With great power comes great responsibility

Yesterday marked the 125th anniversary of the Philippine Independence, marking the day President Emilio Aguinaldo proclaimed the country’s rejection of Spanish colonial rule in Kawit, Cavite. The observance is meant to reminds us of the sacrifices made by our ancestors to secure our freedom. A live-action film that is currently showing in cinemas, Disney’s The […]

Philippine merchandise trade performance

The Philippines’ trade deficit in goods narrowed to its two-month low in April, as imports and exports contracted by double digits to their lowest level in almost three years, the Philippine Statistics Authority reported on Friday. Read the full story.

Philippine Merchandise Trade

The Philippines’ trade deficit in goods narrowed to its two-month low in April, as imports and exports contracted by double digits to their lowest level in almost three years, the Philippine Statistics Authority reported on Friday. Read the full story.

Obiena leads PHL athletics team at Thai Olympic qualifying meet

FRESH from registering the best pole vault performance in Asian history, EJ Obiena will lead the 23-strong Philippine team seeing action in the Asian Athletics Championships on July 12-16 in Pattaya, Thailand, where they also seek qualification points to next year’s Paris Olympics. Two days ago, the World Championship bronze medalist made the elite six-meter […]

La Salle, Letran gun for second wins in D-League semis

Games Today (Filoil EcoOil Centre, San Juan) 2 p.m. — University of Perpetual Help System Dalta vs EcoOil-La Salle 4 p.m. — Wangs Basketball @27 Strikers-Letran vs Marinerong Pilipino-San Beda ECOOIL-LA SALLE shoots for a finals return trip as Wangs Basketball @27 Strikers-Letran tries to extend its winning tradition with a potential championship showdown in […]

Ardina falters in final round of Shoprite LPGA Classic 

DOTTIE Ardina stumbled to a closing three-over 74 and fell way down the final standings at joint 49th in the Shoprite LPGA Classic Sunday in Galloway, New Jersey. Starting the day at No. 13, Ms. Ardina struggled mightily in the last push, missing six fairways and seven greens in regulation and needing 31 putts to complete […]

Ferrari returns to win centenary 24 Hours of Le Mans

FERRARI won the centenary edition of the 24 Hours of Le Mans on Sunday, with Italian Alessandro Pier Guidi driving the last stint to the chequered flag, for the marque’s first overall victory in 58 years. The success after 342 laps of the Sarthe circuit in north-west France ended a run of five straight triumphs […]

US economic support out of step with expanded PHL defense ties

By Kyle Aristophere T. Atienza and Beatriz Marie D. Cruz, Reporters THE PHILIPPINES should demand more economic pledges from the United States as the two countries boost their ties in military defense, analysts said. Washington has yet to boost its partnership with Manila on the economic front — something that China has exploited as it […]

Marcos vows to bring economic freedom on Independence Day

THE PHILIPPINES would never bow down again to any external force and address continuing barriers to economic freedom, President Ferdinand R. Marcos, Jr. said on Monday as the country celebrated the 125th anniversary of its independence from Spain. “The heroes of our liberation will be proud now that we have thrown off the ominous yolk […]

14,360 evacuated as lava flows from Mayon 

ALMOST 4,000 families in Albay province have been evacuated as of Monday following Mayon Volcano’s increased activity since last week, with lava having started to flow in the past 24 hours.   Of the 14,360 displaced persons, 13,792 are spread across 22 evacuation centers while the rest have sought shelter elsewhere, according to the June 12 […]

Stocks end week lower as market looks for leads

LOCAL EQUITIES declined on Friday as investors stayed on the sidelines as they awaited fresh leads. The benchmark Philippine Stock Exchange index (PSEi) fell by 32.21 points or 0.49% to close at 6,507.15 on Friday, while the broader all shares index went down by 8.53 points or 0.24% to end at 3,476.18. Week on week, […]

Peso seen to trade sideways vs dollar before Fed, BSP reviews

THE PESO could trade sideways against the dollar this week on expectations that the US Federal Reserve will pause its tightening cycle at its policy meeting this week. The local currency closed at P56.05 versus the dollar on Friday, strengthening by six centavos from Thursday’s P56.11 finish, data from the Bankers Association of the Philippines’ […]

Study supports bill that will legalize motorcycle taxi service

THE PHILIPPINE Congress has been urged to fast-track the passage of a bill that will legalize the operation of motorcycle taxis, citing its role in plugging gaps in public transportation and employment while addressing the need for regulation to ensure safety.  In a research paper released recently, transportation expert Rene S. Santiago and Libra Konsult, […]

Coronavirus cases seen falling back to ‘low levels’

By Kyle Aristophere T. Atienza, Reporter DAILY coronavirus cases in the Philippines would likely fall to fewer than 1,000 starting next week, according to pandemic monitoring group OCTA. “We should be seeing fewer than 1,000 new cases daily. The situation for COVID-19 will be back to low levels,” OCTA fellow Fredegusto P. David said in […]

CoA flags ERC for P18.8-M unremitted taxes

STATE AUDITORS flagged the Energy Regulatory Commission (ERC) for failing to remit taxes withheld from employees, contractors and suppliers in the past two years worth P18.79 million.   In its 2022 audit report made available on June 8, 2023, the Commission on Audit (CoA) said the ERC failed to fully comply with Bureau of Internal Revenue […]