The Navy-Marine Expeditionary Ship Interdiction System (NMESIS), a United States-developed anti-ship missile, and the Typhon mid-range capability (MRC) are still on Philippine soil after being deployed in the country for major military exercises, the Philippine Navy (PN) and Philippine Army (PA)...
The country’s oldest business group is pushing the Senate to perform its constitutional duty and start the impeachment trial of Vice President Sara Duterte, warning that failure to do so could breed “instability.” In a statement, the Chamber of Commerce of the Philippine Islands (CCPI) said...
After the ratification of the Reciprocal Access Agreement (RAA) by both the Philippines and Japan, the Armed Forces of the Philippines (AFP) said the next phase would involve the crafting of its implementing rules and regulations (IRR). “We welcome the signing of the RAA by the Japan Diet at...
In the wake of the reported stranding of a Chinese maritime militia vessel near Pag-asa (Thitu) Island in the Kalayaan Island Group, West Philippine Sea (WPS) over the weekend, the Philippine Navy (PN) said that China should leave the country’s maritime zones as their presence in the area is...
Ayala-led Bank of the Philippine Islands ' (BPI) supporting inclusion, nature, and growth (SINAG) bonds now hold the record as the largest peso bond issuance to date. In a listing ceremony on Tuesday, June 10, BPI SINAG bonds were officially listed on the Philippine Dealing & Exchange Corp....
LIMA Infrastructure Inc., a subsidiary of Aboitiz InfraCapital Economic Estates, has been named as the government’s newest investment promotion partner, tasked with driving fresh investments into the country. In a statement, the Philippine Economic Zone Authority (PEZA) announced that it had...
Even with the safety net of deposit insurance, both small and large depositors tend to pull out their funds when a nearby bank shuts down, suggesting that fear of losing access to cash outweighs the assurance of protection, according to a study co-authored by top Bangko Sentral ng Pilipinas (BSP)...
As the rainy season begins, the Philippine Red Cross (PRC) announced that it has mobilized its volunteers and prepositioned essential resources nationwide to ensure a swift response to potential emergencies—including floods, landslides, and other weather-related disasters. “The Philippine Red...
Philippine Army (PA) Reserve Officer Training Corps (ROTC) cadets showcased next-generation technological research designs for defense and disaster response during the first ROTC Innovation Expo at the Technological University of the Philippines (TUP) Main Campus in Ermita, Manila on Sunday, June...
The Philippine government has named the leading business chamber of Dongguan, China, as its newest investment promotion partner, signaling strengthened economic integration between the two countries. In a statement, the Philippine Economic Zone Authority (PEZA) said its top official, Director...
The Philippine Stock Exchange index (PSEi) started the week on firmer footing after the government reported higher international reserves, while US and China agreed to more trade talks. The main index added 29.34 points or 0.46 percent to close at 6,406.13 on the back of advances by Conglomerates...
The Philippine Coast Guard (PCG) will launch an environmental damage assessment after a Chinese vessel ran aground near Pag-asa (Thitu) Island in the Kalayaan Island Group (KIG), West Philippine Sea (WPS) over the weekend. PCG spokesperson for WPS Commodore Jay Tarriela said the vessel, a...
