Job shedding weighs on PH factory activity

PHILIPPINE manufacturers struggled with workforce challenges but industry conditions remained positive in May as output and demand kept growing, S&P Global Market Intelligence said on Monday. The country’s Purchasing Managers Index slipped to 51.9, slightly down from 52.2 in April, but remained above the 50.0 mark for a ninth straight …

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Biden’s play

“With a presidential election on the horizon, Biden faces significant domestic pressure to demonstrate leadership and resolve in ending international conflicts. The ongoing conflict in Gaza has entered a critical juncture as mediators from Qatar, Egypt, and the United States have urged Israel and Hamas to finalize a truce deal. …

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PBBM’s Brunei, Singapore visits deepen ties with ASEAN neighbors

President Ferdinand R. Marcos’ Jr.’s back-to-back visits to Brunei Darussalam and Singapore have produced beneficial outcomes. As it is the 40th year of Philippines-Brunei diplomatic relations, it was an opportune time for the President to engage His Majesty Sultan Haji Hassanal Bolkiah in a comprehensive dialogue covering defense and security, …

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China warns SCS restraint has limits

Lashes out at ‘premeditated provocations’ Singapore, Singapore—China’s defense minister warned Sunday of “limits” to Beijing’s idea of restraint on the South China Sea and over the deployment of ballistic missiles in the Asia-Pacific region. Dong’s remarks at a security forum in Singapore were a clear reference to the Philippines and …

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DOF to sell government’s share in SLEX

The Department of Finance (DOF) is considering selling the government’s stake in the South Luzon Expressway (SLEX) by the end of this year. Finance Undersecretary Catherine L. Fong told Manila Bulletin that the government’s ownership in SLEX is included among the assets slated for privatization in 2024. The government currently holds a …

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Roque, co-accused summoned to reply to cyberlibel raps

Harry Roque  The Quezon City Prosecutor’s Office has subpoenaed former presidential spokesperson Harry Roque and vlogger Byron Cristobal a.k.a Banat By through former Senator Antonio Trillanes IV’s libel and cyber libel complaint filed against the two in May. To determine probable cause, prosecutors have begun conducting preliminary investigations to prove …

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