January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
PAGASA Logo | https://www.pagasa.dost.gov.ph/ The Philippines is expected to experience above-normal rainfall conditions from January to March due to La Niña conditions, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Monday. According to recent data, cooler-than-average sea surface temperatures in the equatorial Pacific, observed since September, have strengthened and reached La Niña […]
January 7, 2025
December inflation rises to 2.9%
Prices of tomatoes surged to P150-P160 per kilo in markets in Metro Manila. — PHILIPPINE STAR/RYAN BALDEMOR By Luisa Maria Jacinta C. Jocson, Reporter INFLATION accelerated for a third straight month in December amid a faster rise in food, utility and transport prices, the Philippine Statistics Authority (PSA) said. Preliminary data from the PSA showed […]
January 7, 2025
Outstanding debt hits fresh high of P16.09T
BW FILE PHOTO By Aubrey Rose A. Inosante, Reporter THE NATIONAL Government’s (NG) outstanding debt rose to a fresh high of P16.09 trillion as of end-November, partly reflecting the impact of the peso depreciation on the value of foreign obligations, the Bureau of the Treasury (BTr) said. Data from the BTr on Tuesday showed that […]
January 7, 2025
PHL end-December dollar reserves drop to $106.8B
US dollar notes are seen in this Nov. 7, 2016 picture illustration. — REUTERS THE PHILIPPINES’ gross international reserves (GIR) inched lower at end-December, falling short of the central bank’s full-year projection. Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed reserves stood at $106.84 billion, down by 1.5% from $108.49 […]
January 7, 2025
SSS sees no need for future contribution rate hikes
A man is seen at a Social Security System (SSS) Diliman branch along East Avenue in Quezon City, Jan. 3, 2025. — PHILIPPINE STAR/MIGUEL DE GUZMAN THE SOCIAL Security System (SSS) does not see the need for further increases in its contribution rate as the last tranche of hikes would double the fund life to […]
January 7, 2025
Making air travel an exciting experience for families
Traveling with children can be a mix of excitement and challenge, especially at 30,000 feet. Emirates understands this deeply and has made family travel a priority by focusing on creating a memorable, stress-free experience for its youngest passengers. The airline’s thoughtful approach ensures kids feel cared for and entertained while giving parents peace of mind. […]
January 7, 2025
House receives new bill for ABS-CBN franchise
ABS-CBN was forced to stop its broadcast operations in May 2020 after former President Rodrigo R. Duterte’s allies in Congress denied its franchise renewal application. — PHILIPPINE STAR/MIGUEL DE GUZMAN A BILL seeking to provide media company ABS-CBN Corp. with a fresh 25-year franchise was filed at the House of Representatives on Tuesday, more than […]
January 7, 2025
Nickel Asia in talks to sell Coral Bay stake to Sumitomo Metal
NICKELASIA.COM NICKEL ASIA Corp. (NAC) is in talks with its Japanese partner Sumitomo Metal Mining Co., Ltd. (SMM) to sell its stake in Coral Bay Nickel Corp. (CBNC), which operates a hydrometallurgical processing plant in Palawan. NAC is in “discussions and negotiations with SMM for the proposed sale of all of NAC’s shareholding in CBNC […]
January 7, 2025
Arthaland to redeem initial ASEAN green bonds on Feb. 6
ARTHALAND CENTURY PACIFIC TOWER — ARTHALAND.COM ARTHALAND Corp. will redeem the first tranche of its ASEAN green bonds, which were issued in 2020, on Feb. 6, the real estate developer said on Tuesday. “Holders of the first tranche of the ASEAN green bonds of Arthaland Corp. equivalent to P2 billion are hereby notified of the […]
January 7, 2025
The demographic dividend of the Philippines: The lessons from Japan
FREEPIK (Part 6) The case of Japan presents an even bleaker picture of a country that is grappling with the problem of population decline. In fact, as reported by Reuters, the richest man in the world and now a close economic adviser of US President-elect Donald Trump —Elon Musk — recently provoked public anger when […]
January 7, 2025
GCash partners with Ria for global remittances
GCASH X (FORMERLY TWITTER) OFFICIAL ACCOUNT ELECTRONIC wallet giant GCash has partnered with Ria Money Transfer for international remittance services for Filipinos abroad. “We’re continuing to strengthen partnerships around key corridors so we can help Filipinos wherever they may be. We are also strengthening our presence in Ria money,” GCash International General Manager Paul Albano […]
January 7, 2025
Gearing for a renewed strategic competition with China: Possible roles for the QUAD in the Indo-Pacific region
THE Japan-US-Australia-India Summit held on May 24, 2022 in Tokyo. — KANTEI.GO.JP/QUAD-LEADERS-MEETING-TOKYO2022 The most consequential foreign policy achievement of the first Trump Administration was engaging China in strategic competition. It admitted that the era of America’s unipolar movement was over. In its place is an emerging multipolar world where great powers compete for wealth, influence, […]
