REUTERS The Philippine central bank signaled it will resort to more interest-rate hikes depending on the Federal Reserve’s action, while also considering proactive market interventions to curb currency losses. “Strong dollar is requiring us to have bigger policy rate increases,” Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla said in an interview from New […]Read More

STOCK PHOTO – Pixabay.com SYDNEY — Australia is aiming for a stable relationship with China despite differences, in particular, on trade, Australia’s foreign minister said, as she called on China to use its influence as a great power to help end the war in Ukraine. Australia’s ties with its largest trading partner are at a […]Read More

PHILIPPINE STAR/ MICHAEL VARCAS LONDON — Some of the nations most vulnerable to climate change face a sharp rise in debt service payments in the coming two years, hampering their ability to invest in climate proofing and shoring up their economies, a research report found. The Vulnerable Group of Twenty (V20) — a group of […]Read More

PACIFIC ISLANDS FORUM/FORUMSEC.ORG WASHINGTON — China’s ambitions in the Pacific are a concern for some Pacific Island leaders, White House Indo-Pacific coordinator Kurt Campbell said on Thursday, but a growing US partnership with allies in the region aims to address issues such as climate change, health, and technology links. Mr. Campbell spoke after US Secretary […]Read More

WASHINGTON — The board of the International Monetary Fund (IMF) is expected to approve a new “food shock window” in the next few weeks that will allow the global lender to provide emergency funding to Ukraine, the head of the fund’s European department said on Thursday. Alfred Kammer told a conference hosted by Bloomberg that […]Read More

PRESIDENT Ferdinand R. Marcos, Jr. at the New York Stock Exchange. — OFFICE OF THE PRESS SECRETARY NEW YORK — US President Joseph R. Biden, Jr., and his Philippine counterpart, Ferdinand R. Marcos, Jr., underscored their support for freedom of navigation and overflight in the South China Sea on Thursday, in response to China’s efforts […]Read More

Puregold store promoting sustainability campaign Walking through the aisles of grocery stores, one patent is that most products are packaged with plastics. After all, aside from providing convenience, plastics have brought consumer goods at a cheap cost like those that come in tiny packets. But a great dependence on single-use plastics such as multi-layer sachets […]Read More

A wide variety of fish at the Marikina Public Market. — PHILIPPINE STAR/ WALTER BOLLOZOS THE PHILIPPINE central bank raised benchmark interest rates on Thursday for a fifth time this year to rein in persistently high inflation amid a struggling peso and hawkish US Federal Reserve. The Bangko Sentral ng Pilipinas (BSP) increased its overnight […]Read More

JAPANESE Prime Minister Fumio Kishida (R) met Philippine President Ferdinand R. Marcos, Jr. on Sept. 21. — PHL MEDIA DELEGATION POOL By Kyle Aristophere T. Atienza, Reporter NEW YORK — Japanese Prime Minister Fumio Kishida met Philippine President Ferdinand R. Marcos, Jr. on Wednesday and said he wanted to strengthen cooperation in priority areas such […]Read More

TOWFIQU BARBHUIYA-UNSPLASH THE PHILIPPINES’ healthcare industry is among the most vulnerable to cyberattacks in Southeast Asia, according to Kaspersky. The ProxyLogon vulnerability often attacks the Philippine healthcare sector, Thailand’s government services and Indonesia’s industries, the global cybersecurity company said in its Digital Footprint Intelligence report. ProxyLogon allows threat actors to bypass authentication and execute code […]Read More