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Month: August 2024

11 dead in Binondo building fire

MANILA: A fire razed a five-story building in a commercial district in Binondo, Manila on Friday morning, killing 11.

Investigators from the Bureau of Fire Protection (BFP) said the fire started at around 7:28 a.m.at the ground floor of the Pingco Bu…

PBBM names new acting DTI chief

MANILA: President Ferdinand R. Marcos Jr. has designated Trade Undersecretary Ma. Cristina Roque as Acting Secretary of the Department of Trade and Industry (DTI), Malacañang announced on Friday.

The Presidential Communications Office (PCO) announced…

DOE eyes reserve market resumption on Aug. 5

MANILA: The Department of Energy (DOE) is set to restart the reserve market early this month.

In a statement Friday, the agency said it directed the Independent Electricity Market Operator of the Philippines (IEMOP) to coordinate with the Energy Regu…

Innovation Council OKs initiatives to develop PH ecosystem

MANILA: The National Innovation Council (NIC) recently approved several critical initiatives to enhance the country’s innovation ecosystem and address critical barriers to development.

In a statement on Friday, the National Economic and Development A…

Economy grew 6% in Q2

MANILA: The Philippine economy likely grew at 6 percent in the second quarter of the year, an economist said on Friday.

In a Viber message, Rizal Commercial Banking Corporation chief economist Michael Ricafort said drivers of growth include the highe…

2 bettors bag jackpots in separate Lotto draws

MANILA: Two bettors from the provinces of Laguna and Cavite bagged the jackpot prizes in two separate Lotto draws on Thursday, the Philippine Charity Sweepstakes Office (PCSO) said on Friday.

In an advisory, the PCSO said a bettor guessed the winning…