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October 21, 2017 11:25 PM Robredo warns of China debt trap, cites Sri Lanka

The Duterte administration’s new source of financing for its ambitious infrastructure projects, China, could lead the Philippines into a “debt trap” as it did other countries that had borrowed heavily from the Asian giant, according to Vice President Leni Robredo. Robredo cited the project to build a new Bicol Express, a rail system connecting Manila 4

October 21, 2017 2:16 PM 15 Afghan army cadets killed in attack on security forces

It is the 2nd suicide bombing in Kabul in 24 hours and the 7th major assault in Afghanistan since Tuesday, taking the total death toll to more than 200 KABUL, Afghanistan – A suicide bomber killed 15 Afghan army trainees as they were leaving their base in Kabul on Saturday, October 21, the defense ministry said, as militants step up their deadly attacks 4

October 21, 2017 9:36 AM Xi’s new thought the soul runs throughout the Congress report

The Chinese Communists mainly represented by Xi Jinping have created Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. The Thought is the soul running throughout the report delivered at the opening of the 19th CPC National Congress. It has embarked on a “new era” for Socialism with Chinese Characteristics, integrated the “new mission 6

October 21, 2017 7:15 AM Japan braces for super typhoon ahead of election

A powerful typhoon was bearing down on Japan Saturday, a day ahead of national elections, with experts predicting severe winds and heavy rains as the country goes to the polls. Super typhoon Lan, described as “very large” and “very strong” by Japan’s Meteorological Agency, was packing gusts up to 252 kilometers (157 miles) per hour Saturday above Pacific 7

October 20, 2017 7:21 PM Hugnatan relishes role as Meralco’s floor spacer in Finals series

Meralco’s Reynel Hugnatan is not the same player who had the role of enforcer for the Coca-Cola and Alaska teams of yesteryears. Hugnatan has transformed from a bruiser in the interior to the Bolt’s reliable floor spacer. And in Game 4 of the PBA Governors’ Cup finals series between Meralco and Ginebra, Hugnatan’s floor spacing was in full effect 6

October 20, 2017 12:45 PM Who’s next on Duterte’s chopping block? Definitely not Tugade

President Rodrigo Duterte on Friday indicated that Transportation Secretary Arthur Tugade still enjoys his confidence and would stay in his post despite speculations that he would be the next Cabinet member to be fired over corruption allegations. “May mga allegations, magpunta doon, na corrupt. Sabi ko, he doesn’t have time for that. He doesn’t even know how to count 4

October 20, 2017 11:44 AM Palace welcomes Pulse survey results but silent on drop in key areas

MANILA, Philippines — Malacañang on Friday welcomed the latest survey results of Pulse Asia showing that a majority of Filipinos approved of its performance in several governance areas. Abella noted that the administration of President Rodrigo Duterte got "high marks" in fighting criminality with 78 percent, fighting graft and corruption with 70 percent 15

October 19, 2017 11:02 PM Jeepney drivers urged to form cooperatives

Jeepney operators should form cooperatives and consortiums so they can acquire at least 10 new jeepneys offered at P1.4 million each under the government’s public utility vehicle (PUV) modernization program, transportation officials said at the House of Representatives on Thursday. Their suggestion was in response to public transport groups’ worries 4

October 19, 2017 5:43 PM TRAIN to add P500 B spending power to government

MANILA, Philippines — The Philippines is expected to gain an additional spending power of around P500 billion each year due to the government’s expansionary fiscal policy and the impact of the tax reform bill, the Department of Budget and Management (DBM) said yesterday. During the 43rd Philippines Business Conference and Expo yesterday, Budget Secretary 7

October 19, 2017 4:00 PM Palay farm gate prices rise 6%

MANILA, Philippines — Farm gate prices of palay (unmilled rice) increased by 6.34 percent, the Philippine Statistics Authority (PSA) said. In its regular update, PSA reported that the average price of palay rose to P18.91 per kilogram during the first week of October from P17.79 per kg last year. On a weekly basis, however, it went down two percent 3