Philippine authorities are verifying reports that Abu Sayyaf militants have beheaded a Malaysian hostage after a ransom demand was not met.» Read More
The EU banned all airlines from the Philippines and Sudan from flying into the region’s airports Tuesday, citing “serious safety deficiencies” found by the UN and U.S. aviation authorities, the New York Times reports.
Weeping mourners have been paying their respects at the wake of former President Corazon Aquino, with some pledging to carry on her legacy by protecting the democracy she helped install 23 years ago.
More than a quarter of US employers expect more of their high-skill positions to be shipped overseas.
Philippine Long Distance Telephone (PLDT), the country's most valuable firm, said on Tuesday its quarterly net profit fell 9 percent as a strong peso hurt its dollar-linked revenues.
Joseph Estrada, outspoken former president of the Philippines and hero of countless movies against injustice and corruption, was remarkably restrained on Wednesday when he was sentenced to life imprisonment for plunder.
The Philippine peso and Singapore dollar led the losses in Asia on Wednesday as investors extended their aggressive sales of risky assets on fears U.S. credit market woes were spreading overseas.