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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PEMC, PERPI team up to improve electricity market operations

The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.

BPI calls for unified action vs cyber threats at 2026 CyberProtect conference

Amid more complex and linked online risks, the Bank of the Philippine Islands (BPI) has urged all sectors to work together to boost defenses against digital fraud. The call was made during its CyberProtect Conference held July 30 at Fairmont Makati with the theme “Defend as One: Building a United Front Towards Consumer Protection.”

DOE forms joint task force to lower electricity charges and remove extra charges

The Department of Energy (DOE) has established a new Joint Task Force alongside the Energy Regulatory Commission, the National Electrification Administration, and electric cooperatives to help remove system loss charges and related value-added tax from power bills. Energy Secretary Sharon Garin emphasized the administration's stance that consumers should only pay for the electricity they actually consume, rather than bearing the cost of losses they did not cause.

BPI simplifies account opening with national ID integration

The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

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