MANILA: Fitch Solutions unit BMI on Thursday said interest rate cuts in the United States will pave the way for a rebound in the peso which has so far weakened by nearly 6.2 percent.

“Constant repricing of interest rate expectations in the US has led…

TACLOBAN CITY: Department of Health (DOH) Secretary Ted Herbosa said Thursday changing the name of their agency will be costly, but it is necessary to emphasize both illness and wellness.

Speaking to reporters during the Lab for All medical services …

MANILA: The Philippine National Police – Internal Affairs Service (PNP-IAS) on Thursday warned the public against individuals posing as its agents to extort money as part of their “protection racket.”

IAS inspector general Brigido Dulay issued the wa…

MANILA: The Armed Forces of the Philippines (A.F.P) on Thursday said it is looking into “hardening” its facilities to make these more resistant to hypersonic missile strikes and other forms of attack.

“A missile attack is a possibility, yun nga po, n…

MANILA: Around PHP27 billion is set to be released by the Department of Budget and Management (DBM) on Friday in line with the directive of President Ferdinand R. Marcos Jr. to settle all unpaid claims for the Health Emergency Allowance (HEA) of healt…

MANILA: President Ferdinand R. Marcos Jr. has already approved the military’s “intention” to acquire multi-role fighters (MRFs) to be used in boosting the country’s defensive capabilities, Armed Forces of the Philippines (A.F.P) chief Gen. Romeo Brawn…

BAGUIO CITY: Budget and Management Secretary Amenah Pangandaman is hopeful that lawmakers will approve of the PHP70-billion allocation for the salary increase of state workers in the proposed 2025 national budget.

In a press conference at the sidelin…

MANILA: The Philippines exceeded its Gross National Income (GNI) per capita target for 2023 under the Philippine Development Plan (PDP) 2023-2028 and is on track to becoming an upper middle-income country in the next two years, National Economic and D…