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Manila Times Business
Worst of inflation may be over for PH
SURGING inflation appears to have run its course, Nomura Global Research said, but underlying pressures are expected to keep the Bangko Sentral ng Pilipinas (BSP) on track for further interest rate hikes this year. In its latest Asia Economic Monthly report, Nomura said that easing global oil prices were beginning to pull down headline inflation, although core inflation — which strips out volatile food and energy prices — continues to climb as earlier increases in fuel costs filter t
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14 countries show solidarity on arbitral ruling anniversary
THIRTEEN countries on Sunday joined the Philippines in reasserting that China’s expansive claims in the South China Sea are illegal based on a 2016 arbitration ruling. The group affirmed their solidarity in a joint statement they issued on the 10th anniversary of the ruling by a tribunal established in The Hague under the United Nations Convention on the Law of the Sea (Unclos), saying the landmark decision “is final and legally binding.” In a separate statement, the 27-nation
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14 countries show solidarity on arbitral ruling anniversary14 countries show solidarity on arbitral ruling anniversary
THIRTEEN countries on Sunday joined the Philippines in reasserting that China’s expansive claims in the South China Sea are illegal based on a 2016 arbitration ruling. The group affirmed their solidarity in a joint statement they issued on the 10th anniversary of the ruling by a tribunal established in The Hague under the United Nations Convention on the Law of the Sea (Unclos), saying the landmark decision “is final and legally binding.” In a separate statement, the 27-nation
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Alex Eala returns home after historic Wimbledon run
TENNIS ace Alexandra "Alex" Eala returned home Sunday after a historic run at Wimbledon in London, where she became the first Filipino singles player to reach the tournament’s round of 16. Eala was welcomed at the Ninoy Aquino International Airport (NAIA) by officials from the Philippine Tennis Association (Philta), Philippine Sports Commission (PSC), and Philippine Olympic Committee (POC), along with a group of young Filipino athletes and fans. Accompanying Eala and her parents Mike and R
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AC Health pursues acquisitions for hospital growth
AYALA Healthcare Holdings, Inc. (AC Health), which operates hospitals and clinics under Healthway Medical Network (HMN), said it has several hospital acquisition targets in the pipeline and hopes to announce at least one deal within the year, while planning to open three to five clinics annually over the next three to five years. “For now, […]
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Eala hits career-high No. 28 in WTA rankings
FILIPINO tennis ace Alexandra "Alex" Eala is set for a new career-high rank of No. 28 once the Women's Tennis Association (WTA) updates its official rankings on Monday. Eala, whose previous career-best ranking was No. 29 last March, sports a total of 1,666 points following her historic Wimbledon run where she became the first Filipino singles player to reach the grass major round of 16 in both the amateur and Open Era. Looking at the live rankings, Eala owns identical total ranking points as Ana
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SM governance, sustainability leadership recognized by HK-based Alpha Southeast Asia at 16th annual poll
SM Investments Corp. (SMIC), the parent company of the SM Group, was recognized by Hong Kong-based investment publication Alpha Southeast Asia for its corporate governance and sustainability reporting, reflecting the confidence of investors and analysts in how the company is managed and how it reports its performance. In the publication’s 16th Annual Poll of Southeast Asia’s Top Companies, SM Investments was named the Philippines’ Best in Strategic CSR and ESG Reporting. The co
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Villanueva calls for better disaster preparedness
SEN. Joel Villanueva urged concerned government agencies to strengthen disaster preparedness and ensure the timely delivery of assistance to affected communities as the typhoon season starts. Villanueva said on Sunday the government should preposition relief goods, ensure the readiness of evacuation centers, and enhance coordination with local government units and other response agencies. He also called on agencies to continuously review their contingency plans, improve early warning and communi
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Megawide eyes more housing projects in Cavite, Bulacan
MEGAWIDE Construction Corp. plans to expand its horizontal residential developments in Cavite and Bulacan, the listed engineering and construction company’s top official said. “Our subsidiary, we are focusing on socialized housing, affordable and horizontal housing (projects) such as the Southscapes. We will be launching more new projects in the southern part area like Cavite and […]
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Govt must not waver in protecting seafarers
THE Philippines has kept its standing as the world’s biggest supplier of mariners, based on the 2026 Seafarer Workforce Report issued by the Baltic and International Maritime Council (Bimco) and the International Chamber of Shipping (ICS). The report, considered the most comprehensive assessment of global supply of and demand for seafarers, noted that the country supplied 203,179 officers and 256,968 crewmembers, ahead of India, China, Russia and Indonesia. The five countries make up 56.25
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Johnson bags silver medal in Asian U23A
A DAY after establishing the new national record in the women's 400m run, Filipino-American Naomi Kayla Johnson posted a silver medal finish at the 1st Asian U23 Athletics Championships in Ordos, China, Saturday night. Johnson placed second in the final with 52.34 seconds, just 0.24 seconds short of the Philippine record she set during the heats on Friday. Uzbek Jonbibi Hukmova logged 51.19 seconds to win the gold medal, while Jithma Shenari Gamage timed 53.10 for the bronze. A UCLA standout, Jo
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SSS taps tech firm to boost microloans
THE Social Security System (SSS) has tapped Standard Economics, a California-based technology company, to help develop a microloan program that will provide members with “faster, safer, and more affordable access to short-term financial assistance.” SSS President and CEO Robert Joseph de Claro said on Sunday that he led other key agency officials in signing a memorandum of understanding (MOU) and a non-disclosure agreement with Standard Economics President and CEO Evan Stanley Jones
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Two die in Iloilo due to monsoon rains enhanced by Typhoon Inday
TWO persons died in separate incidents in Iloilo province as heavy rains brought by the southwest monsoon, enhanced by Typhoon Inday, brought heavy rains in Western Visayas over the weekend. One of the fatalities was Placido Tabalina, 68, a farmer from Sitio Sidlangan, Barangay Nagba, Tubungan, who was buried by a landslide before dawn on July 12. Initial police investigation showed that Tabalina was sleeping inside his hut when continuous heavy rains triggered a landslide that buried the struct
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Winzir unveils biggest anniversary giveaway with BYD Sealion 5, Honda motorcycles
AS online entertainment continues to evolve in the Philippines, customer engagement has become more than just offering games and promotions. For its fourth anniversary, Winzir is elevating the celebration by introducing its largest customer appreciation campaign to date, a weeklong series of events designed to recognize the loyalty and support of its growing community. The anniversary celebration begins with Color Run 2026 on July 18, an event that combines fitness, entertainment, and rewarding
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Converge shares fall on PSEi exclusion concerns
SHARES of Converge ICT Solutions, Inc. declined week on week amid concerns over its possible exclusion from the Philippine Stock Exchange index (PSEi), while weaker economic growth forecasts also weighed on market sentiment, analysts said.
