The naturalization bid of Bennie Boatwright was approved on third and final reading during the Senate special session on Wednesday, June 17, putting him on track to join Gilas Pilipinas in time for its Asian Games title defense. The Senate voted 13-0 to give green light to the House Bill No. 6639...
Frankfurt-based Deutsche Bank AG has called for a jumbo 50-basis-point (bp) interest rate hike on Thursday, arguing that a larger increase would tackle growing price pressures head-on and avoid the need for more drastic tightening later. In a June 12 commentary, Deutsche Bank wrote that the Bangko...
Philippine bond yields posted one of the largest increases in emerging East Asia in recent months as the war in the Middle East fueled inflation, prompted tighter monetary policy, and heightened investor concerns over the country’s economic vulnerabilities, according to the Asian Development Bank...
De La Salle University (DLSU) economists have lowered their 2026 economic growth forecast anew, warning that mounting global and domestic shocks could leave the Philippine economy posting its slowest post-pandemic expansion this year. In their latest report on the Philippine economy for June 2026...
Veteran Alyssa Valdez, the face of the sport for more than a decade already, was holding back her tears while answering the question on why she took the challenge to lead Alas Pilipinas’ campaign in the just-concluded 2026 AVC Women’s Volleyball Cup in Candon City. “I’ve been asking myself...
British banking giant Barclays said dovish members of the Monetary Board (MB) will likely support a less aggressive policy stance amid signs of cooling inflation, adding that monetary authorities may reverse their tightening cycle by 2027 to buoy a slowing economy. “With the May inflation print...
Money sent home by overseas Filipinos (OFs) fell to $2.72 billion in April, dropping from the $2.87 billion recorded in March to hit its lowest level since May last year, as tighter budgets constrained cash transfers. According to the latest data from the Bangko Sentral ng Pilipinas (BSP) released...
Stubborn inflation is forcing the Bangko Sentral ng Pilipinas (BSP) to seriously consider higher borrowing costs, a move that threatens to worsen the sharp economic slowdown already hitting the country. Since the BSP delivered a quarter-point hike to 4.5 percent in April, calls for further...
To complement its enhanced credit exposure reporting and credit management system, the Bangko Sentral ng Pilipinas (BSP) is expanding access to credit information, allowing individual and corporate borrowers to view their own credit data upon identity verification. This initiative is part of a...
CANDON CITY – After all, South Korea is just too good at everything. The tournament debutant South Koreans lived up to their lofty billing and dismantled Chinese Taipei, 25-19, 25-19, 25-22, to capture the 2026 AVC Women’s Volleyball Cup title before the thousand fans here at the jam-packed...
The Gilas Pilipinas Boys team displayed poise under pressure and shrugged off a tough stand from Thailand, 85-70, to reign supreme in the FIBA U18 Asia Cup SEABA Qualifiers at the Chankapoh Gym on Sunday, June 14. Threatened for the first time in the tournament after the host kept itself within...
CANDON CITY — Alas Pilipinas showed grit but just couldn’t contain Iran’s assault as it dropped a 21-25, 12-25, 21-25 loss to settle for an eighth-place finish in the 2026 AVC Women’s Volleyball Cup at the Candon City Arena Sunday morning, June 14. Eager to make a statement in their final...