Aaron Jude Bado’s bronze medal feat at the 2024 World Boxing Cup in Ulaanbaatar, Mongolia came at a price on Tuesday, Sept. 25, after suffering an accidental headbutt that rendered him unfit to continue his gold-medal campaign. Aaron Jude Bado, left, with head coach Roel Velasco. (ABAP) Competing...
It’s only a rumor until it becomes a reality. This, according to Senate President Francis “Chiz” Escudero, is how he dismiss reports of a rumored attempt to oust him. “If it’s a rumor it didn’t happen. If it happens then it becomes a reality. But for the meantime, it’s a...
Boracay, arguably the crown jewel of Philippine tourism The proposed measure that seeks to implement a value added tax (VAT) refund mechanism for non-resident tourists in a bid to encourage more spending is now one step away from becoming law. During...
Inflation in the Philippines is expected by the Asian Development Bank (ADB) to further ease as reduced import tariffs on staple rice and other food products spill over to domestic retail prices, boosting consumption and overall economic growth. The Manila-based ADB's Asian Development Outlook...
Airbus Group Inc. is courting the Armed Forces of the Philippines (AFP) to enhance its air defense and security by offering a more modern fleet and technology amid ongoing tensions in the West Philippine Sea. At a news briefing in Pasay City on Tuesday, Airbus Chief Representative for the...
President Marcos' chief economic manager expects further appreciation of the peso against the US dollar, driven by increased remittance inflows during the upcoming holiday season. In a briefing on Tuesday, Sept. 24, Finance Secretary Ralph G. Recto explained that the local currency typically...
L-R: Agile Zamora, Consul Helen Ong, Dr. Daisy Tabuena, Vivian Caramba, Dr. Rollin Tabuena, Malou Martinez, Shirely Sobremonte, Mags Cue, Bernie Caramba The SJW Building in Paseo de Magallanes was transformed into a beautiful place of style and philanthropy as it hosted the afternoon party...
Union Bank of the Philippines (UnionBank) is infusing an additional capital of up to P1.6 billion in subsidiary UnionDigital Bank Inc. which has been reported to be booking losses recently. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its board of directors approved the...
The Bangko Sentral ng Pilipinas' (BSP) monetary policy easing cycle is expected to extend until the first half of 2025, to slash the key interest rate to 4.75 percent, according to the think tank Capital Economics. "The central bank [BSP] cut interest rates at its August meeting. With growth set to...
(Unsplash) Hommittee on Ways and Means chairperson and Albay 2nd district Rep. Joey Salceda said he will push the House of Representatives to adopt the proposed Senate measure that seeks to implement a value added tax (VAT) refund mechanism for tourists to...
Department of National Defense (DND) Sec. Gilberto Teodoro Jr. poses with members of the Philippine Bar Association (PBA) during their 132nd Foundation Day and Law Day Celebration in Makati City. (Photo: DND) Department of National Defense (DND) Secretary Gilberto Teodoro Jr. called on the...
Aboitiz-led UnionBank of the Philippines has landed among the world's top issuers of digital bonds, according to the ranking of economic think tank Official Monetary and Financial Institutions Forum (OMFIF). In the OMFIF Digital Monetary Institute's Digital Assets 2024 report launched on Sept. 17...
