Vice President Sara Duterte (Noel Pabalate/ MANILA BULLETIN) And the cross-checking of names in connection with the confidential funds issue continues. This time, the House Committee on Good Government and Public Accountability is asking the...
The country’s trade deficit widened by 36.8 percent to $5.8 billion in October this year compared to the previous year, driven by a surge in imports and a decline in exports. Data from the Philippine Statistics Authority (PSA) showed that the country's total external trade in goods reached $18.13...
"The Philippines has never been an agent of escalation of tensions." This was how President Marcos responded to the recent aggression of China in Bajo de Masinloc, where it deployed its Navy in blocking Philippine vessels within the country's waters. A China Coast Guard ship fires water cannon at a...
Following a series of destructive calamities that have battered the Philippines and impacted its economy, the World Bank has reduced its 2024 gross domestic product (GDP) growth forecast for the country to 5.9 percent. “While the baseline growth forecast for 2024 was revised downward to 5.9...
The Philippine Stock Exchange index (PSEi) opened the week lower as investors awaited US inflation data and Philippine investment and trade numbers. The main index dropped 48.57 points, or 0.72 percent, to close at 6,680.57. Conglomerates led the decline, while Banks and Services managed to...
BRP Gabriela Silang (OPV-8301) returns to Manila on Dec. 9, 2024 following a five-day port visit in Manado, Indonesia. (Photo courtesy of PCG) Philippine Coast Guard (PCG) ship BRP Gabriela Silang (OPV-8301) safely returned to the country on Monday, Dec. 9, after completing a five-day port visit in...
Admiral Ronnie Gil Gavan, commandant of the Philippine Coast Guard (PCG), visits the headquarters of the Coast Guard District Southwestern Mindanao in Zamboanga City on Dec. 5, 2024. (Photo: PCG) The Philippine Coast Guard (PCG) will go on a heightened alert from Dec. 13 to Jan. 6, 2025 in...
Vice President Sara Duterte (Ellson Quismorio/ MANILA BULLETIN) Over 400 individuals listed as recipients of confidential funds disbursed by the Office of the Vice President (OVP) and Department of Education (DepEd) have no birth certificates, Manila...
With the Christmas season in full swing, the local stock market is seen to gather optimism from hopes of rates cuts by both the Federal Reserve and the Bangko Sentral ng Pilipinas this month. “The local market was able to bounce back last week and close at the 6,700 - 6,800 support range. This...
The Philippine National Police (PNP) said it has confiscated various counterfeit footwear products amounting to P152 million during a raid at a warehouse in San Simon, Pampanga on Saturday, Dec. 7. PNP Chief, Police General Rommil Francisco Marbil said operatives of the Criminal Investigation and...
The Philippine National Police (PNP) intensified its security operations to ensure public safety amid the Christmas season and potential security challenges arising from the impeachment case against Vice President Sara Duterte. PNP Chief, Police General Rommil Francisco Marbil underscored his...
A China Coast Guard ship fires water cannon at a Bureau of Fisheries and Aquatic Resources (BFAR) vessel in Bajo de Masinloc, West Philippine Sea on Dec. 4, 2024. (Courtesy of National Task Force for West Philippine Sea) The national government will continue to employ a peaceful and...