The Philippines and Vietnam reaffirmed their support for the 2016 South China Sea arbitral ruling, emphasizing the need to uphold international law and exercise self-restraint to maintain peace and stability in maritime disputes. In a joint statement released by the Department of Foreign Affairs...
Inflation may have surged to as high as 7.9 percent in May, driven by soaring basic commodity prices and the weakening local currency, according to the Bangko Sentral ng Pilipinas (BSP), Amid intensifying macroeconomic headwinds, global supply shocks filter into the domestic economy, the central...
Maynilad Water Services, Inc. has retained its top rating of PRS Aaa, with a Stable Outlook, from the Philippine Rating Services Corp. (PhilRatings) for its outstanding blue bonds amounting to ₱15 billion. Obligations rated PRS Aaa are considered of the highest quality with minimal credit risk,...
After two strong weeks, the local stock market shifted downward last week and is seen remaining bearish in the coming days due to growing tensions between the United States (US) and Iran. Investors are also expected to take cues from the country’s May inflation data, which will be released on...
The 10th Philippine International Motor Show will run from June 4 to 7, 2026 at the World Trade Center Metro Manila in Pasay City, with 17 automotive exhibitors taking part in the biennial industry event organized by the Chamber of Automotive Manufacturers of the Philippines Inc. This year’s PIMS...
The Armed Forces of the Philippines (AFP) and the United States Indo-Pacific Command (Indopacom) completed a five-day maritime cooperative activity (MCA) near Bajo de Masinloc (Scarborough or Panatag Shoal) in the West Philippine Sea (WPS), the military disclosed on Sunday, May 31, as China...
Actress, singer, and global fashion influencer Heart Evangelista has always made time for causes close to her heart. Despite her busy schedule, balancing her reality series “Heart 's World,” various international fashion commitments, and the upcoming GMA program “ The People Have...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Saturday, May 30, said Severe Tropical Storm Domeng (international name: Jangmi) has intensified into a typhoon while being monitored inside the Philippine Area of Responsibility (PAR). In an advisory...
Philippine Exporters Confederation Inc. (Philexport) has urged the government to exercise caution in granting another minimum wage increase in Metro Manila, warning that higher labor costs could hurt exporters, micro enterprises, and the broader economy at a time of elevated inflation and slowing...
Two candidate soldiers undergoing training in Capas, Tarlac died after suffering heat stroke linked to extreme physical exertion and high temperatures, the Philippine Army (PA) said on Saturday, May 30. The Arm’ys Training Command (Tracom) identified the deceased recruits as Candidate Soldiers...
Watching live footage of a senator running for his dear life to evade the service of an arrest warrant, or observing a cabinet secretary who could probably secure a Guinness World Record for the “most number of press conferences with the least number of accomplishments,” one has to wonder: does...
Philippine economic growth is seen falling to a new post-pandemic low of three percent this year as the lingering impacts of last year’s multi-billion-peso flood-control corruption scandal and the prolonged war in the Middle East weigh on investor and business confidence, according to think tank...