First rate cut likely 25 basis points
MONETARY authorities will cut key interest rates by 25 basis points (bps) once inflation settles around the midpoint of the target range, the chief of the Bangko Sentral ng Pilipinas (BSP) said.
UPS latest news
April shortfall expected – Recto
THE government expects to have posted another budget deficit last month amid efforts to accelerate economic growth, Finance Secretary Ralph Recto said.
US Pacific commander says China is pursuing 'boiling frog' strategy
The commander of US forces in the Indo-Pacific region has accused China of pursuing a «boiling frog» strategy, raising tensions in the region with increasingly dangerous military activity.
Consumer group asks LWUA to audit COWD
MANILA, Philippines: The United Filipino Consumers and Commuters (UFCC) on Monday filed a petition before the Local Water Utilities Administration (LWUA) seeking an audit of the management and performance of the Cagayan de Oro Water District (COWD) following complaints from consumers.
Taiwan's everywhere war
Night was falling when sergeant Pa Wen-shan rode his motorcycle up the steep, narrow road that leads home. It had been a long journey. Four hours on the train from Chiayi, then another 45 minutes on the road from the station in Taitung, the only city on Taiwan's remote south-east coast. Once the Pacific fell back behind him and he entered the valley where Jialan, his village, is located, a rush of cool air dried the sweat on his face. The village sits on a slim, slanted plateau. Pa, then 25, passed the baseball field where he played as a boy. The cemetery where his father was buried a month earlier. On the final ascent to his family's home, he saw that the neighbours had started drinking. Sitting around wood fires in front of their one-storey cement houses, they called out to him: «Galawas!»
Campus protests become a political liability for Joe Biden and Democrats
Republicans are seizing on campus turmoil from New York to California as they attack Joe Biden for failing to quell the protests over Israel's war in Gaza and portray America as spiralling out of control under the US president's leadership.
PNP chief vows legal aid for policemen facing charges
PHILIPPINE National Police (PNP) chief Gen. Rommel Francisco Marbil said on Monday he will exhaust all efforts to ensure legal aid for officers facing court charges.
Percy Lapid kin welcomes conviction of self-confessed gunman
MANILA, Philippines: The self-confessed gunman of broadcaster Percival «Percy Lapid» Mabasa was sentenced to a maximum 16 years by a Las Piñas Regional Trial Court on Monday.