FedEx to ramp up size in PH with fresh investments

MANILA: US logistics company Federal Express Corp. (FedEx) confirmed its expansion in the Philippines by signing an agreement with Clark International Airport operator Luzon International Premiere Airport Development (LIPAD) on Thursday.

With the fre…

Cebu LGUs to create own local social welfare centers

CEBU CITY: The provincial government will allocate PHP3 million to each of the 50 local government units (LGUs) in Cebu to establish their respective social welfare and development centers.

Governor Gwendolyn Garcia said the centers, to be manned by …

DA exec to animal raisers: Strengthen biosecurity measures

BAGUIO CITY: The Department of Agriculture (DA) – Cordillera has advised animal raisers to always observe biosecurity measures to protect themselves against animal disease.

Dr. Leisley Deligen, officer in charge of the DA-Cordillera’s regulatory divi…

BMI: Fed cuts to pave way for peso appreciation

MANILA: Fitch Solutions unit BMI on Thursday said interest rate cuts in the United States will pave the way for a rebound in the peso which has so far weakened by nearly 6.2 percent.

“Constant repricing of interest rate expectations in the US has led…

City council probes presence of illegal aliens

ILOILO CITY: The Sangguniang Panlungsod (SP) will convene as a committee of the whole to investigate the reported presence of several illegal immigrants here.

This developed as Councilor Romel Duron pushed for a resolution calling for an investigatio…

PNP internal affairs body warns vs. poseur agents

MANILA: The Philippine National Police – Internal Affairs Service (PNP-IAS) on Thursday warned the public against individuals posing as its agents to extort money as part of their “protection racket.”

IAS inspector general Brigido Dulay issued the wa…

Bacolod City eyes P1.7-B local revenues for 2024

BACOLOD CITY: This highly urbanized city is on its way to achieving PHP1.7 billion in local revenues for 2024, from only PHP1.449 billion last year, as a result of increased collection efficiency, Mayor Alfredo Abelardo Benitez said in his State of th…