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Arbitration led to China’s building of the largest military complex in the SCS
First of two parts TEN years on, the National Security Council still calls the 2016 arbitral ruling a triumph. Former magistrate Antonio Carpio, one of the suit’s architects, praised it as the “largest award of the global commons in the history of Unclos.” President Marcos, the other day, called the ruling “the great equalizer of all nations.” The extreme adulation over a ruling most of the world, even the United Nations have ignored, and not a single provision of w
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MSMEs regional summit held to boost economy
CITY OF ILAGAN, Isabela — In a bid to help boost micro, small and medium enterprises (MSMEs), government agencies have launched the 4th Regional Summit 2026 at the Capital Arena on July 6 here. In pitching for assistance to small businesses, Trade and Industry Regional Director Sofia Narag said the summit has been in line with the One DTI Services Caravan, which brings together local traders, government agencies, cooperatives, and business enablers to network and scale local enterprises li
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Tolentino rejects claim Batanes belongs to China
LABOR Secretary Francis Tolentino has strongly rejected the claim of Chinese academics that Batanes belongs to China through Taiwan, calling the assertions a form of “lawfare” and historical revisionism aimed at undermining Philippine sovereignty. Tolentino, a long-time advocate of Philippine maritime rights and principal author of the Philippine Maritime Zones Law, said that the claim, which surfaced during a symposium in Guangzhou on June 30, had no basis in history, law, or actual
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UST, St. John’s gun for 2-0 in Shakey’s Juniors
GUEST team Perfect Set Dream Makers seek a strong introduction in a busy 2026 Shakey’s Juniors National Invitationals Monday playdate at the Playtime FilOil Arena in San Juan. The California-based Dream Makers debut with back-to-back games against One La Salle and University of Santo Tomas, respectively, as thrilling high school volleyball action resumes after a one-day break. Arellano University High School and Pusong Azul open hostilities in the tournament backed by Shakey’s Pizza
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Wing.ph rewards daily loyalty with new log-in wheel
WING.PH has launched its new Daily Log-in Wheel, introducing a simple yet engaging feature designed to reward members for their continued support. By logging into their accounts each day, registered users can spin the wheel for a chance to win rewards worth up to P100, adding a new layer of excitement to the daily online gaming experience. The launch reflects Wing.ph’s continued investment in customer-focused initiatives that encourage consistent platform engagement while providing members
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Meralco: Customers with pending billing disputes won’t be disconnected
POWER distributor Manila Electric Co. (Meralco) clarified on Sunday that customers with pending billing disputes will not have their electricity service disconnected while their cases are under review. “We would like to clarify that electricity service of Meralco customers with pending billing concerns will not be disconnected while their cases are under investigation,” Meralco Vice-President […]
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Objectioaoth bane and boon!
IN the first week of the trial of the decade — the impeachment trial of Vice President Sara Duterte — viewers were treated to typical courtroom drama: offer of testimonial evidence, the direct examination of the witness, objections, ruling on objections, cross-examination, re-direct and re-cross examination. But people are impatient. They want to hear the story. They want the sordid details, and they want all these quickly. Forthwith! Thus far, both impeachment managers (the prosecut
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PH batters to open World Cup bid vs JapanA DAUNTING task right away for a world stage debut
The Philippine women's baseball team will open its World Baseball Softball Confederation (WBSC) World Cup campaign against 7-time reigning champ Japan on Aug. 23 at the Secondary Field of the Asia Pacific International Baseball Complex (Aspac) in Tainan. WSBC released on Friday the schedule of the Group Tainan games in Taiwan, where world No. 21 Philippines, No. 1 Japan, No. 5 Venezuela, No. 7 Cuba, No. 15 Great Britain, and host No. 6 Taiwan belong. After Japan, the Philippines will continue it
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