Malacañang has attributed the rise in the country 's unemployment rate in May to the global oil crisis stemming from the conflict in the Middle East, saying the government had anticipated the impact and continues to roll out interventions to help affected workers. Presidential Communications...
The Office of the Ombudsman (OMB) on Thursday, July 2, disclosed that the conflict-of-interest complaints against two lawmakers whom the anti-graft body referred to as “congtractors” have been elevated to the preliminary investigation (PI) stage. “As a general rule kasi, pag fact-finding...
No Filipino seafarers were injured in the latest attacks on two vessels traversing the Strait of Hormuz, with both ships remaining seaworthy and continuing their voyages, Malacañang said on Monday, June 29. Presidential Communications Office (PCO) Claire Castro, citing a report submitted to...
COTABATO CITY – Two people were killed Monday afternoon when armed hostilities erupted between warring clans in Pahamuddin town in the Special Geographic Area of the Bangsamoro Autonomous Region in Muslim Mindanao (SGA-BARMM), police said Tuesday. Police Capt. Rafael Bataan, police chief of the...
The Philippines welcomed the peace agreement reached between the United States and Iran, expressing hope that the deal would pave the way for a permanent end to hostilities and contribute to long-term regional stability. In a statement issued on Wednesday, June 17, the Department of Foreign Affairs...
President Marcos and German President Frank-Walter Steinmeier both agreed that the new agreement between the United States and Iran, which include the reopening of the Strait of Hormuz, is a good step towards peace. Both leaders shared the same position over the key development in the Middle East...
Global debt watcher Fitch Ratings has lowered its outlook on the Philippine banking system to “deteriorating,” warning that exposure to the ongoing United States (US)-Iran war could dampen lending activity, raise credit costs, and squeeze profitability. Fitch wrote in a June 8 commentary that...
The country’s gross gaming revenues fell 15.9 percent in the first quarter of the year, driven by the sharp contraction in electronic gaming as inflationary spillovers from conflicts in the Middle East eroded local consumer discretionary spending. Philippine Amusement and Gaming Corp. (Pagcor)...
LAPU-LAPU CITY, Cebu — “Peace—now.” This was the straightforward message of the Association of Southeast Asian Nations (ASEAN) leaders to parties involved in the escalating Middle East conflict, according to President Marcos. Speaking during a press conference on the sidelines of the 48th...
The story of Fr. Rhoel D. Gallardo, CMF made national headlines in the early 2000s. His kidnapping and eventual martyrdom shook the country and brought attention to the conflict in Mindanao. For many Filipinos, it was a moment that made the situation in the region more real, seen through the life...
LAPU-LAPU CITY, Cebu — Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro on Thursday, May 7 called on ASEAN member-states to remain agile and united in responding to global crises, saying the ongoing conflict in the Middle East has exposed the region’s vulnerabilities in...
A group of local shipping companies and operators has expressed gratitude to the Maritime Industry Authority (Marina) for what it described as the agency’s quick response to assist their sector at the height the oil supply and price woes due to the Middle East conflict. In a letter sent to...
