Singapore-based United Overseas Bank (UOB) anticipates the Philippine central bank will lower borrowing costs in December, citing manageable inflation and rising risks to economic growth. “Monetary policy is well-positioned for what lies ahead,” said Julia Goh, senior economist at executive...
Military personnel from the Philippine Navy (PN), Japan Maritime Self-Defense Force (JMSDF), and United States Navy (USN) exchange insights during a pre-sail conference aboard JS Samidare at Pier 15 in Manila on December 4, 2024. The Armed Forces of the Philippines (AFP) leads a multilateral...
Ayala Healthcare Holdings Inc. (AC Health), a member of the Zobel-led Ayala Group, is leading the private sector’s efforts to fight the HIV epidemic in the Philippines through a partnership with the US Agency for International Development (USAID). In a statement, the country’s oldest...
The Department of Foreign Affairs (DFA) has confirmed that embattled former presidential spokesman Harry Roque was in the United Arab Emirates (UAE) and staying there "legally." DFA spokesperson Ma. Teresita Daza on Tuesday night, Dec. 3. said Roque and his wife, Mylah, appeared at the Philippine...
The war against corruption is far from over, President Marcos said, stressing the government must shift from merely enforcing laws to promoting integrity. President Ferdinand R. Marcos Jr. speaks during the 5th State Conference on the United Nations Convention Against Corruption (UNCAC)...
The Philippines will take part in the proceedings of the United Nations' (UN) International Court of Justice (ICJ) on climate change, the Office of the Solicitor General (OSG) said on Monday, Dec. 2. “The Philippines will participate in the oral proceedings at the International Court of Justice...
The United States has offered members of the Association of Southeast Asian Nations (ASEAN) its help to bolster their domain awareness to address cases of illegal intrusions and coercion. According to the US Defense Department, securing domain awareness is a foundational aspect of supporting its...
Asia United Bank (AUB) of the Ng family aims to gain more market share for its e-wallet business by expanding its product offerings and widening its global reach. "To continue growing our e-wallet market share, we will embark on more innovations in the coming years, such as offering microinsurance...
Bulacan’s agricultural communities received significant assistance from the United Arab Emirates (UAE) to help them recover from the impacts of Tropical Storm Kristine. Governor Daniel R. Fernando and Vice Governor Alexis C. Castro together with some of the 3,000 Bulakenyo farmers who received...
The US government’s aid arm has extended over $8-million (more than P471-million) assistance so far this year to Philippine communities badly hit by a string of strong typhoons that battered the country. In a Nov. 19 statement, the United States Agency for International Development (USAID) said...
Senator Jinggoy Estrada urged the Philippine government to consider bringing China's baseline claim before the Permanent Court of Arbitration (PCA) in The Hague or even to the United Nations. Estrada said this in response to China’s recent efforts to reinforce its claim over the West Philippine...
With the signing of the Philippine Maritime Zones (PMZ) Act, Senate Majority Leader Francis Tolentino said that this would strengthen the Philippines' rights to explore and exploit natural resources in the Philippine Sea - including Talampas ng Pilipinas (Philippine Rise or Benham Rise). According...