May 18,2013 12:32 AM
MALAY, Aklan -- Despite the ongoing conflict between the Philippines and Taiwan, Taiwanese tourists continue to flock Boracay according to the records of the Civil Aviation Authority of the Philippines (CAAP)-Kalibo.
CAAP-Kalibo chief Engr. Percy Malonesio said in an interview that direct flights coming from and to Taiwan are at normal operation at the Kalibo International Airport (KIA).
"Flights coming from Taiwan continue at its normal state," Malonesio said, adding that more than 90 percent of Taiwanese passengers using the KIA are bound for Boracay Island.
May 18,2013 12:30 AM
Registered investments for the month of April surged to US$3.5 billion, 50.3 percent higher than the US$2.3 billion figure for March, according to the Bangko Sentral ng Pilipinas (BSP).
In its official website, the BSP attributed the increase to the release of positive reports on first-quarter corporate earnings; large subscription (US$970 million) in LT (Lucio Tan) Group Inc.’s shares; BSP’s decision to cut the SDA rates by another 50 basis points (to 2 percent) across all tenors; and Standard & Poor’s increased growth forecast for the Philippines of 6.5 percent this year and 6.3 percent in 2014.
May 18,2013 12:28 AM
The Bureau of Customs yesterday seized some P25 million-worth of goods and merchandise believed to be illegally imported from China.
BOC Commissioner Ruffy Biazon said they recovered inside the two storage areas 272 boxes containing 100 reams per box of Marlboro cigarettes, one box with 50 reams Marlboro cigarettes, another 29 boxes with 50 reams of Marlboro cigarettes per box, 10 boxes of Winston cigarettes, 11 boxes of Fortune cigarettes containing 50 reams per box, 432 boxes of Knorr Sinigang Mix and 23 boxes of Maggi Magic Sarap containing 150 boxes of the condiment per box.