Manila pitches FTA to EU as platform for Asian expansion

THE PHILIPPINES is touting itself as a potential “platform” for broadening European trade in the Indo-Pacific in free trade feelers sent to the European Union (EU). Trade Secretary Alfredo E. Pascual made the pitch during a meeting with European Commission Vice-President and Trade Commissioner Valdis Dombrovskis on June 26 in Brussels, during which he pressed […]

Palay average farmgate price up 9.1% in April

THE average farmgate price of palay or unmilled rice rose 9.1% year on year to P18.79 per kilogram in April, according to the Philippine Statistics Authority (PSA). “All regions continued to record positive annual increments in the average farmgate price of palay in April 2023,” the PSA said in its report. The highest farmgate price […]

VAT refund for tourists

After the Director-General of the World Health Organization declared an end to COVID-19 as a global health emergency, many of us grew eager to return to life as we knew it before COVID-19. Tourism was one of the hardest-hit industries during the height of the COVID-19 pandemic due to the mobility and international travel restrictions […]

Philippines ranked 22nd heading into FIBA World Cup tournament

GILAS Pilipinas will head into battle as 22nd-ranked team in a field of 32 at the 2023 FIBA Basketball World Cup, according to the federation’s initial power rankings. The Philippines, serving as the tournament’s main host, topped rivals Iran (No. 31), Jordan (No. 28) and Lebanon (No. 26) in the rankings. FIBA said the presence […]

Creamline shoots for solo PVL leadership

Games Today (Filoil EcoOil Arena) 1:30 p.m. — Creamline vs Gerflor 4 p.m. — Choco Mucho vs Farm Fresh 6:30 p.m. — Petro Gazz vs Foton THE CREAMLINE traveling show hits the road again, shooting for the solo lead against a debuting Gerflor today (June 29) in the Premier Volleyball League Invitational Conference at the […]

Volleyballer Santiago signs with new team in Japan

JAJA SANTIAGO has officially signed with a new team in the Japan V.League Division 1 — JT Marvelous — dashing hopes by her fans for a possible Premier Volleyball League (PVL) return. Santiago’s signing with JT Marvelous was made official Wednesday in a website post months after the end of her stint with the Saitama […]

Obiena on track to hit Olympic qualifying norm

If EJ Obiena’s bronze medal-clinching vault in the 62nd Ostrava Golden Spike in the Czech Republic can be used to gauge his Paris Olympics form, then the Filipino World Championship bronze medalist is just about right on track. With the Olympic qualifying cycle inching closer, Mr. Obiena achieved what he initially came for and effortlessly breached […]

Peso climbs as tensions in Russia ease

THE PESO rose to a near two-month high against the dollar on Tuesday as tensions in Russia eased. The local currency closed at P55.32 versus the dollar on Tuesday, surging by 38 centavos from Monday’s P55.70 finish, data from the Bankers Association of the Philippines’ website showed. This was the peso’s strongest close since its […]

Local shares decline on last-minute profit taking

STOCKS ended lower on Tuesday on last-minute profit taking ahead of a one-day trading break and tracking Wall Street’s decline overnight. The Philippine Stock Exchange index (PSEi) dropped by 20.24 points or 0.31% to 6,502.85 on Tuesday, while the broader all shares index went down by 6.65 points or 0.19% to close at 3,463.81. “After [Monday’s] rally, […]

SC voids law postponing village elections 

THE PHILIPPINE Supreme Court (SC) has voided the law postponing this year’s village and youth council elections for being illegal.  In a statement on Tuesday night, the tribunal said there was no compelling reason to delay the vote.   The High Court also set village and youth council elections on every first Monday of December starting […]

CoA flags P18-M ‘unnecessary expenditures’ by port agency

THE COMMISSION on Audit (CoA) has flagged the Philippine Ports Authority (PPA) for buying unnecessary items worth P18.48 million under its infrastructure projects. In a 2023 audit report posted on its website on Monday, state auditors said “various office equipment, furniture, computers computer software and high-end models and brands of electronic gadgets totaling P18.48 million […]

Government reviewing Manila Bay reclamation projects for violations

THE DEPARTMENT of Environment and Natural Resources (DENR) is reviewing all reclamation projects in Manila Bay for their impact on the environment, according to its chief. Environment Secretary Maria Antonia Yulo-Loyzaga on Tuesday said the Marcos government had given her “latitude” to review the projects, allowing her to pursue a cumulative impact assessment. “Globally, the […]

ILO chief cites need to boost state efforts to help migrant workers

By John Victor D. Ordoñez, Reporter INTERNATIONAL Labour Organization (ILO) Director-General Gilbert F. Houngbo on Tuesday cited progress in Philippine efforts to help returning overseas Filipino workers (OFWs) find local jobs, but cited the need for more international collaboration on migrant worker issues. “What I’ve seen in the discussions I’ve had with the Department of […]

4 communist rebels hurt in clash 

COTABATO CITY — Soldiers recovered two M16 assault rifles and improvised explosive devices left by four retreating New People’s Army guerillas after a clash in Palimbang, Sultan Kudarat province on Monday. The clash started when communist rebels attacked a team of soldiers sent to check their presence in the area, as reported by villagers, local […]

Dried cannabis seized in Benguet 

BAGUIO CITY — Policemen seized P15 million worth of dried marijuana stalks weighing 125 kilos tucked inside three sacks while conducting internal security operations in the village of Badeo, Kibungan town in Benguet province on Monday.  No one was caught, Cordillera Police Director Brigadier General David Peredo said, though he promised investigators were trying to […]

TESDA warns vs fake certificates 

THE TECHNICAL Education and Skills Development Authority (TESDA) on Tuesday warned the public against people selling fake accreditation certificates.   In a statement, the agency said police had arrested a man in Cotabato City who was selling fake TESDA certificates and driver’s licenses. TESDA certificates are valid for five years.   TESDA Director-General Suharto T. Mangudadatu earlier […]