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Makati 2022 tax take up 16% to P21B

The local government of Makati on Tuesday reported exceeding its 2022 revenue target by 16 percent during the year to P20.9-billion.  Makati Mayor Abby Binay...

11-month remittances total only $32.6B thus far

The remittances of overseas Filipinos have risen 3.4 percent higher in the first 11 months this year to $32.6 billion, the Bangko Sentral ng...

Philippines on track towards meeting forecast 7.2% growth in 2022 – World Bank

The Philippines is on track towards achieving growth in 2022 averaging 7.2 percent in terms of the gross domestic product, the World Bank said in the January 2023 iteration of its Global Economic Prospects report.

Global trade growth seen decelerating further this year

Governments in emerging-market and developing economies (EMDEs) need to forge stronger cooperation to increase cross-border trade as global trade growth is seen to decelerate...

Second-order inflation fears grip Bangko Sentral ng Pilipinas the most

Of all the threats to the stability of the price of services and goods in the economy, nothing grips the regulator, the Bangko Sentral...

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China narrative on Batanes sparks fresh alarm

Chinese scholars' assertions over Batanes are fueling fresh concerns that Beijing may be laying the groundwork for future territorial claims, even without making an official declaration. SeaLight director Ray Powell said the narrative coincides with China Coast Guard patrols that have pushed east of Taiwan and into the Philippine Sea since June 1, expanding operations beyond the disputed West Philippine Sea and the first island chain. He warned that Batanes and the Bashi Channel hold strategic value in any Taiwan contingency. Former Surigao del Norte representative Robert “Ace” Barbers described the development as a “creeping invasion” and urged Filipinos not to amplify Beijing’s messaging.

Japanese envoy marks 10th anniversary of South China Sea ruling

Japanese Ambassador Endo Kazuya joined diplomats, government officials, and maritime experts yesterday to mark a decade since a landmark legal ruling on the South China Sea. Ambassador Endo attended the special symposium on July 10, which was hosted by the Stratbase ADR Institute for Strategic and International Studies. The event allowed leaders and analysts to discuss the current state of regional waters exactly ten years after an international tribunal issued its decision in the case between the Philippines and China.

Hidilyn’s golden legacy lifts Philippine teenage weightlifting stars

When Hidilyn Diaz won the Philippines' first Olympic gold medal in Tokyo in 2021, most of the country's newest weightlifting sensations were still in grade school, some not even teenagers. Five years later, they are no longer just watching their hero. They are following her footsteps, one lift at a time.

Manila Water deploys contingency assets to boost East Zone water security

Manila Water is strengthening water supply reliability across its...

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