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20 dead as quake hits Philippine tourist islands

At least 20 people were killed on Tuesday when a major earthquake tore down buildings and triggered landslides across three popular tourist islands in the central Philippines, authorities said. Fifteen of the confirmed fatalities were in Cebu, the second most important city in the Philippines and a gateway to some of the country's most beautiful beaches, civil defence office spokesman Reynaldo Balido told reporters.

20 dead as quake hits Philippine tourist islands

At least 20 people were killed on Tuesday when a major 7.1 magnitude earthquake tore down buildings across three islands that are among the Philippines' most popular tourist attractions, authorities said. Fifteen of the fatalities were in Cebu, the second most important city in the Philippines and a gateway to some of the country's most beautiful beaches, civil defence office spokesman Reynaldo Balido told reporters.

Six dead in major Philippines quake

At least six people were killed when a 7.1 magnitude earthquake destroyed buildings in and around one of the Philippines' major tourist hubs on Tuesday, authorities said. Four people were confirmed dead at a fish market that collapsed in Cebu, the second most important city in the Philippines and a gateway to some of the country's most beautiful beaches, the local government said. Another person was killed in a nearby market, while one child was killed in a stampede as people panicked to leave a building, Cebu governor Hilario Davide told ABS-CBN television.

7.1 magnitude quake strikes Philippines

At least four people were killed when a 7.1 magnitude earthquake destroyed buildings in and around one of the Philippines' major tourist hubs on Tuesday, authorities said. The four people were confirmed dead at a fish market that collapsed in Cebu in the central Philippines, the country's second most important trading and economic city. The quake struck at 08:12 local time (0012 GMT) five kilometres (three miles) east of Balilihan, in the Bohol region of the archipelago, at a depth of 20 kilometres (12 miles), the agency said.

S. Korea to establish consulate on Cebu, Philippines

SEOUL, Sept. 22 (Yonhap) -- South Korea plans to establish a consulate on Cebu to handle growing violent crimes against Korean residents in the leading tourist destination in the Philippines, a foreign affairs ministry official said Sunday. In addition to the Korean Embassy in the capital city of Manila, the foreign affairs ministry is consulting with related organizations to set up a new consulate on Cebu and dispatch permanent staff to protect Korean residents and tourists there.

Philippine ferry death toll climbs to 38, as oil leaks

Philippine divers hauled bodies out of rough seas Sunday in the grisly aftermath of a ferry disaster that claimed at least 38 lives, as oil leaked from the submerged vessel. Rescue efforts were focused throughout Sunday on more than 80 people missing and believed trapped inside the St Thomas Aquinas ferry that sank on Friday night near the central city of Cebu after colliding with a cargo ship. More than 800 passengers and crew were aboard the ferry, which sank within 10 minutes of impact.

Philippine rescuers resume search hoping for miracle

Philippine rescuers struggled in rough seas Sunday as they resumed a bleak search for 170 people missing in the country's latest ferry disaster, but insisted miracle survivor stories were possible. Thirty-two people have been confirmed dead after the ferry, carrying 830 passengers and crew, sank almost instantly on Friday night following a collision with a cargo vessel outside a major port in the central city of Cebu.

17 dead, hundreds rescued after Philippine ships crash

At least 17 people died while nearly 600 others were rescued after a ferry collided with a cargo ship in the Philippines on Friday, authorities said. The Thomas Aquinas ferry, which was believed to be carrying about 700 passengers, sank quickly after colliding with a freighter near the port of Cebu, the country's second biggest city, coastguard spokesman Commander Armando Balilo said. A rescue mission involving coastguard, navy and local boats was launched immediately after the collision, which occurred about 9:00 pm (1300 GMT) around two kilometres (1.2 miles) from shore.

BOC Cebu to collect P1B unpaid taxes from Atlas mining

The Bureau of Customs Port of Cebu is set to collect some P1 billion in unpaid taxes from Atlas Consolidated Mining and Development Corp. based in Toledo City, an official said Saturday.Cebu Customs District Collector Edward dela Cuesta said ACMDC has requested the BOC in Cebu to settle its unpaid obligation.The ACMDC incurred P700 million debts to the Port of Cebu in 2011 for unpaid duties and taxes on importation of mining equipment.This has reportedly reached more than P1 billion at present due to penalties.

Cebu trade leaders welcome PHL credit rating upgrade

Cebu’s business leaders have welcomed the Fitch credit upgrade of the Philippines, but called on the government to address barriers that might impact on sustaining that achievement.Lito Maderazo, president of the Cebu Chamber of Commerce and Industry (CCCI), said the Fitch upgrade will have immediate impact such as low interest rates and sparking growth in the stock market.But Maderazo said the government still needs to make the country attractive to foreign direct investments.”This means more infrastructure, lower cost and reliable power, competitive transportation an
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