• PH share in US' $95-B war financing package: Zero right now

    THE United States' unprecedented $95-billion supplemental financing package consisting of three bills passed by the US Congress and signed into law last February 24 by President Joe Biden is essentially to fund two existing wars by its proxies, and a third one expected against the superpower in the region, China.This consists of $61 billion to aid Ukraine fight Russia and $26 billion for Israel to continue its genocidal war against Palestinians in Gaza.Some $4 billion was allocated to Taiwan to...

  • If there's war, forget promises of EDCA bounties

    IT'S hard not to feel good or even great about our burgeoning alliances with the United States, Japan, Australia and other Western nations. Not only are they adding their forces and firepower to our efforts asserting and securing our maritime sovereign rights, but they also offer economic aid, business investment and cooperation, learning, health, and social development assistance. What's not to like?Well, there are no free lunches. Those goodies come at a hefty price — letting America and...

  • Pru Life UK clinches 5 Asia-Pacific Stevie Awards

    LEADING life insurance company Pru Life UK was awarded five accolades at the 2024 Asia-Pacific Stevie Awards for its outstanding contributions to making a sustainable impact on the lives of many Filipino families.

  • Agri trade deficit narrows in 2023

    TRADE in agricultural goods posted a deficit of $11.49 billion last year as both imports and exports fell, data from the Philippine Statistics Authority (PSA) showed.In a report, the PSA said this represents a 2.6-percent dip from the $11.8 billion posted in 2022. In 2022 and 2021, the total balance of trade registered annual increments of 32.8 percent and 39.4 percent, respectivelyLast year, the country's agricultural trade decreased by 9.2 percent to $24.34 billion, a reversal from 2022's 19...