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Coin tossing breaks tie in Philippine mayoral race
Marvic Feraren and Boyet Py both received 3,236 votes for mayor of San Teodoro town in Mindoro Oriental province in Monday's elections.The Elections Commissions suggested the two men flip a coin five times each, which is allowed under the country's Election Code to break a tie.Feraren won Tuesday, but not before a second round of coin flipping.They tied in the first round ...
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US concerned over Philippines killing of Taiwanese fisherman
WASHINGTON, May 15 (Xinhua) -- The United States on Wednesday expressed concern about the increasing tensions between the Philippines and China's Taiwan following last week's fatal shooting of a Taiwanese fisherman by the Philippine Coast Guard. At a news briefing, the State Department's acting deputy spokesman Patric Ventrell also urged the two sides to take "all ...
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Philippine Lower House to push charter change
With a firmer grip on Congress, Philippine President Benigno Aquino III is expected to push for changes in foreign equity restrictions to attract more capital in order to create more jobs and reduce poverty incidence. But his political leaders are divided on how to initiate the changes.On one hand, Quezon City Rep. Feliciano Belmonte Jr., who is expected to retain the speakership, prefers ...
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Barclays ups Philippines growth estimates
Barclays has raised its 2013 growth forecast for the Philippines as it expects the economy to post one of the fastest growth rates among emerging markets in Asia. In one of its latest reports, Barclays said the Philippines was now seen to grow by 6.2 per cent this year and 6.3 per cent in 2014. The international financial services firm earlier projected that the Philippine economy would grow ...
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Manila Taipei agree on cooperative probe
The Philippines and Taiwan on Monday agreed on a cooperative investigation into the fatal shooting of a Taiwanese fisherman by Filipino Coast Guards, which had led to fresh cross-channel tensions and harassment of Filipino workers in Taiwan. Justice Secretary Leila de Lima told reporters that the cooperation, agreed on during a meeting between National Bureau of Investigation officials and ...
Philippines Focus
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Philippines seeing development in new property segment
Potential first-time home owners and start-up entrepreneurs can now take advantage of a one-of-a-kind SOHO residential unit in 8 Adriatico, according to press material recently released to the Philippines news media by Eton Properties Philippines Inc, a major realty firm run by property tycoon Lucio Tan.
Eton Properties is constructing a number of residential developments in the capital city, all of which are primarily targeted at the country’s first time home owners, a target market that is reflected in the name of their subsidiary handling the construction and sale of one new development, First Homes Inc. Read more
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