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BAGUIO CITY — A P72-million worth of illegal cannabis plantation was discovered tucked in a mountain location along Kennon Road in sitio Sangilo in Camp 4, Tuba, Benguet over the weekend.
Philippine naval vessels were involved in a clash with the Chinese coast guard on Saturday while attempting to resupply troops at a contested outpost in the South China Sea.A Philippine civilian boat, escorted by two navy ships and two coast guard vessels, was on a monthly supply run to a small number of Filipino marines stationed on the "Sierra Madre" – a warship intentionally run aground on the Second Thomas Shoal in 1999 in order to reinforce The Philippines' territorial claims in the area.
LEGAZPI CITY— Eighty-four (84) farmers who are agrarian reform beneficiaries (ARB) will benefit from the P 1.5 million worth of farm machinery provided by the Department of Agrarian Reform (DAR).
Documents obtained by the Office of Senator Win Gatchalian have raised suspicions regarding the involvement of Bamban Mayor Alice Guo in activities related to the operation of the Tarlac-based Philippine Offshore Gaming Operator (POGO), now termed as Internet Gaming Licensee (IGL), which was raided by authorities last March 13 due to complaints of human trafficking and serious illegal detention.
Wilcon [WLCON 43.00 unch] [link], the home improvement and construction products retailer owned by William Belo, revealed that its FY23 net income was P3.5 billion, which was down 9.5% from the P3.8 billion it posted in net income the previous year. WLCON reported that net sales were up 3% to P34.6 billion, gross profit was up 4% to P13.7 billion, but that its operating expenses were up 9.5% to P3.5 billion. The company said that the net sales increase was from the contributions of new stores, but that the “expansion-related expenses” from opening those stores caused its operating expenses to rise and lower its overall net income for the year. WLCON also referred to the “softness of the market” as another reason for its failure to exceed its FY22 profitability, as evidenced by the 3.4% drop in same-store sales. WLCON said that it is still pushing toward its “100-store goal by 2024” and is planning to open two Do It Wilcon branches and eight depot format stores in hopes of being “in the best position” once “home improvement spending rekindles.”
MANILA, Philippines — Following the Philippine Atmospheric, Geophysical and Astronomical Services Administration’s recent declaration that the warm and dry season has begun, the Department of Energy (DOE) said the country’s power situation is currently being monitored to ensure energy security.
COTABATO CITY —Two men riding a motorcycle together shot dead a businesswoman along a busy street in Kidapawan City in Cotabato province on Saturday morning.
The Chinese Coast Guard used a water cannon against Philippines' ships attempting to deliver supplies to Filipino troops at an outpost in the South China Sea, according to Manila.Philippine naval vessels were involved in a clash with the Chinese coast guard on Saturday while attempting to resupply troops at a contested outpost in the South China Sea.