DOLE releases P6.1M for oil spill-affected fisherfolk in Cavite

CALAMBA CITY: The Department of Labor and Employment (DOLE) in Cavite on Wednesday disbursed over PHP6.12 million to support 1,178 individuals in the municipality of Tanza, who have been impacted by the temporary fishing ban due to the oil spill in Ba…

(LEAD) Lotte Shopping shifts to Q2 net loss on China losses

Lotte Shopping Co., an affiliate of retail giant Lotte Group, said Wednesday it shifted to a net loss in the second quarter due to liquidation losses involving its businesses in China.

Lotte Shopping swung to a net loss of 79.68 billion won (US$58 m…

2 Caloocan sisters nabbed for exploitation of children

MANILA: Two sisters engaged in online sexual exploitation of children have been charged before prosecutors, the National Bureau of Investigation (NBI) said Wednesday.

In a press briefing, NBI Director Jaime Santiago said the NBI-Violence Against Wome…

Lawmaker eyes stiff penalties vs. bomb jokes

MANILA: Senator Raffy Tulfo on Wednesday said he filed Senate Bill (SB) No. 2768 seeking to impose stiff penalties on crimes involving dissemination of false information on bomb threats, explosives, or any other life-threatening or destructive materia…

Seoul shares rebound for 2nd day on tech gains after global rout

Seoul shares ended higher for a second straight session Wednesday, helped by tech gains, as investors’ sentiment for risky assets improved following a global stock rout. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stoc…

CFO opens N.Luzon office for easier access to clients

BAGUIO CITY: The Commission on Filipinos Overseas (CFO) on Wednesday opened its North Luzon satellite office here to cater to immigrant visa grantees’ clearance and other needs.

‘We can cater to Region 1, 2 and 3 with the accessible road access build…

Korean Air’s Q2 net down 6 pct on increased fuel, labor costs

Korean Air Co., South Korea’s leading carrier, said Wednesday its second-quarter net profit fell 6 percent on-year due to an increase in fuel and labor costs.

Net profit for the three months ending in June reached 349 billion won (US$251.2 million),…