File photo shows passengers waiting in line at the immigration area as the Ninoy Aquino International Airport Terminal 3 services more international flight departures and arrivals. (The STAR / Rudy Santos) MANILA, Philippines — The Bureau of Immigration (BI) rescued a suspected victim of a mail-order bride syndicate, targeting Filipinas …
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GSIS unveils ‘improved’ financial benefits for members, pensioners
The Government Service Insurance System (GSIS) has improved its financial benefits for its members and pensioners, propelled by robust financial growth last year. Wick Veloso, GSIS president and general manager, said the pension fund is giving back the financial success to its members and pensioners through enhancements and the implementation …
Read More »Baltimore bridge collapse sparks concerns over Philippine import price surge
The collapse of a major bridge in Baltimore, United States may lead to an increase in import prices for the Philippines, an economist warned. Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said that the port congestion triggered by the bridge collapse in the US could disrupt global …
Read More »18 Filipino seafarers released
IRAN has released all 18 Filipino seafarers held aboard the MV St. Nikolas that was seized in the Gulf of Oman in January after the manning agency that hired them was able to deploy their replacements, the Department of Foreign Affairs (DFA) said. The DFA on Wednesday said the Filipino …
Read More »Chinese SCS moves destabilizing – Australia
AUSTRALIA on Wednesday criticized “destabilizing and coercive” actions in the South China Sea (SCS), including unsafe encounters at sea and in the air and the militarization of disputed features. Canberra said the pattern of “deeply concerning behavior” by China in the SCS “endangers the peace and security of the region, …
Read More »Marcos: Philippines won’t be ‘cowed into silence, submission’ by China
The President of the Philippines Ferdinand “Bongbong” Marcos and the German Chancellor (not in picture) address a joint press conference at the Chancellery in Berlin, on March 12, 2024. (AFP / Tobias Schwarz) MANILA, Philippines — President Ferdinand Marcos Jr. said on Thursday the Philippines will not be bullied into …
Read More »Carpio: Duterte exceeded authority in ‘gentleman’s agreement’
Former Associate Justice Antonio Carpio (PNA file photo) MANILA – Retired Supreme Court Associate Justice Antonio Carpio on Thursday said former President Rodrigo Duterte acted beyond his authority and surrendered the country’s rights if he did indeed enter into a “gentleman’s agreement’ with China not to maintain BRP Sierra Madre, the Philippine …
Read More »Roque: Xi, Duterte agreed to keep West Philippines Sea status quo
In this November 2017 photo, President Rodrigo Duterte meets with Chinese President Xi Jinping at the sidelines of the APEC Summit in Vietnam./Presidential Photo MANILA, Philippines — The Philippines under former president Rodrigo Duterte had a “gentleman’s agreement” with China to keep the status quo in the West Philippine Sea, …
Read More »House prices up 6.5% in Q4 2023 — BSP
Residential real estate prices across all types of housing units increased by 6.5 percent year-on-year in the fourth quarter of 2023, according to the latest Residential Real Estate Price Index (RREPI) of the Bangko Sentral ng Pilipinas (BSP). The fourth quarter 2023 house prices however was lower than the 12.9 …
Read More »Philippine growth to continue ahead of regional peers — S&P Global
S&P Global Ratings slightly revised its 2024 economic growth forecast for the Philippines to 5.9 percent from its earlier estimate of six percent, on continuing headwinds from last year’s high inflation and low investments, but said the country will perform relatively well versus regional peers. For 2025, the credit rating …
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