PSEi falls but posts second weekly gain

Philippine shares fall alongside Asian peers after China released worse-than-expected GDP figures. The main index still managed to post a second weekly gain but fell back to the 7,800 territory. An analyst believes the market is not likely to recover. 

Quake-hit Davao Del Sur town now under state of calamity

Davao del Sur's Magsaysay town is now under a state of calamity following Wednesday's quake. Town Mayor Arthur Davin says they will use the calamity funds to secure food and other basic needs for evacuees.