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For PH troops in Spratlys, hope comes wrapped in fresh supplies
2022-07-11
WEST PHILIPPINE SEA — In between turquoise waters and rich fishing grounds in the Spratly Islands — a major archipelago in the South China Sea — are nine islands and reefs where Filipino troops stand guard.
While their powdery white sands and crystal clear waters could rival Boracay’s or El Nido’s, the maritime features are prized more for their geopolitical importance, making t...
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For PH troops in Spratlys, hope comes wrapped in fresh supplies
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Banaue farmers lose P14.6M to floods; officials brace for more rains
2022-07-11
BAGUIO CITY, Benguet, Philippines — Flood-hit Banaue in Ifugao province remains on red alert on Sunday amid a looming weather disturbance, as officials deal with the aftermath of the massive flash floods and mudslides that hit the tourist town on July 7.
Authorities reported that at least 684 farmers in the upland town lost around P14.6 million in crops to the flash floods triggered by ...
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Banaue farmers lose P14.6M to floods; officials brace for more rains
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Death of ‘Abenomics’ father may give Japan scope to curb stimulus
2022-07-11
TOKYO, Japan – The death of Shinzo Abe, namesake of Japan‘s “Abenomics” policy, makes any immediate challenge to his legacy highly unlikely but could eventually allow Prime Minister Fumio Kishida to phase out Abe’s government spending and monetary stimulus.
In a rare act of political violence that shocked the nation, Japan’s longest-serving prime minister was gunned down on Fr...
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Death of ‘Abenomics’ father may give Japan scope to curb stimulus
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經濟衰退浮現？ 經長：台灣產業底氣足、審慎不悲觀
2022-07-11
全球經濟衰退疑雲浮現，經濟部長王美花從國際情勢指出，確實有硬著陸、通膨和消費需求減弱等問題，但台灣體質底氣足，半導體產業發展暢旺，並對其他行業有所挹注，外銷訂單亦呈現成長格局，她對台灣下半年經濟審慎展望不悲觀。
王美花在9日晚間播出的電視節目「三國演議」接受主持...
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回歸國有挨批行政不彰 農水署：效率顯著提升
2022-07-11
媒體報導，水利會收歸國有後，發生水路破損淹水等情事都無人處理。行政院農業委員會農田水利署10日回應，由國家直接整合跨部門資源，能處理日益複雜困難的農田水利水源規劃、調度、防災等課題，服務效率顯著提升。
媒體報導，農田水利會收歸國有時，農水署、農委會曾經承諾，會嘉惠...
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農田水利會擬納編農委會，但卻有批評效率變低，對此農田水利署表示，由國家整合跨部門資源，服務效率明顯提升 。
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BSP ready to hike rates by 50 bps as peso nears record low against dollar
2022-07-08
THE BANGKO SENTRAL ng Pilipinas (BSP) is prepared to raise its policy rate by 50 basis points (bps) in August as the Philippine peso on Thursday breached the P56 level against the US dollar to move closer to its record low.
BSP Governor Felipe M. Medalla on Thursday said the recent hawkish stance of the US Federal Reserve has placed “strong depreciation pressures” on global currencies...
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BSP ready to hike rates by 50 bps as peso nears record low against dollar
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PH COVID-19 positivity rate rises to 7.4 percent
2022-07-08
MANILA, Philippines — The country’s positivity rate has further increased to 7.4 percent, the Department of Health (DOH) reported on Thursday.
The figure is higher than the 6.8-percent positivity rate that the DOH announced on Tuesday.
“The national positivity rate has increased to 7.4 percent, similar to the rates that we’ve had in the late February of this year,” Heal...
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PH COVID-19 positivity rate rises to 7.4 percent
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Shinzo Abe: former Japan prime minister confirmed dead after being shot in city of Nara
2022-07-08
Japan has near zero tolerance of gun ownership and one of the lowest rates of gun violence in the world, making the attack on Shinzo Abe particularly shocking.
My colleagues Cait Kelly and Justin McCurry have looked at the country’s gun laws and regulations. They write:
The pathway to gun ownership in Japan takes 13 steps. First, potential gun owners need to join a hunting or s...
