The Philippines is positioning itself for a larger role in the US’ critical minerals supply chain, with fresh details expected as both sides prepare for a bilateral strategic dialogue next week, Philippine Ambassador to the US Jose Manuel Romualdez said.
Global markets are bracing for turbulence after the US weekend strike in Venezuela, which resulted in the capture of President Nicolas Maduro and signals a temporary US administration of the country. Analysts warn the move could ripple across energy markets, with implications for the Philippine economy.
Philippine exports to the US—supercharged for months by aggressive front-loading—are expected to return to more typical levels soon as tariff pressures ease and the trade environment settles, according to Export Marketing Bureau Director Bianca Sykimte.
Shares of Apple Inc. surged to a record high on Monday, driven by strong early demand for its newly released iPhone 17 across key markets in China and the US.
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.
House prosecutors and private lawyers handling the impeachment case against Vice President Sara Duterte attended a "Mass for Truth, Justice and Accountability" at the Cubao Cathedral on Thursday, days before the Senate convenes as an impeachment court on July 6. Lead prosecutor and House Justice Committee Chair Gerville Luistro said the prosecution is fully prepared for trial. Private prosecutor Lorna Kapunan said the prosecution has lined up 57 witnesses, compared with more than 20 for the defense. Following the impeachment court's pre-trial order, prosecutors will first present the article involving Duterte's alleged threats against President Ferdinand R. Marcos Jr., First Lady Liza Araneta-Marcos and former Speaker Martin Romualdez. The VP is the only official to be impeached twice; her trial last year was stopped by the Supreme Court.
The National Power Corp. (NPC) has signed an agreement with the Sitangkai local government in Tawi-Tawi to supply solar power to remote island communities near the Malaysian border.