The local stock market weakened after the government reported that the inflation rate rose again in April. The main index shed 33.91 points or 0.51 percent to close at 6,618.58 with sectoral indices evenly divided. Volume jumped to 7.9 billion shares worth P11.5 billion as losers beat gainers 98 to...
The Marcos administration has again turned to foreign creditors to seek financial support for the national government's budgetary needs. In a notice on Tuesday, May 7, the government announced its issuance of a dual-tranche benchmark-sized US dollar bond, marking the first offshore debt offering by...
Actress Maricel Soriano admitted that she formerly owned the condominium unit which was the subject of a supposed anti-illegal drug operation back in 2012 by the Philippine Drug Enforcement Agency (PDEA). (Photo from the Office of Senator Ronald "Bato" Dela Rosa) She disclosed this on...
The Department of Foreign Affairs (DFA) on Tuesday, May 7, made it clear that only the President can approve any agreement on the West Philippine Sea as it dismissed the validity of the so-called new model that China has been citing. DFA also confirmed that no Cabinet-level official of the current...
The Philippine Navy is treating China’s claim of “new model” agreement as a zombie story that should not be dignified, stressing that stories regarding it are all fabricated to drive a wedge among the Filipino people. Commodore Roy Vincent Trinidad, Navy spokesman for the West Philippine Sea,...
NEW YORK — U.S. stocks rose Monday and added to their gains from last week, as technology companies once again led the way. The S&P 500 rose 52.95, or 1%, to 5,180.74. The Dow Jones Industrial Average added 176.59, or 0.5%, to 38,852.27, and the Nasdaq composite jumped 192.92, or...
Quezon 2nd district Rep. David "Jay-jay" Suarez (Facebook) House Deputy Speaker Quezon 2nd district Rep. David "Jay-jay" Suarez has chided the Chinese not just for their presence in the West Philippine Sea (WPS), but in waters on the...
The inflation rate, or the rate of increase in prices of goods and services, inched up to 3.8 percent in April, as rice prices declined after a three-month surge, the Philippine Statistics Authority (PSA) reported Tuesday, May 7. This figure was a bit higher than the 3.7 percent recorded previously...
(Unsplash) Two ranking congressmen from Mindanao have called out China for its propaganda, which they believe is an attempt to create confusion among Filipinos on the West Philippine Sea (WPS) issue. Criticizing the Chinese over this...
Senator Ronald “Bato” dela Rosa, chairperson of the Senate Committee on Public Order and Dangerous Drugs (Senate PRIB) House Deputy Speaker and Quezon 2nd district Rep. David "Jay-jay" Suarez has told the Senate to shift its focus to urgent...
The local stock market rose a day before the government releases the April inflation data as upbeat first quarter corporate results start trickling in. The main index hiked 36.94 points or 0.56 percent to close at 6,652.49 led by the Industrial sector while the Property counter remained weak....
Retired United States Air Force (USAF) General Herbert "Hawk" Carlisle (Photo by Martin A. Sadongdong / MANILA BULLETIN) VIRGINIA, United States – Despite the aggressive and coercive actions being done by China in the West Philippine Sea, it is unlikely that a full-blown war will erupt anytime...
