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Samuel P. Medenilla

AFTER finally lifting the month-long rice price cap on Wednesday, President Ferdinand R. Marcos Jr. said the government will provide aid for vulnerable groups in areas where the price for the food staple remains “volatile.”
The post ‘Volatile-price’ ar...

AMRO cuts 2023 GDP forecast, says tight policy must stay

October 5, 2023

Cai U. Ordinario

THE tight monetary policy of the Bangko Sentral ng Pilipinas (BSP) should be maintained until inflation slows, as far as the Association of Southeast Asian Nations (Asean) Plus 3 Macroeconomic Research Office (Amro) is concerned.
The post AMRO cuts 202...

IMF sees MIF as tool to fill PHL infra gaps, DBM says

October 5, 2023

Jasper Y. Arcalas

THE Department of Budget and Management (DBM) said the International Monetary Fund (IMF) is supporting the Maharlika Investment Fund (MIF), noting that it would help in “closing” the Philippines’s infrastructure gaps and boost its “green” investments.
...

Growth in M3, bank loans ‘bright spot’ in PHL

October 5, 2023

Cai U. Ordinario

THE growth in the country’s domestic liquidity (M3) and loans of universal and commercial banks (U/KBs) remained a “bright spot” for Philippine economic performance, according to a local economist.
The post Growth in M3, bank loans ‘bright spot’ in PHL...

CES rank for NDCP grads suspended

October 5, 2023

Samuel P. Medenilla

MALACAÑANG has declared a moratorium on the granting of career executive service (CES) rank to graduates of the National Defense College of the Philippines (NDCP).
The post CES rank for NDCP grads suspended first appeared on BusinessMirror.

SC asks NBI: Probe scam offers of ‘no-appearance’ annulments

October 5, 2023

Joel R. San Juan

THE Supreme Court through the Office of the Court Administrator (SC-OCA) has asked the National Bureau of Investigation (NBI) to conduct an investigation into the supposed services being offered online by some unscrupulous individuals for annulment of ...

Lifting of rice-price ceiling made at ‘right time’–experts

October 5, 2023

Jasper Y. Arcalas

PRESIDENT Marcos Jr.’s decision to lift the price ceiling on rice was made “at the right time” as the country starts its main harvest of palay, with some pundits claiming that the measure was “successful” in curbing “market collusion.”
The post Lifting...

Kaspersky flags rise in fake, hacked sites

October 5, 2023

Lorenz S. Marasigan

CYBERSECURITY giant Kaspersky on Wednesday advised Filipinos to never trust everything online, as fake or hacked websites are becoming more inconspicuous to the untrained eye.
The post Kaspersky flags rise in fake, hacked sites first appeared on Busine...

‘Tax reforms boost economy despite global headwinds’

October 5, 2023

Jovee Marie N. de la Cruz

SPEAKER Ferdinand Martin G. Romualdez expressed his optimism on the resilience of the Philippine economy despite the anticipated global economic slowdown as he underscored the progress made in implementing financial and tax reforms, which enhanced the ...

AI to spur 65% worksite change by 2030–LinkedIn

October 5, 2023

Andrea E. San Juan

THE skills needed for jobs globally may change by at least 65 percent by 2030 as rapid developments in artificial intelligence (AI) accelerate workplace change, according to major professional network platform LinkedIn.
The post AI to spur 65% worksite...

U.S. ambassador insists America remains the top foreign policy actor in the Middle East

October 5, 2023

Martina Strong, U.S. ambassador to the United Arab Emirates, believes the U.S. is unequivocally the most important foreign policy actor in the Middle East.

Questions arise over U.S. aid to Ukraine after McCarthy ouster; Russia, Ukraine down dozens of drones

October 4, 2023

The dramatic ouster of U.S. House Speaker Kevin McCarthy has raised questions about the future of the country's supply of aid to Ukraine.

Insurers are seeking a way to make money from your climate change travel anxiety

October 4, 2023

The insurance industry is planning for natural disaster and extreme weather like no other industry, with big implications for not just your home but travel.

DICT urges PhilHealth employees, members to change passwords

October 4, 2023

The DICT on Wednesday urged employees and members of the Philippine Health Insurance Corp. (PhilHealth) to change their passwords in their online accounts.

Miracle in Hangzhou as Brownlee waxes hot to stun host China

October 4, 2023

Tempo Desk

BY REY C. LACHICA HANGZHOU, China – NBA Hall of Famer and Chinese basketball executive Yao Ming was flashed on a giant screen late in the first half, smiling broadly. But that smile disappeared and turned sour towards the end of the game as Gila...

Fishermen, residents in Scarborough Shoal receive help from GMA Kapuso Foundation

October 4, 2023

Filipino fishermen in Scarborough Shoal or Bajo de Masinloc in Zambales received help from the GMA Kapuso Foundation amid China"s activities in West Philippine Sea.

Bedbug fears grip Paris as French minister pledges action

October 4, 2023

Concern over the spread of bedbugs in Paris and other French cities have mounted in recent weeks as social media posts show infestations in trains.

Philippines completes resupply mission to Ayungin Shoal amid China harassment –NTF-WPS

October 4, 2023

The Philippines has completed another resupply in the Ayungin Shoal despite harassment from Chinese vessels, the National Task Force-West Philippine Sea (NTF-WPS) said Wednesday.

