Philippines must build permanent structures in S. China Sea — analysts
THE PHILIPPINES should build permanent structures within its exclusive economic zone (EEZ) in the South China Sea with the help of allies to deter China from further advancing its claim of maritime areas and resorting to more swarming activities in the West Philippine Sea, analysts said on Sunday.
Better road design can help prevent road rage — experts
TRANSPORT industry advocates urged the government to focus on improving the country’s road infrastructure, making it inclusive for all modes of transportation to reduce heavy traffic and incidents of road rage.
Chiz to BoC: Sue rice smugglers
A PHILIPPINE senator has called on the Bureau of Customs (BoC) to file criminal complaints against rice smugglers, who he says are responsible for spiking grain prices.
Upheavals in Xi’s world spread concern about China’s diplomacy
BEIJING — The disappearance of China’s defense minister, the latest in a string of upheavals in the country’s top ranks, is stoking uncertainty about...
Flood-hit Libyan city facing a long recovery
DERNA, Libya — Residents of Derna in eastern Libya were counting their losses from a flood that devastated swathes of the coastal city as...
Lagarde seized ECB colleagues’ handsets to prevent leaks — sources
FRANKFURT/SANTIAGO DE COMPOSTELA — European Central Bank (ECB) President Christine Lagarde seized the mobile phones of her fellow policymakers at this week’s meeting and...
Price growth of NCR construction materials eases in August
BULK prices of construction materials in the capital region decreased by 5.7% year on year in August, the Philippine Statistics Authority (PSA) reported on Friday.
BSP revises downward current account deficit forecasts for 2023, 2024
THE BANGKO Sentral ng Pilipinas (BSP) on Friday lowered its current account deficit projections for this year and 2024 as exports and imports of goods may contract amid weaker global economic conditions.
Remittances reach 7-month high in July
CASH remittances surged in July as overseas Filipino workers (OFWs) sent more money to their families amid higher inflation and borrowing costs.
This was the...
Cebu Pacific expects impact on fleet in 2024 amid engine inspections
BUDGET carrier Cebu Pacific will lower its fleet growth rate for 2024, according to its listed operator Cebu Air, Inc., as engine maker Pratt...
Remolona sees no need for rate hike if there are no new supply shocks
THE BANGKO SENTRAL ng Pilipinas (BSP) does not see the need to resume monetary tightening if there are no more supply shocks such as those that fueled the uptick in August inflation.
Vehicle sales jump by annual 22% in August
AUTOMOBILE SALES in the Philippines registered a double-digit annual growth in August but saw a month-on-month sales decline amid elevated inflation.
A joint report by...