Rising global energy prices driven by Middle East tensions are posing growing risks to the Philippine office real estate sector, as higher power costs threaten tenant demand, rental growth, and asset values, according to property consultancy Colliers. In an April 16 report, Colliers Philippines...
The Philippine Army (PA) stepped up its shift toward territorial defense as it joined United States forces in a live-fire exercise featuring the M142 High Mobility Artillery Rocket System (HIMARS) during Exercise Salaknib. The PA Artillery Regiment and the US Army Pacific (USARPAC) 25th Infantry...
DAVAO CITY — A total of 150 players from 14 countries take center stage as the first ever Junior Golf Foundation of the Philippines (JGFP) World Team Championships begins Friday, April 17, at the Apo Golf and Country Club here. Young golfers from host nation Philippines lead the participating...
Suzuki Philippines Incorporated (SPH) is expanding its facilities in Calamba, Laguna. The integrated automobile, motorcycle, and marine engine manufacturer has officially broken ground on its latest facility expansion. This expansion will house a new integrated parts warehouse, service training...
The Department of Foreign Affairs (DFA) on Friday, April 17, confirmed that the remains of Filipina national Lucille Jean Gersovich, who was killed in a missile attack in Haifa, Israel, have been repatriated to the Philippines. In a statement, the DFA said the remains of the late Gersovich arrived...
Recently, the Philippine National Police (PNP) has revealed that terrorist groups are using online games to groom children into committing acts of violence , such as mass shootings or burning down schools. These are foreign groups, according to the PNP, which makes it challenging to go after them....
Iran is approximately 7,000 kilometers away from the Philippines. But an ongoing war in that part of the world rattles ours almost immediately. This conflict in West Asia (or the Middle East to the Western world) has disrupted crude oil shipments to the Philippines, a country that imports about 98...
Sometime in 2017, we were in discussion with Ted Sazon—a Merrill Lynch alumnus of 23 years—about a discernible pattern of significant global “bad news” occurring at the end of each decade. This trend arguably started in 1929 with the Wall Street Crash that led to the Great Depression. This...
Special Envoy to the United Arab Emirates Ma. Anna Kathryna Yu-Pimentel on Wednesday, April 15 welcomed the opening of the Manila office of Dubai International Chamber, describing it as a clear result of strengthened diplomatic and economic engagement between the Philippines and the United Arab...
The Department of Foreign Affairs (DFA) on Wednesday, April 15, condemned as “irresponsible and unacceptable” the reported use of cyanide in Ayungin Shoal, warning of serious environmental damage and signaling a possible diplomatic response as it awaits the results of a scientific...
Vice President Sara Duterte on Wednesday, April 15, criticized the administration’s handling of the ongoing price crisis in the Philippines, linking it to rising inflation and alleging that the lack of relief for Filipinos stems not from limited resources but from the misuse of public funds for...
The National Grid Corp. of the Philippines (NGCP) expects the country’s power transmission network to remain stable throughout the summer season, provided that generation companies adhere to their scheduled maintenance programs. In a briefing on Wednesday, April 15, Cynthia Alabanza, a...