Central banks in Southeast Asia, where economies like the Philippines export a wide array of goods to the United States (US), are expected to cut interest rates some more as tariffs take effect next month, according to the think tank Capital Economics. In a July 23 report, Capital Economics senior...
While a video of acting Davao City Mayor Sebastian “Baste” Duterte supposedly training for boxing has been making rounds on social media, national police chief Gen. Nicolas Torre III apparently does not have the same liberty of time. Torre’s supposed 9 a.m. practice at the Philippine National...
Rizal Governor Nina Ynares renewed her appeal to the national government to issue a moratorium against quarrying operations in the province that are said to be the primary reason for the severe flooding being experienced in Rizal in the past few days. During her visit to one of the evacuation...
Despite tensed maritime issues between the two countries, the Philippines and China continue their cooperation on law enforcement, people-to-people exchanges, and safety and welfare of their citizens. The two sides held the 9th Joint Consular Consultation in Beijing on July 22, six years since the...
Global Infrastructure Partners (GIP), a part of BlackRock, and one of the world’s leading infrastructure investors, is in the process of finalizing a strategic partnership with Aboitiz Equity Ventures Inc. (AEV), starting with the acquisition of a 40 percent stake in Aboitiz InfraCapital....
As promised by Philippine Sports Commission chairman Patrick “Pato” Gregorio, all national athletes and coaches will start receiving a P5,000 increase in their monthly salaries beginning next month. The PSC board has approved the across-the-board increase in the salaries of the athletes and...
President Marcos assured the public that the government would continue prioritizing their safety and welfare as parts of the country remain flooded due to the enhanced southwest monsoon and back-to-back storms. “Sa gitna ng kalamidad, inuuna (ng) inyong pamahalaan ang kaligtasan, kalusugan at...
President Marcos announced that he had secured over $21 billion in new investment pledges from top American companies following his meetings with US trade and business leaders this week. Marcos said this as he returned to Manila from his three-day official visit to Washington late Wednesday...
The talks between President Ferdinand R. Marcos, Jr. and US President Donald Trump have advanced the frontiers of the two countries’ strategic alliance. Evidently, there was good chemistry between the two leaders. Facing White House media, they shared highlights of their conversation and...
A Manila-based civic leader has denounced a blog post implicating First Lady Liza Araneta Marcos in the recent drug-related death of Filipino businessman Juan Paolo Tantoco in Los Angeles, California. Dr. Jose Antonio Goitia, Chairman Emeritus of four civic-oriented groups, called the article...
Floodwaters in areas affected by Severe Tropical Storm “Crising” and the southwest monsoon, or “habagat,” are receding faster than before due to improved drainage systems and upgraded pumping stations accelerating subsidence, the Department of Public Works and Highways (DPWH) said on...
In the recent Mid-Year Report by Lobien Realty Group (LRG), Associate Director and Chief Markets Officer Steph Ng projected that the Philippine warehousing market is expected to grow from $420 million by the end of 2025 to $680 million by 2033, at a compound annual growth rate of 54.2 percent....
