The Philippine peso is seen likely maintaining its relative strength against the United States (US) dollar for the rest of this year until early next year, as the greenback struggles amid US economic policy uncertainty, according to Japanese financial giant MUFG Bank Ltd. "We maintain our view for...
Despite ongoing trade talks between the two countries, the United States has approved a $3.8-million grant for the Luzon Economic Corridor, which seeks to accelerate coordinated investments in high-impact infrastructure projects. Special Assistant to the President for Investment and Economic...
The former BRP Miguel Malvar (PS-19), which was supposed to be sunk as part of a Balikatan missile exercise, submerged while being positioned off the coast of San Antonio, Zambales on Monday morning, May 5. No gunfire was heard nor missile was fired but the BRP Miguel Malvar descended to the bottom...
The Armed Forces of the Philippines (AFP) and United States Armed Forces carried out a counter-landing and live-fire exercise in Cagayan on Saturday, May 3, showcasing its coordinated firepower and rapid response capabilities aimed at deterring a seaborne invasion. The simulation, which was part of...