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...
PARIS (AP) — From the outset, China wasn 't included when major powers gathered in 1975 at a chateau outside Paris to fix the slumping global economy, the first of what have become annual summits by the G7 club of wealthy nations to forward their interests. No surprise there. Imagining...
Senator Francis “Kiko” Pangilinan on Saturday condemned China 's sanctions against Department of National Defense (DND) Secretary Gilberto “Gibo” Teodoro Jr., calling the move a direct affront to the Philippine government and its sovereign decisions. In a statement, Pangilinan said...
The Armed Forces of the Philippines (AFP) and Philippine Coast Guard (PCG) on Saturday, June 13, expressed support for Department pf National Defense (DND) Secretary Gilberto Teodoro Jr. following China 's decision to impose sanctions on him and his immediate family members. In a statement...
The national government has intensified the monitoring and transparency measures to prevent further escalation in the West Philippine Sea (WPS) even as maritime experts warned that China 's ongoing activities in Bajo de Masinloc (Scarborough or Panatag Shoal) could be part of a long-term...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. on Friday, June 12, shrugged off sanctions imposed by China against him and his family, saying the move would not stop him from carrying out his duties and speaking out against Beijing 's illegal actions in the West Philippine...
The Department of Foreign Affairs (DFA) has described China’s sanctions against Defense Secretary Gilberto “Gibo” Teodoro Jr. and his immediate family as an “unfriendly act” that could further strain relations between Manila and Beijing. In a statement issued late Thursday night, June 11,...
MANILA, Philippines (AP) — The Philippine government said Friday that China 's imposition of sanctions, including an entry ban, against Defense Secretary Gilberto Teodoro Jr. was "an unfriendly act" that could further strain relations, while he vowed to continue defending Manila 's...
President Marcos will not allow the Philippines to lose control of Bajo de Masinloc amid concerns over China 's deployment of floating structures in the disputed shoal, Malacañang said on Thursday, June 11. Presidential Communications Office (PCO) Undersecretary Claire Castro gave the...
NEW YORK (AP) — A massive underground detector aimed at understanding the mysterious ghost particles in our universe released its first major results on Wednesday. The Jiangmen Underground Neutrino Observatory in China started collecting data in August with the goal of understanding neutrinos:...
TAICHUNG, Taiwan (AP) — Taiwan 's military fired rockets in China 's direction from "shoot-and-scoot" mobile launchers on Wednesday in a demonstration of how it might try to repel a Chinese attack. While the U.S.-supplied system known as HIMARS has been tested before, the latest...
The Philippine government has lodged a diplomatic protest and issued several demarches against China over the presence of a floating structure in Bajo de Masinloc (Scarborough Shoal), a move that underscores continuing tensions in the West Philippine Sea nearly a decade after Manila 's...
