North Korea’s Kim Yo Jong says South’s hopes for better relations are an illusion
SEOUL — North Korea's Kim Yo Jong, the sister of leader Kim Jong Un, said on Tuesday South Korea's hope for an improvement in relations...
Takaichi and Lee end first day of summit on a high note with drum...
TOKYO — Japanese Prime Minster Sanae Takaichi and South Korean President Lee Jae Myung rounded off their summit meeting on Tuesday with an unexpected jam...
Philippine FDI net inflows plunge nearly 40% in October
NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged nearly 40% year on year in October, as foreigners’ net investments in debt instruments slumped.
Philippines inks FTA with UAE
THE PHILIPPINES and the United Arab Emirates (UAE) signed on Tuesday a landmark free trade agreement (FTA) which is expected to boost Philippine exports...
Philippines targets 4.3% of GDP for infrastructure spending this year
THE DEPARTMENT of Budget and Management (DBM) cut its infrastructure spending target to 4.3% of gross domestic product (GDP) this year from 5.1% previously, as a corruption scandal weighed on government spending and economic growth last year.
Solar Philippines faces P24-B penalties over terminated RE contracts
SOLAR PHILIPPINES Power Project Holdings, Inc. is facing P24 billion in fines for its failure to deliver nearly 12,000 megawatts (MW) of renewable energy...
Listed airlines seen posting mixed results in 2026
LISTED Philippine airline companies are likely to show uneven performance in 2026, buoyed by resilient travel demand and fleet expansion, but constrained by high costs and external risks, analysts said.
GSIS studies PSE proposal to revive stock investment loans
THE Government Service Insurance System (GSIS) said it is studying the Philippine Stock Exchange’s (PSE) proposal for state-run pension funds to revive stock investment...
PCC clears NTT UD Asia stake in Cebu Landmasters’ Luzon arm
THE PHILIPPINE Competition Commission (PCC) has cleared Singapore-based real estate firm NTT UD Asia Pte. Ltd. to acquire a 40% stake in Cebu Landmasters,...
SEC broadens eAMEND portal coverage
THE Securities and Exchange Commission (SEC) has issued a memorandum expanding the scope of corporate amendments that can be filed through its eAMEND portal...
Treasury fully awards reissued 7-year bonds at lower yields
THE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Tuesday at lower rates as high liquidity drove demand...
Excellence in orchestral music
TO CELEBRATE its 100th year, the Manila Symphony Orchestra (MSO) will be mounting concerts that include collaborations with world-class musicians.