Online gambling boom sparks calls for ban in Philippines
Women, children and poor among victimsLawmakers propose restrictions or total banChurch lambastes ‘moral and social crisis’MANILA (Thomson Reuters Foundation) — Before helping fellow gamblers...
Supreme Court throws out impeachment complaint against VP Duterte
Supreme Court rules impeachment complaint unconstitutionalDuterte has maintained impeachment was politically motivatedDuterte not absolved of charges, court saysMANILA (Updated 5:49 p.m.) — Vice President...
Supreme Court voids impeachment complaint against VP Duterte
MANILA —Vice President Sara Duterte scored a major legal victory on Friday after the Supreme Court struck down an impeachment complaint against her, ruling...
Philippines’ rising renewables use could push power prices 24% lower by 2029, market operator...
SINGAPORE — Increasing adoption of renewable energy in the Philippines could push average annual spot power prices as much as 24% lower by 2029, its...
Philippines’ budget deficit at P241.6 billion in June
MANILA — The Philippine government posted a budget deficit PHBUD=ECI of P241.6 billion ($4.27 billion) in June, the Bureau of the Treasury said on Thursday.It brought the year-to-date...
Cardinal Ambo urges ‘corruption control,’ not just flood control
A Catholic cardinal on Thursday blamed government corruption in infrastructure projects for the severe flooding that has inundated parts of Metro Manila, particularly...
Caritas Philippines appeals for aid as flooding displaces thousands
The Catholic bishops’ social action arm is appealing for aid to help families and communities affected by flooding caused by continuous rains.Caritas Philippines...
Calumpit mayor defends ‘E-Ayuda’ for flood-hit residents
Calumpit Mayor Lem Faustino of Bulacan clarified that the “E-Ayuda” initiative is just one of the ways the local government is providing assistance...
Asian equities resume rally on tariff relief for Indonesia, Philippines
Indonesia equities rise 1.3%, Philippines up 1.7%Thai stocks jump over 2%Singapore shares extend rally into 13th sessionMSCI EM Asia equities index at Nov...
Marcos says U.S. trade deal a ‘significant achievement’
MANILA — President Ferdinand Marcos Jr said his country’s trade deal with the United States, which resulted in a tariff rate of 19% on the...
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How to Trade Gold as Philippine Prices Race Toward 10000 Pesos Per Gram and...
Gold is moving back into the spotlight in the Philippines as local prices race toward the 10,000 pesos per gram mark and the...
BSP sees April inflation at 5.6% to 6.4%
MANILA — Philippine annual inflation was likely to have been within a 5.6% to 6.4% range over April, the central bank said on Thursday.The forecast...
ASEAN to ratify petroleum security deal, DTI chief says
MANILA — ASEAN is pushing forward the ratification of a framework agreement on petroleum security, the Philippine trade minister said on Thursday.“APSA, or the ASEAN...