The Department of Tourism (DOT) is banking on the launch of direct flights between Manila and Da Nang in Vietnam to strengthen regional mobility and cater to the shifting travel preferences of Filipino tourists. During the July 1 send-off ceremony for Philippine Airlines (PAL) Flight 585 at NAIA...
The Insurance Commission (IC) is proposing to increase premium rates for motor vehicle insurance while also expanding the maximum coverage for policyholders. A draft circular dated June 27, intended for review by non-life insurance companies, proposed an increase in certain basic premium rates for...
Investments approved by the Philippine Economic Zone Authority (PEZA) during the first half of 2025 rose 59 percent, as the government continues to position the country as an attractive investment hub. In a statement, PEZA said it has approved ₱72.36 billion in investment pledges from January to...
The Philippine peso is expected by Japanese financial giant MUFG Bank Ltd. to linger at the ₱56 level against the United States (US) dollar in the third quarter of 2025 before appreciating until early next year. In its latest Foreign Exchange Outlook report dated July 1, MUFG’s research arm...
The Philippine Stock Exchange index (PSEi) resumed its upward trend on Tuesday, July 1, driven by improved investor sentiment following the implementation of a lower stock transaction tax. The main index climbed 58.91 points, or 0.93 percent, to close at 6,422.85. The advance was led by...
“Since when has crafting legislation that asserts our sovereign rights been considered egregious conduct?” Senate President Pro Tempore Jinggoy Ejercito Estrada posed this question to the Chinese government as he it for imposing sanctions against former Sen. Francis Tolentino and banning him...
The Department of Social Welfare and Development (DSWD) has partnered with the Philippine Ports Authority (PPA) to preposition ready-to-eat food boxes in key ports across the country ahead of disasters, particularly during typhoons that disrupt sea travel. Under the agreement signed on June 27,...
While the recent reduction in the cost of trading stocks in the Philippines is expected to boost market activity at the Philippine Stock Exchange (PSE), more needs to be done to develop the local capital market, particularly in investor education. During the bell-ringing ceremony at the PSE marking...
Former senator Francis Tolentino considers China 's sanctions against him a badge of honor and a testament to his unwavering commitment to protect our national interest and the Filipino people 's dignity. Tolentino will not be allowed to enter mainland China, Hong Kong, and Macao after...
Vice President Sara Duterte hailed the Philippine Air Force (PAF) as it celebrated its 78th founding anniversary, citing how its longevity symbolized the its dedication and commitment to protecting the country’s airspace. “Nakikiisa ako sa inyong pagdiriwang ng araw na ito na sumisimbulo sa...
President Marcos has urged the Philippine Air Force to continue being a swift and responsive force, saying they owe it to the people. In gracing the 78th founding anniversary of the Air Force on Tuesday, July 1, Marcos reaffirmed his administration 's mission to improve the Air Force, and...
Improving the quality of education in the country hinges on the active involvement of local government units (LGUs), the Department of Education (DepEd) emphasized, as the Second Congressional Commission on Education (EDCOM 2) launched the “Bayang Bumabasa: Mayors for Literacy” challenge — an...
