South East Asia

CEBU CITY, Philippines—Prayboys and Impextic Tech Support finally logged wins in the Mandaue's Pride Basketball Association (MPBA) Summer Cup on Sunday evening, March 12, 2023, at the Cebu Port Authority Gym. Prayboys routed Boleros, 101-80, whi...

SINGAPORE Investors scrambled to pull down global rate expectations on Monday and abandoned wagers on steep U.S. hikes next week, reckoning the biggest American bank failure since the financial crisis will make policymakers think twice. On Sunday, the U.S...

MANILA, Philippines — The five policemen who are part of the security detail of Negros Oriental Governor Roel Degamo must explain their absence on the day he was killed, Philippine National Police chief Rodolfo Azurin Jr. said on Monday. Five out of...

CEBU CITY, Philippines—Batch 2009 and Batch 1997 continued their winning ways in the Don Bosco Cebu Alumni Basketball League 2023 as they remained unbeaten after chalking up victories over the weekend at the Don Bosco Gym in Punta Princesa. Batch 20...

MANILA, Philippines — Negros Oriental Rep. Arnolfo "Arni" Teves Jr. is ready to return to the Philippines and face allegations that he was behind the brazen killing of Gov. Roel Degamo, but his legal team said Monday that the security of the...

JPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monda...

CEBU CITY, Philippines — Police in Cebu City are now tracing the identities of the people who left a three-month-old baby in an abandoned vehicle in Brgy. Labangon. Authorities confirmed finding a female infant inside a multicab in Sitio Capucolan, ...

LONDON -HSBC said on Monday it is acquiring the UK subsidiary of stricken Silicon Valley Bank for 1 pound, rescuing a key lender for technology start-ups in Britain. "This acquisition makes excellent strategic sense for our business in the UK," HS...

BEIJING China unexpectedly kept its central bank governor and finance minister in their posts at the annual session of the rubber-stamp parliament on Sunday, prioritizing continuity as economic challenges loom at home and abroad. President Xi Jinping, who...

MANILA, Philippines -The Philippine government's financing position fell by 13 percent in 2022, with net inflows totaling just P1.97 trillion compared with P2.25 trillion a year ago, partly because the sovereign skipped the euro bond market for the fi...

MANILA, Philippines Local fish catch in the first two quarters of 2023 may dwindle as many fisherfolk have yet to resume fishing following the oil spill in Mindoro, according to fisherfolk group Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pama...

MANILA, Philippines Independent energy company Matahio Energy has acquired NPG Pty. Ltd. in a bid to continue its expansion in Southeast Asia and produce more oil in the Galoc oil field. In a statement, Matahio said its acquisition of NPG Pty. Ltd., which...

WASHINGTON/SINGAPORE U.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank threatened to trigger a broader financial crisis. After a dramatic weekend, regulators said t...

CEBU CITY, Philippines — A motorcycle driver who tried to avoid a small pothole on the road, swerved to the opposite lane, and crashed instead into another motorcycle traveling on that side of the road in Barangay Lagtang, Talisay City at nearly 6 a...

LONDON A would-be buyer for the UK arm of failed U.S. lender Silicon Valley Bank (SVB) stepped forward on Sunday as British Prime Minister Rishi Sunak said his government was working to limit any fallout for companies from the bank's demise. Bank of L...

Jalen Williams racked up 21 points and 10 assists and Josh Giddey added 15 points and 11 rebounds as the visiting Oklahoma City Thunder defeated the San Antonio Spurs 102-90 on Sunday to stay in the hunt for a spot in the postseason.The Thunder swept a ro...

MANILA, Philippines — The mastermind of the brazen killing of Negros Oriental Governor Roel Degamo is believed to be a former soldier, Joint Task Force Negros spokesperson Maj. Cenon Pancito III said on Monday. Pancito, who spoke on behalf of the 50...

RJ Barrett scored 13 of his 30 points in the fourth quarter and the New York Knicks stopped a three-game losing streak by holding on for a 112-108 victory over the host Los Angeles Lakers Sunday night.Julius Randle led the Knicks with 33 points after shoo...

Joel Embiid had 34 points, eight rebounds, four assists and four blocked shots to lift the host Philadelphia 76ers past the Washington Wizards 112-93 on Sunday.It was Embiid's sixth straight game with at least 30 points. James Harden added 18 points a...

Trey Murphy III scored a career-high 41 points and led a barrage of 3-pointers as the host New Orleans Pelicans routed the Portland Trail Blazers 127-110 on Sunday night.Murphy, in his second season, made 13 of 20 field-goal attempts, including a career-h...

See below Chinabank's Notice of Annual Stockholders' Meeting 1 of 2: ADVT. The post Chinabank Notice of Annual Stockholders' Meeting 1 of 2 appeared first on Inquirer Business ....

Mikal Bridges scored 25 points, Spencer Dinwiddie had 15 points and 16 assists and the visiting Brooklyn Nets beat the Denver Nuggets 122-120 on Sunday.Nic Claxton had 20 points, Dorian Finney-Smith scored 15, Cameron Johnson added 14, Seth Curry had 12 p...

A wave of relief swept over Silicon Valley Sunday following a tense weekend of board meetings, emergency funding plans and pleas for help after regulators stepped in to backstop the region's embattled namesake bank. Banking regulators said Sunday even...

MANILA, Philippines — The pump price of gasoline will increase by P1 per liter, while those of diesel and kerosene will be rolled back by P0.10 and P0.60 per liter, respectively, effective Tuesday, March 14. In separate advisories, local oil firms a...

CEBU CITY, Philippines — At least two men sustained gunshot wounds when a shooting incident occurred in Borbon town in northern Cebu last Sunday, March 12. Police in Borbon confirmed arresting a 38-year-old man accused of firing his gun unprovoked p...

