The Philippine Coast Guard (PCG) will be receiving at least 40 fast patrol crafts (FPCs) from France, the vessels are expected to further improve the country’s response capabilities in search and rescue operations, environmental protection, maritime law enforcement, and disaster response....
President Marcos has renewed his administration's resolve to prioritize the Philippine Marine Corps (PMC)'s modernization to ensure its defense capabilities align with the country's strategic needs. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he graced the...
The Catch-Up Fridays program, a learning mechanism designed to enhance students' abilities in reading, critical thinking, analysis, and writing, will be recalibrated, according to the Department of Education (DepEd). (DepEd / file photo) Dennis Legaspi, Media Relations Chief from the Office of...
The local stock market plunged after the government reported slower-than-expected growth for the Philippine economy and Donald Trump won the US presidential race. The main index fell by 150.98 points, or 2.11 percent, to close at 7,014.44, with the Property sector still leading the decline,...
After narrowing in August, the country's trade deficit widened again in September as exports fell sharply while imports continued to rise, the Philippine Statistics Authority (PSA) reported. PSA data showed the trade balance—the difference between exports and imports—increased to a...
The National Economic and Development Authority (NEDA) remains confident that the government can still achieve its full-year growth target despite a slowdown in gross domestic product (GDP) growth in the third quarter of 2024. In a briefing on Thursday, Nov. 7, the Philippine Statistics Authority...
Soaring interest payments, especially for debts that piled up to fight the Covid-19 pandemic, may slow down fiscal consolidation or budget-deficit reduction in the Philippines, according to the think tank Oxford Economics. "Because government deficits have ballooned quickly in the last few years, a...
House Speaker Martin Romualdez (left), US President-elect Donald Trump (Facebook) House Speaker Martin Romualdez expressed belief that maritime security--one of the biggest and constant concerns of the Philippines--will remain a priority under...
Maj. Gen. Romulo A. Manuel Jr. (left), commander of the Philippine Army Reserve Command, is being briefed by Col. Richard T. Servito (middle), commander of the Army Aviation Regiment, during his visit to the Aviation Regiment based at Fort Magsaysay in Palayan, Nueva Ecija on Nov. 5, 2024. (Photo:...
The bill seeking the full development of the Philippines’ natural gas industry was approved by the Senate on second reading on Tuesday, Nov. 5. Sen. Pia S. Cayetano stands firm to promote indigenous gas as she continues to defend Senate Bill No. 2793 or the Philippine Natural Gas Industry...
While imports picked up from its August decline, exports and factory output continued declining to a two-month low mainly due to seasonal demand shifts, the Philippine Statistics Authority (PSA) reported Wednesday, Nov. 6. Total exports in September 2024 were valued at $5.96 billion, showing an 8.9...
The local stock market fell due to a possible Trump win in the US elections. The main index lost 92.52 points or 1.27 percent to close at 7,165.42 with the retreat led by the Property sector. Volume dipped to 1.33 billion shares worth P4.58 billion as losers beat gainers 105 to 83 with 49...
