The local stock market is seen to continue riding on optimism this week due to the Bangko Sentral rate (BSP) cut and expectations that the US Federal Reserve may start reducing rates by September. Philstocks Financial Research Manager Japhet Tantiangco said that, while the local market had a good...
Cagayan de Oro City 2nd District Rep. Rufus Rodriguez (Rep. Rodriguez's Facebook page) Cagayan de Oro City 2nd district Rep. Rufus Rodriguez is prodding Armed Forces of the Philippines (AFP) Chief General Romeo Brawner Jr. to finally put an end to...
A photo handout dated May 11, 2024 shows the dumping of dead and crushed corals on the sandbars of Escoda Shoal, 75 nautical miles from the coastline of Palawan, which resembles island-building activities. (Photo: Philippine Coast Guard) BRP Teresa Magbanua (MRRV-9701), the biggest ship of the...
Current political issues in the Philippines are not affecting the performance of the country's economy, an official of the Department of Finance (DOF) assured the public. Finance Undersecretary Domini Velasquez said investor confidence has not waned despite the growing noise in the political arena....
Gen. Rommel Francisco Marbil, chief of the Philippine National Police (PNP), ordered all police units nationwide to strictly implement a three-minute response to all requests for police assistance, especially those channeled via the 911 emergency calls, or E911. The policy is part of the PNP’s...
Imagine a bodycam-wearing policeman apprehending a motorist in a road rage. All of a sudden, the bodycam started emitting a beeping sound after an automatic access to the database of the Philippine National Police (PNP) disclosed that the motorist is wanted for a case of murder. This is the kind of...
China has protested the Philippines’ move to anchor a coast guard ship in Sabina Shoal, although it is part of the Philippine exclusive economic zone (EEZ). China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG) entered into the lagoon of Sabina (known as...
FA-50 light fighter jets of the Philippine Air Force fly with a B-52H bomber aircraft of the United States Pacific Air Force for its first ever combined air patrol over the West Philippine Sea on February 19, 2024. (Photo by PAF) As China takes its aggression in the contested features in the West...
In recent years, Filipino households have increasingly felt the strain of healthcare costs, a crisis that has only intensified amid economic challenges. As the country strives for improved healthcare access, many families find themselves grappling with the financial implications of medical care,...
In recognition of the assistance provided during the COVID-19 pandemic, the Philippine Red Cross (PRC) awarded the Singapore Red Cross (SRC), led by Secretary General and Chief Executive Officer (CEO) Benjamin William. Philippine Red Cross (PRC) Chairman and CEO Richard Gordon (center right)...
ONE of the most ideal ways to immortalize the historic achievements of Filipino athletes not only from those in the last two Summer Olympics is through a sports museum inside a stand-alone Philippine Olympic Committee (POC) headquarters. POC president Abraham “Bambol” Tolentino “We’ve...
The local stock benchmark surged past the 6,800 level after the Bangko Sentral finally cut the key policy rate after months of market speculation. The main index leaped by 165.53 points or 2.47 percent to close at 6,858.44 as the Services sector led the rally across the board. A total of 629...
