South East Asia

President Marcos on Monday welcomed the signing of a memorandum of understanding (MOU) between the National Grid Corporation of the Philippines (NGCP) and the National Intelligence Coordinating Agency (Nica), citing its importance in fending off cyberatta...

The government plans to allot 7,750 metric tons (MT) of imported sugar that entered the country for domestic use in a bid to lower the retail prices of sugar, government officials said on Monday. Agriculture Assistant Secretary Rex Estoperez told the pres...

Local oil firms reduced the prices of diesel and kerosene, while the price of gasoline went up by P1 per liter effective on Tuesday. In separate advisories, the companies cut the price of diesel by 10 centavos per liter and kerosene by 60 centavos per lit...

Some P77 million worth of onions that were misdeclared as pizza doughs and fishballs were seized by Bureau of Customs (BOC) agents at the Manila International Container Port (MICP). In a statement on Monday, the BOC said its personnel were able to block t...

Tourism Secretary Christina Frasco has met with major tourism stakeholders in Central Europe to explore market opportunities in a bid to increase visitor arrivals from the region. Frasco said several tourism movers and players from Central Europe offered ...

The Philippine Basketball Association (PBA) turned in an All-Star Game to remember on Sunday night, largely due to a few gimmicks outside the realm of a standard basketball game.Dunks that were worth three points added a flavor to above-the-rim action whi...

There will be no more 48-minute platforms for Juami Tiongson, at least for this Philippine Basketball Association (PBA) season.So in his last official appearance in the Governors' Cup, you can't blame the sweet-shooting playmaker for taking things...

MANILA Philippine banking stocks came under pressure on Monday after negative sentiments from the closure of US-based Silicon Valley Bank (SVB) spilled over into the local market on Monday. This was despite the country's biggest lenders having no expo...

Vehicle sales in the Philippines continued to grow by double digits in February, albeit at a slower pace compared to the previous month's, driving the local industry's hopes of overtaking prepandemic levels. A joint report from the Chamber of Auto...

The Joint Foreign Chambers of the Philippines (JFC) on Monday urged lawmakers once more to pass legislation that will reform the country's air transport sector. The JFC, a coalition of foreign business chambers, voiced its support for the recommendati...

No sooner had Biz Buzz published its item yesterday about the brewing controversy at the upscale Wack Wack Golf and Country Club than Senator JV Ejercito ignited a full scale firestorm by venting his issues against its current management on Twitter. But m...

The national government raised P12.8 billion from its latest Treasury bill auction, making a partial award of its debt paper ahead of next week's expected policy rate hike. The Bureau of the Treasury (BTr) on Monday awarded in full its 364-day offerin...

MANILA, Philippines -ABS-CBN Corp. is in talks with several real estate firms, including sister company Rockwell Land, to redevelop its headquarters in Quezon City, its home for 55 years that was once seized by the government during the tumultuous martial...

MANILA, Philippines -The "erratic" fuel supply from the Malampaya gas field could be supplemented by liquefied natural gas (LNG) to ensure that there would be no local power shortage in the medium term, the Department of Energy (DOE) said on Monda...

MANILA, Philippines -Ayala-led ACEN Corp. has raised its stake in populous India through a partnership with US-based BrightNight to develop large-scale renewable energy (RE) projects, in which it committed to invest at least $250 million. In a disclosure ...

A P2.1-billion irrigation project will be built in Pikit, North Cotabato to bolster agriculture production in the province, according to the National Irrigation Administration (NIA). "Once this project is realized, it will further boost the agricultur...

The government continues to gain ground in its ongoing campaign against the smuggling of agricultural goods as authorities recently confiscated P40 million worth of poultry products that had entered the country illegally. In a statement on Monday, the Dep...

MANILA, Philippines -The resurgence of travelers has been boded well for the airline industry, with AirAsia Philippines recording 95-percent growth in forward bookings just this month. In a statement on Monday, the budget carrier said it had sold 475,000 ...

MANILA, Philippines -Local sales of personal computers (PC) slumped in the last quarter of 2022 as rising consumer prices discouraged spending on big-ticket items, according to the International Data Corp. (IDC). In its Worldwide Quarterly Personal Comput...

MANILA, Philippines -Digital Edge (Singapore) Holdings is looking at opening a second facility in Metro Manila after opening its first data center in Binan, Laguna, amid the growing demand for colocation services in the advent of increased digitalization....

Coincident to the observance of International Women's Day last March 8, gender equality at the workplace got a big boost from the recent decision of the Supreme Court with regard to a provision in the 2000-2005 collective bargaining agreement (CBA) be...

SEOUL - Seoul will pursue a bid for the 2036 Summer Games without reviving efforts to co-host an Olympics with the North Korean capital of Pyongyang, Seoul Mayor Oh Se-hoon told Reuters.Amid hopes for better relations with the nuclear-armed North, Seoul s...

MANILA, Philippines---The Senate hailed Filipino middleweight prospect Eumir Marcial for picking up his third and fourth straight victories in the professional ranks.The upper chamber adopted during Monday's plenary session Senate Resolution Nos. 494 ...

MANILA, Philippines — The Supreme Court (SC) Third Division has dismissed the case for rape by sexual intercourse and acts of lasciviousness filed against TV host Ferdinand "Vhong" Navarro for lack of probable cause. In a 42-page decision, t...

ILOILO CITY---Bacolod City will be the next host of the Philippine Basketball Association's (PBA) midseason extravaganza.Commissioner Willie Marcial revealed that the "City of Smiles" will be the next venue following a pleasant meeting with Ma...

