Source Philippine Star

Manila-based Asian Development Bank committed $22.8 billion last year for Asia-Pacific to sustain pandemic response and aid in economic recovery, with the Philippines still securing one of the highest lending in the region...

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Visiting Japanese Foreign Minister Hayashi Yoshimasa underscored Japan’s intention to strengthen cooperation with the Philippines as its strategic partner for a “Free and Open Indo-Pacific,” citing numerous challenges including “unilateral attempts to change the status quo by force”...

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Consumer goods and food manufacturing businesses in the Philippines will likely be the most affected by a potential price shock in oil and commodities if the Russia-Ukraine war escalates, analysts said...

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The official Twitter account of the University of the Philippines (UP) System (@upsystem) appears to have been hacked...

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Finance Secretary Carlos G. Dominguez III urged the world’s major multilateral development banks (MDBs) to cooperate in mobilizing financing for climate adaptation and mitigation initiatives of emerging economies like the Philippines...

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The Philippine Congress is unlikely to pass a proposed measure that would give the government powers to intervene in the event of a spike in oil prices, according to the Energy department...

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The Committee on Tariff and Related Matters (CTRM) has approved the reduction of corn tariff rates and the extension of current duties on pork and rice to mitigate the impact of global economic challenges on domestic food prices, according to information from reliable sources, which the main planning agency validated...

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The COVID-19 pandemic has forever changed the world's relationship to vaccines, spurring unprecedented production and innovation even while poorer nations were left behind...

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The Philippine government should carefully balance the need to support the economy’s recovery, while maintaining price stability, the International Monetary Fund (IMF) said...

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About 300 people held a candlelight vigil at a Singapore park on Monday, April 25, to protest against the planned hanging of a Malaysian convicted of drug smuggling whom activists say should be spared because he has an intellectual disability...

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Russian and Indian officials met last week in an effort to resolve an impasse over the shipping of coking coal to Indian steelmakers, which has dried up since March over payment methods, a trade source and an Indian government source said...

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Worker demands for more flexibility and security, bolstered by the pandemic and a tight labor market, are only growing more intense as the world economy reopens and some firms begin trying to pull employees back to offices, payroll provider ADP reported in a survey of nearly 33,000 people worldwide...

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A US-based company plans to put up a battery plant in the Philippines, according to the Department of Trade and Industry (DTI)...

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Russia on Monday warned the Ukraine conflict risked escalating into a third world war and accused Kyiv of playing at peace talks a day after visiting US officials said Ukrainian forces could beat back Moscow's invasion...

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At least 34 projects meant to develop the Subic Bay and surrounding areas are embodied in a master plan recently finalized, with Japan’s help, to further transform into an economic powerhouse one of the country’s most promising zones...

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Global military spending rose again in 2021, setting new records as Russia continued to beef up its military prior to its invasion of Ukraine, researchers said Monday, predicting the trend would continue in Europe in particular...

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At least 34 projects meant to develop the Subic Bay and surrounding areas are embodied in a master plan recently finalized, with Japan’s help, to further transform into an economic powerhouse one of the country’s most promising zones...

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The world is set to face 1.5 disasters a day — 560 a year — by 2030, as humans put themselves on a "spiral of self-destruction" by heating up the climate and ignoring risk, pushing millions more people into poverty, the United Nations warned on Tuesday...

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A Japanese woman believed to have been the world's oldest person has died aged 119, public broadcaster NHK said on Monday, reporting the death of Kane Tanaka...

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A French nun who recently celebrated her 118th birthday with her traditional port-and-chocolate cocktail is now the world's oldest known person, following the death announced Monday of a Japanese woman one year her senior...

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American firm SBA Communications Corp. is investing P10.76 billion for its project to build a total of 1,470 telecommunications towers in the country over a five-year period...

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The US drug regulator on Monday granted the first full approval for treating COVID-19 in children aged 28 days and older to Gilead Sciences Inc's drug remdesivir...

