Philippines drops 5 notches in global financial dev't index

MANILA, Philippines - The Philippines dropped five notches in this year’s edition of an annual survey of countries monitoring financial development, which saw the country fell in terms of financial stability and services. Despite retaining its score of 3.1 from last year, the country fell to 49th out of 62 nations from 44th on the World Economic Forum’s (WEF) Financial Development Report released this month. The report, a copy of which was uploaded at WEF’s website, was conducted for the fifth year by the WEF’s Industry...

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Good weather over PHL, but light rain and big waves expected from NE monsoon

Most of the country will experience sunny weather, but the northeast monsoon or "Hanging Amihan" will bring light rains to eastern areas. Small seacraft in Northern Luzon have been warned of big waves, also due to the monsoon.   "With no development of any tropical weather disturbance expected for the next several days, the whole country will continue to experience generally clear skies except over the eastern sections of the archipelago, where light rains will prevail due to the prevailing northeasterly wind flow. Coastal waters...

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Comelec disqualifies Mikey Arroyo’s Ang Galing Pinoy

MANILA, Philippines—The party-list group of Juan Miguel “Mikey” Arroyo, Ang Galing Pinoy,  is the latest to get the axe along with Alab ng Mamamahayag (Alam), the Commission on Elections announced Tuesday. Comelec Chairman Sixto Brillantes Jr. said the two failed to meet the requirements for representing marginalized sectors in the House of Representatives. Ang Galing Pinoy claims to represent security guards, tricycle drivers, farmers and small businessmen. Its representative is Mikey Arroyo, son of former president and incumbent...

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Police gear up for Arroyo’s arraignment on plunder

POLICEMEN have been deployed as early as Sunday to secure the premises of the anti-graft court Sandiganbayan in Quezon City, where former President Gloria Macapagal-Arroyo is set to be arraigned on plunder charges on Monday. Radio reports said bomb disposal units of the Philippine National Police (PNP) have been stationed at the Sandiganbayan while some policemen will be tasked to secure the route between the Veteran’s Memorial Medical Center (VMMC), where Arroyo is currently detained, and the court. “The PNP will be on hand to make sure...

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3 Marines Killed In Sulu Clash

MANILA, Philippines --- Five were killed, including three Marines and two armed men believed to be members of the Abu Sayyaf Group (ASG), in an encounter yesterday morning in Patikul, Sulu. Lt. Col. Randolph Cabangbang, the military’s Western Mindanao Command (Wesmincom) spokesman, said 10 soldiers were also wounded in the firefight that took place around 6:30 a.m. at Barangay Bakong in Patikul town. According to Cabangbang, elements from the Marine Battalion Landing Team 6 (MBLT6) engaged an undetermined number of Abu Sayyaf men under...

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Philippines urged to recall ‘cancer-causing’ Korean noodles

CHEMICAL watchdog EcoWaste Coalition called on the Philippine Food and Drug Administration (FDA) to also follow the recall order of the Korea Food and Drug Administration (KFDA) over Korean noodles found positive for a cancer-causing substance. Similar actions have already been made by Chinese, Taiwanese, Hong Kong authorities as the group said there is no reason for the Philippines not to pull out the items from store shelves. “We request our local FDA to look into this food safety issue and take appropriate action,” said EcoWaste Coalition's...

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