MANILA, Philippines Expedite the evaluation of public-private partnership (PPP) projects. Develop a new international port in Iloilo. Adopt a water tariff system based on affordability. Connect small power utilities to the national grid. These were among ...

MANILA, Philippines -Business communications and IT support and management firm GoTo, which owns remote software GoTo Meeting and password management program LastPass, is bullish on growing its Philippine portfolio this year, owing to rising demand brough...

MANILA, Philippines -The construction of two farm-to-market roads (FMR) designed to enable the seamless delivery of food products to consumers in Calabarzon has commenced, the Department of Agriculture's (DA) Philippine Rural Development Project (PRDP...

WHACK!!! A swift and solid kick had just been delivered straight to the center of my right gluteus maximus. I was doing my afternoon rounds with the residents and happened to have insinuated myself in the space between two beds to better perform a physica...

MANILA, Philippines -Grab Philippines is ramping up efforts to onboard more driver-partners following the opening of new transport network vehicle service (TNVS) slots to cater to increasing demand for ride-hailing services. In a statement on Friday, the ...

Surigao del Norte Second District Representative Robert Ace Barbers recently filed an AI Bill for the Phlippines. House Bill #7396 proposes the creation of the Artificial Intelligence Development Authority (AIDA), which is "responsible for the develop...

The crypto exchange platform Coins launched the country's first-ever VR Avatar Studio to help Filipinos tap the opportunities of the metaverse. On January 19, 2023, Eprom Galang, Coins general manager, said it lets people turn their NFTs' Profile ...

MANILA, Philippines—Carlos Edriel Yulo struck another gold by topping the men's vault final at the end of the FIG Artistic Gymnastics World Cup Series in Baku, Azerbaijan on Sunday. Coming off a victory in the parallel bars on Saturday, Yulo ave...

MANILA, Philippines — The Chinese Embassy in Manila on Sunday warned the Philippines against opening up additional sites under its Enhanced Defense Cooperation Agreement (Edca) with the US government, saying this will drag the country into "the ...

DUMAGUETE CITY—"Face the accusations." The family of Negros Oriental Gov. Roel Degamo made this appeal to his political rival, Rep. Arnolfo "Arnie" Teves Jr., who has been implicated in the March 4 murder of the governor and eight ot...

MANILA, Philippines — Elementary and high school students in private schools nationwide suffered learning losses in mathematics and science because of disruptions to their studies caused by the COVID-19 pandemic, according to the results of a recent...

The Philippine Coast Guard (PCG) has announced that it had located the sunken MT Princess Empress in the municipal waters of Pola town in Oriental Mindoro. "The National Mapping and Resource Information Authority (Namria) has located the tanker. The N...

CITY OF SAN FERNANDO, Pampanga, Philippines — The leader of the surviving victims of sexual slavery during the Japanese occupation is appealing to President Ferdinand Marcos Jr. to immediately seek reparations from Japan on their behalf. A committee...

The Duterte administration's failure to include the Department of Health (DOH) in the negotiations for the purchase of COVID-19 vaccines may have caused the problems that ensued in the government's vaccination drive, Sen. Francis Tolentino said on...

Experts and environmental advocates have called on the government to stop all land reclamation and seabed quarrying projects in Manila Bay, saying the activities threaten the marine ecosystem and survival of the people in the area. Based on the data from ...

MANILA, Philippines — The government should lift the suspension of oil and gas exploration projects in the West Philippine Sea, particularly in Service Contracts (SC) 72 and 75 which are both located within the Philippines' exclusive economic zo...

In July last year, Mary Jonathan "Jona" de Vera Beltran, 35 years old and a mother of two, woke up with a severe headache and unable to move one of her feet. A month later, she experienced shaking all over her body and vomiting, leading to her con...

Two Chinese nationals were arrested in Pasay City on Friday for pretending to be doctors. The suspects were identified by the Southern Police District as Yang Yongsheng, 53, and Liu Yong, 49. The arrest stemmed from a complaint by 26-year-old Chinese nati...

While National University (NU) and Adamson University now stand on equal footing after quickly dismantling respective challengers on Sunday, the Lady Bulldogs would rather put themselves first than be shaken by tough concerns surrounding a coming clash wi...

The Marinduque Water District has awarded a contract for the supply of 29.2 million liters of potable water to the whole province to Pasig City-based Peak Off-Grid, Innovations and Solutions, Inc. Under the contract, the company will supply 240,000 inhabi...

PASSI CITY, ILOILO---Three-point champion Paul Lee has proven himself to be one of the Philippine Basketball Association's (PBA) premier shooters---regardless of how far the distance is.It was evident how he won the side event of the PBA All-Star Week...

MANILA, Philippines — Eighty-six of the 1,454 new cases of the human immunodeficiency virus (HIV) reported in January were children and teenagers, according to the Department of Health (DOH). HIV leads to a condition characterized by the weakening o...

PASSI CITY, ILOILO---Arwind Santos remembers the high he got from just seeing all-time PBA great Ato Agustin gracing a local league he was playing in then as a teen.That moment was seared into his mind and has served as a compass throughout his pro career...

Midfielder Daniel Gadia made up for his absence in the previous game with a stunning late goal as Dynamic Herb Cebu Football Club (FC) turned back the Azkals Development Team (ADT), 2-1, last Saturday night to close in on leader Kaya FC Iloilo in the Phil...

Thirty-four projects that the government will pursue in partnership with the private sector have been added to 13 public-private partnerships (PPP) projects started during the Duterte administration to account for a combined one-fourth of the Marcos admin...