Despite a more somber outlook for Philippine economic growth this year, Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC) now expects local monetary authorities to deliver a 25-basis-point (bp) rate hike in 2026 as consumer prices continue to rise persistently. This assumption would mark a...
BEIJING (AP) — The leaders of China and Spain on Tuesday pledged to work to safeguard multilateralism at a time of conflicts including the war in Iran, with Chinese President Xi Jinping saying the countries should “oppose the world’s retrogression to the law of the jungle.” Xi said they...
Several bottles recovered from traditional Chinese boats near Ayungin (Second Thomas) Shoal in the West Philippine Sea (WPS) last year were confirmed to have contained cyanide, a highly toxic chemical compound, raising fears of possible sabotage targeting fish supplies and coral reef in the area,...
BUTUAN CITY – Nine Chinese nationals and a Filipino involved in illegal mining activities were arrested during an intelligence-driven operation conducted in Cantilan, Surigao del Sur on Thursday evening. In a statement released on Saturday, the Police Regional Office (PRO)-13 (Caraga) reported...
The ceasefire-driven rally of Asian currencies, including the Philippine peso, may be short-lived as global oil risks linger, according to Singapore-based Oversea-Chinese Banking Corp. Ltd. (OCBC). In an April 9 report, OCBC Group Research foreign exchange (FX) strategists Sim Moh Siong and...
The Chinese Embassy in Manila has urged the Philippines to stop what it described as “provocations” in the West Philippine Sea, while warning that Beijing will take “strong measures” to protect its territorial claims. In a Facebook post on Sunday, April 5, Chinese Embassy spokesperson Ji...
The Philippines, through the National Maritime Council (NMC), condemned the multiple incidents of dangerous maneuvers and harassment by Chinese vessels against Filipino fisherfolk and ships in the West Philippine Sea (WPS). "The National Maritime Council (NMC) strongly condemns the recent...
The China 's embassy in Manila has brought up the Middle East conflict affecting the situation in the Philippines to criticize "some forces" who are supposedly trying to destabilize relations between the two sides. It was the first time that the embassy included hostilities in the region in...
Philippines’ most influential business coalitions pledged on Monday, March 30, to ramp up investments in renewable energy and implement aggressive conservation measures as the government scrambles to insulate the economy from the global oil shock triggered by escalating Middle East hostilities....
Lawrence Wu, Karl Villaflor and Wowie Evangelista continued their red-hot shooting and led their respective schools to the knockout semis matches in Smart Sports Fil-Chinese Athletic Association Inc. presented by Tanduay Athletics held recently at the Tanduay gym in Quiapo, Manila. The...
The Philippine Coast Guard (PCG) said Sunday, March 29, that it has intensified its maritime security protocols following the arrest of two Chinese nationals caught using falsified travel documents to enter Jolo, Sulu. The suspects were apprehended by personnel of the Coast Guard Station Zamboanga...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has expressed support for the government’s move to revive joint oil and gas exploration talks with China, citing the need for energy security amid global volatility. “FFCCCII welcomes the pronouncement of...