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Britain is to send to Ukraine armoured vehicles able to fire missiles against invading Russian aircraft, Defence Secretary Ben Wallace said on Monday...

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Multinational aerospace corporation Airbus declares it is well-positioned to meet the Philippines' defense and maritime security needs...

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The Philippines is ripe for more foreign direct investments from the United States, after the Duterte administration passed economic reforms that essentially made it easier for foreigners to do business here, an envoy said...

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Health officials in the UK have released new details in their ongoing investigation of an unusual series of hepatitis cases in children. The new report helps explain why they have zeroed in on a possible link to the adenovirus family, the UK Health Security Agency announced Monday...

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The Manila city government will roll out today the second booster shots for immunocompromised individuals in barangay health centers, hospitals and malls...

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The Department of Education (DepEd) has been urged to clarify the tasks of the teachers during the election-related school break from May 2 to 13...

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Taking up the cudgels for commuters who were stranded for hours and inconvenienced by the week-long row between provincial bus operators and regulators, Senator Grace Poe said Monday there’s no reason why the thousands of passengers should bear the brunt of the conflict...

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The Commission on Elections (Comelec) announced on Monday that the upcoming debates in partnership with the Kapisanan ng mga Brodkaster ng Pilipinas (KBP) will adopt a single candidate or team panel interview format...

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There are 104 areas of concern in the country being monited by the Commission on Elections (Comelec), Commissioner George Erwin Garcia said on Monday, April 25.

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As the government intensifies its inoculation efforts, Health Secretary Francisco T. Duque III on Monday, April 25, bared that 95 percent of Covid-19 deaths in the country are unvaccinated...

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Cases of diarrhea among children usually rise throughout the summer season as many of them accidentally ingest pool water or seawater, the Philippine Medical Association (PMA) said on Monday...

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The Supreme Court has reversed the decision of the Commission on Elections disallowing the registration and participation in the May 9 elections of the Igorot Warriors International, Inc. (IWI), a party-list composed of members of cultural minorities in the country...

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Malacañang on Monday said it is leaving it up to voters to decide whether they want to elect candidates and party-list groups with supposed links to left-leaning groups...

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Based on its weekly case bulletin posted Monday, the daily average was 209 new infections, 12% lower than the previous week...

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The Regional Tripartite Wages and Productivity Board-Central Visayas (RTWPB-7) will consider the economic conditions in deciding on petitions for salary adjustments for minimum-wage earners, the body's regional board chairman said on Monday...

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If the son of dictator and former President Ferdinand Marcos Sr. wins the May 9 presidential election, he will not be the only Marcos currently in power and almost certainly not the last...

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The Philippines has borrowed more than $7.5 billion (P400 billion) from the World Bank to fund mainly the government’s pandemic response, according to the Department of Finance (DOF)...

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The stock market opened the week on a positive note, bouncing back from last week’s losses as bargain hunters stepped in late in the day...

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Remote working is easily becoming a differentiator for companies looking to attract talent. Many organizations have fully embraced the idea of remote working and have begun offering work arrangements with varying degrees of flexibility, not just to keep employees safe, but also to keep them happy. In the wider mobility space, there is a much greater flexibility being explored by multinational companies to achieve their global goals – working from anywhere in the world...

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Domestic passenger traffic at the Ninoy Aquino International Airport (NAIA) surged to 3.17 million in the first three months of the year as travel restrictions were dialed back, according to the Manila International Airport Authority (MIAA)...

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Tropical depression Agaton left around P3 billion in damage to farm goods, the Agriculture Department said on Monday...

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Pump prices of petroleum products have been increasing to the detriment of motorists already reeling from a global health pandemic. Starting today, 26 April, oil companies will impose another hefty round of price hikes...

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The Department of Trade and Industry is wooing US battery maker ZAF Energy Systems and Battery Grade Materials Inc. to expand to the Philippines, citing the country’s attractive menu of incentives and perks...

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UK-based think tank Pantheon Macroeconomics expects cash being sent back home by Filipinos living and working overseas to cool despite some boost from expensive oil...

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