DILIMAN, Quezon City — The Social Security System (SSS) is expecting to exceed its net income before the year ends by reaching more than ₱100 billion on the back of higher investment earnings and improved collection efficiency. “So definitely, we’ll reach the P100 billion mark in net income for 2025. We estimate that in terms…
Clark, Pampanga—Positioning the Philippines as a premier golfing destination, the Department of Tourism (DOT) officially launched the first-ever Philippine Golf Experience (GolfEx) on Friday (August 29) at Clark, Pampanga, one of the country’s emerging golf and leisure hubs—marking a major step in integrating golf into the country’s tourism agenda. GolfEx is a pioneering initiative of…
South Korean chipmakers are facing growing concerns as the U.S. administration plans to introduce a stricter export control mechanism for Samsung Electronics Co. and SK hynix Inc., in addition to its hefty tariff scheme, according to industry watchers Saturday. On Friday (U.S. time), the U.S. Commerce Department announced a plan to strip the two Korean…
Samsung Electronics Co. ranked first in the Indian TV market in the first half of 2025, data showed Sunday, backed by robust sales of large-sized premium models. The South Korean tech giant accounted for 23.8 percent of the market during the January-June period, maintaining the top spot since 2017, according to data compiled by global…
Trainee doctors who quit their jobs in protest of the previous administration’s increase of medical school admissions are set to return to hospitals this week, raising hopes of easing the medical service vacuum, industry sources said Sunday. Their return on Monday comes after the second-half recruitment process mostly wrapped up last week, with the exact…
Chinese President Xi Jinping is hosting a summit Sunday of global leaders in the northern city of Tianjin for the Shanghai Cooperation Organization (SCO), state-run Xinhua News reported. Xi held bilateral talks with various leaders, including Indian Prime Minister Narendra Modi, Belarusian President Alexander Lukashenko, Azerbaijani President Ilham Aliyev, Maldivian President Mohamed Muizzu and Armenian…
Two people have died in the US state of Louisiana after contracting flesh-eating bacteria from consuming contaminated raw oysters, NBC News reported over the weekend. The deaths were confirmed during a meeting of the Louisiana Oyster Task Force, which reviewed recent data on illnesses linked to the consumption of oysters from the state. One of…
The local government of Cagayan de Oro credited the City Disaster Risk Reduction Management Department (CDRRMD) for the successful month-long Higalaay Festival. Jann Guillmore Actub, spokesperson for the City Mayor’s Office, said all CDRRMD personnel, led by department head Nick Jabagat, were fully deployed at festival activities to monitor rainy weather and emergencies. “They were…
The Negros Oriental Chamber of Commerce and Industry (NOCCI) has opposed petitions for a wage increase this year, citing the province’s low inflation rates. NOCCI president Edward Du told the Philippine News Agency that it would be unfair for the business sector to agree to a wage adjustment when commodity prices have declined. “We believe…
Authorities arrested three high-value individuals (HVIs) in Barangay Rio Hondo, Zamboanga City, on Sunday, seizing approximately PHP605.2 million worth of suspected shabu. The suspects, identified by their aliases as Wang Yu, 53; John Michael, 27; and Alshareif, 41, were apprehended following a chase after evading a police checkpoint at around 7:47 a.m. The Special Operations…