While the local stock market has been on a steady decline - down to its lowest level in nine months -- analysts do not see much relief as investor sentiment has turned bearish due to a confluence of negative factors. “The local market closed last week at 6,290.27, its lowest close since November...
The leaders of US, Japan and South Korea have taken a united stand to oppose China's militarization in the South China Sea as well as its coercive actions that undermine stability in the Indo-Pacific region. President Joe Biden, Prime Minister Fumio Kishida and President Yoon Suk Yeol expressed...
The Armed Forces of the Philippines (AFP) announced Saturday, August 19, that it will hold another rotation and reprovision (RORE) mission to Ayungin (Second Thomas) Shoal in the Kalayaan Island Group (KIG), Palawan after the botched August 5 operation where Chinese vessels fired jets of water at...
Senators on Thursday, August 17 welcomed President Ferdinand “Bongbong” Marcos Jr.’s decision to appoint Teodoro Locsin Jr. as the Special Envoy to the People's Republic of China for Special Concerns. Former foreign affairs secretary Teodoro Locsin Jr. has been named by President...
President Ferdinand “Bongbong” Marcos Jr. and Japanese Komeito Party Chief Representative Yamaguchi Natsuo agreed to deepen ties in maritime security and defense as they addressed security concerns in the Southeast Asia region. (From left) President Ferdinand Marcos Jr. and Japanese Komeito...
The Presidential Communications Office (PCO) said that former Foreign Affairs Secretary Teodoro Locsin Jr.'s new appointment as Special Envoy to China for Special Concerns would strengthen Manila's ties with Beijing. Philippine Ambassador to the United Kingdom and Special Envoy to China for Special...
The local stock market finally made a stronger bounce as funds picked up cheaper blue chips late in the session. The main index rose by 74.18 points or 1.17 percent to close at 6,410.09 as the Mining and Oil sector led the advance although Banks lagged behind. Volume dropped to 385 million...
The way the Philippine government maintains diplomacy in the context of the South China Sea will in the future set standards of how to handle disputes. "It is an understatement that how we govern the myriad of challenges in South China Sea and resolve the disputes will have a defining...
The Armed Forces of the Philippines (AFP) has no verified information whether or not China received an advance report about the resupply mission to Ayungin (Second Thomas) Shoal last August 5 which ended up with a cannon attack by the China Coast Guard (CCG) on Philippine vessels. A China Coast...
Late buying nudged up the Philippine Stock Exchange (PSE) benchmark index as investors picked up bargains following steep losses in past days. The main index inched up by 6.72 points or 0.11 percent to close at 6,335.91 as the Services sector did the heavy lifting while the Industrial and Mining...
News of the latest skirmish between the Philippine and Chinese coast guards in the Spratly islands has added weight to a mental drawer in my head regarding the issues surrounding the disputed territory. The territorial dispute between the Philippines and China revolves around 50 small islands and...
The Philippine Coast Guard (PCG) cautioned the public on Saturday, August 12, from getting swayed by misinformation allegedly being peddled on social media to cast doubt on the government’s efforts to protect the West Philippine Sea (WPS). Philippine Coast Guard spokesperson for West Philippine...