Manila - The Asian Development Bank said Thursday that it approved a 50-million-dollar loan to make health-care services accessible to the poor in the Philippines.
The loan would fund the Better Health Care Project, which would construct health-care facilities and provide state-of-the-art equipment to existing institutions in cities and towns outside the Philippine capital, the Manila-based bank said.
Manila - Muslim militants on a southern Philippine island would face a full military assault if they carry out a threat to behead one of three Red Cross hostages at the end of the month, a military spokesman said Thursday.
Muslim Abu Sayyaf rebels made the threat to force government troops to move further away from their encampment in the jungles of Indanan town on Jolo island, 1,000 kilometres south of Manila.
Manila - Philippine shares rose 2.51 per cent on Thursday as investors snapped up bargain stocks, buoyed by strong performances in Wall Street and other Asian markets.
The Philippine Stock Exchange's 30-share composite index gained 48.26 points to close at 1,988.28 from Wednesday's finish of 1,939.69.
A total of 1.18 million shares valued at 2.73 billion pesos (56.28 million dollars) were traded.
Gainers outpaced losers 84 to 21, with 34 issues unchanged.
Manila - Philippine graft investigators on Wednesday recommended criminal charges against 17 public works officials for corruption in a road project funded by the World Bank.
Assistant Ombudsman Mark Jalandoni said investigators found probable cause to file charges against the 17 officials for allegedly rigging the bidding for the 330-million-dollar project.
Jalandoni said the officials allowed the bidding for the road project to proceed despite the fact that the bids were above the approved budget.
Manila - Muslim militants holding captive three Red Cross workers in the southern Philippines have threatened to behead one of the hostages if government troops do not move out of their jungle hideouts by the end of the month, officials said Wednesday.
The latest threat was issued by Abu Sayyaf rebel leader Albader Parad on Monday as the military stepped up a blockade to prevent food and supplies from reaching the guerrillas in the hinterland of Indanan town on Jolo island, 1,000 kilometres south of Manila.
Manila - The Philippine armed forces suspended on Tuesday military operations against Muslim militants to pave the way for negotiations for the release of three Red Cross hostages on a southern island, a navy spokesman said.
Lieutenant Colonel Edgard Arevalo said the military was holding off its offensives against Muslim Abu Sayyaf rebels on Jolo island, 1,000 kilometres south of Manila, to allow negotiations for the release of three captive personnel of the International Committee of the Red Cross.
Manila - The Asian Development Bank said Thursday that it approved a 50-million-dollar loan to make health-care services accessible to the poor in the Philippines.
Manila - Muslim militants on a southern Philippine island would face a full military assault if they carry out a threat to behead one of three Red Cross hostages at the end of the month, a military spokesman said Thursday.
Manila - Philippine shares rose 2.51 per cent on Thursday as investors snapped up bargain stocks, buoyed by strong performances in Wall Street and other Asian markets.
Manila - Philippine graft investigators on Wednesday recommended criminal charges against 17 public works officials for corruption in a road project funded by the World Bank.
Manila - Muslim militants holding captive three Red Cross workers in the southern Philippines have threatened to behead one of the hostages if government troops do not move out of their jungle hideouts by the end of the month, officials said Wednesday.
Manila - The Philippine armed forces suspended on Tuesday military operations against Muslim militants to pave the way for negotiations for the release of three Red Cross hostages on a southern island, a navy spokesman said.
