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China maintains defence budget growth despite economic travails
Hong Kong, March 12 (ANI): At the 14th National People's Congress, China announced its defence budget for 2024 and interestingly maintained the growth rate of its military expenditure at precisely the same percentage as last year, as Chairman Xi Jinping continues to prioritize the People's Liberation Army (PLA) at the expense of other sectors of government funding. Indeed, according to figures released on the opening day.....»»
Dollar strength, Asian challenges
Recent robust US economic data (nonfarm payrolls, January CPI figures) have dashed hopes for a March rate cut by the Fed......»»
‘Unselfish’ Meralco nails maiden win in Philippine Cup
Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»
Google CEO Admits AI Model ‘Biased’
Google Chief Executive Officer Sundar Pichai acknowledged that the company’s artificial intelligence (AI) model, Gemini, generated biased content, including images depicting historical figures from diverse ethnicities and genders. This comes as he addressed the issues in an internal memo, stating that such outputs are “unacceptable” and that the company is actively working on improvements. “I […].....»»
Investors reconsider May rate cut expectations amid robust US inflation figures
Title: “Exclusive Offer: Subscribe to the FT Print Edition for Only $199 and Gain Access to Unparalleled Expertise” In today’s fast-paced digital age, where news.....»»
Biting back: NU refocuses on UAAP title redemption after Season 85 setback
UAAP Season 84 champion and Season 85 runner-up NU figures to still be a top contender as the new season approaches, with its holdover stars refocused and hungry for redemption.....»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
OFWs pillar of Philippine economy – MVP
Modern-day heroes, figures of resilience – these are just some of the ways to describe what Filipinos living overseas mean to the Philippines......»»
Philippine landslide death toll almost doubles to 27: official
The death toll from a landslide that hit a gold-mining village in the southern Philippines nearly doubled to 27 on Friday, officials said, as rescuers retrieved more bodies from the mud. The number of people missing from Tuesday's landslide in Masara in the mountainous province of Davao de Oro on Mindanao island fell to 89 from more than 100, while the number of injured rose to 32, the latest figures from.....»»
Biz Bureau surpasses 43-K permit renewals
The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»
VP Sara ready to face ICC charges only before a Filipino court
Vice President Sara Duterte expressed her readiness to confront any allegations against her but insisted that she would only do so in front of a Filipino judge and within the jurisdiction of a Filipino court. In a statement on her Facebook page, she emphasized her refusal to participate in any process that could tarnish the reputation and integrity of the Philippine judiciary system. Duterte adamantly opposed the involvement of foreign entities in the country's legal affairs, citing it as a dishonor to the sacrifices made by Filipino heroes for the nation's freedom. Duterte, who previously served as vice mayor and mayor of Davao City, vehemently denied any involvement in the Davao Death Squad during her terms in office. She expressed dismay over the sudden appearance of a witness against her in the International Criminal Court (ICC) after assuming the vice presidency. Duterte dismissed the accusations and questioned the motives behind the allegations, asserting her capability to accomplish tasks without resorting to unlawful means. In a related development, President Ferdinand Marcos Jr. voiced his refusal to acknowledge the ICC's jurisdiction in the Philippines, considering it a threat to the country's sovereignty. He issued a directive for all government agencies to refrain from cooperating with the ICC, emphasizing the nation's non-recognition of the court's authority. Former senator Antonio Trillanes IV claimed that ICC investigators had gathered substantial evidence against former President Rodrigo Duterte regarding his administration's war on drugs. He anticipated an imminent issuance of an arrest warrant against the former president. Former President Rodrigo Duterte condemned the ICC's decision to initiate a preliminary investigation into the war on drugs, labeling it an insult to the Philippines and challenging the court's jurisdiction within the country. During his presidency, he initiated the withdrawal of the Philippines' membership from the Rome Statute, the treaty that established the ICC. The ICC appeals chamber recently granted a request to resume the investigation into alleged crimes against humanity related to the Philippines' controversial drug campaign, spanning from November 2011 to March 2019. The developments surrounding the ICC's probe into the Philippines' internal affairs have sparked a contentious debate, with key political figures and rights groups expressing divergent views on the matter. The ongoing tensions between the Philippines and the ICC underscore the complex intersection of international law, national sovereignty, and human rights issues......»»
PMA graduates taking a stand on hot issues
Politics hates a vacuum. Most Opposition figures have sold out to the Administration supermajority. Bishops who once chided official excesses have quieted down. A new force is filling the void – the Cavaliers......»»
Jericho Rosales working on comeback show, unnamed Star Cinema movie
Six years after his last TV role in the hit 2018 show "Halik" opposite Yam Concepcion and Yen Santos, Jericho Rosales is set to appear in another show this year......»»
Mandaue to host 7th International Cat Show 2024
CONSOLACION, Cebu – Mandaue City is set to host the 7th International Cat Show 2024 for the second time, supported by the World Cat Federation (WCF) and the Society of Feline Enthusiasts of the Philippines (SFEPI) with the Island Rescue Organization (IRO) as the beneficiary. This two-day cat show will be held on April 13-14.....»»
Why Laufey is selling out her every show
Who is Laufey and why is she selling out her every show? The question I have been getting a lot these days is “do you know Laufey?” Then, it is followed by “Do you know how I can get tickets to her show?” because tickets online to Laufey are already sold out......»»
Haute summer: Store openings, pop-up stores solidify Manila’s claim as fashion capital
Here are some updates on new fashion store openings in town that further stake Manila’s claim as a budding global fashion capital, as the “world’s richest man in fashion” Bernard Arnault, Chairman and Chief Executive Officer of Louis Vuitton Moet Hennessy (LVMH), believed Manila would be......»»
3 dead, 17 injured in multi-vehicle crash in Philippine capital
MANILA, April 30 (Xinhua) -- A speeding bus crashed into several vehicles along a busy highway in the Philippine capital on Monday night, killing three and injuring 17 others, police said on Tuesday. According to the police, the multi-vehicle accident happened around 9 p.m. local time and involved a bus, a passenger van, a taxi, and five motorcycles. Initial investigation showed that the bus first rammed.....»»
2 dead, 9 injured in Philippine capital fire
MANILA, April 22 (Xinhua) -- Two people died and nine were injured in a fire that gutted a residential area in the Philippine capital on Monday afternoon, the Bureau of Fire Protection said. The bureau said the fire, which broke out around 12:45 p.m. local time, took the lives of two female residents. The bureau added that five residents were injured, including a 60-year-old male and a 55-year-old female.....»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
SEC, UP Law Center partner to boost capital market
The Securities and Exchange Commission has joined forces with the University of the Philippines Law Center to boost the capital market......»»