A Philippine Air Force (PAF) aircrew covers his face due to the stench of the volcanic ash fall during the conduct of a rapid damage assessment and needs analysis in Negros Occidental on June 4, 2024 following the eruption of Mt. Kanlaon. (Photo by PAF) Residents in Western Visayas (Region …
Read More »Palace declares June 17 regular holiday to mark Eid’l Adha
In this July 2020 photo, Muslims practice social distancing at Salam Mosque in Salam Compound during their noon time prayer, a day ahead of Eid al-Adha. (The STAR / Michael Varcas, file) MANILA, Philippines — President Ferdinand Marcos Jr. has declared June 17, Wednesday as a regular holiday throughout the …
Read More »BSP may still start cutting ahead of Fed
THE Bangko Sentral ng Pilipinas (BSP) could still start easing policy ahead of the US Federal Reserve (Fed) but will not aggressively reduce key rates given current economic growth. “The Fed might cut in July. There’s an analysis for July. So, they could go first, or we could,” BSP Governor …
Read More »PH expected to miss income status target
Photo from PCO THE Philippines will likely miss its goal of attaining upper middle income status in 2025, a World Bank economist said, instead achieving this two or three years later. “The Philippines has been close to the threshold of becoming an upper-middle-income country, already pre-pandemic, but then the growth …
Read More »Rice tariffs slashed to 15%
RICE tariffs have been slashed and reduced rates for other key commodities have been extended up to 2028 in a bid to lower prices and control inflation. The National Economic and Development Authority (NEDA) on Tuesday said that its governing board had approved a new comprehensive tariff program “to ensure …
Read More »India’s Modi sees hopes of a larger majority dashed by surging opposition in election
Indian Prime Minister Narendra Modi looked poised to secure a rare third term and declared victory on Tuesday evening, calling it “a historical feat in India’s history” — even though his party appeared likely to lose a significant number of seats, falling shy of an outright majority. PM claims ‘historical’ …
Read More »Boeing, NASA hoping third time’s the charm to launch new Starliner spacecraft with astronauts
Today, Boeing, NASA and United Launch Alliance hope to finally have a successful crewed launch of Boeing’s new CST-100 Starliner spacecraft after two attempts were scrubbed. Astronauts Suni Williams and Butch Wilmore will be heading to the International Space Station. Today, Boeing, NASA and United Launch Alliance (ULA) hope to …
Read More »Canada’s failure to block forced-labour imports draws U.S. scrutiny
Canada made a promise to block imports of products made by forced labour under the new North American trade agreement. Its enforcement level so far? Zero. This is drawing scrutiny south of the border where a U.S. senator is proposing a solution. The countries made a deal. Canada isn’t complying, …
Read More »B.C. project aims to reduce kidney rejection
The rapid sequencing technology is being tested in B.C. to refine the degree of achievable genetic compatibility between patients and donors while six other labs in the country are joining that effort, an expert says. About half of all transplants fail over time due to rejection, says the project’s leader. …
Read More »Foreign streamers must pay into fund to boost Canadian content, CRTC says
Online streaming services operating in Canada will be required to contribute 5 per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday. Money will be used to boost funding for local, Indigenous broadcasting, per briefing. Online streaming services operating in Canada …
Read More »