The peso’s purchasing power hit another record low in March as the price shock wrought by the war in the Middle East further eroded Filipinos’ ability to spend the local currency. The latest data from the Philippine Statistics Authority (PSA), released on Tuesday, April 7, showed that the...
The Department of Foreign Affairs (DFA) on Tuesday, April 7, confirmed the death of a Filipina national who was killed in a missile attack on a residential area in Haifa, Israel, over the weekend. In an official statement, the DFA said the Filipina died alongside her Israeli husband and elderly...
Headline inflation, or annual price increases, soared to a 20-month high of 4.1 percent in March, as the war in the Middle East fueled skyrocketing oil prices. National Statistician and Philippine Statistics Authority (PSA) chief Claire Dennis S. Mapa told a press briefing on Tuesday, April 7, that...
The Department of Foreign Affairs (DFA) on Monday, April 6, said it continues to closely monitor developments in the Middle East, with Philippine posts intensifying assistance to overseas Filipinos affected by ongoing regional tensions. In a statement, the DFA outlined a series of repatriation...
Stories of courage during the country’s darkest hours returned to the forefront once more as the country marks the Philippine Veterans Week, which kicked off on Monday, April 6. Among these narratives of defiance is Second Lieutenant Amparo F. Superiaso, who lived a life shaped by war, service,...
The government should address persistent competition barriers in the retail electricity market to widen consumers’ ability to purchase power from their preferred suppliers, according to the antitrust watchdog Philippine Competition Commission (PCC). In a statement on Monday, April 6, the PCC said...
The push for joint energy exploration between the Philippines and China in the West Philippine Sea (WPS) met fierce opposition from a think tank, citing Beijing 's long history of maritime aggression against Filipinos. The Stratbase Institute, an independent international think-tank and...
Mark Magsayo announced his arrival in the lightweight division in style, stopping Irish foe Feargal McCrory in five rounds in the Zuffa Boxing 5 at the Meta Apex in Las Vegas on Monday, April 6. The 30-year-old fighter looked a lot more comfortable in the new weight class and was packing a more...
As the Malampaya gas field slowly taps out and diplomacy trades hot words for cautious handshakes, the real suspense lies not just in geopolitical compromise, but in whether Recto Bank can finally proceed to well drilling or remain a perpetually well-discussed daydream. The lingering conflict in...
Maya Innovations Holdings Pte. Ltd., the fintech arm of telecommunications giant PLDT Inc., is maintaining its ambition to pursue a $1 billion initial public offering as early as this year, even as escalating geopolitical tensions in the Middle East threaten to disrupt global capital markets....
The Philippines is facing an inflationary shock that could spill over to slower economic growth, potential job losses, and more capital market outflows amid a prolonged Middle East conflict, according to the World Bank. The global oil price and supply shock wrought by the war in Iran would “raise...
The Chinese Embassy in Manila has urged the Philippines to stop what it described as “provocations” in the West Philippine Sea, while warning that Beijing will take “strong measures” to protect its territorial claims. In a Facebook post on Sunday, April 5, Chinese Embassy spokesperson Ji...
