Nine years after the arbitral ruling in the West Philippine Sea was granted to the Philippines, challenges and uncertainties in the disputed waters remain. But the Philippines will not waver in fighting for the award and international law. Department of Foreign Affairs (DFA) Secretary Ma. Theresa...
The PSE index ended marginally lower as investors remain cautious amid uncertainty over United States (US) tariffs. The main index shed 3.32 points, or 0.05 percent, to close at 6,459.88, with sectoral indices equally divided. Volume was strong at 4.4 billion shares worth ₱9.45 billion, as...
Japan-based Toyota Group expects a potential slowdown in the export sales of its automotive parts from the Philippines as demand could dampen due to the tariff policy of the United States (US). Toyota Motor Philippines Corp. (TMP) reported that its export sales reached $1.2 billion last year,...
Two senators are hopeful that the proposed Blue Economy Act will be recognized as a national priority in President Marcos ' State of the Nation Address (SONA) on July 28. "I’m hopeful that some of the key measures we’ve already filed, like the proposed Blue Economy Act, will be recognized...
To regulate the growing exposure of Filipinos to gambling, the state-run Philippine Amusement and Gaming Corporation (Pagcor) has ordered all gaming licensees, operators, suppliers, and system administrators to take down all gambling-related billboards and other out-of-home advertisements. “We...
Senate President Pro Tempore Jinggoy Estrada slammed China’s attempt to block the screening of the Filipino documentary “Food Delivery: Fresh from the West Philippine Sea” shown at a film festival held in New Zealand. This was after the Chinese Consulate General in Auckland asked the...
The Philippine Chamber of Commerce and Industry (PCCI) stated that the government must intensify its efforts to expand the country’s export markets to maintain the competitiveness of local industries amid the increase in tariffs on Philippine goods by the United States (US). In a statement, the...
The Philippine Chamber of Agriculture and Food Inc. (PCAFI) is urging the government to invest in container barge terminals to facilitate a more seamless flow of commodities, which could potentially lower food prices. PCAFI said the project is ideal for underutilized ports situated among the...
The Philippine Stock Exchange index (PSEi) closed lower on Thursday, July 10, after the United States (US) increased tariffs on goods from Manila. The main index shed 41.14 points, or 0.63 percent, to settle at 6,463.20. Banks led the decline, while Services and Mining sectors saw strong gains....
The United States confirmed on Thursday, July 10, that its Navy–Marine Expeditionary Ship Interdiction System (NMESIS) missile system was used for the first time in a live-fire test in the Philippines during the recent Balikatan Exercise. US Pacific Fleet Commander Admiral Stephen Koehler said...
CEBU CITY – Inflation in Central Visayas dropped to its lowest so far this year, from 0.9 percent in May to 0.2 percent in June. The Philippine Statistics Authority-Central Visayas (PSA-7) said the 0.2 percent decrease was a dramatic slowdown compared to 4.8 percent in June 2024. The significant...
The country’s leading Catholic education institutions on Tuesday, July 9, strongly opposed the proposed removal of Senior High School (SHS) from the Philippine education system, calling the move “untimely” and “dangerously shortsighted.” In a joint statement, the Catholic Educational...
