Bill delaying BARMM polls urgent

@BANGSAMOROGOVT PRESIDENT Ferdinand “Bongbong” R. Marcos, Jr. has certified as urgent a bill postponing elections in the southern region of Bangsamoro, according to his office. Malacañang made the confirmation as the two chambers of Congress work on different versions of the postponement bill. “This is confirmed,” Presidential Communications Office Acting Secretary Cesar B. Chavez told […]

P85-B smuggled goods seized in 2024

PHILIPPINE STAR/MIGUEL DE GUZMAN THE Bureau of Customs (BoC) Commissioner Bienvenido Y. Rubio said on Wednesday that P85.167 billion worth of smuggled goods was apprehended last year. “Another record-breaking and unprecedented anti-smuggling accomplishment in the history of the Bureau of Customs,” Mr. Rubio said in a statement. Mr. Rubio also said that for nearly four […]

CHR probes killings in Zamboanga del Sur, Maguindanao

THE Commission on Human Rights (CHR), through its regional offices, is conducting an independent investigation into the recent killings of local executives and election candidates in Zamboanga del Sur and Maguindanao, it said on Wednesday. “We denounce similar incidents which violate the most fundamental of all rights—the right to life—this time affecting public officials and […]

Quiambao back in KBL action after ankle injury

KEVIN QUIAMBAO — KBL.OR.KR KEVIN QUIAMBAO, recently named Mr. Basketball by the Philippine Sports Writers Association, returned to action in the Korean Basketball League (KBL) with a solid performance following an ankle injury. Mr. Quiambao fired 14 points on two treys plus four rebounds and five assists although his club Goyang Sono Skygunners absorbed a […]

Petecio not retiring, will try for LA berth

NESTHY PETECIO — REUTERS TWO-TIME boxing Olympic medalist Nesthy Petecio recently rejected rumors that she is hanging up her boxing gloves and giving up on her dream of striking gold in the Los Angeles (LA) Games. “Walang hihinto hanggat walang ginto,” Ms. Petecio said during the Philippine Sportswriters Association Awards Night at the Manila Hotel […]

Zamboanga crashes out of Dubai tourney with 3rd loss

ZAMBOANGA VALIENTES — FACEBOOK.COM/DUBAIBASKETBALLCHAMPIONSHIP ZAMBOANGA VALIENTES folded to Lebanon’s Sagesse, 90-65, and bowed out of contention from the 34th Dubai International Basketball Championship at the Al Nasr Club. The Valientes were left in the dust by the hot-shooting Lebanese in the first quarter, 8-26, and never recovered from there on en route to a 25-point […]

2024 farm output shrinks 2.2%

A farmer checks the dry soil in San Jose, Occidental Mindoro. Agricultural output was affected by the El Niño in the first semester, followed by La Niña in the second half. — PHILIPPINE STAR/EDD GUMBAN By Adrian H. Halili, Reporter THE PHILIPPINES’ agricultural output contracted by a record 2.2% in 2024, as farm production continued […]

Maharlika interested in Chinese stake in NGCP

By Aubrey Rose A. Inosante and Sheldeen Joy Talavera, Reporters MAHARLIKA Investment Corp. (MIC) is interested in acquiring State Grid Corp. of China’s (SGCC) stake in the sole operator of the Philippines’ power grid. MIC President and Chief Executive Officer Rafael D. Consing, Jr. told a Palace briefing that the sovereign wealth fund would be […]

Q3 GDP growth maintained at 5.2%

People shop for gifts in Divisoria market, Manila. — PHILIPPINE STAR /EDD GUMBAN THE PHILIPPINE Statistics Authority (PSA) on Tuesday said it kept the country’s gross domestic product (GDP) growth rate at 5.2% for the third quarter. The PSA said gross national income remained unchanged at 6.8%. Net primary income from the rest of the […]

Low rates not enough to boost lending — study

BW FILE PHOTO RATE CUTS do not necessarily boost credit activity even as monetary policy is seen to influence bank lending, a study by researchers from the Bangko Sentral ng Pilipinas (BSP) showed. “Central banks can ‘pull’ back economic activity by raising interest rates, but they cannot ‘push’ it forward simply by lowering rates,” BSP […]