Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has warned that trade shocks are more damaging than supply shocks—as they can shrink the country’s capital stock and slow growth—which monetary policy is not equipped to address. Remolona said at the International Monetary Fund (IMF)...
The Office of the President recognized the Securities and Exchange Commission (SEC) for its role in the Philippines’ exit from the grey list of global financial crimes watchdog Financial Action Task Force (FATF). In a ceremony at the Malacañan Palace, President Marcos, together with Executive...
DENVER (AP) — The Denver Nuggets knew bouncing back from their 43-point loss would mean hanging with the tubro-charged, top-seeded Oklahoma City Thunder so that they could tap into their experience, home environment and closing prowess. And that’s exactly how they won Game 3 on Friday...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. accused Friday, May 9, the People’s Republic of China (PRC) and its “non-state rogue actors” of meddling in the upcoming midterm elections. The defense chief cited several Chinese tagged in alleged spying that law enforcement...
Maharlika Investment Corp. (MIC), which manages the Philippines ' first sovereign wealth fund, is eyeing at least three new investments before the year ends, aiming to bring total capital commitments to as much as ₱37 billion just two years into its establishment. In a telephone interview on...
Martial arts aces led by Carlos Baylon Jr. of wushu took the cudgels for Philippine sports in April. Baylon delivered a breakout performance in the IWUF 10th Sanda World Cup in Jiangyin, China, where he anchored a one-gold, two-bronze haul for the country. Competing in the men’s 56 kg class,...
Villar-led Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers, posted an 11 percent growth in net income to ₱9.36 billion last year from ₱8.45 billion in 2023 due to higher real estate sales and lower expenses. In a disclosure to the Philippine Stock...
A 23-year-old young man from Quezon City defied all odds to emerge as the valedictorian of the Philippine Military Academy’s (PMA) SIKLAB-LAYA Class of 2025. Cadet First Class Jessie Jr. Ticar will graduate as a summa cum laude of the Class SIKLAB-LAYA ( Sundalong Isinilang na Kasangga at Lakas...
The Independent Electricity Market Operator of the Philippines (IEMOP) has assured that the Wholesale Electricity Spot Market (WESM) will see stable prices even after the 2025 midterm elections. In a briefing on Tuesday, May 6, Isidro Cacho Jr., IEMOP head of trading operations stated that the...
Port operator International Container Terminal Services Inc. (ICTSI) saw record-high earnings of $239.54 million in the first quarter of the year, driven by strong growth in its international portfolio, which remains relatively unaffected by recent trade upheavals caused by tariffs imposed by the...
Villar-led Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and the country’s largest homebuilder, has raised $150 million from a syndicated term loan facility arranged by Sumitomo Mitsui Banking Corporation. In a disclosure to the Philippine Stock...
