Absalon mom appeals to PRRD to end communist terrorism

  The mother of the slain Far Eastern University football player is appealing to President Rodrigo Duterte to put an end to the communist terrorist groups (CTG). Vilma Absalon, mother of student-athlete Kieth, a victim of anti-personnel mine (APM) explosion, said the Communist Party of the Philippines-New People’s Army (CPP-NPA) should never be tolerated by…

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Palace vows more funding for gov’t nurses back wages

  – The national government will look for sources of funding for the backpay of government nurses, Malacañang assured on Thursday. Presidential Spokesperson Harry Roque said the concerned executive departments will comply with the Supreme Court (SC) ruling increasing government nurses’ salaries even if the administration has yet to find sources of funding for their…

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Stocks, peso weaken on possible Fed rate hike in ’23

The local stock barometer and the peso declined Thursday after the Federal Open Market Committee (FOMC) kept the Federal Reserve’s key rates steady although US monetary officials see possible hikes starting in 2023. The Philippine Stock Exchange index (PSEi) dropped by 1.23 percent, or 85.43 points, to 6,887.92 points. This performance was mirrored by all…

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BOC-10 destroys P75-M cigarettes from China

  Makers of illegally imported cigarettes are resorting to another tactic by making it look like the products they are shipping to the country is locally manufactured by labeling cigarette boxes with “Made in the Philippines,” an officer of the Bureau of Customs-10 (BOC-10) said Wednesday. This was the revelation of Oliver Valiente, chief of…

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