The country risks pushing 1.3 million more people into poverty as an energy crisis and record-high fuel prices threaten to drive the national poverty rate to 14.4 percent, the state-run Philippine Institute for Development Studies (PIDS) warned. Before the Middle East conflict triggered a national...
The Department of Foreign Affairs (DFA) on Wednesday, April 15, condemned as “irresponsible and unacceptable” the reported use of cyanide in Ayungin Shoal, warning of serious environmental damage and signaling a possible diplomatic response as it awaits the results of a scientific...
The Philippine Stock Exchange index (PSEi) bounced on Wednesday, April 15, as news of another round of United States (US)-Iran talks led to some bargain hunting. The main index added 50.25 points, or 0.84 percent, to close at 6,063.35. Banks and services led the advance across the board. Volume...
National Security Adviser (NSA) Eduardo M. Año on Wednesday, April 15, officially announced his permanent retirement from government service, stirring questions inside the security sector as tensions persist in the West Philippine Sea (WPS). In a statement sent to reporters, Año cited health...
It 's finally happening. After an exhausting back-and-forth talk to clear things up on whether their blockbuster rematch is an exhibition or not, the fight between Manny Pacquiao and Floyd Mayweather Jr. is pushing through as scheduled. That, after the American boxing great finally signed on...
Filipino and American soldiers trained together for the full spectrum of modern combat as part of the Exercise “Salaknib” which spanned live fire, drone warfare, electronic warfare, and survival in resource-scarce environments. Troops from the Philippine Army (PA) and the United States Army...
Stressing that the “bare minimum was easy enough to meet,” Vice President Sara Duterte on Wednesday, April 15, strongly refuted allegations raised during the Committee on Justice hearing, which she described as a “mini trial,” as she defended her academic record and accused critics of...
Po-led upscale developer Arthaland Corp. has maintained its issue credit rating of PRS Aa, with a stable outlook, from Philippine Rating Services Corp. (PhilRatings) for its outstanding green bonds amounting to ₱3 billion, due to its growth trajectory. Obligations rated PRS Aa are of high quality...
The Philippine Space Agency (PhilSA) and the National Irrigation Administration (NIA) have signed a Memorandum of Understanding (MOU) to apply space technology in improving irrigation systems and water resource management across the Philippines. The agreement, signed by PhilSA Ad Interim Director...
Former senator Richard Gordon, chairman and chief executive officer of the Philippine Red Cross, pledged additional support for student beneficiaries in recognition of the importance of connectivity in supporting their education. “To the student-beneficiaries, we will provide mobile phones to...
Not only the Philippines’ vulnerability to global oil price and supply shocks amid the Middle East war but also domestic political instability has pulled the peso down to record-low levels, according to Singapore-based DBS Bank Ltd. “The Indian rupee, Indonesian rupiah, and Philippine peso have...
More than 17,000 troops from the Philippines and six other countries are set to take part in the 41st iteration of the annual Exercise Balikatan, scheduled from April 20 to May 8. The Armed Forces of the Philippines (AFP) on Tuesday, April 14, confirmed the participation of its counterparts from...
