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Peso underperformance likely to continue – MUFG
The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Vic Sotto on It s Showtime : Never naming sasabihing kaaway
Now that he is a "senior," as he said, Vic Sotto is choosing his peace over social media noise that comes with his job. .....»»
Cruz-Dumont expects UE Warriors to make noise next UAAP season
Filipino-Canadian guard Jack Cruz-Dumont says the UE Red Warriors have enough tools and chemistry to earn their first UAAP Final Four spot since 2009 .....»»
East Asia and Pacific to see moderate growth
The East Asia and the Pacific region is expected to have moderate growth this year amid headwinds from tight financial conditions and geopolitical rifts, according to a new report from the World Economic Forum......»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
Reissued T-bonds fetch higher rates
The reissuance of the government’s long-term securities fetched higher rates amid expectation of faster inflation in March that likely breached the target of the central bank......»»
‘Water, water nowhere’: Cebu City farmers reel from ‘worst El Niño’ yet
Photos by Christian Dave Cuizon CEBU CITY, Philippines – A typical, healthy cob of sweetcorn usually measures at least six inches. But the ones growing on the farmland of James Tumulak of Brgy. Sirao, Cebu City barely reached three. Worse, it hardly had any kernels left on them. Corns like these can no longer be.....»»
Kris emosyonal sa birthday message para kay Bimby: ‘I love you for eternity’
NGAYONG araw, April 19, ipinagdiriwang ang kaarawan ng bunsong anak ni Kris Aquino na si James Carlos Aquino Yap Jr. o mas kilala bilang si Bimby Aquino. Sa edad na 17 ay nasa anim na talampakan at isang pulgada (6 feet 1 inches) na ang taas ni Bimb at magkasingtangkad na sila ng Kuya Joshua.....»»
Ladon inches closer to Paris berth, Marvin also advances in Olympic boxing qualifier
Rogen Ladon advances to the third round, while John Marvin emerges triumphant in his opening bout as they both clinch stoppage wins in the World Qualification Tournament for the Paris Olympics.....»»
New Release: Apple Launches M3-Based MacBook Air 13 and 15 – 3nm CPU for Everyone.
Apple has recently unveiled its latest line-up of MacBook Air laptops, featuring the new M3 system-on-chip. The laptops are available in two sizes, 13.6 inches.....»»
Fencer Maxine Esteban closes in on Olympic slot, but not for PH team
Top Filipino fencer Maxine Esteban inches closer to qualifying for the Paris Games, but this time representing Ivory Coast, which she thanked for giving her a ‘shot to retake’ her dream to compete in the Olympics.....»»
Gaballo inches closer to challenging Moloney for WBO world title
CEBU CITY, Philippines — Former interim world champion Reymart “Assassin” Gaballo cemented his hold as the next challenger of World Boxing Organization (WBO) bantamweight champion Jason Moloney. To recall, Gaballo left the ring unblemished in his fight against Thai Phai Pharob last February 13 after knocking the latter out in just 32 seconds in the.....»»
Anchorage sets record for earliest arrival of 100 inches of snow
ANCHORAGE, Alaska — Even by Alaska standards, there is a lot of snow this winter. So much snow has fallen — so far, more than 8.7 feet (2.65 meters) — that roofs on commercial buildings are collapsing around Anchorage and officials are urging residents to break out their shovels to avoid a similar fate at.....»»
Australian lawmakers talk up security cooperation during Taiwan visit
A leading Australian opposition lawmaker visiting Taiwan this week has highlighted the importance of security cooperation between Taiwan and Australia.In a meeting with Taiwanese President Tsai Ing-wen Monday, Andrew Wallace, the deputy chair of Australia's Parliamentary Joint Committee on Intelligence and Security, said that in an ever-changing geopolitical landscape, security cooperation is 'paramount.'.....»»
Commendable acts of bravery to defend the Philippines’ national security
As the Indo-Pacific emerges as the primary theater for geopolitical activity, the region is confronted by asymmetric security challenges, particularly in the maritime domain......»»
Geopolitics, rate cut delays could spoil IPO rebound in 2024
Geopolitical tensions and interest rate cut delays could play the spoiler’s role in initial public offerings (IPO) staging a major comeback in the local bourse this year......»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»