LAOAG CITY, Philippines – A magnitude 4.5 earthquake rocked the province of Ilocos Norte Wednesday noon, two days after an earthquake of almost similar magnitude hit the provinces of Bohol and Cebu in the Visayas. The Philippine Institute of Volcanology and Seismology (Phivolcs) said the epicenter of the earthquake was registered 22 kilometers off Pagupud town and had a depth of 11 kilometers. Phivolcs said the quake was tectonic in origin The earthquake, recorded at 12:04 on Wednesday, was also felt in the towns of Laoag, Pasuquin, Pagudpud, Burgos, Ilocos Norte and Claveria in Cagayan. Intensity 3 was recorded in…
Author: Business News Asia
Business News Asia
BusinessNewsAsia.com's Editorial team is composed of experienced professional journalist and financial professionals who have an average of 10 years of experience in financial and breaking news reportage.
BANGKOK – Thailand’s martial law, which was imposed since May 2014 to control violent street protests in the capital, may be lifted soon, but several groups have expressed concerns. Thailand Prime Minister Gen. Prayuth Chan-ocha said he has already sought the endorsement from Thai King Bhumibol Adulyadej for the lifting of the military rule 10 months after he staged a coup. Prayuth, the former army commander who led the May 22, 2014, coup that overthrew an elected government, told reporters Tuesday that he is seeking King Bhumibol Adulyadej’s approval to revoke martial law. The monarch’s approval is considered a formality.…