Department of National Defense (DND) Secretary Gilberto Teodoro Jr. urged the support of the business community as he stressed the need to build a credible deterrence aimed at protecting both national sovereignty and economic progress in the face of China’s growing influence in the South China...
Armed Forces of the Philippines (AFP) Chief, General Romeo Barwner Jr. rallied soldiers in Oriental Mindoro on Thursday, Aug. 14, to press on with their relentless campaign against insurgency even after the death of their three comrades during a recent encounter with the New People’s Army (NPA)....
“I was thrilled,” Bangko Sentral ng Pilipinas (BSP) Deputy Governor for regional operations and advocacy sector, Bernadette “Berna” Romulo-Puyat, unabashedly shared her feelings about her close encounter with US Federal Reserve (US Fed) Chairman Jerome Powell. DG Berna was among the...
Police recovered six sacks of suspected floating shabu valued at P802 million in the shoreline of Barangay Sisiman, Mariveles, Bataan. Inside were 118 packs weighing a kilo each. The contraband was discovered near a lighthouse following information from a concerned citizen. An inventory was...
LEGAZPI CITY, Albay – Philippine National Police (PNP)-Bicol chief Police Brig. Gen. Nestor Babagay Jr. denied protecting illegal gambling in Tigaon town, Camarines Sur province. In a statement on Tuesday, Aug. 12, Babagay debunked an online article saying that he and Police Major Inar Vic...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Tuesday, Aug. 12, dismissed China’s claim that the Philippines was at fault for the recent collision between two Chinese vessels near Bajo de Masinloc in the West Philippine Sea (WPS), saying he would not dignify what he...
While economic reforms introduced since mid-2022 augur well for the second half of the Marcos Jr. administration, still-prevalent corruption and political noise—especially the conflict between the President and Vice President Sara Duterte—remain investor concerns, according to the think tank...
Razon-led Bloomberry Resorts Corp. reported a 52 percent fall in net income to ₱1.9 billion in the first half of 2025 from ₱4.0 billion in the same period last year due to weaker earnings from Solaire Entertainment City (SEC) as well as operating expenses of its new online gaming platform. In a...
With an already narrow output gap and the economy in a “goldilocks” or ideal state, the Bangko Sentral ng Pilipinas (BSP) said slashing key borrowing costs further by three-quarters of a point is unlikely, with two cuts more likely than one. “I think two is more likely than one. Two is still...
Despite recent interest rate cuts by the Bangko Sentral ng Pilipinas (BSP), inflation hitting nearly six-year lows in recent months, and still-muted second-quarter growth in some sectors, further reductions in key borrowing costs are seen as necessary. “We think the second-quarter GDP [gross...
Amid expectations of slower economic growth and lower inflation this year, global investment banking giant Goldman Sachs sees more interest rate cuts by the Bangko Sentral ng Pilipinas’ (BSP) Monetary Board (MB) during the next three quarters before pausing its easing cycle. In an Aug. 7 report,...
The Office of the Presidential Adviser on Peace, Reconciliation and Unity (OPAPRU) lauded President Ferdinand “Bongbong” Marcos Jr.’s assurance that the first parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) will proceed as scheduled on October 13....
