The Philippine Star - June 11, 2024
The Philippine Star - June 11, 2024
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In this issue
June 11, 2024
Navy: Chinese militia vessels shouldn't be within Phl EEZ
Thirty Chinese maritime militia vessels have been spotted in the vicinity of Rozul Reef off Palawan, while Vietnam has reportedly scaled up its dredging activities in the Kalayaan Island Group, the Philippine Navy said yesterday.
2 mins
DOE sees normal power situation this week
Power grids are likely to be in normal condition this week as consumer demand declines, preliminary data from the Department of Energy (DOE) show.
1 min
'Law needed to order singing of Bagong Pilipinas'
Malacañang’s directive to integrate the singing and recitation of the “Bagong Pilipinas” hymn and pledge into the weekly flag ceremonies of national government agencies and instrumentalities needs a law, according to Senate Minority Leader Aquilino Pimentel III.
4 mins
BBM inaugurates Phl's largest solar-powered pump irrigation
President Marcos inaugurated yesterday the country's biggest solarpowered pump irrigation project that is seen to boost agricultural production.
2 mins
Teves freed, rearrested in Timor-Leste
Extradition process continues
3 mins
Cops fail to arrest Quiboloy during search of properties
Heavily armed operatives of the police Special Action Force (SAF) and Criminal Investigation and Detection Group (CIDG) swooped down early yesterday on several properties owned by accused sex offender and human trafficker Apollo Quiboloy to serve arrest warrants for him and his accomplices, but went away empty handed.
2 mins
MMDA belittles Manibela strike anew
The Metropolitan Manila Development Authority (MMDA) belittled anew Manibela’s transport strike yesterday, saying it had “no effect” on public transportation.
2 mins
Chiz suspends construction of 'costly' Senate building
Senate President Francis Escudero has ordered the suspension of construction work on the new Senate building in Taguig City due to an aggregated cost of P23 billion, which he called “shocking and in bad taste.”
6 mins
Drugs, torture equipment found in POGO hub
Illegal drugs and various instruments of torture were recovered inside a Philippine offshore gaming operator (POGO) hub in Pampanga recently raided by police.
3 mins
LPA spotted in Mindanao
A low-pressure area (LPA) was spotted in Mindanao yesterday afternoon, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
1 min
Fuel prices rolled back today
A substantial price reduction on fuel products will greet motorists today, following mixed adjustments at the pump last week.
1 min
Job fairs, free legal services on Independence Day
To commemorate the country’s 126th Independence Day, the government is mounting job and livelihood fairs and free legal services.
3 mins
Gadget-free schools bill filed in Senate
To boost academic performance and prevent cyberbullying, Sen. Sherwin Gatchalian is pushing for a measure that will prohibit kindergarten to senior high school students from using cell phones and other gadgets during classes.
1 min
PNP colonel in 'rent-tangay' scheme charged
Criminal charges were filed yesterday against a police colonel who allegedly orchestrated the illegal sale of a multi-purpose vehicle in a “rent-tangay” scheme in Parañaque.
1 min
Makati gives P1-M aid to Davao de Oro
The city government of Makati yesterday donated P1 million in cash to the local government of Davao de Oro, which was affected by a weather disturbance earlier this year.
1 min
Kanlaon remains restive - Phivolcs
At least six volcanic earthquakes, 3,304 tons of sulfur dioxide gas emission and degassing of 300 meters above the summit have been recorded on Kanlaon Volcano in Negros in the past 24 hours, according to the Philippine Institute of Volcanology and Seismology.
1 min
6 bets banned from running in elections
The Commission on Elections (Comelec) has disqualified six political candidates from seeking elective positions after they failed to file the required statement of contributions and expenditures (SOCE).
1 min
How an Israeli raid freed 4 hostages in Gaza
They arrived in the middle of the day, when the squat concrete buildings of the Nuseirat refugee camp are stifling and the narrow streets outside are filled with people. No one suspected a thing until the shots rang out.
2 mins
Macron calls for snap elections
Gains by the far-right in voting for the European Parliament on Sunday prompted a bruised French President Emmanuel Macron to call for a snap national election, adding uncertainty to Europe’s future political direction.
1 min
MVP Group to air Paris Olympics action
In service to flag and country, the MVP Group’s telecommunication and media arms in Cignal TV, Smart, PLDT, Meralco, mWell and MediaQuest are joining forces in a commitment to deliver straight to Filipino sports fans the showing and exploits of Filipino athletes in the Paris Olympics.
1 min
IT'S HOLIDAY IN BOSTON
The Boston Celtics, fueled by 26 points from Jrue Holiday, thwarted a desperate Dallas rally in the final minutes to beat the Mavericks 105-98 on Sunday and take a 2-0 lead in the NBA Finals.
1 min
FDI inflows soar to $2.97 B in Q1
The inflow of foreign direct investments (FDI) went up by 23.1 percent to $686 million in March, bringing the total in the first three months to $2.97 billion or 42.1 percent higher than in the comparable period a year ago, data from the Bangko Sentral ng Pilipinas (BSP) showed.
2 mins
NEDA defends rice tariff cut
The National Economic and Development Authority (NEDA) yesterday defended the recent government move to cut the tariff on imported rice, which has been opposed by farmers' groups, saying this is necessary to dampen the impact of rising world market prices of the grain on domestic prices.
1 min
Stocks snap rally on uncertainty over Fed rate cut
The stock market failed to carry over its momentum from last week, opening a shortened trading week in negative territory as investors opted to take profits.
1 min
DoubleDragon raising P10 B from issuance of retail bonds
DoubleDragon Corp., the listed developer chaired by Edgar “Injap” Sia II, is aiming to raise as much as P10 billion from the issuance of retail bonds.
2 mins
Aquaculture to drive up Phl fish harvest, says FAO
The country’s fisheries production is projected to rise by 12 percent to almost 2.9 million metric tons (MT) in 2032 on the back of higher aquaculture output, the United Nations’ Food and Agriculture Organization (FAO) said.
2 mins
AsPac IPO scene off to slow start
Southeast Asia’s initial public offering (IPO) scene was tepid at the early part of 2024 amid concerns on high interest rates and inflationary pressures, a report by Ernst & Young Global Ltd. showed.
2 mins
New SSS savings scheme eyes 7.2% annual returns
State-run pension fund Social Security System (SSS) has started a new savings scheme projected to yield 7.2 percent annually as it moves to encourage members to boost their retirement fund.
1 min
AboitizPower exec rues lack of R&D funding for decarbonization
The country needs funding and support to conduct its own research and development to explore future decarbonization technologies, an Aboitiz Power Corp. official said.
1 min
Cebu Pacific bets on expansion in new NAIA
Low-cost carrier Cebu Pacific has started relaying to San Miguel Corp. (SMC) possible reforms that can be applied to the Ninoy Aquino International Airport (NAIA) to improve accessibility.
2 mins
The Philippine Star Newspaper Description:
Publisher: Philstar Daily Inc.
Category: Newspaper
Language: English
Frequency: Daily
The Philippine STAR is the flagship title of the country's largest and most successful print media enterprise, the Philstar Media Group. Owned and published by Philstar Daily Inc., The Philippine STAR is a vaunted pillar of Philippine journalism whose integrity is anchored on the Biblical motto, “Truth Shall Prevail”. The Philippine STAR is a two-time winner of the prestigious Newspaper of the Year award given by the Rotary Club of Manila.
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