Israel PM says Hamas must be destroyed for peace; US, Iran-backed militants clash
CAIRO/GAZA/JERUSALEM — Israeli Prime Minister (PM) Benjamin Netanyahu has vowed to keep fighting in Gaza until Hamas is destroyed, defying global calls for a...
China expects searing heat, more weather extremes in 2024
BEIJING — China — grappling with one of its coldest Decembers on record — will likely have to brace for another round of scorching...
Russia’s Navalny tracked down to ‘Polar Wolf’ prison in the Arctic
MOSCOW — Jailed Russian opposition politician Alexei Navalny has been tracked down to a penal colony north of the Arctic Circle, his spokeswoman said...
PHL extends tariff cuts on imported rice, other food items to fight inflation
Philippine President Ferdinand R. Marcos, Jr. has approved the extension of reduced tariffs on rice and other food items until the end-2024 to keep...
PEZA sets sights on over P250B in investment approvals next year
The Philippine Economic Zone Authority (PEZA) aims for investment approvals of over P250 billion next year, its top official said on Friday.
"We really want...
Philippines records 22.4% poverty rate in first half
By Andrea C. Abestano Researcher
The Philippines' poverty rate for the first half of 2023 decreased to 22.4% from 23.7% in the same period of...
Upside inflation risks seen to linger
THE BANGKO SENTRAL ng Pilipinas (BSP) retained its 2-4% inflation target range through 2026, although risks to the outlook remain “strongly tilted to the...
IPOs likely to regain momentum next year
MARKET WATCHERS expect initial public offerings (IPOs) to regain momentum in 2024 once the Philippine central bank begins rate cuts.
PHL expected to import more rice due to El Niño
THE EL NIÑO weather event’s impact on agriculture production in the Philippines could lead to a surge in rice imports to account for the supply shortfall, the World Bank said.
Prime Energy plans $187M for Malampaya Phase 4 in 2024
PRIME Energy Resources Development B.V. announced on Thursday a plan to spend $187 million (around P10.4 billion) next year for the Malampaya Phase 4...
A guide to the Metro Manila Film Festival 2023
AN ACTION adventure film, a fantasy drama, a romance, a historical drama, two comedies, two horror thrillers, and two family dramas make the lineup...
SEC allows PSE to acquire more shares in PDS Group
THE Securities and Exchange Commission (SEC) has granted the application of the Philippine Stock Exchange, Inc. (PSE) for exemptive relief, allowing it to exceed...