Russia’s attack on Kyiv kills two as US delivers arms to Ukraine

KYIV — Russian drones and missiles bore down on the Ukrainian capital of Kyiv early on Thursday, with officials reporting two deaths, 13 injured...

South Korea ex-leader Yoon returns to jail as court grants warrant

SEOUL — Former South Korean President Yoon Suk Yeol returned to a solitary jail cell on Thursday after a court approved a warrant sought...

Rice tariff stays at 15% till November

THE 15% TARIFF on imported rice will remain unchanged at least until November, according to the Department of Economy, Planning, and Development (DEPDev), as...

Income-price gap keeps Filipino families from owning homes — ULI

HOME OWNERSHIP in the Philippines remains out of reach for many households due to the wide gap between residential property prices and income, particularly in urban areas like Metro Manila and Davao, according to the Urban Land Institute (ULI).

NCR wage hike unlikely to stoke prices

THE P50 daily minimum wage hike for Metro Manila workers that will take effect on July 18 is unlikely to fuel inflation, according to...

SM Prime debuts premium line, sets P25-B initial budget

LISTED real estate developer SM Prime Holdings, Inc. has allocated an initial P25 billion in capital expenditure for the first project under its newly...

AirAsia PHL to get 20 new aircraft in 5 years

LOW-COST carrier AirAsia is accelerating its fleet expansion with a planned purchase of 150 additional aircraft, with up to 20 expected to be delivered...

Xurpas in talks to sell stake in Indonesian firm

LISTED technology firm Xurpas, Inc. is exploring the potential sale of its stake in Indonesian company PT Sembilan Digital Investama (SDI) as part of...

PHL businesses must build expertise to prepare for agentic AI era, Microsoft says

PHILIPPINE BUSINESSES looking to adopt agentic artificial intelligence (AI) must put an emphasis on agent training to guard against biases and ensure responsible data use, Microsoft Philippines said.

Flanking tactics

By Wilfredo G. Reyes
Don’t look now, but if we’re not careful, we could find ourselves legally outflanked over the West Philippine Sea. In a move widely reported abroad...

Samsung unveils Galaxy Z Fold7, Flip7 foldable smartphones

SAMSUNG Electronics Co. has unveiled its latest lineup of foldable devices, the Samsung Galaxy Z Fold7 and Flip7, which are now available for pre-order...

Yields on term deposits decline further with more BSP cuts seen

TERM DEPOSIT YIELDS continued to go down on Wednesday, even as the offer was undersubscribed, as inflation remained below target despite the slight uptick...
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