Double-digit growth in trade traced to base effects
June 12, 2024
DESPITE the double-digit growth in exports and imports, economists attributed the country’s latest trade performance to base effects.
Philippines ends FIFA World Cup Qualifiers bid with loss to Indonesia
June 12, 2024
The Philippine men's national football team closed out its 2026 FIFA World Cup AFC Qualifiers with another loss, absorbing a 2-0 beating at the hands of Indonesia on Tuesday in Indonesia.
PHL’s bid to exit FATF gray list for dirty money cited
June 12, 2024
THE International Monetary Fund (IMF) has recognized the efforts of the Philippine government to be delisted from the gray list of the Paris-based Financial Action Task Force’s (FATF).
SMC aims to grow revenues, income by double digits
June 12, 2024
Conglomerate San Miguel Corp. (SMC) is targeting to grow its revenues and operating income by double digits this year as its main businesses continue to expand.
Campi: Strong demand lifts new car sales in January to May
June 12, 2024
Brisk demand for commercial vehicles buoyed the performance of the local automotive industry in January to May, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and the Truck Manufacturers Association (TMA).
NGCP completes transmission projects
June 12, 2024
The National Grid Corporation of the Philippines (NGCP) said Tuesday it has completed three vital transmission projects that allowed the entry of over 12,000 megawatts (MW) of additional capacity in the country.
DUs told to defer collection of power generation costs
June 12, 2024
Power distribution firms were ordered by the Energy Regulatory Commission (ERC) to delay the collection of generation charges from their consumers, pending the final assessment of the Wholesale Electricity Spot Market (WESM) rates to be computed by th...
Court of Appeals extends freeze on MFT assets
June 12, 2024
The Court of Appeals (CA) has extended for six months its freeze order on the bank, investment and insurance accounts of Maria Francesca Tan Group of Companies Inc. (MFT).
Tides of freedom
June 12, 2024
Alya Honasan, Mawen Ong and David Huang, including scuba instructor Nori Tolibas on board the Discovery Palawan, celebrate Independence Day underwater at Tubbataha Reefs Natural Park, located 150 km southeast of Puerto Princesa City.
DBM releases ₱5.114 trillion of 2024 national budget as of end-May
June 12, 2024
The government has released 88.7 percent of the P5.767-trillion national budget for 2024 as of end-May to accelerate the implementation of the state’s programs and projects.
Registration of money changer revoked–BSP
June 12, 2024
The Monetary Board has approved the cancellation of the central bank registration of Foreignex Inc. to operate as money changer or foreign exchange Dealer, according to the Bangko Sentral ng Pilipinas (BSP).
Mixed results for auction of Treasury bonds, says BTr
June 12, 2024
Results of Tuesday’s auction of long-term Treasury bonds (T-bonds) were mixed as the national government raised only P26.225 billion due to higher bid yields caused by the further weakening of the peso.
Everything is relative
June 12, 2024
Depending on your point of view or perspective, someone may consider something a smashing success while another person may consider the same thing an utter failure. Certain people may consider that a person who is blind in one eye a handicap and yet ...
Honoring Heroes
June 12, 2024
Flags adorn the Tandang Sora National Shrine on Tuesday, June 11, 2024, in Tandang Sora, Quezon City, ahead of the celebration of the 126th Philippine Independence on June 12, 2024.
Philippines struggles to secure food supply amidst global turmoil
June 12, 2024
Shipowners from Greece to Singapore expect business to flourish, at least in the next few years, despite disruptions that could pose threats to their operations. Bloomberg reported that shipowners are bracing for prolonged earnings amid geopolitical c...
Human capital
June 12, 2024
Investing in human capital is a set of words that may not appeal to young economics students. It does not immediately equate to prices, gross domestic product and other fundamental concepts of economics. Yet, human capital is one factor as important a...
My Independence Day wish for our country: Freedom from bondage of illicit trade
June 12, 2024
It’s been 126 years already since Gen. Emilio Aguinaldo declared the end of Spain’s three-century rule in the country in Kawit, Cavite, the reason we have been commemorating our Independence Day every 12th of June.
Teacher Education Council must be set up now–PBED
June 12, 2024
TWO years after the enactment into law of the Excellence in Teacher Education Act, the Philippine Business for Education (PBEd) said the government has failed to set up the Teacher Education Council (TEC).
Amaia Steps Pasig nears completion with topping off ceremony of Clara Building
June 12, 2024
Amaia Steps Pasig recently held the topping off ceremony of the Clara Building, its fourth residential mid-rise in the complex, bringing the contemporary development closer to aspiring condo dwellers looking to settle down in the heart of Pasig City.
DBM to complete salary hike study this month
June 12, 2024
The Department of Budget and Management will conclude a study by the end of the month on a possible salary increase for government workers.
India sees stronger Philippines ICT defense partnership
June 12, 2024
India is seeing enhanced cooperation with the Philippines in defense equipment supply, according to Delhi’s ministry of external affairs.
