Samarkand, UZBEKISTAN — Amid comparisons by some local firms claiming that the ongoing oil crisis triggered by the conflict in the Middle East is hurting their business operations more severely than the Covid-19 pandemic, economists from the Asian Development Bank (ADB) said the broader...
Vice President Sara Duterte said her father, former President Rodrigo Roa Duterte (PRRD), has been in a subdued and reflective mood as he faces proceedings before the International Criminal Court (ICC) in The Hague over allegations tied to his anti-drug campaign. In a video interview released by...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
BEIJING (AP) — China 's foreign minister called for a comprehensive ceasefire in the Iran war and said his country was "deeply distressed" by the conflict that has lasted two months. Wang Yi made the comments Wednesday after meeting with Iranian Foreign Minister Abbas Araghchi, who was...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. launched a scathing rebuke against China on Tuesday night, May 5, for its attempts to “vilify” Japan as combat forces from Tokyo joined the annual Exercise Balikatan for the first time. Teodoro characterized Beijing 's...
Samarkand, UZBEKISTAN — The Asian Development Bank (ADB) said central banks should be cautious about raising interest rates too quickly in response to supply shock-driven inflation, even as the Bangko Sentral ng Pilipinas (BSP) is now widely expected to tighten monetary policy further after April...
Positioning itself beyond commercial storytelling, Rein Entertainment is pursuing projects that confront urgent social realities, with its latest series turning to one of the country’s most contentious issues: the drug war. Reflecting that direction is "Drug War: A Conspiracy of Silence," now in...
DUBAI, United Arab Emirates (AP) — The U.S. military said it fired on Iranian forces and sank six small boats targeting civilian ships as it moved to reopen the Strait of Hormuz on Monday. The United Arab Emirates, a key American ally, said it had come under attack from Iran for the first...
Headline inflation or annual price increases soared to a 37-month high of 7.2 percent in April, mainly as domestic fuel and food prices skyrocketed due to the global oil price and supply shocks caused by the prolonged war in the Middle East. The Philippine Statistics Authority ’s (PSA) latest...
Vice President Sara Duterte said the case filed against her father, former president Rodrigo Duterte, before the International Criminal Court (ICC) is expected to proceed to full trial, acknowledging that there appears to be no path toward its dismissal. “We don’t see any way that the ICC will...
Government anti-narcotics authorities seized on Sunday, May 3, around P61 million worth of suspected shabu following the arrest of four talleged drug personalities during a buy-bust operation in General Trias, Cavite, the Philippine Drug Enforcement Agency (PDEA) stated. In a statement, the PDEA...
The Philippines’ manufacturing sector slipped into contraction in April amid the prolonged war in the Middle East that has driven up costs and disrupted trade flows, according to market intelligence firm S&P Global. The country ’ s purchasing managers’ index (PMI) fell to 48.3 last month...
