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CEBU, Philippines — The North Sports Apparel X Comfort Zone Ph 4x4 Basketball Challenge will kick off on Sunday, August 18, at the Kapenarra Gym in Bogo City north of Cebu.
MANILA, Philippines — Cignal TV, the country’s leading sports content provider, played a key role in the success of the Paris Olympics by enabling Filipinos worldwide to witness historic moments on different fronts.
The Philippine military chief condemned Saturday what he said was the provocative actions of two Chinese air force aircraft that executed a dangerous maneuver and dropped flares in the path of a Philippine air force plane on routine patrol in the South China Sea.
MANILA, Philippines — With the passage in the Senate of a measure setting Archipelagic Sea Lanes (ASL), the Philippines will have greater capability in governing the waters within its sovereignty, sovereign rights and jurisdiction, the National Task Force for the West Philippine Sea (NTF-WPS) said yesterday.
From shining lasers at Philippine ships in February to firing water cannons at them over the weekend, China keeps testing the limits of aggression—dialing up the notch but carefully keeping short of an outright act of war—in disputed waters like the South China Sea.
The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) [link] decided to cut interest rates by 25 basis points to 6.25% (from 6.50%). This is the first rate cut since 2020, and the first time the interest rate has changed in any way (up or down) since October of last year. The BSP’s statement on the cut said that its inflation outlook is “supported by well-anchored inflation expectations over the policy horizon”, and that the “balance of risks to the inflation outlook continues to lean toward the downside for 2024 and 2025.” The downside risk to inflation (that inflation will be lower than projected) is “linked mainly to lower import tariffs on rice”. The BSP concluded as follows: “With inflation on a target-consistent path, the current macroeconomic outlook supports a calibrated shift to a less restrictive monetary policy stance. Nonetheless, monetary authorities remain mindful of lingering upside risks to prices.”
WHILE Elections chairman George Garcia is still mulling his next move, the Bayanihan para sa Karangalan at Kaunlaran ng mga Pilipino (BAYANIHAN) yesterday said it is planning to file an ethics complaint against SAGIP party-list Rep. Dante Marcoleta.