MANILA, Philippines — Female students will no longer be required to wear a skirt as school uniform if a bill lodged in the Senate is passed into law. Senator Raffy Tulfo recently filed Senate Bill No. 1986, "promoting gender-neutral uniforms in ...

LAPU-LAPU CITY, Philippines — Some 50 urban poor organizations in Lapu-Lapu City have each received four fire extinguishers from the city government on Monday, March 13, 2023. The distribution was led by Mayor Junard "Ahong" Chan, as part of...

Chilean qualifier Cristian Garin shocked Casper Ruud 6-4, 7-6 (7/2) to reach the fourth round at Indian Wells on Sunday, handing the world number four Norwegian another setback in a disappointing season.Garin's attacking game paid off as he dispatched...

CEBU CITY, Philippines — Apothecare Pharmacy and Rygian Carwash entered the winning column after trouncing their respective foes in their respective divisions of Sunday evening's Metro Cebu Basketball League (MCBL) Season 8, at the Benedicto Col...

LAPU-LAPU CITY, Philippines — Lapu-Lapu City Mayor Junard "Ahong" Chan said that sending some of the city's policemen to Negros Oriental would help maintain peace and order not only there but in the whole region as well. "Andam ra gy...

GENEVA -Negotiations began on Monday between U.N. officials and Russian Deputy Foreign Minister Sergei Vershinin on a possible extension to a deal allowing the safe export of grain from Ukraine's Black Sea ports, the Russian diplomatic mission in Gene...

The Federal Deposit Insurance Corp on Monday named former Fannie Mae head Tim Mayopoulos as the chief executive officer of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group. He steps in after regulators shuttered the startup-focused len...

LAOAG CITY, Ilocos Norte—Inflation rate in the Ilocos region declined to 8.3 percent in February from 9.3 percent in January due mainly to slower increases in the prices of basic necessities such as food and utilities, according to the latest report...

Daniil Medvedev, no fan of the slow hard courts of Indian Wells, nevertheless came out on top in a back-and-forth battle with Ilya Ivashka on Sunday to push his ATP win streak to 16 matches.Medvedev, the world number six who is coming off three straight t...

LAPU-LAPU CITY, Philippines — By April, the Lapu-Lapu City government will have its own dialysis center for Oponganon patients. This developed after the Lapu-Lapu City government entered into a joint venture agreement with a private firm to establis...

Liverpool forward Mohamed Salah's villa in Cairo was burgled while he was in England, local media reported.TV receivers were stolen from inside the house and police investigations are ongoing. A security source told Egypt's Shorouk newspaper on Su...

MANILA, Philippines -The Securities and Exchange Commission (SEC) is rolling out the second leg of a nationwide roadshow in Cebu to promote alternative capital market fund raising. The corporate regulator plans to hold its next event on March 17 at the Ce...

MANILA, Philippines Ginebra San Miguel Inc. (GSMI), the spirits arm of food, drinks and infrastructure conglomerate San Miguel Corp., posted record profits in 2022 on strong sales. In a statement on Monday, the company said net income rose 9 percent to P4...

BEIJING Chinese Premier Li Qiang sought to reassure the country's private sector on Monday, saying the environment for entrepreneurial businesses will improve and that equal treatment would be given to all types of companies. Li, the former Communist ...

CEBU CITY, Philippines — Cebu Gov. Gwendolyn Garcia orders to temporarily stop all culling activities in Carcar City where the first cases of African Swine Fever (ASF) have been detected. Garcia held a meeting with the province's mayors on Monda...

MOSCOW Russia's industry ministry said on Monday it was expanding its list of brands that can be imported without the trademark owner's permission to include goods from companies such as IKEA and American toy manufacturers Hasbro and Mattel. Mosco...

MANILA, Philippines — Some senators protested on Monday China's warning against the Philippines strengthening military alliance with the United States. "We have every right, as with China and any sovereign nation, to pursue a foreign policy ...

LONDON A cap on revenue and the lack of the kind of incentives offered to oil explorers are blocking the development of renewable energy in Britain, say industry officials who are pressing for changes ahead of this week's budget. The British governmen...

MANILA, Philippines — To increase tourist visitors from the heart of Europe, Department of Tourism (DOT) Secretary Christina Frasco met with stakeholders in Germany to discuss marketing and connectivity. According to Frasco, they met with some 20 to...

CEBU CITY, Philippines — Senior keglers strut their wares on Sunday evening's Sugbuanon Bowlers United (SUGBU) Bowler of the Month qualifying tournament at the SM Seaside City Cebu Bowling Center. This was after all of the top three keglers in t...

BEIJING Oil prices ticked up in Monday's Asian trade, reversing a weak start as a recovery in Chinese demand and a weaker dollar provided support to a market rattled by the prospect possible further U.S. interest rate increases. After initially slippi...

The British government has written to Olympic sponsors urging them to pressure the International Olympic Committee (IOC) over its proposal to allow Russians and Belarusians to compete at next year's Paris Games, British media reported on Saturday.The ...

ILOILO CITY---Paul Lee took pride in the competitive nature of Sunday's PBA All-Star Game that saw Team Japeth prevailing over Team Scottie before a packed crowd at City of Passi Arena here."It's a good feeling that we were able to give the fa...

HONG KONG, China -Equity markets were mixed Monday as US pledges to backstop troubled lenders helped soothe concerns about the US financial sector following the closure of two banks over the weekend. The collapse on Friday of Silicon Valley Bank, which sp...

Orange Brutus, Cebu's first favorite fast food chain, opened its 20th branch at the Food Court in Gaisano Country Mall, Banilad Cebu City. Known for its Sizzling Burger Steaks and Chicken Brutus, Orange Brutus has satisfied Cebuano's sizzling crav...