But while the Philippines was the most vociferous claimant of a portion of the South China Sea, it was also the weakest link because of its fragile democracy. That was proven when President Duterte took power. Xi Jinping andRead more
Subic-BlogA worker counts U.S. dollar bills inside a money changer in Metro Manila, Philippines February 7, 2018. REUTERS/Romeo Ranoco. Rajiv Biswas, Asia Pacific chief economist for IHS Markit, isn't worried by gaps in the current account, saying “it's notRead more
Subic-BlogFilipino boxing champion Jerwin Ancajas is back home fresh off his title defense at American Bank Center in Corpus Christi, Texas, USA. Ancajas landed at NAIA Terminal 1 on Wednesday morning, coming off a two-week trip to the UnitedRead more
Subic-BlogWASHINGTON – The United States should have stopped Beijing from constructing military installations in the South China Sea from the start, particularly in areas within the 200-mile exclusive economic zone of the Philippines, said ambassador Jose “Babe” Romualdez. “NowRead more
Subic-BlogScientists from the United States, Japan and South Korea have surveyed it many times. Since 2000, the Philippines has granted about 30 foreign licenses to survey the area. The Philippine Rise is different from the South China Sea, anRead more
Subic-BlogMANILA, Philippines — The stock barometer recovered from steep losses to finish lower on Tuesday as another equity sell-off in the US ricocheted across the globe. The bellwether Philippine Stock Exchange index dropped 0.79 percent or 65.58 points toRead more
Subic-BlogMANILA (Feb 6): The Philippine unit of Del Monte Pacific Ltd plans to raise up to US$ 324 million through a public share sale to pay existing loans, the company said on Tuesday. The pineapple producer sought for theRead more
Subic-BlogThis photo taken July 23, 2013, show the US Capitol in Washington. (AP Photo/J. Scott Applewhite). WASHINGTON — House Republican leaders are grappling for a strategy to avert another US government shutdown at midnight Thursday. They scheduled a closed-doorRead more
Subic-BlogHe said the government cannot do anything about China's actions in the West Philippine Sea except to rely on China's promise that they will not reclaim anymore new artificial islands in the disputed waters. “So what do you wantRead more
Subic-Blog"US equities suffered their largest one-day decline in a year on Friday, contributing to the worst week for the S&P500 in around two years…Markets in Asia also opened lower in response to the weak overnight markets," Marita Limlingan, presidentRead more
Subic-BlogAE: In some countries, Philippine pesos can't be converted to the local currency, so before you leave, it's better to be ready with some foreign currency. I suggest getting the foreign currency you need from banks of legitimate moneyRead more
Subic-Blog“Potentially divergent monetary policies of advanced economies would likely trigger bouts of volatility in the financial markets,” Espenilla said, explaining that since small open economies like the Philippines were price takers rather than price setters, tighter monetary policy abroadRead more
Subic-BlogLast week, the PSEi succumbed to profit-taking after a global bond selloff which caused the 10-year US treasury yield to rise to a four-year high of 2.80 … Last week's close at 8,810.75 suggests that the benchmark Philippine StockRead more
Subic-BlogU.S. Senator Tom Carper, the top Democrat on the Senate Environment and Public Works Committee, said it was “abundantly clear very early on” that heading the Council on Environmental Quality wasn't the right job for White. Carper called withdrawingRead more
Subic-BlogMANILA, Philippines — There is more to Dubai than just amazing architecture, soaring skyscrapers, colossal hotels and sprawling malls, plus … made us feel like we just stepped through a portal to centuries past – as if the museumRead more
Subic-BlogVapers in the Philippines hailed a recent policy paper from the US Food and Drug Administration (FDA) stating that nicotine, although not totally risk-free, was not directly responsible for fatal lung and heart diseases. In a recently published paper,Read more
Subic-BlogCORPUS CHRISTI – IBF superflyweight champion Jerwin Ancajas is out to make an explosive impression in his US debut against Israel Gonzalez at the 10,000-seat American Bank Center here this morning (Manila time) but the Mexican challenger is justRead more
Subic-BlogThe sweeping review of U.S. nuclear policy does not call for any net increase in strategic nuclear weapons a position that stands in contrast to President Donald Trump's statement, in a tweet shortly before he took office, that theRead more
Subic-BlogSanofi Pasteur has stopped producing Dengvaxia and said it would reimburse the Philippines US$ 22.5 million for unused vaccine supplies. Disclosures over Dengvaxia triggered a public furore in the Philippines late last year, prompting criminal and other investigations. SomeRead more
Subic-BlogThrough this partnership, Philab will offer Veritas' whole genome sequencing kits in the Philippines and the rest of Asia Pacific outside China for $ 999 (P51,000). Company officials expect the price to go down to about $ 100 perRead more
Subic-Blog