Marcos approves 4Ps expansion
June 12, 2024
President Marcos yesterday approved the expansion of the Pantawid Pamilyang Pilipino Program to include pregnant and lactating women.
Over 60 Philippine HEIs named ‘most innovative schools’ worldwide
June 12, 2024
Over 60 Philippine higher education institutions were named among the 300 most innovative schools in the world in the 2024 World University Rankings for Innovation, the Commission on Higher Education said on Monday.
LPA over Visayas Mindanao dissipates
June 12, 2024
A low-pressure area spotted between the Visayas and Mindanao has dissipated, but the easterlies will continue to affect parts of the country today, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration.
Janine Gutierrez named Asia’s Rising Star in upcoming ‘Lavender Fields’
June 11, 2024
Janine Gutierrez has been officially unveiled as Iris Buenavidez in the highly anticipated teleserye ‘Lavender Fields’. In the latest teaser from ABS-CBN Studios and Dreamscape Entertainment, she is celebrated as Asia’s Rising Star. The announcement read, “JANINE GUTIERREZ is IRIS BUENAVIDEZ! “Asia’s Rising Star is back with a vengeance sa Primetime Bida! Abangan si Janine [...]
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Norway discovers Europe’s largest deposit of rare earth metals
June 11, 2024
Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery represents a "great milestone" for the company.
Tito Vince, inilahad ang dahilan ng ‘paghihiwalay’ nila noon ni Toni Fowler
June 11, 2024
Nagkuwento si Vince Flores, o mas kilala bilang si Tito Vince sa social media, tungkol sa napabalita noong Mayo na naghiwalay na sila ng kaniyang partner na si Toni Fowler. Ano nga ba ang dahilan ng kanilang hiwalayan, at paano sila nagkaayos?
Jorge De Brito prepares for longer training period after landmark AVC finish
June 11, 2024
Alas Pilipinas head coach Jorge Souza De Brito remains grounded despite heightened expectations following the national team’s landmark podium finish in the 2024 AVC Challenge Cup. De Brito has earned a contract extension that will see him coaching the Philippines until next year’s Southeast Asian Games, after recently leading Alas Pilipinas to a historic bronze […]
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ICC Prosecutor appeals for evidence of Darfur atrocities
June 11, 2024
The Prosecutor at the International Criminal Court (ICC) launched a campaign on Tuesday to address the unfolding crisis in the Darfur region of Sudan, amid the going war between rival military forces that erupted last April.
UN war crimes tribunals move closer to completion
June 11, 2024
All of the 253 people indicted by UN tribunals for war crimes, crimes against humanity and genocide committed decades ago in Rwanda and the Former Yugoslavia, have now been accounted for, the Security Council heard on Tuesday.
Over 180 migrants dead or missing in latest tragedy off Yemen, UN agency reports
June 11, 2024
At least 49 migrants have been killed, including many women and children, and a further 140 are missing after the boat they were on capsized off the coast of Yemen on Monday, the UN International Organization for Migration (IOM) has reported.
400 million under-fives regularly experience violent discipline at home
June 11, 2024
Six in ten children under five years old worldwide regularly endure psychological aggression or physical punishment at home, according to new UNICEF estimates. Of these nearly 400 million under-fives, 330 million are punished by physical means.
UNDP supports innovative solution to ‘war waste’ in Ukraine
June 11, 2024
The UN Development Progamme (UNDP) is helping to tackle the mountain of rubble and waste in Ukraine - one of the fallouts from the full-scale Russian invasion of the country, now in its third year.
Gaza: ‘high time’ for ceasefire and hostage release, says Guterres
June 11, 2024
A comprehensive ceasefire in Gaza linked to the release of all remaining hostages cannot come too soon, UN Secretary-General António Guterres said on Tuesday, as he welcomed the Security Council resolution adopted a day earlier seeking an end to the wa...
From AI to war zones, UN hosts largest global meeting on disability issues
June 11, 2024
Welcome to this first ever guest-edited UN News live page. We’re reporting from the opening day of the 17th session of the Conference of States Parties (COSP17) to the game-changing Convention on the Rights of Persons with Disabilities. Our blogger-in-...
Yemen: UN chief demands release of aid workers held by Houthis
June 11, 2024
UN Secretary-General António Guterres called on Tuesday for the immediate release of all United Nations staff held in Yemen by the de facto Houthi authorities, following the detention of 13 of the Organization’s personnel.
‘It’s Showtime’ soars to almost record high ratings amidst controversy
June 11, 2024
The Kapamilya noontime show “It’s Showtime” has seen a rise in ratings despite the controversies it is currently facing. According to the latest ratings report from the Nielsen NUTAM People survey, “It’s Showtime” has continued to climb in ratings despite criticism directed at the show and its lead host, Vice Ganda. On Thursday, June 6, [...]
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