The Philippines Sports Commission (PSC) announced that it is forming a fact-finding panel that will look into the tragic drowning incident of Ateneo Blue Eagles players Rene Baterbonia and Divine Adili during their team building activity in Aurora on Monday, June 8. In a statement on Tuesday, June...
Local unemployment rate stood at 4.7 percent in April, the highest jobless rate for April rounds of the government’s labor force surveys (LFS) since the 5.7 percent recorded in April 2022, with agriculture and wholesale and retail trade shedding the most jobs. National Statistician Claire Dennis...
Stressing that seas around the country are "arenas of competition and of conflict," President Marcos underscored the need to continuously strengthen the Philippine Navy 's capabilities. Marcos said this remains essential to protecting the national interest in the West Philippine Sea (WPS)....
Jetour Auto Philippines formally introduced Jessy Mendiola-Manzano and Luis Manzano as its newest brand ambassadors during the official contract signing and press conference held at the 10th Philippine International Motor Show (PIMS) at the World Trade Center in Pasay City. As Filipino families...
I just received from a nephew of mine a communication he received from a mutual friend, Rafael “Raffy” Moreno Alunan III, about the state of the Philippine economy and, especially, about the horrible actions of some of our politicians. I would like to comment extensively on this missive to the...
Toyota Motor Philippines has opened reservations for the all-new Toyota Hilux, following the pickup’s local debut at the Philippine International Motor Show. The new model rides on a heavily updated IMV platform, with revised and expanded drivetrains. It arrives with 2.8-liter diesel variants and...
Toyota Motor Philippines has opened reservations for the all-new Land Cruiser FJ and Land Cruiser 300 HEV starting June 4, giving the Land Cruiser name two distinct new directions in the local market. Land Cruiser FJ The all-new Land Cruiser FJ arrives as a compact body-on-frame 4x4 with the...
The Philippine Stock Exchange index (PSEi) opened the week on a negative note as share prices dropped on Monday, June 8, following an escalation in hostilities in the Middle East. The main index lost 58.97 points, or 0.99 percent, to close at 5,879.41. Miners led the retreat across the board due to...
Philippine conglomerates operating in critical sectors like real estate, power, energy, and telecommunications are facing heightened financial strain from the strengthening United States (US) dollar, which threatens to inflate the cost of their foreign-denominated debt. The brewing corporate...
Airlines are projected to see their combined profits cut in half to $23 billion this year as margins tighten further amid higher jet fuel costs, whose prices have soared due to the ongoing conflict in the Middle East, according to the International Air Transport Association (IATA). Based on its...
Despite widespread public concern about climate change, financing and institutional constraints continue to hamper the Philippines’ efforts to strengthen climate resilience and adaptation measures, according to state-run policy think tank Philippine Institute for Development Studies (PIDS). In...
As the proposed Philippine Strategic Petroleum Reserve (PSPR) takes shape, consumers must keep a close eye on the government and their hands firmly on their wallets. While the country may need an oil stockpile, taxpayers and motorists should not end up becoming the reserve’s permanent source of...
