Top business executives across the Asia-Pacific are urging regional leaders to reaffirm their commitment to free trade amid escalating trade tensions and global uncertainties. The APEC Business Advisory Council (ABAC), which provides the private sector’s perspective on matters concerning the...
All gambling-related advertisements have now been added to the list of items or categories subject to mandatory screening under the new agreement between the Philippine Amusement and Gaming Corporation (Pagcor) and the Ad Standards Council (ASC). Signed on Wednesday, July 16, the memorandum of...
The Economy and Development (ED) Council has approved the North-South Commuter Railway (NSCR) operations and maintenance project, valued at around ₱229.3 billion, during its second meeting on Tuesday, July 15. Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M....
A total of 464 square meters of coral reef were damaged when a Chinese fishing militia anchored at a cay near Pag-asa (Thitu) Island in the West Philippine Sea (WPS) in June. This was the revelation made by marine scientists from the Palawan Council for Sustainable Development (PCSD) and the...
The arbitral award on the South China Sea granted to the Philippines in 2016 was a testament to the power of “right over might,” the National Maritime Council (NMC) said. “The Philippines commemorates with the international community the 9th anniversary of the 2016 Arbitral Award on the...
The inter-agency Financial Stability Coordination Council (FSCC) reassured that Philippine banks maintain robust capitalization and ample liquidity buffers, navigating through global and local challenges. The BSP said in a statement released on Monday, July 7, that during the FSCC’s meeting for...
Outgoing Department of Foreign Affairs (DFA) Secretary Enrique Manalo is seeking to adopt a standard set of names for the islands claimed by the Philippines in the disputed West Philippine Sea. In a post on X (formerly Twitter) on Friday, June 27, the DFA chief shared about signing the National...
President Marcos has greenlit a sweeping public-private partnership aimed at equipping Filipinos with the skills needed to thrive in an artificial intelligence (AI)-driven world, with plans to fast-track training programs, align education with emerging technologies, and expand student immersion in...
The Private Sector Advisory Council (PSAC) is recommending the establishment of a government-led roadmap aimed at equipping Filipinos with the capacity to successfully harness artificial intelligence (AI). PSAC, through its jobs and education sector, recently presented to President Ferdinand...
Amid escalating geopolitical tensions, a business mission from the United States (US) will visit the Philippines in August with the hope of attracting the government’s interest in modern defense and security equipment. In a notice seen by Manila Bulletin, the US-ASEAN Business Council (USABC)...
The Philippines is set to host the inaugural Association of Southeast Asian Nations-Business Advisory Council (ASEAN-BAC) retreat in July. ASEAN-BAC Philippines chair Joey Concepcion said the business retreat is a first-of-its-kind gathering that marks a significant step in redefining the...
The Philippines condemned on Sunday the China Coast Guard (CCG) for shadowing and hitting vessels of Bureau of Fisheries and Aquatic Resources (BFAR) with water cannons near Bajo de Masinloc. Through the National Maritime Council (NMC), the Philippines called on China to stop their unlawful...
