Malacanang Press Corps slams PCO Chief Martin Andanar for “misreporting” slur

The Malacanang Press Corps slammed Malacanang’s Presidential Communications Office Chief Martin Andanar over his accusation that media misreported President Duterte’s statement about Martial Law. In a one page joint statement issued Wednesday January 18, 2017, the Palace media said they take exception on Andanar’s accusation that they are misreporting President Duterte’s statement about Martial Law. MPC…

PSEi ends week on a 3-day losing streak

The Philippine Stocks Exchange main index (PSEi) ended the week on a 3-day loosing streak. PSE’s main index PSEi traded 0.36% low at 7238.52. This is the 3rd straight day that the PSEi went down since Tuesday January 10, 2017 loosing 125.82 points or 1.71%. Mining and Oil is the biggest loser going down by 2.76%…

President Duterte approves 1k SSS pension hike and 1.5% members contribution increase

After thorough contemplation and cabinet consultations, President Rodrigo Duterte has finally approved the 1000php SSS pension hike with the condition of increasing SSS members contribution by 1.5%. In an announcement made by Presidential Spokeman Ernie Abella on Tuesday January 10, 2017, Malacanang said the President has approved the increase on SSS pension amounting to 1000php.…