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2 PH warships hold maneuver exercises in Ayungin Shoal

TWO modern warships of the Philippine Navy have conducted maneuver exercises near Philippine-occupied Ayungin Shoal in an apparent attempt to drive away dozens of Chinese vessels attempting to intrude and gain control over the shoal. The Western Command-based Puerto Princesa reported that the BRP Antonio Luna, a Jose Rizal-class guided …

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Marcos: PH should be less dependent on imports

President Ferdinand Marcos Jr. on Wednesday said the biggest lesson the Philippines learned from the COVID-19 pandemic was to be less dependent on imports. During the 10th Asian Summit in Singapore, President Marcos said the Philippines, with a 96 percent employment rate, has rebounded fairly well from the pandemic. “We …

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Remittances total $18.8 B end-July

Cash remittances sent through the banking system At a Glance Bank-transferred cash remittances sent by Overseas Filipinos totaled $18.785 billion as of end-July, up 2.9% year-on-year. The Bangko Sentral ng Pilipinas (BSP) also reported that personal remittances, which are not captured by the banking networks, totaled $20.911 billion, also up …

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Imee: No takers for Agri post

Senator also hits NFA for not spending budget to buy more palay President Ferdinand Marcos Jr. has been actively looking for an agriculture secretary, but there seems to be no takers, Senator Imee Marcos said on Thursday. “He is fully aware [of the situation]. And I think he’s been looking …

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Sara, Risa continue to trade broadsides

THE word war between Sen. Ana Theresia “Risa” Hontiveros and Vice President and Education Secretary Sara Duterte over Duterte’s confidential funds (CFs) is far from over. On Thursday, Hontiveros issued a “strongly worded” video addressed to Duterte in response to the latter’s tirade against her for demanding transparency on how …

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Marcos eyes Singaporean investments in renewable energy

At a Glance Marcos told foreign investors can now enjoy 100 percent equity in the exploration, development, and utilization of solar, wind, hydro, and ocean or tidal energy resources. President Marcos has invited Singaporean businesses to consider the Philippines as an investment hub for renewable energy (RE) as he bared …

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