In the prevailing, highly volatile political climate—exacerbated by maritime bullying in the West Philippine Sea that creates an air of uncertainty—it is only natural for foreign investors to take a risk-averse stance toward the country. Yes, Virginia, while the President has been going around...
The Philippines has rejected China 's claim that repairs and construction work on the BRP Sierra Madre violate the provisional understanding between Manila and Beijing on Ayungin Shoal, saying no such restriction exists in the agreement. Department of Foreign Affairs (DFA) Secretary Ma....
The Sandiganbayan has ordered Senator Rodante Marcoleta to explain why he should not be preventively suspended from office while facing plunder charges before the anti-graft court. In a two-page order dated July 22, the Sandiganbayan Third Division directed Marcoleta, through his counsel, to...
China has no business interfering in Philippine activities within the West Philippine Sea, Department of National Defense (DND) Secretary Gilberto Teodoro said on Thursday, July 23, as he accused the former of inventing stories to justify its presence in the country’s territorial waters. Teodoro...
Bank of the Philippine Islands (BPI) forged a partnership with global digital clearinghouse Meridian to use stablecoin settlement rails for digital asset-to-Peso settlement of remittances. The move is set to modernize how money moves into the country, with a particular focus on payroll credits for...
The Philippine Stock Exchange index (PSEi) was slightly higher on Thursday, July 23, as some investors started bargain hunting despite rising oil prices because of the United States (US)-Iran war. The main index added 15.27 points, or 0.24 percent, to close at 6,283.12. Banks led the advance, while...
President Marcos has personally visited two wounded Philippine Navy personnel in Puerto Princesa City, honoring them for their bravery and assuring members of the Armed Forces of the Philippines (AFP) of the government 's full support as they continue defending the country 's sovereignty...
The country’s ocean economy grew to ₱1.08 trillion in 2025 from ₱1.02 trillion in 2024, despite a decline in the share of ocean-based activities in the country’s gross domestic product (GDP). The Philippine Statistics Authority (PSA) reported on Thursday, July 23, that the ocean economy...
Foreign Affairs Secretary Ma. Theresa P. Lazaro on Wednesday, July 22, lodged the Philippines ' strong protest over China 's recent actions in the West Philippine Sea during a bilateral meeting with Chinese Foreign Minister Wang Yi on the sidelines of the ASEAN Ministerial Meetings in...
Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said the Philippines remains committed to engaging China through dialogue even as it firmly protested Beijing 's recent actions in the West Philippine Sea during bilateral talks with Chinese Foreign Minister Wang Yi on Wednesday,...
The Philippines and China have reaffirmed their commitment to conclude negotiations on the long-awaited ASEAN-China Code of Conduct (COC) in the South China Sea this year as both countries sought to sustain dialogue despite continuing tensions in the West Philippine Sea. The commitment was made...
Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. on Wednesday, July 22, said President Marcos Jr. 's decision to summon Chinese Ambassador Jing Quan sent a clear message that the national government considers China 's latest actions in Ayungin Shoal "unacceptable."...