Manila - Philippine share prices rose 2.08 per cent on Thursday on the back of Wall Street's overnight gains despite lower growth forecasts for the domestic economy.
The 30-share composite index of the Philippine Stock Exchange gained 42.17 points to close at 2,064.66 from Wednesday's finish of 2,022.49.
Gainers swamped losers 85 to 24, while 29 issues were unchanged. A total of 2.08 billion shares worth 2.64 billion pesos (55 million dollars) were traded.
Manila - The Philippine government is closely monitoring the condition of 120 Filipino seamen being held by pirates in hijacked ships off Somalia, a senior official said Wednesday.
Executive Secretary Eduardo Ermita said the Philippines is also planning to prohibit the deployment of Filipino seamen on ships that would pass through the African country's dangerous waters.
Manila - The Philippines on Wednesday launched a programme to immunize about half a million children below 5 years of age this year, to help prevent child deaths from illnesses which kill some 82,000 children every year. Health Secretary Francisco Duque said the government allocated 36.4 million pesos (75,800 dollars) to the immunization programme, as part of the "save a child" strategy of the Department of Health.
Manila - About 100 police officers were facing administrative investigation for failing to attend court hearings on drug-related cases, a police spokesman said Wednesday. Chief superintendent Nicanor Bartolome said the officers may be suspended or dismissed from service if proven that they neglected their duty to attend court hearings, resulting in the dismissal of criminal charges against suspected drug pushers.
Manila - A family of six, including four children, was shot dead by unidentified gunmen who burned their house in a southern Philippine city in a bid to hide the crime, a regional police chief said Tuesday. Chief Superintendent Danilo Empredrad said the attack occurred before dawn Sunday while the family was asleep inside the house on the outskirts of Gingoog City in Agusan del Norte province, 795 kilometres south of Manila.
Empredad said the assailants barged into the house and shot the victims before burning the house.
Manila - Environment groups on Monday lambasted the Philippines' health secretary for supervising the burning of thousands of bottles of salmonella-tainted peanut butter. The Ecological Waste Coalition criticized Health Secretary Francisco Duque for supervising the incineration of the contaminated products last week in Taguig City in metropolitan Manila.
The group said the disposal was a violation of the Clean Air Act, which prohibits the burning of materials that emit toxic and poisonous fumes.