Search
Close this search box.
Search

Month: August 2024

Oil siphoning from MTKR Terranova begins – PCG

MANILA: Oil siphoning from one of eight tankers of the sunken MTKR Terranova began Wednesday following an oil removal test by the contracted salvor.

In a situation report, Philippine Coast Guard (PCG) Lt. Commander Michael John Encina said the salvor…

DOJ goes after Batangas petrol pilfering syndicate

MANILA: Department of Justice (DOJ) Secretary Jesus Remulla on Wednesday said the government is going after a criminal syndicate based in Batangas province which has cornered the black market for pilfered petroleum products causing billions of pesos i…

Starbucks ousts CEO Laxman Narasimhan

ANKARA: Starbucks announced Tuesday it is replacing chief executive officer (CEO) Laxman Narasimhan with Brian Niccol, the chairman and CEO of the fast-food restaurant chain Chipotle, amid a plunge in sales.

Niccol will take the helm on Sept. 9 while…

Japan debt watcher upgrades PH’s credit rating

MANILA: Japan’s Rating and Investment Information, Inc. (R and I) on Wednesday upgraded its credit rating for the Philippines to A- with stable outlook, citing the country’s macroeconomic stability, high economic growth path, and improvement in fiscal…

PNP chief orders review of ‘Oplan Double Barrel’

MANILA: Philippine National Police (PNP) chief Gen. Rommel Francisco Marbil on Wednesday ordered a review of the ‘Oplan Double Barrel’ anti-drug strategy.

In a statement Wednesday, Marbil said this is to evaluate the effectiveness of the program, ide…