Money sent home by overseas Filipinos (OFs) fell to $2.71 billion in May, dropping to its lowest level in a year and signaling that growth may be losing steam amid renewed deployment risks stemming from the Middle East conflict. The latest Bangko Sentral ng Pilipinas (BSP) data released on...
Defense lawyers on Wednesday, July 8, questioned a National Bureau of Investigation (NBI) senior agent over the absence of affidavits from President Ferdinand Marcos Jr., First Lady Liza Araneta-Marcos, and former House Speaker Martin Romualdez in the agency’s investigation into Vice President...
Carlo Biado displayed steely nerves and edged out compatriot Paolo Gallito in a hill-hill all-Filipino finale, 10-9, to capture the 2026 International Indonesia 10-Ball Open crown in Jakarta over the weekend. Biado, 42, battled back from a 5-8 deficit before he gained enough momentum to rule the...
The central bank is grappling with an “unusual” inflation shock following the historic ₱85 daily minimum wage hike in Metro Manila, though a hyper-aggressive policy response is unlikely, according to Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. On the sidelines of a BSP book...
Consumer prices likely moderated in June on the back of lower food and fuel costs, though sticky underlying pressures are poised to keep the central bank on a hawkish path. Headline inflation may have cooled to as low as six percent last month, the Bangko Sentral ng Pilipinas (BSP) said in a...
The Association of Boxing Alliances in the Philippines (ABAP) is sending the strongest possible team to the 20th Asian Games, with Olympic medalists leading the fight for the country 's medal bid in the tournament slated Sept. 19 to Oct. 4 in Japan. ABAP, led by president Marcus Manalo, is...
Companies scaled back borrowing from Philippine banks’ foreign currency funds in the first quarter, pulling total loans down to $15.44 billion as high global interest rates made dollar debt increasingly expensive. According to the latest data from the Bangko Sentral ng Pilipinas (BSP),...
Jonas Magpantay stamped his class and annihilated Chinese Taipei’s Chang Sheng Yi, 13-5, to reign supreme in the 2026 Universal 9-Ball Open in Jakarta, Indonesia Sunday, June 28. Coming off as one of the top Filipino cueists in the four-day meet, Magpantay, 32, overcame a lackluster start after...
ABS-CBN Corp. vowed to defend itself against allegations of financial mismanagement and “creative bookkeeping” lodged by its board member, pushing back against the regulatory probe that threatens to deepen the media company’s long-running financial distress. In a statement, the Lopez-led...
The Philippine boxing team ramped up its preparations for the 2026 Asian Games after capturing four gold and one bronze medal in tournaments held in Serbia and the Netherlands over the past few weeks. Clark Vicera and Riza Pasuit led the charge for the Filipino fighters by topping their respective...
Tokyo Olympics silver medalist Carlo Paalam and 19-year-old prospect Clark Vicera ruled their respective weight divisions in the Eindhoven Box Cup 2026 in the Netherlands on Monday, May 25. Paalam stamped his class in the men 's elite 55 kilogram division after dominating England’s Abdul...
Actress Bela Padilla is currently at the center of controversy after rumors surfaced claiming that she has allegedly become a “headache” for the production team of her ongoing series “Blood vs. Duty.” The issue was recently discussed by comedian and talent manager Ogie Diaz in his...