Philippine Air Force (PAF) Commanding General, Lt. Gen. Stephen Parreño (second from left) leads the blessing and formal transfer of a decommissioned S-211 Marchetti jet trainer to the local government of Barangay 183, Zone 21 in Villamor, Pasay City on Dec. 15, 2024 to honor the historical...
Movie personalities expressed hopes that the "concerted effort" of the Marcos administration in helping the film industry would continue. Konsyerto sa Palasyo (Photo courtesy of Malacañang) Film Development Council of the Philippines (FDCP) Chairperson and Chief Executive Officer Jose...
The Philippine Amusement and Gaming Corporation (Pagcor) and San Miguel Infrastructure have signed a 25-year lease agreement for the 15-hectare Nayong Pilipino property in Pasay City. In a statement, the government’s gaming regulator said the agreement, formally signed on Dec. 12, 2024, will...
London-based think tank Capital Economics warned that the strong gross domestic product (GDP) growth seen in the third quarter is unlikely to be sustained amid weak economic momentum, slowing remittances and exports, and tighter fiscal policies. "GDP growth in the Philippines accelerated in the...
A combination of lack of infrastructure, concerns about crime, plus escalating tensions with China are hindering the recovery of the Philippines' tourism sector, according to the Economist Intelligence Unit (EIU). The domestic tourism industry's uphill battle to regain its pre-pandemic strength...
With inflation remaining within the government's target range and economic growth slowing, private sector economists expect that the Bangko Sentral ng Pilipinas (BSP) will further reduce its borrowing cost at its Dec. 19 meeting. According to the Bank of the Philippine Islands (BPI) and think tanks...
The entry of products deemed environment-friendly to the Philippines—a net goods importer—faces challenges due to expensive non-tariff barriers, according to the World Bank. "The Philippines' share of green goods trade is relatively low, partly due to the high incidence of non-tariff...
A Philippine Coast Guard (PCG) ship and a China Coast Guard (CCG) vessel sail close to each other in the West Philippine Sea on Aug. 26, 2024. (Courtesy of PCG) The Philippine Coast Guard (PCG) criticized China’s Ministry of Defense for allegedly “bullying” Filipino fishermen in the West...
Vice President Sara Duterte (PPAB) The case of "Mary Grace Piattos" may not be an isolated one after all. This, after the House Committee on Good Government and Public Accountability learned that nearly two-thirds of individuals listed as...
Although the Philippine Health Insurance Corp. (PhilHealth) was "taught a lesson" with its zero-subsidy budget, Senator Pia Cayetano expressed her belief that that the action still violated the law. (Photo from the Office of Senator Pia Cayetano) "So siguro naturuan nga ng leksyon (So perhaps we...
(Courtesy of PCG / Commo. Jay Tarriela) The Philippine Coast Guard (PCG) accused China of intentionally misleading the international community after a supposed China Coast Guard (CCG) vessel was tracked in San Felipe, Zambales even if it was actually in Hong Kong. Concerned residents monitoring...
The local stock market ended the week lower as investor sentiment was weighed down by the decline in US bourses. The main index dropped 24.84 points or 0.37 percent to close at 6,616.51 as Conglomerates fell although sectoral indices were evenly mixed. Volume declined to 1.2 billion shares worth...
