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A peso depreciation to record-low 59:$1 “looks likely” as the currency continued to be overpowered by a rallying dollar, although a deeper fall beyond that level is unlikely as the Bangko Sentral ng Pilipinas (BSP) stands ready…
MANILA, Philippines — Another batch of employees has been retrenched by the Lopez family-led ABS-CBN Corp., which has yet to erase its balance sheet losses. This move from the media group came amid financial struggles due to…
MANILA, Philippines — More than P1 a kilogram or nearly P13 per 11-kg cylinder has been rolled back by oil companies from the price of cooking gas effective May 1, 2024. This was after they reduced pump…
MANILA, Philippines — A teachers group said on Tuesday, April 9, that reverting to the old school calendar can be done as soon as possible with certain sacrifices. The immediate return to the old academic calendar, in…
MANILA, Philippines — Petron Corp. slashed the price of its liquefied petroleum gas product after implementing increases for three consecutive months this year. In its advisory, Petron said its LPG price was cut by P1 per kilogram…
SINGAPORE— Taylor Swift: This is the only reason Filipina Charlyn Suizo is in Singapore this week. Flying in from Manila on Friday was Suizo, a 30-year-old software engineer who also heads a Philippine group of swifties, as…
MANILA — The 180 Chinese nationals, who were among the nearly 600 people found inside a Manila compound, raided in October by Philippine authorities for suspected sex-trafficking and online scam operation were deported on Thursday. During the…
MANILA, Philippines — The House of Representatives has no confidential and intelligence funds (CIF) in its budgets for this year and in 2024 and all appropriations given to the chamber are subject to regular accounting and auditing…
MANILA, Philippines — Sen. Francis Escudero on Saturday called on the government to refrain from imposing more taxes that will deal a heavy blow to poor Filipinos, and instead be open to collecting more taxes from the…
MANILA, Philippines — What was once a line from President Ferdinand Marcos Jr.’s 2022 election campaign ditty, “Bagong Pilipinas” (New Philippines) is now his administration’s governance theme or slogan, and it comes with what could be the…
ILOILO CITY, Philippines — The number of tourists who visited Boracay Island has reached over a million since the start of 2023, buoying hope that visitors will exceed the 1.8 million target of Malay town in Aklan…
LEGAZPI CITY, Albay, Philippines — Aside from the evacuation of residents, the movement of farm animals to safer ground has also started in villages within the danger zone of the restive Mayon Volcano. Godofredo dela Rosa, 63,…
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