Philippines

MANILA: Considering the challenges that the global economy is facing, the Philippine central bank said that it expects the country’s current account deficits to be larger in 2022 and 2023 than they originally had predicted. The Bangko Sentral ng Pilipinas (BSP) revised its balance of payments (BOP) projections and had estimated a current account deficit of over 19.1 billion dollars …

METRO MANILA: On Sunday night, the Philippine Consulate General in New York and the family of a visiting Filipino lawyer who was wounded in a random act of violence in Philadelphia, Pennsylvania, USA confirmed that the lawyer, Atty. John Laylo, is still struggling for his life and begged for prayers. Laylo had already been fatally shot. He and his mother …

PHILIPPINES: Sara’s inauguration was place near significant Davao City monuments, including the city hall, where she served as mayor for three times, the legislative building, and the Davao Cathedral. By Friday, June 17, preparations in the area were well underway, with most of San Pedro Street and parts of Bolton Street closed to traffic. Between talks with diplomats and supporters, …

Philippines – The driver who ran over a protection shield directing site visitors close to a mall in Mandaluyong City did not show up on the initial listening to of the homicide grievance filed in opposition to him earlier than the prosecutor`s workplace. Jose Antonio Sanvicente, who fled and went into hiding after the incident, turned into represented with the …

PHILIPPINES: The board of the Philippines’ largest casino has announced that it is suing Kazuo Okada, a Japanese businessman, and his accomplices for coercion and other wrongdoings in the casino’s “violent and unlawful” takeover. Okada’s camp has taken physical possession of the Okada Manila casino since May 31 with the help of private security guards and local police. The decision …

PHILIPPINES: Groups campaigning for energy sector changes urged President-elect Ferdinand Marcos Jr. to pick the country’s next energy secretary with prudence. The Institute for Power Sector Economics (IPSEC), based in Mindanao, said on Thursday, June 16, that the next Secretary of Energy should be able to steer the country toward renewable energy dependency in the future years. IPSEC director Dave …

Philippines – The Metropolitan Manila Development Authority (MMDA) has announced that it will strengthen rules regarding the use of electric bicycles and scooters. We will do this because of the increasing number of motorbike accidents. Victor Núñez, MMDA’s Department of Traffic Discipline, said authorities were tolerant of enforcing regulations on the use of electronic bicycles due to the lack of …

Philippines – Many international affairs analysts believe that the new administration of President-elect Ferdinand “Bongbong” Marcos Jr. should pursue multilateral relations for better economic interests and national security. They said  Marcos should review the partnership built by  President Rodrigo Duterte’s government, learn from them, and use the lessons learned to form a new foreign policy. “We must involve multilateral institutions …

Philippines – A businessman in an SUV was shot dead  here on a motorcycle on Tuesday afternoon. Jovito Pastrana, Deputy Chief of Lieutenant Police Station 2, identified the victim as Jeffrey Espeleta Keng Seng, 40 years old. 5. The victim who was injured by multiple ammunition was B.S. I managed to drive west until I entered the vacant lot at …

Philippines – In the latest press conference, driver and registered vehicle owner Jose Antonio San Vicente apologized to the incident and  victim  guard Christian Joseph Floralde. “I apologize to Nangali. I apologize to Mr. Floralde to Sakanyan Pamiria (I apologize to Mr. Floralde and his family for what happened),” he said. San Vicente personally surrendered to  Lieutenant  Vicente Danao Jr., …