Canada plans to recognize Palestinian state, raising allies’ pressure on Israel

OTTAWA/JERUSALEM — Canada plans to recognize the State of Palestine at a meeting of the United Nations (UN) in September, Prime Minister Mark Carney...

US plans to issue travel notice for China as chikungunya cases rise

THE US CENTERS for Disease Control and Prevention (CDC) is planning to issue a travel notice for China as chikungunya infections rise in the...

Alas Pilipinas battles strong Thai team in the 5th SEA V-League

THE TREK BACK to road towards Southeast Asian Games glory for Philippine women’s volleyball resumes as Alas Pilipinas clashes with regional powerhouse Thailand on...

WTA No. 69 Alex Eala withdraws from Cincinnati Open to rest injured shoulder ahead...

ALEXANDRA “ALEX” EALA has withdrawn from the Cincinnati Open to rest her minor shoulder injury and ensure a tip-top shape for the US Open...

Filipinas eye Women’s World Cup slot despite AFC tough grouping

COACH Mark Torcaso expressed confidence the Filipinas will step up to the plate in the face of a tough group assignment in next year’s...

PHL debt hits record-high P17.27T

THE NATIONAL GOVERNMENT’S (NG) outstanding debt jumped to a fresh high P17.27 trillion as of end-June, data from the Bureau of the Treasury (BTr)...

Trade deficit narrows to $3.95 billion in June

THE Philippines’ trade-in-goods deficit narrowed to $3.95 billion in June, as double-digit export growth was driven by frontloading in the run-up to higher US...

DoF warns of P5-B revenue loss if travel tax is eliminated

ANALYSTS are urging the Philippine government to abolish the “outdated” travel tax, but the Department of Finance (DoF) has warned this could lead to as much as P5.1 billion in revenue losses.

TDF yields drop as BSP hints at August rate cut

YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits continued to drop on Wednesday, even as the shorter tenor went undersubscribed, following signals...

BSP looking to ease bancassurance rules to boost access to insurance

THE BANGKO Sentral ng Pilipinas (BSP) is set to issue new guidelines this year that will allow banks to offer their customers insurance products...

SC: Malampaya contractors’ income taxes part of gov’t share

THE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s...

Banks’ deposit composition may shift due to removal of tax perks

BANKS may see changes in their deposit base as clients could reallocate their funds following the removal of tax perks for long-term deposits under...