Vice President Sara Duterte on Tuesday, June 2, raised concerns over what she described as the misuse of government institutions and public funds against political opposition, warning that such actions threaten the country’s democratic system. In a video released by the Office of the Vice...
Local stocks surged, reclaiming the key psychological threshold, as rollback in domestic fuel prices and the strengthening local currency lured bargain hunters back to the equity market. The Philippine Stock Exchange index (PSEi) advanced 1.95 percent, or 113.37 points, to close at 5,912.69 on...
Filipino-American wrestler Matthew James Ramos on Tuesday, June 2 vowed to show up even until the last day of the Senate’s session day on Wednesday, June 3 for the plenary approval of a pending bill that seeks to grant him Philippine citizenship. The 23-year old athlete, who intends to become...
The country’s leading mining groups have defended tree-cutting activities overseen by mining companies, maintaining that such operations are tightly governed by stringent environmental oversight and regulatory requirements. In separate statements, the Chamber of Mines of the Philippines (COMP)...
A surge in the number of Chinese vessels monitored around Bajo de Masinloc (Scarborough or Panatag Shoal) in the West Philippine Sea (WPS) raised fresh concerns as defense and military officials said the national government is verifying reports of a possible structure or equipment spotted in the...
The Armed Forces of the Philippines (AFP) said it will verify the alleged exercises conducted by a massive Chinese carrier strike group in the Pacific Ocean, specifically east of Luzon, as an official admitted the military only learned of the deployment through public bulletins issued by Japan. The...
I am always flattered when I meet people well-established in their respective professions (those in their 40s to 60s) who tell me that they learned their basic economics from the textbooks I wrote in the 1970s and 1980s for both high school and college students, especially in private schools. The...
Vice President Sara Duterte, through her legal counsel, has formally filed her Answer before the Senate sitting as an Impeachment Court, challenging the constitutionality and validity of the impeachment case lodged against her. In an official statement released Monday, June 1, Duterte’s defense...
The Philippine Stock Exchange index (PSEi) rose on bargain hunting on Monday, June 1, after the steep drop over the last three trading days of the previous week. The main index added 30.56 points, or 0.53 points, to close at 5,799.32, mainly on the strength of the services sector as three sectors...
The Philippines and Vietnam are charting a “new” and “deeper” trajectory for their defense relationship amid a more volatile regional environment, proving that rival claimant-nations in the South China Sea (SCS) can cooperate civilizedly—a feat that Department of National Defense (DND)...
The Philippines and Vietnam reaffirmed their support for the 2016 South China Sea arbitral ruling, emphasizing the need to uphold international law and exercise self-restraint to maintain peace and stability in maritime disputes. In a joint statement released by the Department of Foreign Affairs...
Inflation may have surged to as high as 7.9 percent in May, driven by soaring basic commodity prices and the weakening local currency, according to the Bangko Sentral ng Pilipinas (BSP), Amid intensifying macroeconomic headwinds, global supply shocks filter into the domestic economy, the central...
