine Stock Exchange index (PSEI) inched up by 0.09 percent to 7,413.16, with All Shares also going up by 0.13 percent to 4,085.50. Counters were mixed with those in the green territory including Services (+1.21 percent) and Industrial (+0.69 percent). Sectors that closed in the red were Financials (-0.50 percent), Property (-0.41 percent), Holding Firms (-0.30 percent), and Mining and Oil (-0.16 percent). ‘Tuesday’s gains are seen

MALASIQUI, Pangasinan – The province of Pangasinan was placed under blue alert on Tuesday after Tropical Cyclone Wind Signal No. 1 was raised due to Tropical Storm Kristine. Assistant Director Pia Flores of the Provincial Disaster Risk Reduction and Management Office Emergency Operations Center said in a phone interview that 70 percent of their search and rescue teams are on standby for possible deployment. Blue alert status means half of disaster officials must be on standby to ensure that there will be enough manpower in case of an emergency. ‘Rescue assets are prepositioned in strategic areas in the province,” she

BUTUAN CITY – The Department of Social Welfare and Development (DSWD) in Caraga has mobilized relief resources as Tropical Storm Kristine threatens the region. In a statement, DSWD-13 reported it has prepositioned over PHP75.6 million worth of food and non-food items and PHP3 million in standby funds. The agency said it has 7,918 family food packs (FFPs) stored in regional warehouses and an additional 105,204 FFPs prepositioned in various local government unit (LGU) facilities. There are also 31,168 non-food items ready for distribution as needed. “The agency is fully prepared to respond to emergencies,” DSWD-13 said, adding it is coordinating

SAN JOSE DE BUENAVISTA, Antique – The coconut-based products produced by farmers and processors in the province of Antique have a promising market. ‘The coco-based products have a good acceptance in the market that we encourage more processors to engage on it,’ Department of Trade and Industry provincial director Mutya Eusores said during Hinun-anon (media conference) on Tuesday. Among their products with good market potential are coco cookies, virgin coconut oil (VCO), coco peat, and coco lampshade. To encourage more processors, Eusores said the DTI holds training for associations of coconut farmers. DTI Antique Industry Development Unit head Gevi Kristina

Manila: The Regional Trial Courts (RTC) of Pasig and Quezon City granted on Tuesday the request of the Senate to allow Kingdom of Jesus Christ (KOJC) leader Apollo Quiboloy to appear before the Committee on Women, Children, Family Relations and Gender Equality’s resumption of its inquiry into the alleged abuses within the religious organizations on Oct. 23. Pasig RTC Branch 159 acting presiding judge Rainelda Montesa ordered the Pasig City Jail and the Philippine National Police’s Custodial Center to escort Quiboloy and co-accused Jackielyn Roy, Cresente Canada, Ingrid Canada, Paulene Canada, and Sylvia Cemanes to the Senate in Pasay City