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Shinzo Abe: former Japan prime minister confirmed dead after being shot in city of Nara
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DPWH to close parts of major roads in Metro Manila for weekend repairs
2022-07-08
MANILA, Philippines — The Department of Public Works and Highways is closing sections of major roads to conduct another round of reblocking and repairs for the weekend starting 11 p.m. Friday night, July 8 until July 11.
In an advisory sent to media, the DPWH said the following roads will be impassable for the weekend:
EDSA Guadalupe Makati City SB innermost lane (bus way) fro...
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DPWH to close parts of major roads in Metro Manila for weekend repairs
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SC: Anti-VAWC law protects women in illicit relationships too
2022-07-07
MANILA, Philippines — Provisions of the Anti-Violence Against Women and Their Children law apply to women in illicit relationships, including mistresses and paramours, and their children too, the Supreme Court upheld.
This comes after a petitioner — a man who had been issued a permanent protection order to prevent further violence against his longtime live-in partner, a woman, and the...
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SC: Anti-VAWC law protects women in illicit relationships too
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All adolescents aged 12-17 can now receive COVID-19 booster shot —DOH
2022-07-05
All adolescents aged 12 to 17 can now receive their booster shot against COVID-19, the Department of Health (DOH) announced Tuesday.
“Yes! Children ages 12 to 17 can now get their additional/ booster doses,” the DOH said in an advisory posted on Facebook and Twitter.
Last week, the government postponed the administration of the first COVID-19 booster dose for non-immunocompro...
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All adolescents aged 12-17 can now receive COVID-19 booster shot —DOH
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Philippines: Inflation hits multi-year high, BSP to finally take notice?
2022-07-05
June inflation rose to 6.1%, hitting a multi-year high as food, transport and utility costs continued to rise
Fastest since 2018
June inflation hit 6.1%YoY, accelerating at a pace not seen since 2018. Back then, the central bank was facing surging inflation caused mainly by rice shortages (rice constitutes 10% of the CPI basket). This time around, Bangko Sentral ng Pilipinas (BSP),...
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Philippines: Inflation hits multi-year high, BSP to finally take notice?
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Phivolcs records fewer volcanic quakes in Bulusan, but alert level still up
2022-07-05
LEGAZPI CITY—The Philippine Institute of Volcanology and Seismology (Phivolcs) recorded a few volcanic earthquakes in Mount Bulusan Monday and Tuesday, but this did not mean it would lower the alert level any time soon.
In its bulletin Tuesday, Phivolcs detected 23 quakes on July 4 and 19 on July 5.
The record was lower compared to the 129 earthquakes in the July 3 bulletin.
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Phivolcs records fewer volcanic quakes in Bulusan, but alert level still up
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Chinese foreign minister to visit PH
2022-07-05
Metro Manila (CNN Philippines, July 4) — Chinas top diplomat will make an official visit to the country starting July 5, the Department of Foreign Affairs said Monday.
A statement from the DFA said Chinese State Councilor and Foreign Minister Wang Yi would be in the country from July 5 to 6 upon the invitation of DFA Secretary Enrique Manalo.
Wang will be the first foreign coun...
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Chinese foreign minister to visit PH
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Theyre everywhere: Microplastics in oceans, air and human body
2022-07-04
PARIS — From ocean depths to mountain peaks, humans have littered the planet with tiny shards of plastic. We have even absorbed these microplastics into our bodies—with uncertain implications.
advertisement
Images of plastic pollution have become familiar: a turtle suffocated by a shopping bag, water bottles washed up on beaches, or the monstrous Great Pacific Garbage Patch o...
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Theyre everywhere: Microplastics in oceans, air and human body
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A quest for reaching bigger targets
2022-07-04
With the worsening global issue of climate change and, in turn, the rising call to reduce greenhouse gas emissions, particularly carbon dioxide, the energy sector is further pushed to expand the share of renewable and cleaner sources like biomass, solar, wind, geothermal, ocean energy, hydropower in the grid.
Reflecting such push, at least initially, is the updated Philippine Energy Plan ...
