South Korea court sentences former first lady to jail term for bribery

SEOUL — A South Korean court sentenced former first lady Kim Keon Hee on Wednesday to one year and eight months in jail after finding her...

US calls Taiwan ‘vital partner’ after high-level tech and AI talks

TAIPEI — Senior Taiwanese and US officials discussed cooperation in artificial intelligence (AI), tech and drones at a high-level forum begun during the first...

Trade deficit narrows to 4-year low in 2025

THE Philippines’ trade-in-goods deficit narrowed to a four-year low in 2025, as exports rose by double-digits and import growth remained muted, the Philippine Statistics Authority (PSA) reported on Tuesday.

BIR resumes tax audits

THE BUREAU of Internal Revenue (BIR) is resuming the issuance of letters of authority (LoA) and mission orders after a two-month suspension triggered by...

SEC imposes strict 9-year limit for independent directors

THE SECURITIES and Exchange Commission (SEC) is imposing a maximum cumulative nine-year term limit for independent directors of publicly listed companies starting in February, a move that will boost board independence, analysts said.

Gov’t eyes emerging tech board at PSE as 15 firms signal interest

THE government is exploring the creation of an emerging technology board at the Philippine Stock Exchange (PSE) to allow high-growth technology firms to access public capital, the Department of Information and Communications Technology (DICT) said.

Meralco, gencos get ERC nod to collect P31-B fuel cost recovery

OVER EIGHT MILLION customers of Manila Electric Co. (Meralco) may see higher electricity charges starting March after the Energy Regulatory Commission (ERC) approved P31 billion in fuel cost recovery sought by power generators.

DoTr orders Aleson Shipping Lines to suspend passenger operations

THE Department of Transportation (DoTr) has ordered Aleson Shipping Lines, Inc. to suspend all passenger operations following the sinking of one of its vessels. “We...

The emotional landscape of travelers

WHEN he was studying in Germany in 1886, Philippine national hero Jose Rizal wrote a poem titled “To the Flowers of Heidelberg.” Since then,...

First butoh gathering in Asia platforms dance performances, cultural discourse

THE Asia Butoh Gathering (ABG) 2026, led by the Kapwa Movement and the Japan Foundation, Manila, is set to take place on the first...

Ye apologizes for antisemitic remarks, says he was treated for bipolar disorder

LOS ANGELES — American rapper and record producer Ye, formerly known as Kanye West, took out a full-page advertisement in the Wall Street Journal...

BTr partially awards bond offer at mixed yields

THE GOVERNMENT made a partial award of the dual-tenor Treasury bonds it offered on Tuesday at mixed yields as lingering global uncertainties kept market...