Global port operator International Container Terminal Services Inc. (ICTSI) continues its growth momentum in the first half of the year, with its net income growing by 15 percent to $483.84 million despite global trade uncertainties. In a disclosure to the Philippine Stock Exchange, ICTSI said its...
Despite meeting its first-half revenue target, Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. believes that hitting the “too high” ₱3.2-trillion full-year goal could be an uphill battle if regulators move to ban online gambling, a measure that may significantly dent tax...
Agriculture Secretary Francisco Tiu Laurel is pushing for the amendment of the Coconut Farmers and Industry Trust Fund Act as a measure to revitalize the country’s “underperforming” coconut industry. Enacted into law in 2021, as embodied under Republic Act (RA) No. 11524, the coco trust fund...
Armed Forces of the Philippines (AFP) Chief of Staff, General Romeo Brawner Jr. hailed as a success the first-ever joint sail between the Philippine Navy (PN) and Indian Navy in the West Philippine Sea (WPS) even as Chinese vessels shadowed the activity. The first maritime cooperative activity...
The death toll from the combined effects of tropical cyclones “Crising”, “Dante”, “Emong” and the southwest monsoon (habagat) has climbed to 38, the National Disaster Risk Reduction and Management Council (NDRRMC) reported Sunday, Aug. 3. In a report, the NDRRMC said most of the...
The Enhanced Defense Cooperation Agreement (EDCA) sites have been activated to serve as “staging areas” for the prepositioning of relief goods and rescue equipment for the victims of the recent typhoons and flooding. This was announced by United States Ambassador MaryKay Carlson in a statement...
The spokesperson of the Chinese Embassy in Manila slammed “some officials” of the Philippines for engaging in “political theatrics” and for trying to escalate the tensions between Manila and Beijing as it asserted its claims in the resource-rich South China Sea. In a statement on Friday,...
For the very first time, India will join the Armed Forces of the Philippines (AFP) in a joint sail in the West Philippine Sea (WPS) this weekend just as China called the Philippines a “troublemaker” in the South China Sea for rallying up nations to supposedly gang up on them, an accusation...
Lower interest rates would spur a faster Philippine economic expansion next year, according to the Washington-based multilateral lender International Monetary Fund (IMF). Referring to its latest forecasts for the Philippines contained in the recently published July 2025 World Economic Outlook (WEO)...
A list containing the names of five military generals was submitted by the Armed Forces of the Philippines (AFP) to President Marcos Jr. where he could pick the next Commanding General of the Philippine Army (PA). This was revealed by no less than AFP Chief, General Romeo Brawner Jr. on Wednesday,...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. and Armed Forces of the Philippines (AFP) Chief, General Romeo Brawner Jr. urged the Congress to amend the law mandating the modernization of the Armed Forces of the Philippines (AFP), citing the rapid pace of technological...
Philippine goods exports climbed 13.2 percent year-on-year to a record $41.24 billion in the first six months of 2025 as exporters front-loaded shipments ahead of the 19-percent tariff to be imposed by the United States (US), the country’s top export market. National Statistician Claire Dennis S....