PH consulate in Milan continues to assist Filipino fraud victims

October 4, 2023

MANILA, Philippines --- The Philippine consulate in Milan is still assisting Filipinos who have been victimized by fraud and illegal recruitment in Italy.

This was disclosed by the Department of Foreign Affairs (DFA) on Wednesday.

"The consul...

2 people stabbed dead during basketball game in Pampanga

October 4, 2023

Two people were reported dead and one injured in a stabbing incident during a basketball game in Porac, Pampanga, according to a 24 Oras report by CJ Torida on Wednesday.

Gilas Pilipinas, ginulat ang China sa Asian Games; Pinoy squad, lalaban para sa gold

October 4, 2023

Gaya ng paghaharap nila sa nagdaang Fiba World Cup, pinalasap muli ng Gilas Pilipinas ang kabiguan sa host China, 77-76, sa kanilang laban sa Asian Games nitong Miyerkules. Dahil sa panalo, lalaban para sa gold medal ang Pinoy squad, na huling nangyari...

Palace suspends granting of career executive rank to NDCP grads

October 4, 2023

President Ferdinand Marcos Jr. issued an executive order (EO) imposing a moratorium on the granting of career executive service rank (CES) to the graduates of the National Defense College of the Philippines (NDCP).

Inflation battle will take time, top ECB official says

October 4, 2023

FRANKFURT, Germany -Efforts to bring down inflation will take time, a senior European Central Bank official said Wednesday, warning that the eurozone had yet to fully feel the impact of higher interest rates.

"While inflation continues to decline, i...

Social media influencer nabbed in investment scam raid

October 4, 2023

Authorities arrested a social media influencer allegedly connected to a company running "investment scams."

Google’s latest Pixel phones have new camera AI tricks

October 4, 2023

Google debuted its Pixel 8 and Pixel 8 Pro phones in New York City on Wednesday.

Smiling Kids, Gorgeous Sunsets: Is It Photo Editing or Just Plain Lying?

October 4, 2023

WSJ.com: WSJD

AI blurs the line between photography and “fauxtography.” On Google’s new Pixel 8 phones, you can face swap for the perfect family portrait.

Building collapse in Havana kills at least one, others trapped

October 4, 2023

A building partially collapsed in the Cuban capital Havana on Tuesday night, killing at least one person and leaving at least two others trapped beneath the rubble, the municipal government said.

Oil falls over $2 on demand fears, Saudi confirms cuts to year-end

October 4, 2023

LONDON -Oil fell on Wednesday, as pledges by Saudi Arabia and Russia to continue crude output cuts to the end of 2023 were offset by demand fears stemming from macroeconomic headwinds.

Brent crude oil futures were down $2.02, or 2.22 percent, to $88...

UK PM Rishi Sunak scraps major high-speed rail link; plans to phase out smoking

October 4, 2023

U.K. Prime Minister Rishi Sunak on Wednesday unveiled a raft of new policies aimed at shoring up waning support for his Conservative Party ahead of next year's general election.

UAAP: NU, UST, UP share early lead in women’s basketball

October 4, 2023

MANILA, Philippines --- Defending champion National University forced a triple tie on top of the UAAP Season 86 women's basketball tournament after dominating Far Eastern University, 95-58, on Wednesday at Adamson Gym.

Tin Cayabyab led the balan...

Gilas rallies to beat China, advances to Asian Games gold medal game

October 4, 2023

Gilas Pilipinas came back from 20 points down to stun host China, 77-76, on Wednesday night to advance to the final of the 19th Asian Games men's basketball tournament.

The Nationals got to work in the final period behind the heroics of the belo...

UAAP: Ballungay, Amos come through late as Ateneo beats La Salle

October 4, 2023

GMA News Online / Lifestyle

MANILA, Philippines---Kai Ballungay and Mason Amos delivered the big baskets down the stretch as defending champion Ateneo topped archrival La Salle, 77-72, in the UAAP Season 86 men's basketball tournament on Wednesday at Mall of Asia Arena.

Am...

‘Five Break-Ups and a Romance’ unveils official trailer

October 4, 2023

Entertainment

The official trailer for Alden Richards and Julia Montes's upcoming movie, "Five Break-Ups and a Romance," is finally here!

PVL: PLDT taps Filipino-Canadian Savannah Davison

October 4, 2023

MANILA, Philippines---PLDT is still stinging from the loss of Jovy Prado due to an ACL injury but the High Speed Hitters are making up for it with the recruitment of Filipino-Canadian Savannah Davison.

In a post made by the squad on Wednes...

Pope Francis warns planet ‘is collapsing and may be nearing the breaking point’ as he urges climate action

October 4, 2023

GMA News Online / Lifestyle

The Pope's letter has been published in the run up to the COP28 climate change summit.

Pura Luka Vega surprised about warrant of arrest, did not receive subpoena

October 4, 2023

Entertainment

Drag queen Pura Luka Vega said they were surprised to be served a warrant of arrest on Wednesday after a religious group filed a complaint against their "Ama Namin" performance.

Captivating Katkat crowned as ‘Drag Race Philippines’ Season 2 winner

October 4, 2023