As the solemn observance of Holy Week begins, millions of Filipinos are once again preparing to leave the cities—heading home to their provinces, visiting pilgrimage sites, or taking a much-needed break with family. Alongside this annual movement comes a familiar reality: crowded terminals, fully...
Amid the persistent shadow of Chinese maritime presence, a new symbol of Filipino resilience is taking root in the sand of the Kalayaan Island Group (KIG). The Philippine Coast Guard (PCG) said that local officials and ranking dignitaries gathered on Pag-asa (Thitu) Island, a remote outpost in the...
China has claimed that a Philippine ship deliberately made a dangerous turn in the waters off the Spratly Islands in an action that Filipino officials reported to be rather intentionally caused by Chinese personnel. Zhai Shichen, spokesman for China 's People 's Liberation Army (PLA)...
The Philippine economy, long a darling of emerging market growth, is shifting into a defensive war footing. As Brent crude flirts with atmospheric heights and the Middle East conflict continues to choke the Strait of Hormuz—the world’s most vital energy artery—President Ferdinand Marcos Jr....
The Philippine Stock Exchange index (PSEi) was slightly lower on Friday, March 27, after the peso slid to a new low amid high oil prices fueled by the conflict in the Middle East. The main index shed 11.37 points, or 0.19 percent, to close at 5,972.83. Miners led the correction, while conglomerates...
Moody’s Ratings has assigned a first-time ‘Ba2’ corporate family rating to Philippine Airlines Inc. (PAL), citing the flag carrier’s dominant market position and rehabilitated balance sheet against the backdrop of looming energy emergency in the country. In a statement, Moody’s noted the...
The global oil shock triggered by escalating conflict in the Middle East is hitting the Philippines’ poorest households the hardest, as surging fuel costs spill over into food prices and erode purchasing power. A March 26 position paper by state-run policy think tank Philippine Institute for...
The Philippine Navy (PN) said its personnel aboard the landing ship BRP Benguet (LS507) averted a possible collision after a Chinese warship allegedly made a dangerous approach near Pag-asa (Thitu) Island in the West Philippine Sea (WPS). The Western Command (Wescom) said the incident happened...
Factory-gate prices in the Philippines rose at their fastest pace in nearly three years in February, reflecting growing cost pressures in the manufacturing sector. The Philippine Statistics Authority (PSA) reported on Friday, March 27, that the producer price index (PPI) for manufacturing...
The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
Cohan van Dijk of the Netherlands delivered a world-class performance in punishing conditions, carving out a dramatic victory over Japan’s Hiro Karamon and Thailand’s Joseph Weston to reign supreme in the men’s Freestyle division of the ICTSI Philippine Kiteboarding Tour Season 11 at Aqua...
The Federation of Philippine Industries (FPI) is backing targeted measures to mitigate the impact of surging energy costs, though the group warned that remote-work mandates must account for the operational realities of the manufacturing sector. The International Energy Agency recently urged global...
