While no Filipinos have been reported hurt in Iran due to Israel’s missile attacks, Department of Foreign Affairs’ (DFA) Undersecretary Eduardo de Vega said disclosed that “some Filipinos” have been left traumatized by the airstrikes between Israel and Iran. De Vega told ANC 24/7 on...
The ongoing war between Israel and Iran pulled down the PSEi as it made investors jittery. The main index dropped 37.01 points, or 0.58 percent, to 6,358.58, although sectoral indices were evenly split. Volume was strong at 1.07 billion shares worth ₱8.82 billion, as losers outnumbered...
The Philippine peso continued to weaken on Monday, June 16, after slipping back to the ₱56 level against the United States (US) dollar on Friday last week due to escalating conflict in the Middle East. The local currency further depreciated at the start of the week, closing at ₱56.41,...
The Armed Forces of the Philippines (AFP) welcomed the possible deployment of a second battery of the Typhon mid-range capability (MRC) to the country by the United States government. AFP spokesperson Colonel Francel Margareth Padilla said the move will further strengthen the deterrence...
The Philippine Army (PA) hailed on Monday, June 16, the achievements of the 8th Infantry Division (8ID) against the communist insurgency in Eastern Visayas (Region 8). Lt. Gen. Roy Galido, PA commanding general, visited the headquarters of 8ID at Camp Vicente Lukban in Catbalogan, Samar over the...
Two Filipino military cadets have successfully completed their pre-commissioning training at the Indian Military Academy (IMA) in the city of Dehradun, northern state of Uttarakhand, India. Second Lieutenants Anthony Ehapon and Len John Kent Valbarez received their rank insignias from Lt. Gen....
Four Filipinos, with one of them in critical condition, were injured due to Iran’s retaliatory attacks against Israel, according to the Department of Foreign Affairs (DFA). In a statement posted on Facebook on Sunday midnight, the Philippine Embassy in Tel Aviv said that a Filipina caregiver is...
Year after year, millions of Filipinos make the difficult decision to leave their families or loved ones behind for a chance of earning more and providing them with a better life. Mothers and fathers lose the opportunity to watch their children grow, while young adults or single Filipinos are...
Waking up to a home flooded up to hip level or reporting for work only to find out you have been let go by the company are scenarios one would wish were just a bad dream. For Karla and Paulo, however, this was their reality when Typhoon Ondoy and the global pandemic happened, respectively. Faced...
A sari-sari store around the corner, eateries lining up on the side of a street, 24/7 community laundry shop, or a digital marketing start-up agency are just a few examples of MSMEs or micro, small, and medium-sized enterprises that play a crucial role in providing employment and driving economic...
The Philippines is expected to import less wheat in the upcoming market year as demand for animal feed weakens, reversing an initial forecast of increased uptake, according to the United States Department of Agriculture (USDA). In its “Grain: World Markets and Trade report, the USDA’s Foreign...
Top influencers of investor sentiment this week will be the possible rate cut by the Bangko Sentral ng Pilipinas, overseas Filipino remittances, US-China trade talks, and the increasing tension in the Middle East. “The local market managed to extend its climb last week, backed by optimism on...
