Senator Sherwin Gatchalian urged government agencies on Thursday, March 26, to act swiftly to secure additional petroleum supplies amid growing uncertainty in the global market. Gatchalian said this during the second organizational meeting, specifically calling on the Department of Energy (DOE)...
Philippine security officials reaffirmed Manila’s commitment to uphold the 2016 arbitral ruling in the West Philippine Sea (WPS) against China and strengthen defense partnerships with allies, the Armed Forces of the Philippines (AFP) said. AFP Chief of Staff General Romeo Brawner Jr. said the...
State-run policy think tank Philippine Institute for Development Studies (PIDS) said persistent gaps in old-age income security could weigh on the Philippines’ long-term growth prospects, as limited pension coverage and high labor informality leave a large segment of the elderly financially...
It comes as a bit of a surprise that Jack Ma, founder of Alibaba—China’s largest private company—names Southeast Asia, rather than China, as the world’s next global economic juggernaut. Ma recently returned to Alibaba following years of Chinese government crackdowns on major tech firms that...
President Marcos has cited the futility of spending the country 's foreign reserves to defend the Philippine peso, which recently further weakened, hitting a new record low of P60.30 against the US dollar. In an interview with Bloomberg, Marcos stressed that the dollar 's movement is...
Local stocks surged back above the 6,000 threshold on Wednesday, March 25, as investor sentiment shifted toward optimism following reports that the United States (US) has entered formal negotiations with Iran. The prospect of a diplomatic resolution to Middle East tensions sparked a broad-based...
Alert Philippine Navy (PN) personnel rescued nine individuals, including two children, after a motorized banca capsized off the Mactan-Cebu Channel on Tuesday, March 24. The boat was sailing approximately 20 yards from Captain Veloso Pier, Naval Base Rafael Ramos in Lapu-Lapu City when it...
Philippine Geothermal Production Co. (PGPC), the renewable energy arm of SM Investments Corp., is accelerating development of its domestic steam fields to buffer the Philippines from volatile global energy prices as conflict in the Middle East threatens fuel supply chains. In a briefing on Tuesday,...
Seven sporting greats will be enshrined into the Philippine Sports Hall of Fame, with a special ceremony fitting for heroes set on May 20 at a venue yet to be announced. Philippine Sports Commission (PSC) chairman Patrick “Pato” Gregorio and Philippine Olympic Committee (POC) president Abraham...
President Marcos said there is a possibility of grounding flights due to the lack of jet fuel amid the ongoing impacts of the conflict in the Middle East. Although Marcos hopes that it will not happen, it would be a possibility, he said in an interview with Bloomberg. "We are hoping not, but that...
A group of education workers on Wednesday, March 25, rejected the Department of Education’s (DepEd) defense of its proposed three-term school calendar, warning that the reform could further burden teachers while failing to address systemic issues in the education sector. READ: ...
Seasoned entertainment journalist Jo-Ann Maglipon has made a significant mark in showbiz. (ako hanggang seasoning na sawsawan lang!) Many people will agree that her name is synonymous with credible showbiz reporting. (at parang ang sosyal ng showbiz pag siya ang nagsulat o namamahala ng isang...
