Germany-based Deutsche Bank stated that the Bangko Sentral ng Pilipinas’ (BSP) cumulative 1.25-percent interest rate reductions have been unable to lift lending growth, as lower borrowing costs were not enough to outweigh persistent economic uncertainty. This follows BSP Governor Eli M. Remolona...
The Philippine Navy (PN) is set to evaluate navy destroyers from Japan which will reportedly be transferred as part of deepening defense ties between the two nations. Captain John Percie Alcos, PN spokesperson, said the Navy has undertaken preparatory steps for a Joint Visual Inspection (JVI) of...
Typhoon “Bising” (international name “Danas”) slightly weakened early Monday, July 7, as it moved over the northwestern portion of Taiwan, but continued to enhance the southwest monsoon (habagat), bringing rains and gusty winds over several areas in Luzon. According to the Philippine...
Will the Philippine education sector continue to grapple with a deepening crisis in 2025 and beyond? The Philippine Business for Education (PBEd) aims to answer this question and more as it presents its annual assessment of the country’s learning landscape on Monday, July 7. PBEd Chairman Ramon...
With the return of United States (US) President Donald Trump’s tariffs on the horizon, the Philippine peso may be advantaged by the economy’s relatively less exposure to global trade, according to Japanese financial giant MUFG Bank Ltd. “We are most positive on the currencies of...
The research heads of local stock brokers Abacus Securities Corporation and COL Financial have slashed their year-end forecasts for the Philippine Stock Exchange’s benchmark index because foreign investors (hot money and direct investments) continue to stay away, while corporate earnings growth...
Cautious trading is expected to prevail at the Philippine stock market this week as investors await developments following the July 9 deadline for United States trade negotiations. “We may see cautious sentiment as global trade uncertainties may take center stage again. This is as the US’ trade...
The Philippine Air Force (PAF) will launch the “Cope Thunder” Philippines 25-2 air combat exercise with the United States Pacific Air Forces (PACAF) at the Clark Air Base in Mabalacat, Pampanga on Monday, July 7. Lt. Gen. Arthur Cordura, PAF commanding general, will lead the ceremony while the...
The Philippine Navy (PN) disclosed Sunday, July 6, the appointment of Major General Vicente MAP Blanco III as the 37th commandant of the Philippine Marine Corps (PMC). Blanco took the helm during a donning of ranks and assumption of command ceremony at the Marine Barracks Rudiardo Brown, Naval...
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on the sale of electricity at all stages, in an effort to lower power rates and alleviate the financial burden on Filipino households and businesses. “The Philippines remains to be one of the...
The 13th Philippine Electric Vehicle Summit (PEVS) will be held from October 23 to 25, 2025, at the SMX Convention Center in Pasay City. With momentum building from both public and private sectors, EVAP aims to consolidate its efforts in pushing for the widespread adoption of electric mobility in...
Three decades after its creation, the Commission on Higher Education (CHED) is still falling short of its mandate to guide the nation’s higher education system, according to a recent report from the Second Congressional Commission on Education (EDCOM 2), which recommends a sweeping evaluation of...
