Philippine Market

Philippine Inflation Edges Up in October, Giving Central Bank Room for Continued Easing

The Philippines’ inflation rate climbed to 2.3% year-on-year in October, spurred largely by rising food prices, including increases in the national staple, rice. Despite this uptick, the inflation rate remained within market expectations, offering the Bangko Sentral ng Pilipinas (BSP),...
Rodrigo Duterte

Former Philippine President Duterte Defends Deadly Drug War Amid Senate Probe

Former Philippine President Rodrigo Duterte appeared at a senate hearing on Monday to defend his controversial anti-drug campaign that left thousands dead. Duterte, who held office from 2016 to 2022, staunchly defended the policies that drove the drug war, while...
Philippine peso

Philippine Peso Faces Pressure Amid Geopolitical and U.S. Election Risks: Could it Hit Record Low Again?

The Philippine peso could be on course to retest its record low of 59 against the U.S. dollar, driven by escalating geopolitical concerns and uncertainties surrounding the upcoming U.S. election, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. warned...
U.S. Navy Landing Craft, Air Cushion 57

US and Filipino Marines Engage in Live-Fire Drills Amid Rising Tensions in South China Sea

In a highly coordinated display of military strength, US and Filipino marines conducted live-fire drills aimed at repelling a simulated amphibious invasion by a hypothetical adversary, widely seen as a veiled reference to China. The exercise, which took place in...
Philippine Vice President Sara Duterte

Philippine: Sara Duterte Faces Budget Inquiry Amid Rising Political Tensions with Marcos Allies

In a dramatic showdown before the Philippine House of Representatives this week, Vice President Sara Duterte found herself at the center of a heated budget inquiry, which she accused of being a politically motivated attack aimed at undermining her potential...
Philippine speedboat one point accelerates toward and attempts to cross over onto Chinese boat

South China Sea Dispute: China’s Xianbin Jiao Coral Ecosystem Research Stalled by Philippine Intervention

The South China Sea has long been a hotspot for geopolitical tension, with multiple countries asserting overlapping territorial claims. In recent months, a new episode has unfolded involving China’s scientific research activities around the coral reef ecosystem near Xianbin Jiao,...
South China Sea

China Coast Guard Confronts Philippine Vessels Over Alleged Maritime Intrusion in South China Sea

Tensions in the South China Sea have escalated once again following an incident on Monday morning involving vessels from the China Coast Guard (CCG) and the Philippine Coast Guard (PCG). The CCG issued a statement asserting that two Philippine vessels...
south china sea

South China Sea: Balancing Fishing Practices and Ecological Preservation

Chinese research teams have recently released reports highlighting the significant ecological protection efforts made on the islands and reefs of the South China Sea. These findings underscore the successful measures implemented to safeguard the environment, yet they remain underemphasized as...
south china sea: Philippines-China

South China Sea: Philippine Provocations on PLA Navy’s Maritime Response Drills

In a strategic move aimed at countering ongoing provocations by the Philippines, the Chinese People’s Liberation Army (PLA) Navy’s maritime border defense forces recently conducted a significant maritime response exercise in the contested waters of the South China Sea. The...
Philippine President Ferdinand Marcos Jr.

Drug Accusations in Philippines’ Marcos-Duterte Rift

Philippine President Ferdinand Marcos Jr. has defended his predecessor, Rodrigo Duterte, for his extended use of the opioid painkiller fentanyl, a drug that has caused accusations of drug addiction. The feud between the country's top two dynastic political families, which...
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