The Bangko Sentral ng Pilipinas (BSP) projects inflation for September to settle between 1.5 percent and 2.3 percent. “Upward price pressures for the month are likely to arise from higher prices of rice and fish,” the BSP said in a statement Wednesday. It added that elevated domestic fuel costs are also contributing to inflation. However,…
The Social Security System (SSS) has officially started accepting applications for the MySSS Card, a new identification card that also works as a debit card. SSS President and CEO Robert Joseph Montes De Claro said the MySSS Card, launched on September 8, will replace the Unified Multi-Purpose ID (UMID) and provide members with a safe…
The Philippine economy is projected to stay resilient despite weaker performance in the first half of 2025 and external headwinds, the International Monetary Fund (IMF) said Wednesday. In a briefing at the Bangko Sentral ng Pilipinas, IMF Mission Chief Eli Arbatli Saxegaard said the country’s economy is expected to grow 5.4 percent in 2025 and…
Former Foreign Minister Kang Kyung-wha was formally appointed as South Korea’s ambassador to the United States on Wednesday, becoming Seoul’s first female envoy to Washington, according to the foreign ministry. Kang, who served as South Korea’s top diplomat from 2017 to 2021 under former President Moon Jae-in, has become the Lee Jae Myung administration’s first…
The government’s official document storage system has been destroyed in last week’s fire at the state data management agency, wiping out work documents of the nation’s 750,000 civil servants, the interior ministry said Wednesday. The cloud-based repository, known as G Drive, was among the 96 systems that burned down in Friday’s fire at the National…
U.S. President Donald Trump said on Tuesday the White House is weighing actions to crack down on drug cartels “coming by land” from Venezuela. “Now we’ll look at cartels,” he told reporters as he left the White House. “We’re going to look very seriously at cartels coming by land.” His remarks followed recent U.S. military…
Pakistan’s top diplomat Ishaq Dar on Tuesday said that US President Donald Trump’s 20-point plan to end the Israeli war on Gaza is “not our document.” “This is not our document, which we sent to them. There are some key areas that we want covered … If they are not covered, they will be covered,”…
Ukrainian President Volodymyr Zelenskyy has warned of a “critical” situation at the Zaporizhzhia Nuclear Power Plant, which was disconnected from its sole remaining power line a week ago. In a video address late Tuesday, Zelenskyy said such an outage at the facility under Russian control has “never happened before.” “The situation is critical. Because of…
At least 91 students are believed to be trapped under the rubble of a boarding school building that collapsed in Indonesia’s East Java province, officials said on Wednesday. The National Agency for Disaster Management (BNPB) revised its earlier estimate of 38 missing people, saying student attendance records showed 91 people are still buried beneath debris…
The wheels of government ground to a halt early Wednesday as negotiations between US President Donald Trump and congressional Democrats to fund the government failed to reach an agreement. Negotiators had until midnight Tuesday to reach an understanding, but the deadline came and went with major differences persisting..Democrats have sought to include health care reforms…