Marcos’ legitimacy hinges on outcome of criminal charges lodged against allies–analysts

PHILIPPINE President Ferdinand R. Marcos, Jr.’s move to file charges against his close political allies is a welcome step but analysts said this only matters if credible action is taken after months of investigations into a wide scale corruption within the bureaucracy.

Another Congress leadership shakeup could signal instability, analysts say

A FRESH congressional leadership shakeup just over two months after the Senate President and House Speaker were replaced could deepen perceptions of political instability in the Philippines, political analysts said over the weekend.

Karl Yulo snatches bronze in floor exercise in FIG Junior Gymnastics

KARL ELDREW YULO’S journey has begun. It started on Sunday after the 18-year-old younger brother of Paris Olympics double gold winner Carlos snatched a bronze...

Eight teams battle it out in knockout quarterfinals of PVL Reinforced Conference in Big...

EIGHT TEAMS, headed by championship-tested PLDT, Creamline and Petro Gazz, battle it out for a shot at glory in Monday’s knockout quarterfinals of the PVL Reinforced Conference at the Smart Araneta Coliseum.

Philippines’ Filipina5 eyes historic win against Morocco in FIFA Futsal Women’s World Cup

Matches on Monday (PhilSports Arena) 6 p.m. – Argentina vs Poland 8:30 p.m. – Philippines vs Morocco WITH match experience in the FIFA Futsal Women’s World Cup now...

Western leaders say Ukraine plan needs work, Trump signals scope for changes

JOHANNESBURG/KYIV — Western leaders said on Saturday that a peace plan proposed by the United States can be a basis for talks to end...

G20 summit in South Africa adopts declaration despite US boycott, opposition

JOHANNESBURG/WASHINGTON — Group of 20 (G20) leaders adopted a declaration addressing the climate crisis and other global challenges on Saturday over US objections, prompting...

Britain unveils critical minerals strategy to cut reliance on foreign supply

BRITAIN on Saturday rolled out a critical minerals strategy designed to reduce dependence on foreign suppliers by 2035, with targets to source 10% of...

BoP position swings to $706-million surplus in October

THE PHILIPPINES’ balance of payments (BoP) position swung to a surplus in October, narrowing the country’s external position gap in the 10-month period, the central bank said.

DoF warns VAT rate cut could slash P1 trillion in revenue and risk credit...

THE Department of Finance (DoF) expressed “strong reservations” regarding a proposal to lower the value-added tax (VAT) rate, warning it could cost the government more than P1 trillion in foregone revenues through 2030 and undermine its fiscal consolidation efforts.

Digital VAT collection nears P7 billion — BIR

THE PHILIPPINE government has collected almost P7 billion from a 12% value-added tax (VAT) on digital services, the Department of Finance said, providing a lift to revenue intake at a time when slower growth and a corruption probe are weighing on collections.

Major music labels strike deals with new AI streaming service

THE WORLD’S LARGEST music companies have licensed their works to a music startup called Klay, which is building a streaming service that will allow...