The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The flourishing maritime ties between the Philippines and India "offers a promising path for peace and security" in the Indo-Pacific region, the Department of Foreign Affairs (DFA) said Tuesday, Sep. 12. DFA Undersecretary for Bilateral Affairs Ma. Theresa Lazaro in a statement said the Philippines...
The sharing of intelligence on the developments in the South China Sea is important among like-minded nations to deter China's grey zone operations—or activities short of being called as war—in the waters, a ranking official of the Indian navy said Tuesday, Sep. 12. Commodore Debesh...
The Philippine Coast Guard (PCG)'s capacity to protect the country's assets in the Philippine waters is expected to be bolstered after its new training center was inaugurated on the joint efforts of the Philippine and United States governments. At the Coast Guard Training Center Ribbon Cutting...
The two refurbished American navy vessels that joined the Philippine fleet on Monday will bring "real" and "strategic" benefits not only to the country, but also to its alliance with Washington and to the region, US Ambassador to the Philippines MaryKay Carlson said. During the Christening and...
This week, cautious stock market investors will be looking for cues from the US August inflation report and Philippine data on foreign direct investments and remittances from overseas Filipinos. While the Philippine Stock Exchange index (PSEi) managed to advance in the last two weeks, Philstocks...
Senator Francis Tolentino on Sunday, September 10 dismissed what he described “deceptive chronologies” that the Philippines is being used as a “proxy war” tool by other nations against China. Sen. Francis Tolentino (Senate PRIB Photo) In an interview with GMA Super Radyo DZBB,...
The Philippines and Australia have joined hands to ensure a rules-based order in the Indo-Pacific as the two sides expressed the importance of their role as maritime nations. President Ferdinand "Bongbong" Marcos Jr. and Australian Prime Minister Antony Albanese jointly declared their...
An official from the National Task Force for the West Philippine Sea (NTF-WPS) stressed that China has no authority to conduct law enforcement operations within the Philippines’ exclusive economic zone (EEZ). National Security Council (NSC) Assistant Director General Jonathan Malaya National...
Philippine Coast Guard (PCG) vessels BRP Cabra and BRP Sindangan are surrounded by China Coast Guard (CCG) and Chinese maritime militia (CMM) vessels during a resupply mission in Ayungin Shoal, West Philippine Sea on Sept. 8, 2023. (Photo courtesy of Commodore Jay Tarriela / PCG) The Philippine...
China on Friday, Sep. 8, confirmed that its coast guard shadowed two Philippine vessels on resupply mission in the Ayungin Shoal, a part of the Philippine territory, because they entered the waters “without the permission from the Chinese government.” China's coast guard is caught in a video...
China Banking Corporation (China Bank) has rolled out its first generative artificial intelligence (Gen AI) solution, CHIB GPT, to continue its tradition of innovation. In a statement, the bank said CHIB GPT was launched internally to Chinabankers to enhance awareness about Gen AI and...
