FA-50 light fighter jets of the Philippine Air Force fly with a B-52H bomber aircraft of the United States Pacific Air Force for its first ever combined air patrol over the West Philippine Sea on February 19, 2024. (Photo by PAF) Three FA-50 light jet fighters of the Philippine Air Force (PAF) and...
BEIJING, China (AFP) -- China's central bank on Tuesday cut a key benchmark lending rate used to price mortgages, as Beijing seeks to boost its flagging growth. Officials in China have struggled to kickstart economic growth as they battle a range of headwinds, including a prolonged...
In the Philippine Coast Guard (PCG), there's no equipment on its vessels that is manufactured in China, according to its spokesperson. Commodore Jay Tarriela, PCG spokesperson on West Philippine Sea, said that its modern vessels were built in and delivered by other "like-minded" countries such as...
Foreign Affairs Secretary Enrique Manalo has spoken against a “tendency” to make the South China Sea dispute the Philippines has with Beijing as a result of the rivalry between the United States and China, diminishing the country’s legitimate rights and interests in the region. (Photo...
The local stock market recovered the previous day’s loss as investor sentiment got a boost from the higher foreign direct investments data for November. The main index added 20.10 points or 0.30 percent to close at 6,872.92 as Industrials led the advance. Volume improved a bit to 557 million...
Commodore Roy Vincent Trinidad, Philippine Navy spokesperson for West Philippine Sea (Photo by Martin Sadongdong / MANILA BULLETIN) A total of 14 Chinese vessels were monitored in the West Philippine Sea (WPS) on Tuesday, Feb. 13, but the Philippine Navy (PN) was not alarmed as this was considered...
The local stock market will be looking for cues from fresh corporate earnings reports and the US inflation data this week, even as some profit-taking is expected after the recent rally fueled by the low inflation rate and expectations of rate cuts later this year. “The local market continues to...
Philippine Coast Guard (PCG) personnel hand out humanitarian aid to Filipino fishermen in Bajo de Masinloc, Zambales. (Photo by PCG) The Philippine Coast Guard (PCG) has completed a nine-day patrol operation in Bajo de Masinloc (Panatag or Scarborough Shoal) in Zambales which allowed over 100...
Department of National Defense (DND) Sec. Gilberto Teodoro Jr. (below, third from right) visits the northern frontier's maritime defense outpost in Mavulis Island in Itbayat, Batanes on Feb. 6, 2024. (Photo by Armed Forces of the Philippines) The Department of National Defense (DND) has cautioned...
Philippine Navy ship BRP Gregorio del Pilar (PS15) and US Navy ship USS Gabrielle Giffords (LCS 10) sail together in the West Philippine Sea during the third Maritime Cooperative Activity (MCA) on Feb. 9, 2024. (Photo by Armed Forces of the Philippines) The Armed Forces of the Philippines (AFP) and...
Foreign Affairs Secretary Enrique Manalo has sought the support of Switzerland in upholding the rules-based order in the highly-contested South China Sea. Manalo made this request when he met Thursday, Feb. 8, Switzerland’s top diplomat, Foreign Affairs Minister Ignazio Cassis, who was visiting...
Through the Maritime Silk Road, China was able to connect with different nations from Southeast Asia to the Arabian Peninsula. Its commercial peak happened during The Song (960-1279) and Yuan (1271-1368) dynasties, and during that time, the country wasn't just able to trade products but also share...