The Philippines has a "low" sovereign debt risk despite its ballooning obligations, but think tank Capital Economics cautioned that emerging markets (EMs) with better managed public finances should not rest on their laurels amid lingering fiscal strains. In a June 12 report authored by Capital...
President Marcos has offered sympathy to India after the deadly crash of Air India Flight AI-171 in Ahmedabad on Thursday, June 12. "Filipinos are deeply saddened by the tragic crash of Air India Flight AI-171 in Ahmedabad," he said in his message. "On behalf of the Filipino people, I extend our...
The Philippines ' foreign policy has been anchored on building bridges, not walls, President Marcos told the diplomatic corps on Independence Day. Speaking before foreign dignitaries and government officials during the traditional Vin d’Honneur at Malacañan Palace on Thursday, June 12,...
CAMP OLIVAS, Pampanga – A total of 619 violators were nabbed in Central Luzon during the five-month implementation of the nationwide gun ban for the May 12 midterm elections. Aside from the arrest of violators, 640 assorted illegal firearms were also seized in the region from Jan. 12 to June 11,...
Vice President Sara Duterte has celebrated Independence Day in Kuala Lumpur, Malaysia, and among the personalities who came with her was Senator Imee Marcos. In her speech, she repeatedly mentioned the presidential sister. One of the several shoutouts was when she praised her Filipiniana dress,...
President Marcos has carried the Philippines to its "breakthrough era" when in terms of sustained and inclusive economic growth. Thus, said House Speaker Martin Romualdez, who described the World Bank 's latest economic forecast on the Philippines. “The World Bank’s latest forecast is more...
CAMP OLIVAS, Pampanga – Police in Central Luzon have seized P131.4-million worth of illegal drugs and arrested over 4,000 suspects in five months, according to the Police Regional Office-3 (PRO-3). In a statement Wednesday night, PRO-3 said the seizure and arrests were the results of 2,706...
The Department of Agriculture (DA) is in support of a recommendation from a House of Representatives panel to revert the rice tariff rate from 15 percent to 35 percent—on the condition that this will be implemented gradually. During the final hearing of the House quinta committee on Wednesday,...
K-pop boy band Super Junior will mark their 20th anniversary in the entertainment industry with the launch of their new tour “Super Show 10.” Super Junior announced the dates and venues of “Super Show 10” on June 12. In Manila, Super Junior will hold the concert on Oct. 4 at the SM Mall...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) lauded Congress for approving economic reform bills that seek to extend the term of foreign leases to 99 years and streamline the rigorous right-of-way process. FFCCCII, which comprises over 170 business and trade...
The Philippine Drug Enforcement Agency (PDEA) has teamed up with a private delivery service firm in a bid to address the country’s online illegal drug trafficking woes. In the memorandum of agreement signed between the PDEA and the Flash Express Philippines, Co., Ltd. Inc., both parties agreed...
President Marcos has declared June 24 as a special non-working day in the city of Manila for its celebration of its 454th founding anniversary. Marcos made the declaration through Proclamation No. 925. It aims to give the people of Manila the chance to participate in the city 's celebration...
