Tag: China

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US markets fall as Trump spurs trade spat with China 

US stock markets retreated Friday after President Donald Trump reignited trade tensions with China, threatening via social media to impose a 100 percent tariff on Chinese products starting in November.

Philippines blanks China, 14-0, in World Games floorball match

The Philippine men’s floorball team didn’t just salvage seventh place—they lit up Chengdu like a Roman candle, bulldozing host China in a 14-0 beatdown...

Philippine visitor arrivals dip slightly in early 2025

Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed. 

International visitors decline in 1Q, drop led by SK, China

International visitor arrivals in the Philippines declined by 0.5 percent in the first quarter, reaching 1.65 million, according to data from the Department of Tourism. This drop was partially offset by a sharp increase in arrivals of overseas Filipinos.

Trump signs aggressive tariff policy, escalates trade war

US President Donald Trump signed an aggressive "Reciprocal Tariff" policy on Wednesday, escalating tensions and increasing the likelihood of a trade war that could slow global economic growth.

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Ombudsman to indict Senator Jinggoy Estrada for plunder

The Office of the Ombudsman on Thursday said it found “probable cause to indict” Senator Jinggoy Estrada, former Public Works Secretary Emmanuel Bonoan, and several DPWH engineers before the Sandiganbayan for plunder and graft over alleged illegal insertions in the DPWH’s 2025 infrastructure budget in exchange for kickbacks. Investigators said P573 million in illicit payouts was systematically funneled to Estrada, backed by what the Ombudsman described as “solid, immovable evidence” and testimony from state witnesses. Should the Sandiganbayan affirm probable cause, prosecutors will seek immediate arrest, deny bail, and request travel restrictions. The Ombudsman said other similar indictments involving flood-control projects will be pursued.

Filipinos Turn to Solar as Power Costs Surge

Interest in solar energy is accelerating across the Philippines as households grapple with rising electricity prices and an increasingly unreliable power grid, according to a new nationwide survey.

Oishi maker increasing investment on PH coconuts

Liwayway Holdings Co., Ltd., the group behind the popular Oishi snack brand, is deepening its investment in the Philippines with plans to establish a coconut processing hub aimed at supplying China’s rapidly expanding demand for coconut-based products.

ofi, WNC Capital form joint venture for new Bulacan food plant

Global food and beverage ingredients leader ofi has partnered with WNC Capital Holdings Inc., parent firm of Wills International Sales Corp. to launch a new joint venture called ofi Philippines Blends.

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