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Ralph Edwin Villanueva - Ian Sangalang - Mark Barroca - Ken Tuffin - Hotshots stymie Fuel Masters - - Philippines - city Sangalang - city Manila, Philippines

Hotshots stymie Fuel Masters

MANILA, Philippines -- The Magnolia Hotshots pulled away in the fourth quarter and dealt the Phoenix Fuel Masters a tough 103-97 drubbing Sunday afternoon in the PBA Philippine Cup at the Ninoy Aquino Stadium in Manila.

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British Chamber highlights cybersecurity industry in boosting UK-PH trade - - Philippines - Britain

British Chamber highlights cybersecurity industry in boosting UK-PH trade

On April 15, 2024, the British Chamber of Commerce Philippines Executive Director/Trustee Chris Nelson, together with the Department for Business and Trade Philippines Country Director James Thackery discussed the bilateral economic opportunities between the UK and the Philippines, citing significant sectors including cybersecurity, infrastructure, renewable energy, agriculture, among others. 

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CTS Global FY23 profit: P23-M (down 56%) - - Usa

CTS Global FY23 profit: P23-M (down 56%)

CTS Global [CTS 0.71 unch; 5% avgVol] [link] posted a FY23 net income of P23 million, down 56% from the P52 million it reported in FY22. CTS said that its total revenues increased 18% to P103.7 million, driven by interest income from its low-yield government bonds. CTS booked P0.5 million in combined trading revenue from its global and local trading desks, down 98% from the P32.5 it earned the previous year. Domestically, CTS earned P20.6 million in income, down 20% from the previous year’s P25.9 million. Internationally, CTS lost P20.1 million, down 404% from the previous year’s P6.6 million. CTS blamed its poor trading performance on the “broad equity weakness” that resulted from “the US Fed’s stance to keep interest rates higher for longer to combat inflation and among other various events that introduced uncertainty into the markets.” CTS also noted “elevated geopolitical tensions”, “erratic adjustments to interest rates across major economies”, and “persistent volatility in commodity prices” as drivers of the “tumultuous conditions” that made trading operations difficult.

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Aquilino Pimentel - Pia LeeBrago - Be vigilant, Filipinos in Israel told - - Philippines - Iraq - China - Taiwan - Lebanon - Israel - Syria - Yemen - Iran - city Jerusalem - city Tel Aviv - area West Bank - city Manila, Philippines

Be vigilant, Filipinos in Israel told

MANILA, Philippines — The Philippine embassy in Tel Aviv has advised Filipinos in Israel to be on alert after Iran launched a retaliatory attack on Israel.

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Alexis Romero - President Marcos urges United States Congress to reauthorize GSP - - Philippines - Usa - Washington

President Marcos urges United States Congress to reauthorize GSP

WASHINGTON — President Marcos has urged the United States Congress to fast-track the reauthorization of the US Generalized System of Preferences (GSP) program, which granted duty-free privilege to more than 3,500 exports from the Philippines.

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Joe Biden - Ferdinand Marcos-Junior - Kristina Maralit - Fumio Kishida - Summit to spur investments - - Philippines - Usa - Japan - China - area District Of Columbia - Washington, area District Of Columbia

Summit to spur investments

(UPDATE) WASHINGTON, D.C.: The Philippine government hopes to generate about $100 billion in investments across various sectors in the next five to 10 years as a result of the historic three-way summit here with US President Joe Biden, Japanese Prime Minister Fumio Kishida and President Ferdinand Marcos Jr.

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Rodrigo Duterte - Ferdinand Marcos - Why would the US defend the Philippines? - - Philippines - Usa - New Zealand - Japan - India - China - Taiwan - Washington - region Asia-Pacific - city Manila, Philippines

Why would the US defend the Philippines?

MANILA, Philippines — Relations between the United States and the Philippines have been in overdrive since President Ferdinand Marcos took power in June 2022, fuelled by China's growing assertiveness in the Asia-Pacific region.

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International - Singapore economic growth misses forecasts in first quarter - - Singapore - city Singapore

Singapore economic growth misses forecasts in first quarter

SINGAPORE, Singapore — Singapore's economy grew slower than expected in the first quarter, early data showed Friday, as a struggling manufacturing sector weighed on tourism spending from events including Taylor Swift's concerts.

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