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MANILA, Aug. 23 (Xinhua) — The Philippine oil company Petron Corporation, which is partly owned by the government, on Wednesday said it has no legal obligation to pay for the environmental disaster caused by oil spill in Guimaras, central Philippines,

More than 30 foreign investors have shown interest in buying the Philippine assets of US-based power group Mirant Corp worth about US$2.5 billion, the company said in a statement yesterday. 'The divestment plan has attracted more than 30 strong power

Presidential husband Jose Miguel 'Mike' Arroyo will not sign a waiver permitting an opposition lawmaker to seek out his alleged multi-milltion dollar bank account in Germany, Mr. Arroyo's lawyer and spokesman said Wednesday. 'Ang sabi naman ni [Mr.

The House of Representatives was due to vote on Wednesday on an impeachment motion that President Arroyo will almost certainly beat with the sheer strength of her allies. The complaint, the second by Mrs. Arroyo's political foes to be heard in a year,

Fairways & Bluewater Golf Resort and Country Club, the only luxury golf course in Boracay, undertakes new development to accommodate more guests and add more facilities to its list of amenities.

Asians and other foreigners looking to get that executive check-up or cosmetic procedure in the Philippines will get another incentive after their medical treatment: A holiday of their choice at popular tourist destinations like Palawan, Boracay and Cebu.

THE world-famous beaches of Boracay, the Philippines' leading tourist destination, are safe from the oil spill rolling across the seas off Guimaras Island in the Visayas.

Boracay island?s superb white beach is no stranger to postcards, magazine covers and the traveler?s buzz. But when the ?amihan? breezes start blowing, the island reveals the other side of Boracay, a side less concerned with sun worshipping and nightlife.

The oil spill from an oil tanker that sank in the waters of Nueva Valencia town in Guimaras province has already affected 20 barangays in three Guimaras towns and 1,600 hectares of mangroves, and poses strong threats to Iloilo City, Bago City, and Villadolid town of Negros Occidental and the world-famous Boracay Island in Malay, Aklan, the Coast Guard reported yesterday.