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Dela Rosa considers war with China but admits: ‘Hindi naman natin kaya’
MANILA, Philippines — Senator Ronald “Bato” Dela Rosa is already fed up with China’s persistent harassments in the West Philippine Sea, prompting thoughts of engaging in war with Beijing. But he knows, war is not an option. “Naubos na ang sasabihin ko dapat dyan. Short of declaring war na tayo dyan against sa kanila e,.....»»
Philippines external trade drops 2.1 pct in January
MANILA, March 12 (Xinhua) -- The Philippines' total external trade in goods declined 2.1 percent year-on-year in January to 16.09 billion U.S. dollars, the Philippine Statistics Authority (PSA) said on Tuesday. Of the total external trade in January, 63.1 percent were imported goods, while the rest were exported goods, the agency said. The PSA said trade deficit in January amounted to 4.22 billion dollars.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
Central Visayas inflation drops to 2.5%
Central Visayas inflation drops to 2.5%.....»»
Philippines inflation rate slows to 2.8 pct in January
MANILA, Feb. 6 (Xinhua) -- Year-on-year inflation in the Philippines further eased to 2.8 percent in January from 3.9 percent in December 2023, the Philippine Statistics Authority (PSA) said on Tuesday. PSA head Dennis Mapa told a press conference that the January inflation rate is the lowest since the 2.3 percent inflation rate was recorded in October 2020. In January 2023, inflation rate was 8.7 percent.....»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
‘High-level’ US trade mission to arrive in PH next week
MANILA, Philippines — The Department of Trade and Industry announced that a “high-level” US trade delegation is arriving next week to enhance “commercially meaningful partnerships.” According to DTI Foreign Trade Service Officer Jollan Llaneza, the delegation, led by US Commerce Secretary Gina Raimondo, will meet with President Ferdinand Marcos Jr. and Trade Secretary Alfredo Pascual......»»
Trade Minister heads to Abu Dhabi for key WTO negotiations
Trade Minister Todd McClay travels to Abu Dhabi in the United Arab Emirates for the 13th Ministerial Conference of the World Trade Organisation (WTO) today, to take up his role as Vice Chair of the negotiations.The Ministerial Conference is the highest decision-making body within the WTO and meets every two years. Trade ministers will negotiate the reform of agriculture trade rules, E-commerce, fisheries subsidi.....»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
China urges ROK to stay prudent on South China Sea issue: Chinese FM
BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»
‘Project UNLOCKED’ empowers teens overcome fears post-pandemic
‘Project UNLOCKED’ empowers teens overcome fears post-pandemic.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Tejero Creek water turns white, sparks fears among residents
Tejero Creek water turns white, sparks fears among residents.....»»
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal
Lebanon s displaced celebrate Ramadan amid fears that border conflict might become the new normal.....»»
A UN agency says it can t deliver aid to northern Gaza because of chaos, and famine fears are rising
A UN agency says it can t deliver aid to northern Gaza because of chaos, and famine fears are rising.....»»
FACES OF CEBU: Jay-R Panuncialman, 23, Sinulog Idol 2024 champion
CEBU CITY, Philippines — Conquering our fears requires an immense amount of courage. But once you conquer your fears, it opens up windows of opportunities. Proof of this is John Ryan “Jay-R” Panuncialman. Panuncialman was hailed champion of the Sinulog singing competition, Sinulog Idol, last Jan. 18 held at the Fuente Osmeña Circle in Cebu.....»»
Philippine sports body allays fears of Olympic, Asiad, SEA Games ban
Fears of a potential ban from participating in the Olympics, Asian and Southeast Asian Games were quashed by the Philippine Sports Commission, saying it has adhered to what were required by the World Anti-Doping Agency and close to completing everything it was asked for......»»
CHR fears PUVMP may jeopardize right to sustainable livelihood
While the Commission on Human Rights (CHR) recognizes the government's decision to make public utility vehicles safer and more-eco friendly, the agency fears that it might do more harm than good......»»