China Bank Savings Inc., the thrift retail banking arm of Sy-led China Banking Corp., plans to push forward with its brick-and-mortar expansion, leaning on wider consumer margins to buffer against persistent inflation and elevated global interest rates. James Christian Dee, CBS president, said the...
Malacañang defended Department of National Defense (DND) Secretary Gilberto “Gibo” Teodoro Jr. over China 's imposition of sanctions against him, saying he was just performing his duties. While the Palace recognized that China has its own laws and policies, Teodoro was also doing his job...
The Department of Foreign Affairs (DFA) has strongly refuted claims made by former Supreme Court Associate Justice Antonio Carpio regarding the Agreement under the United Nations Convention on the Law of the Sea (UNCLOS) on the Conservation and Sustainable Use of Marine Biological Diversity of...
Senator Risa Hontiveros on Tuesday, June 16, condemned China’s illegal installation of a floating platform and communications antenna at Bajo de Masinloc saying it only shows “how much of a bully” the Philippines’ neighbor is. “China has yet again violated international law, ignored the...
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...