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A quest for reaching bigger targets
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蘇揆全力支持新竹臺大分院新竹醫院新院區建設 盼提升當地醫療服務及嘉惠民眾
2022-07-04
行政院長蘇貞昌3日前往新竹臺大分院新竹醫院（經國院區）慰勉醫護同仁辛勞，並視察該醫院新院區（湳雅院區）預定地。院長表示，為解決經國院區空間不足問題，新竹市政府透過都市計畫變更、公辦跨區市地重劃等方式整合各方土地，使新院區腹地面積達5.18公頃，中央後續將採有償撥用、分期償...
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行政院長蘇貞昌視察「新竹臺大分院新竹醫院新院區籌設計畫」
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出席中研院院士會議 總統期盼透過院士們的共同討論 為國家擘畫願景
2022-07-04
蔡英文總統今（4）日上午出席「中央研究院第34次院士會議」開幕式時表示，中研院不僅讓國際社會看見臺灣的研究實力，也展現我們對和平、民主和自由的重視。此次院士會議在疫情下舉行，意義格外重大，期盼透過院士們的共同討論，為國家擘畫願景，持續推動臺灣的進步發展。
總統致詞時...
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蔡英文總統今（4）日上午出席「中央研究院第34次院士會議」開幕式
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南管振聲社登錄台南傳統藝術 保存者蔡芬得授證
2022-07-04
台南南管館閣「振聲社」3日於祀典武廟六和堂舉辦成果發表會，台南市長黃偉哲出席並為振聲社「館先生」、登錄台南市傳統表演藝術「南管」保存者的藝師蔡芬得授證表揚。
台南市政府提供資料指出，現為振聲社館先生的蔡芬得先後師承張鴻明、蔡青源、蘇榮發等南管名師，完整傳習南管音...
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台南南管館閣「振聲社」登錄為台南市無形文化資產，台南市長黃偉哲（左）3日授證表揚傳統表演藝術「南管」保存者的藝師蔡芬得（右）。（台南市政府提供）
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Gold bullion worth NT$50 million put up for auction in Taiwan
2022-07-04
TAIPEI (Taiwan News) — A total of 27 gold bullion bars worth an estimated NT$50 million (US$1.68 million) will be auctioned off at the Taitung District Prosecutors Office on July 13.
The gold bars, each weighing 1 kilogram with a purity of 99.99%, were impounded 15 years ago when they were valued at NT$18 million. The auction proceeds will go to the government coffers.
The offi...
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Gold bullion worth NT$50 million put up for auction in Taiwan
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BSP may consider bigger rate hikes
2022-07-01
THE Philippine central bank would consider bigger key rate increases to support the peso and amid faster inflation, according to its new chief.
“The key really is what’s the momentum of inflation,” Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla told reporters on Wednesday night.
Still, he expects consumer spending to boost economic growth in the second quarter...
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BSP may consider bigger rate hikes
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COVID-19 positivity rate up in Metro Manila, 9 other areas — OCTA
2022-07-01
MANILA, Philippines — The COVID-19 positivity rate from June 25 to June 29 in 10 areas in the country has increased, independent pandemic monitor OCTA Research said on Friday.
Seven of the areas also breached the World Health Organization benchmark of five percent:
Cavite: from 5.9 percent to 13.2 percent
Laguna: from 7.6 percent to 8.8 percent
Pampanga: from 5.9 percen...
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COVID-19 positivity rate up in Metro Manila, 9 other areas — OCTA
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World Bank creates fund to better prevent, respond to pandemics
2022-07-01
WASHINGTON, United States — The World Banks board on Thursday approved creation of a fund meant to finance investments in strengthening the fight against pandemics.
The fund will support prevention, preparedness and response (PPR), with a focus on low- and middle-income countries, the bank said in a statement.
The devastating human, economic, and social cost of Covid-19 has hig...
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World Bank creates fund to better prevent, respond to pandemics
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Philippines economy resilient despite global headwinds
2022-07-01
The Philippines economy has continued to show rapid expansion in early 2022, with first quarter GDP growth up 8.3% year-on-year (y/y). This followed a GDP growth rebound of 5.6% in 2021, despite the negative impact of the COVID-19 Delta wave that hit the nation in the second half of 2021. However, the Philippines is facing external headwinds from rising world inflation, notably from higher world o...
