Department of National Defense (DND) Secretary Gilberto Teodoro Jr. launched a scathing rebuke against China on Tuesday night, May 5, for its attempts to “vilify” Japan as combat forces from Tokyo joined the annual Exercise Balikatan for the first time. Teodoro characterized Beijing 's...
Samarkand, UZBEKISTAN — The Asian Development Bank (ADB) said central banks should be cautious about raising interest rates too quickly in response to supply shock-driven inflation, even as the Bangko Sentral ng Pilipinas (BSP) is now widely expected to tighten monetary policy further after April...
Positioning itself beyond commercial storytelling, Rein Entertainment is pursuing projects that confront urgent social realities, with its latest series turning to one of the country’s most contentious issues: the drug war. Reflecting that direction is "Drug War: A Conspiracy of Silence," now in...
DUBAI, United Arab Emirates (AP) — The U.S. military said it fired on Iranian forces and sank six small boats targeting civilian ships as it moved to reopen the Strait of Hormuz on Monday. The United Arab Emirates, a key American ally, said it had come under attack from Iran for the first...
Headline inflation or annual price increases soared to a 37-month high of 7.2 percent in April, mainly as domestic fuel and food prices skyrocketed due to the global oil price and supply shocks caused by the prolonged war in the Middle East. The Philippine Statistics Authority ’s (PSA) latest...
Vice President Sara Duterte said the case filed against her father, former president Rodrigo Duterte, before the International Criminal Court (ICC) is expected to proceed to full trial, acknowledging that there appears to be no path toward its dismissal. “We don’t see any way that the ICC will...
Government anti-narcotics authorities seized on Sunday, May 3, around P61 million worth of suspected shabu following the arrest of four talleged drug personalities during a buy-bust operation in General Trias, Cavite, the Philippine Drug Enforcement Agency (PDEA) stated. In a statement, the PDEA...
The Philippines’ manufacturing sector slipped into contraction in April amid the prolonged war in the Middle East that has driven up costs and disrupted trade flows, according to market intelligence firm S&P Global. The country ’ s purchasing managers’ index (PMI) fell to 48.3 last month...
Samarkand, UZBEKISTAN — Central bank and finance chiefs from across the Association of Southeast Asian Nations (ASEAN), China, Japan, and South Korea are bracing for slower economic growth and higher inflation risks amid a prolonged war in the Middle East. In a joint statement on Sunday, May 3,...
Signs of stagflation are surfacing in the Philippine economy as it enters the second quarter of 2026, with private sector economists warning of a precarious mix of stalled growth and surging consumer prices. The country’s economic output likely posted only a tepid recovery from the previous...
The peso is at risk of crumbling to a record low of ₱63 against the United States (US) dollar if a protracted Middle East conflict drives oil prices higher and forces Washington to adopt a more hawkish policy stance. Estimates by the Japanese financial giant MUFG Bank Ltd. show that in a risk...
WEST PALM BEACH, Fla. (AP) — President Donald Trump said on Saturday that he was reviewing a new Iranian proposal to end the war but also expressed skepticism it would lead to a deal. "I 'll let you know about it later," he said before boarding Air Force One, adding that "they 're going...
