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Quake-hit areas in Negros Oriental get free calls

In response to the strong earthquake that hit parts of the Visayas on Monday, wireless services provider Smart Communications Inc. has set up Libreng Tawag stations where residents of the hardest-hit areas in the province of Negros Oriental can make free phone calls.

Prudentialife Plans to continue paying claims

Planholders of Prudentialife Plans Inc. whose plans are terminated and claims are being processed as of February 6 will continue to be paid, according to the Insurance Commission.

Slower exports drop seen

OUTBOUND merchandise shipments likely dropped anew last month but at a slower pace, the head of an exporters group yesterday said ahead of the release of data expected to cement an overall 2011 contraction.

Activists see little to like? in Facebook

NEW YORK -- A new crop of companies entering the US public markets, including such high-profile offerings as Facebook, are turning the clock back on the way US corporations are run.

Fears of US slowdown fade as economy shows muscle

WASHINGTON -- A few months ago economists were all but certain the US economy would slow sharply at the start of this year, with many warning that recession risks were growing.

IMF assisting in effort to boost fiscal reporting

TECHNICAL ASSISTANCE is being provided by the International Monetary Fund (IMF) in an effort to make fiscal reporting more prompt and accurate, a senior Finance official yesterday said, with a team currently in town to review the government’s processes.

Transformation potential from mining moderate?

THE PHILIPPINES’ transformation potential with regard to mining and socioeconomic development has been classified as "moderate" by the World Economic Forum (WEF).

Postal bank’s transport loan scheme hailed

A transport leader has described the P250-million “Arangkada Pasada” loan program of the Philippine Postal Savings Bank (PostalBank) as “proof that the Aquino government is doing its best to alleviate their plight.”

Navy officers want indictment junked

The Navy officers charged with the murder of Ensign Philip Pestaño on Thursday challenged the Office of the Ombudsman’s decision finding them liable for the death of their colleague, and claimed they were the victims of an attempt to cover up Pestaño’s suicide.

PAL Flies Donations For Free

MANILA, Philippines — Philippine Airlines (PAL) has flown donated relief goods for free to victims of the recent earthquake that hit Iloilo, Bacolod, Dumaguete and Cebu.

The PAL Foundation will accept donations from non-profit organizations until March 15, 2012 (marking the airline's 71st founding anniversary) for immediate loading by PAL Cargo on all regular flights to the four key cities in the Visayas hardest hit by the tremor – Iloilo, Bacolod, Dumaguete and Cebu.

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