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Philippines economy resilient despite global headwinds
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Bongbong Marcos sworn in as 17th president of the Philippines
2022-06-30
Metro Manila (CNN Philippines, June 30) — Ferdinand Bongbong Marcos Jr. was sworn in as the countrys 17th president on Thursday, marking the return of yet another Marcos to the Malacañang Palace 36 years after his father, the late President Ferdinand E. Marcos, was ousted by Filipinos in a peaceful revolt.
Chief Justice Alexander Gesmundo administered the oath of office of Marcos, who ...
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Bongbong Marcos sworn in as 17th president of the Philippines
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Developing ESG Strategy Is Hard, But Executing It Is Even Harder
2022-06-30
In balancing the risks of a pandemic, the climate crisis, social unrest, and global supply-chain issues, business leaders, policymakers, and investors around the world have been working on developing environmental, social, and governance (ESG) strategies—making ESG an essential business priority.
And while developing the strategy is hard because of the sheer number of factors to conside...
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Developing ESG Strategy Is Hard, But Executing It Is Even Harder
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Metro Manila COVID growth rate dips, could peak by July – OCTA
2022-06-30
MANILA, Philippines — Metro Manila’s COVID-19 growth rate went down on Wednesday, which could be an indication that cases “could be peaking” in the first or second week of July, an OCTA Research fellow, Dr. Guido David, said on Twitter on Wednesday.
David cautioned, however, that the trend could still change. So he urged the public to continue practicing health measures to furthe...
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Metro Manila COVID growth rate dips, could peak by July – OCTA
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Goal is to reduce budget deficit — Diokno
2022-06-30
The Department of Finance (DoF) will focus on reducing the governments budget deficit in its medium term fiscal plan, incoming Finance Secretary and outgoing Bangko Sentral ng Pilipinas Governor Benjamin Diokno said.
When President-elect Ferdinand Marcos Jr. recently met with members of his economic team, his marching order was for them to produce a medium-term fiscal plan for the next si...
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Goal is to reduce budget deficit — Diokno
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Enhanced southwest monsoon brings rain as Tropical Depression Caloy barely moving
2022-06-29
MANILA, Philippines – Tropical Depression Caloy was almost stationary over the West Philippine Sea on Wednesday morning, June 29, as it continued to enhance the southwest monsoon or hanging habagat.
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said in a briefing past 11 am that Caloy was located 375 kilometers west of Iba, Zambales, barely m...
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Enhanced southwest monsoon brings rain as Tropical Depression Caloy barely moving
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Peso breaks P55:$1 intraday; Moody’s sees 50 bps rate hike
2022-06-29
The peso pierced the P55 level to the US dollar on Monday, June 27, at its intraday peak before regaining lost ground to close stronger at P54.78.
With the peso finally showing some strength versus its Friday close of P54.985, market watchers are now anticipating a higher central bank rate hike in August of as much as 50 basis points (bps) to temper both inflation and peso depreciation.
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Peso breaks P55:$1 intraday; Moody’s sees 50 bps rate hike
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Risk-on sentiments buoy local bourse, peso
2022-06-29
MANILA – Gains in the local bourse continued on Tuesday following the release of several economic reports in the United States while the peso kept its footing after days of depreciation against the US dollar.
The Philippine Stock Exchange index (PSEi) increased by 1.71 percent, or 106.59 points, to 6,345.41 points.
All Shares followed with a jump of 1.44 percent, or 48.21 p...
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Risk-on sentiments buoy local bourse, peso
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DILG: Over 600k trike drivers nationwide set to receive fuel subsidy
2022-06-29
MANILA, Philippines — The Department of the Interior and Local Government said that a total of 617,806 qualified tricycle drivers nationwide are set to receive their fuel cash subsidy under the Pantawid Pasada Program for Tricycle Drivers to alleviate soaring pump prices amid the pandemic.
DILG Secretary Eduardo Año said the Land Transportation Franchising and Regulatory Board will dis...
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DILG: Over 600k trike drivers nationwide set to receive fuel subsidy
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No work in Manila trial courts June 29-30
2022-06-29
Work in all trial courts in Manila is also suspended on Wednesday and Thursday, June 29 and 30, due to the traffic rerouting plan for the inauguration of President-elect Ferdinand “Bongbong” R. Marcos Jr. on June 30.
