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President Marcos hopes Congress passes nuclear investments bill
President Marcos expressed hope that Congress would pass bills allowing US nuclear firm Ultra Safe Nuclear Corp. (USNC) to undertake its project in the Philippines as the government continues to explore ways to ensure access to clean and affordable energy sources......»»
Cebu City declares state of calamity in 28 mountain barangays due to el Niño
CEBU CITY, Philippines – In response to the escalating effects of the ongoing El Niño phenomenon, Cebu City has declared a “state of calamity” in 28 mountain barangays. This decision comes after a resolution was passed with reports of dwindling water sources and agricultural distress, prompting urgent measures to assist affected communities in the city. .....»»
GTA 6s release may slip to 2026 as development has reportedly fallen behind – The Daily Guardia
The much-anticipated release of GTA 6 is reportedly facing delays, raising concerns among fans and developers alike. According to sources, the development of the game.....»»
PlayStation 5 Pro CPU to Boost to 3.85 GHz With High CPU Frequency Mode and Utilize RDNA 4’s RT Engine
The highly anticipated PlayStation 5 Pro is generating buzz among gamers as new details about its specs have been revealed online. According to sources, the.....»»
Fuel price cut expected this week
Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»
EastWest Bank profit hits P6.1 billion
Gotianun-led EastWest Banking Corp. saw its net income jump by 32 percent to P6.1 billion in 2023 from P4.6 billion in 2022 on the back of double-digit growth in loan portfolio and stable funding sources......»»
Metrobank eyes return to offshore debt market
Metropolitan Bank & Trust Co. is returning to the offshore debt market to raise at least $500 million to diversify the bank’s funding sources and support its operations......»»
Sky-high debt a major factor in aborted cable TV merger
It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»
Global manufacturers support expansion of Philippines industrial sector
The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»
Influence ops target journalists, expert as China vessels patrol West Philippine Sea
Filipino reporters and a known maritime expert received a barrage of messages from unidentifiable sources in 2023 that attempted to divert public attention away from Chinese vessels’ actions in the West Philippine Sea to Vietnam’s supposed “militarization” there. .....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
A jewel for investors
The province of Batangas is shaping up to be one of the major economic centers in the Philippines, allowing the country to diversify its sources of growth in addition to the National Capital Region......»»
Air fares to go up as peso weakens
Low-cost carrier Cebu Pacific expects the cost of air travel to go up if the peso keeps on depreciating, as the airline sources its jet fuel abroad, making it prone to foreign exchange fluctuations......»»
China plans to float nuclear reactors in disputed South China Sea, analysts see it risky for environment
Washington, DC [US], May 17 (ANI): The US military warned that China is moving forward with developing floating nuclear reactors in the South China Sea to hold up its claim to the disputed maritime territory, a development, which analysts have stressed would pose risks to the environment, reported Voice of America (VOA). According to analysts, the plan to build ships with mobile nuclear power sources would raise tensions.....»»
Debt-to-GDP ratio remains above int’l threshold at 60.2%
The country’s outstanding debt as a share to the overall economy slightly eased in the first quarter, but remained above the internationally accepted threshold, with the government urged to be on a serious lookout for more revenue sources......»»
EDITORIAL - 40 million without safe water
With a population estimated at 118 million as of January this year, it is disheartening to learn that 40 million Filipinos still lack access to freshwater sources......»»
Norway to support Filipino law enforcers in rescuing child sex abuse victims
The Norwegian government has committed to helping train Philippine law enforcers to more effectively identify potential child sex abuse victims by teaching them to access available sources of information on perpetrators overseas. .....»»
Fuel price rollback expected this week
MANILA, Philippines — Good news awaits motorists following successive price increases in gasoline as oil companies are tipped to slash local fuel prices by less than a peso this coming week, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel should go down by 30 centavos to 40.....»»
India delivers BrahMos supersonic cruise missiles to Philippines
Manila [Philippines], April 19 (ANI): India delivered the BrahMos supersonic cruise missiles to the Philippines on Friday, as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force sent its American origin C-17 Globemaster transport aircraft with the missiles to the Philippines to deliver the weapon system to the Philippines' Marine Corps, according to the defence sources. The export o.....»»