Over the past year, Chinese coast guard and paramilitary ships have intercepted Philippine government convoys bringing troops and supplies to the warship-turned-outpost. China claims the ship’s presence is illegal and has accused the Philippines of bringing in construction supplies to reinforce the dilapidated vessel.
China accuses Philippine supply ship of hitting Chinese vessel in South China Sea
China and the Philippines traded accusations over a maritime collision in the South China Sea on Monday, the latest in an increasingly testy series of confrontations over the disputed waters.
Philippine captain vows to return to sea after Houthi attack
The Philippine crew of a vessel attacked by Yemen’s Houthi militants was repatriated to the Philippines from Bahrain on Monday, with the ship’s captain vowing to return to the seas after the crew had …
Unacash unveils installment loans in the Philippines
Customers can apply for loans between PHP3,000 to PHP50,000 (approximtely $53 to $886), with flexible repayment terms between 2 to 12 months. The service is offered to existing customers with …
Chinese Navy ‘Large Destroyers’ Gather in South China Sea
The drills, reportedly the first to feature three Type 055 destroyers, took place amid heightened tensions with the Philippines.
Philippines seeks UN confirmation of its vast continental seabed in the disputed South China Sea
The Philippines has asked a United Nations body to formally recognize the extent of a vast undersea stretch of its continental seabed in the South China Sea, where it could exclusively exploit …
Philippine Military Chief Urges Fishermen to Ignore China’s New Coastguard Rules
China, which claims almost all of the South China Sea including parts claimed by the Philippines, Brunei, Malaysia, Taiwan and Vietnam, has issued new rules that would enforce a 2021 law allowing its coastguard to use lethal force against foreign ships in waters that it claims.
China Poses ‘Existential’ Threat, US Ally Says
“We will not back down if what is ours is illegally taken by somebody, especially a bully,” the Philippines’ defense chief said.
FSCC highlights global risks impacting Philippine financial stability
For the Philippines, economic growth remains strong and among the highest in the world. Recent data suggests that full-year inflation is unlikely to exceed the upper limit of the target range, …
Philippines’ liquidity at 5.6% YoY in April
It was slower than the 5.7% YoY in March. The Philippines’ domestic liquidity (M3) in April grew by 5.6% year-on-year (YoY) to around $290b (₱17.2t), slightly lower than March’s 5.7%. Domestic claims …