The order of work suspension was issued by Deputy Court Administrator Jenny Lind R. Aldecoa Delorino with the approval of all Supreme Court (SC) justices led by Chief Jus...
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No work in Manila trial courts June 29-30
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What’s the BSP doing?
2022-06-29
The Bangko Sentral ng Pilipinas (BSP) has been criticized—wrongly, I think—for being “dovish,” “behind the curve,” or not acting fast enough in response to speeding inflation and exchange rate movements. It seems to me that economists (as against financial analysts) tend to better understand the BSP’s moves, especially as its top leaders in the governor, deputy governor, and Monetary...
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Except in Alert Level 1 areas: Regular COVID tests for unvaccinated on-site staff
2022-06-28
MANILA, Philippines — On-site workers in both public and private sectors in areas under Alert Level 2 and higher who have yet to get vaccinated against COVID-19 must undergo COVID-19 tests, Malacañang announced Tuesday.
"In areas where there are sufficient supplies of COVID-19 vaccines, all establishments and employers in the public and private sector shall require their eligible ...
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Except in Alert Level 1 areas: Regular COVID tests for unvaccinated on-site staff
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DOH detects 50 additional BA.5 Omicron sub-variant cases
2022-06-28
MANILA, Philippines — There are 50 new cases of BA.5 Omicron sub-variant of COVID-19 in the country, Department of Health (DOH) spokesperson Undersecretary Maria Rosario Vergeire said in a press briefing on Tuesday.
Of the total, 38 are from Western Visayas, five from Metro Manila, and seven are returning Overseas Filipino Workers.
Most of them, 41 in total, are now tagged as r...
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DOH detects 50 additional BA.5 Omicron sub-variant cases
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Peso breaches 55-level vs dollar
2022-06-28
MANILA, Philippines (Updated, 5:10 p.m.) — The Philippine peso breached the P55-level against the US dollar on Monday but managed to temper those losses at the start another choppy trading this week.
The local currency finished at P54.78 versus the greenback, stronger than its previous close of P54.985.
But during Mondays trading, the pesos weakest showing stood at P55.15-per-d...
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Peso breaches 55-level vs dollar
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Experts: Technology plays role in sustainability efforts
2022-06-28
Environmental sustainability should not be seen as a separate objective from economic recovery and development because the country’s most pressing problems are best addressed by the efficient use of resources coupled with advances in technology, experts agreed during a recent forum conducted by leading think-tank Stratbase ADR Institute.
“What I see is not a crisis but an opportunity,...
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Experts: Technology plays role in sustainability efforts
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Commuter group urges incoming LTFRB to clarify rules on carpooling, shuttle services
2022-06-27
MANILA, Philippines — A commuter network urged the incoming leadership Land Transportation and Franchising Regulatory Board to promote carpooling and shuttle services of companies affected by the current transport crisis in the country by clarifying its guidelines on them.
Colorum is the term used by the department when referring to vehicles carrying passengers without a Certificate of ...
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Commuter group urges incoming LTFRB to clarify rules on carpooling, shuttle services
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Energy exploration dims further in West Philippine Sea
2022-06-27
MANILA, Philippines — The possibility of oil and gas exploration in the West Philippine Sea dimmed further after the Philippines terminated talks with China over joint energy exploration in the disputed sea, as resumption of any activities could escalate geopolitical tensions.
Following the termination of negotiations with China, the Department of Energy (DOE) – in coordination w...
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Energy exploration dims further in West Philippine Sea
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Filling stations to jack up diesel by PHP 1.65 on June 28
2022-06-27
While your fuel gauge does nothing but go down, down, down, fuel prices for the last four weeks have done nothing but go up, up, up.
For the fourth successive week, oil prices in the country are in for another increase. Tomorrow, June 28, fuel companies will add PHP 1.65 per liter for diesel, PHP 0.50 per liter for gasoline, and PHP 0.10 for kerosene.
As of the moment, Shell and ...
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Filling stations to jack up diesel by PHP 1.65 on June 28
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3 reasons why Filipinos should care about the global wheat shortage
2022-06-27
There is a global wheat shortage. The Philippine Association of Flour Millers, Inc. (PAFMI) mainly attributes this to the war between Russia and Ukraine, which collectively supply a third of the global wheat supply.
