AFP declares red alert in camps ahead of Monday’s elections
May 10, 2019
All military units and camps nationwide were placed under red alert three days before the 2019 mid-term election. Col. Noel Detoyato, Armed Forces of the Philippines (AFP) public affairs chief said AFP Chief of Staff General Benjamin Madrigal Jr. declared
Palace counters “prophets of doom”: GDP growth target attainable
May 10, 2019
Malacañang has expressed optimism that the government could still achieve its target economic growth for this year despite a lower gross domestic product expansion in the first quarter. In a statement issued late Thursday, Presidential Spokesperson Salvador Panelo said the
Philippines issues 8-year euro-dominated global bonds
May 10, 2019
The Philippines returned to the international capital markets with its offering of 750 million euros of 8-year global bonds, the Department of Finance ( DOF) said Friday. The bonds are expected to be rated Baa2 by Moody’s, BBB+ by Standard
Strong quake jolts Japan’s Miyazaki Prefecture
May 10, 2019
Tokyo–A strong earthquake with an estimated magnitude of 6.3 rocked Miyazaki Prefecture, southwestern Japan, on Friday. The quake, which hit at 8:48 a.m. (11:48 p.m. Thursday GMT), measured lower 5 on the Japanese seismic intensity scale of zero to 7
Japan, S. Korea arranging meeting of defense ministers
May 10, 2019
Tokyo–Japan and South Korea are arranging a meeting of their defense ministers in Singapore for June, informed sources said Thursday. It would be the first such meeting between the Asian neighbors since the December 2018 incident in which a South
Japan conducts joint naval exercise with U.S., India, Philippines
May 9, 2019
Tokyo–Japan has conducted a naval exercise with the United States, India and the Philippines in the East China Sea and South China Sea, the first joint drill involving the four countries, the Japanese Maritime Self-Defense Force said Thursday. The exercise,
Stock index, peso down
May 9, 2019
Stocks and the peso fell on Thursday as Philippine first quarter came in at its lowest in four years. The Philippine Stock Exchange ( PSE) index finished 171.07 points lower to P7,755.62. In the broader market, there were 109 decliners,
Duterte skips HNP’s campaign caravan
May 9, 2019
President Rodrigo Duterte did not show up in the campaign caravan of the Hugpong ng Pagbabago’s backed senatorial candidates in Davao City. Davao City Mayor Sara Duterte-Carpio announced before the crowd at San Pedro Square that her father would no
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