Philippine

Treasury reports Philippine debt increases to P14.79 trillion by end of January

The Philippines’ outstanding debt reached a new high of P14.79 trillion at the end of January 2024, driven by the issuance of domestic securities and the impact of peso depreciation, according to the Bureau of Treasury (BTr). The latest report from the treasury revealed that the debt stock rose by P173.91 billion, with 31.29% coming […]

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China causes extensive damage to coral reefs in the West Philippine Sea, destroying 21,000 acres.

The country is facing a decline in fisheries production due to reports of China destroying at least 21,000 acres of coral reefs in the West Philippine Sea (WPS), warned an expert from the University of the Philippines-Marine Science Institute (UP-MSI) yesterday. UP-MSI assistant professor Mike Atrigeneo stated in a radio interview that the destruction of

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Department of Justice to assist in developing case against cyanide fishing in West Philippine Sea

DOJ to build case against foreign fishermen engaged in cyanide fishing at Panatag Shoal The Department of Justice (DOJ) has pledged its support to relevant agencies in gathering evidence and preparing a case against individuals, reportedly Chinese and Vietnamese fishermen, who are allegedly using cyanide at Panatag (Scarborough) Shoal, Justice Secretary Jesus Crispin Remulla announced

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BFAR plans to invest in new vessels to strengthen presence in West Philippine Sea

Government to procure more patrol vessels for Filipino fisherfolk in West Philippine Sea The Bureau of Fisheries and Aquatic Resources (BFAR) announced on Monday its plans to acquire additional patrol vessels to enhance its presence and support Filipino fisherfolk in the West Philippine Sea (WPS). According to BFAR spokesperson Nazario Briguera, the government has allocated

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Philippine Airlines (PAL) achieves place in the top 10 most punctual airlines in 2023

Philippine Airlines ranks 2nd for punctuality in Asia-Pacific in December Manila, Philippines — Flag carrier Philippine Airlines (PAL) secured the second spot for punctuality among Asia-Pacific airlines in December 2023, according to London-based aviation analytics Cirium. With an 83.08% on-time arrival rate, PAL outperformed other Southeast Asian, Chinese and Australian carriers. Based on the latest

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The Philippine Economy Benefits from Steady Growth in New Life Insurance Premiums

BDO Life Insurance Reports Strong Business Recovery and Growth in the Philippine Insurance Sector The Philippine Insurance Commission (IC) recently released a report showing that the life insurance sector’s total premium revenues reached P229.9 billion in the third quarter of 2023. This represents a 13.9% increase in Annual Premium Equivalent (APE) premiums on new insurance

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VP Duterte Refutes ICC Allegations, States She Will Only Confront Philippine Court

Vice President Sara Duterte Denies Involvement in Drug War, Prepared to Face Philippine Courts Amid ICC Probe Vice President Sara Duterte has denied any involvement in her father’s controversial war on drugs, despite being named as a respondent in an International Criminal Court (ICC) investigation. In a statement on Tuesday, Jan. 23, Duterte expressed her

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China Coast Guard uses water cannons to control Philippine vessels in the West Philippine Sea.

China Coast Guard Defends Water Cannon Attack on Philippine Vessels in West Philippine Sea The China Coast Guard has defended its recent water cannon attack on Philippine vessels in the West Philippine Sea, asserting that it took “control measures” against the Philippine vessels on Saturday, December 9. The incident occurred near Bajo de Masinloc (Scarborough

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Michelle Dee, the Philippine representative, concludes her Miss Universe 2023 journey

The top 5 candidates have been chosen to compete in the question-and-answer portion of the Miss Universe 2023 pageant after the evening gown competition. Miss Universe Philippines Michelle Dee did not make it to the next round. The top 5 candidates in order of announcement are Australia, Puerto Rico, Nicaragua, Thailand, and Colombia. Stay tuned

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