Philippines News Agency
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Philippines News Agency

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The Philippines News Agency

The Philippines News Agency (PNA) is a web-based newswire service of the Philippine government. The PNA Headquarters are housed at the 2nd floor of the PIA building along Visayas Avenue, Quezon City. PNA's website address is http://www.pna.gov.ph

It has been 35 years since PNA was launched in an era when newswire operations relied mainly on teletype machines and typewriters. PNA has steadily paced the highly competitive and changing arena of Philippine journalism; it is now slowly but surely coming to par with the challenges posed by the globalization of media communications. This has deeply shaped modern journalism and the news media organizations that have been instrumental in creating the very conditions that made globalization a reality.

PNA has evolved today as an Internet-based news service agency that caters to the global demand for news and information to its subscribers, readers and a host of other clients. PNA's mission is spelled out clearly: to provide the government, the Presidency, the public, as well as its media and non-media clients, both local and foreign based, sober, factual, impartial and objective news and information. PNA provides news 24/7, including photos of major events, feature stories, sports news and events, local and global opinions, general information, as well as global news and feature stories. PNA employs about a hundred journalists and stringers across the country, with several foreign-based correspondents.

PNA beat reporters and stringers are deployed practically in every government office and agency, including the main offices and camps of police and security forces, to provide news 24/7 for local, regional and global subscribers and readers. PNA likewise maintains active news exchanges with news agencies of ASEAN member-countries and the Organization of Asia-Pacific News Agencies (OANA).

Philippines News Agency
www.pna.gov.ph
pnadesk@yahoo.com
+63 352 43 28,
+63 352 43 34,
+63 352 43 35
Latest Press Release
Cemex Holdings debuts at PSE. (PNA)

Cemex Holdings debuts at PSE. (PNA)

PHL posts record-high foreign reserves in June '16

MANILA, (PNA) -- The Philippines’ foreign reserves posted a record-high of USD 85.284 billion in end-June 2016, Bangko Sentral ng Pilipinas (BSP) Governor Amando Tetangco Jr. announced Tuesday.
This level is USD 1.31 billion higher than the preliminary figure reported by the central bank earlier this month, amounting to USD 83.97 billion.
Tetangco attributed the increase of the country’s gross international reserves (GIR) to foreign exchange revaluation of the central bank’s assets on back of the increase of gold prices in the international market.
The current foreign reserves of the country is enough to cover 10.4 months’ worth of imports of goods and payments of services and income.
It has hit the central bank’s USD 82.7 billion target for 2016 last March, when the reserves reached USD 82.98 billion. (PNA)