Wheat exports from Ukraine are blocked by the Russian navy in the Black Sea. Meanwhile, a US-led embargo on Russia means the latter country is cut off from trading wheat with ...
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3 reasons why Filipinos should care about the global wheat shortage
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Cities next to Manila asked to declare June 30 holiday
2022-06-27
MANILA, Philippines — An official of the Philippine National Police on Saturday asked cities next to the City of Manila to also declare a nonworking holiday in their jurisdictions on June 30 to lessen the inconvenience expected due to road closures and protest rallies during the inauguration of President-elect Ferdinand Marcos Jr.
Since security measures will be in place, including road...
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Cities next to Manila asked to declare June 30 holiday
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Solar Philippines takes 70% of the DoE’s Green Energy Auction Program capacity
2022-06-27
Solar Philippines (SP) [link], the parent company of Solar Philippines NEC [SPNEC 1.54 ?2.67%], won 70% of the renewable energy capacity that was up for auction in the first round of the Department of Energy’s (DoE) “Green Energy Auction Program” (GEAP).
The capacity awarded to SP also represents 91% of the total solar capacity awarded in this round of GEAP bidding. According to Sec...
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Solar Philippines takes 70% of the DoE’s Green Energy Auction Program capacity
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DepEd welcomes ‘timely’ career program system for public school teachers
2022-06-24
MANILA, Philippines — The Department of Education (DepEd) on Thursday celebrated the establishment of the Expanded Career Progression System for public school teachers.
According to DepEd in a statement, the new executive order will promote professional development and career advancement among public school teachers by officially creating new position titles namely Teacher IV, Teacher V...
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DepEd welcomes ‘timely’ career program system for public school teachers
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DOE expects price hikes in diesel, kerosene next week amid weak peso
2022-06-24
MANILA, Philippines— Consumers may have to pay more for fuel, particularly diesel and kerosene in the last week of June, the Energy department said on Friday, citing a weak peso.
Gas, however, may experience a small rollback of around P1 per liter, according to the Department of Energy-Oil Industry Management Bureau Director Rino Abad.
Citing computations based on weakening o...
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DOE expects price hikes in diesel, kerosene next week amid weak peso
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Interest rates raised anew
2022-06-24
As expected, BSP delivers back-to-back hikes
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) yesterday delivered back-to-back rate hikes, raising key policy rates by 25 basis points, to fend off rising inflationary pressures.
Outgoing BSP Governor Benjamin Diokno said the central bank’s Monetary Board decided to raise the overnight reverse repurchase rate to 2.50 perce...
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Interest rates raised anew
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DepEd receives teaching, learning materials from USAID
2022-06-24
MANILA, Philippines — The Department of Education (DepEd) received teaching and learning resources from the United States Agency for International Development (USAID) to support early grade learning initiatives in the Philippines.
USAID Director of the Regional Financial Services Center Bret Campbell led the turnover of the resources to DepEd Undersecretaries Nepomuceno Malaluan and Dio...
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DepEd receives teaching, learning materials from USAID
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Carpio backs Duterte admins termination of joint oil, gas talks with China
2022-06-24
Metro Manila (CNN Philippines, June 24) — Retired Supreme Court Senior Associate Justice Antonio Carpio, a critic of the Duterte administration, supported the Philippine governments decision to end the joint oil and gas exploration pact it inked with China.
Despite China refusing to acknowledge the Philippines arbitral win on the West Philippine Sea, the two nations signed an agreement ...
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Carpio backs Duterte admins termination of joint oil, gas talks with China
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Stricter implementation of health protocols seen in Metro Manila amid rising COVID cases – NCRPO
2022-06-23
MANILA, Philippines — A stricter implementation of health protocols in Metro Manila can be expected with the uptick in COVID-19 infections, according to the National Capital Region Police Office (NCRPO).
“Asahan po natin ang bahagyang paghihigpit sa pagpapaalala at pagpapatupad ng ating mga kapulisan habang nagpapatrolya sa lansangan sa pagsunod sa mga alituntuning ito ng IATF (Inter-...
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Stricter implementation of health protocols seen in Metro Manila amid rising COVID cases – NCRPO
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