The United Nations Conference on Trade and Development (UNCTAD) is urging developing economies to reduce their dependence on the export of key commodities, citing the potential of those with a more diversified economic mix like the Philippines to nurture sustainable growth. Based on its 2025 State...
The defense lawyer of former president Rodrigo Duterte is seeking to cancel the confirmation of charges hearing for his crimes against humanity charges, citing the need for a status conference to be able to raise new information about the case. In a four-page document filed on July 17, lead...
The legal team of former president Rodrigo Duterte has formally requested the International Criminal Court (ICC) to convene an “urgent status conference” ahead of the scheduled summer recess this July 25, citing procedural delays that could impact the upcoming confirmation of charges hearing. ...
The Philippines has thrown its support behind a commitment to reform international financial systems to address the $4-trillion, or around ₱225-trillion, annual gap in sustainable development funding. Presented during the recent Fourth International Conference on Financing for Development (FFD4)...
The Senate is open to proposals seeking to enhance transparency of the budget process by opening the bicameral deliberations to the public. Senate Secretary Renato Bantug Jr. said the bicameral conference is a joint undertaking of the Senate and the House of Representatives, so both chambers have...
BDO Unibank Inc. President and CEO Nestor V. Tan’s recent election as the president of the International Monetary Conference (IMC) reflects the bank’s growing influence in the global financial sectors, it said. Tan has been elected as the president of the IMC for the 2025–2026 term. The...
The Philippines posted a substantial increase in net inflows of foreign direct investments (FDIs) last year, even as it held on to the sixth spot among Association of Southeast Asian Nations (ASEAN) members for the fourth consecutive year, according to the United Nations Conference on Trade and...
NICE, France (AP) — The third UN Ocean Conference opened Monday as pressure mounts for nations to turn decades of promises into real protection for the sea. "The fight for the ocean is at the heart of the yearslong battles we 've been waging — for biodiversity, for climate, for our...
As the world grapples with the continued rise of plastic pollution across marine and freshwater ecosystems, developing economies such as the Philippines are ramping up the production of non-plastic alternatives, with seaweed as a major source. In its latest global trade update, the United Nations...
Senators on Sunday, June 8 called for the immediate convening of the bicameral conference committee that will tackle the wage hike bill to provide the much needed income relief to private sector workers amid the growing economic pressures. Since both the Senate and House of Representatives have...
Many developing economies, including the Philippines, are expected to lose their competitiveness in the United States (US) market once the currently suspended tariffs imposed by the Trump administration are reinstated, according to the United Nations Conference on Trade and Development (UNCTAD)....
Photo from Pasay City Police A woman drug peddler was arrested by members of the Pasay City Police Drug Station Drug Enforcement Unit (SDEU) during a buy-bust operation and confiscated from her P104,040 worth of shabu on April 29. Col. Joselito de Sesto, Pasay City Police chief,...