DOF eyeing Alibaba’s financial technology for OFWs

Finance Secretary Carlos Dominguez III has broached the possibility of tapping Alibaba’s fintech (financial technology) solutions through its related company Ant Financial to lower remittance costs for the Philippines’ over 10 million migrant workers and offer them other online-based banking and financial management services. Dominguez said Ant Financial’s low-cost mobile payment technology that has helped […]Read More

PHL, Japan set for high-level meeting on infrastructure

Philippine and Japanese officials are set to meet in the island of Mactan in Cebu on Feb. 12 to discuss the progress in the Duterte administration’s flagship infrastructure projects that Japan has committed to help finance through soft loans. The meeting of the Philippines-Japan High-Level Committee on Infrastructure and Economic Cooperation is set at the […]Read More

Many suppliers can meet PH demand for helicopters – defense

There are more than enough suppliers to provide the Philippine requirement for combat utility helicopters (CUHs) should the country’s contract with Bell Helicopter and Canadian Commercial Corp. (CCC) fall through. “Are there other suppliers if the Canada deal will not push through? Yes, there are,” Department of National Defense (DND) Secretary Delfin Lorenzana said in […]Read More

Bell, CCC know 16 Bell 412 will be combat utility

An official of the Armed Forces of the Philippines (AFP) said Bell Helicopter and Canadian Commercial Corporation (CCC) are aware that the military will be using the 16 Bell 412 helicopters under contract as a “combat utility helicopter”. “The AFP deal for the acquisition of the Canadian Bell 412 as a combat utility helicopter is […]Read More

Military deploys 5th Scout Ranger Battalion to Sulu

The Armed Forces of the Philippines (AFP) deployed a battalion of elite troops to defeat the Abu Sayyaf Group (ASG) in the province of Sulu. Deployed in Sulu is the Army’s 5th Scout Ranger Battalion, which was deployed in Marawi City at the height of the battle against the Daesh-inspired Maute Group just after the […]Read More

Palace welcomes Moody’s report on PH as standout ASEAN economy

Malacanang on Sunday, January 28, was elated on the latest report of Moody’s Investors Service that the Philippines is a standout among the ASEAN economies in 2018. “Moody’s cited increasing trade and domestic demand, stable credit conditions and improved execution of government spending,” Roque said during his press briefing held in the Iloilo Provincial Capitol. […]Read More

Manila court orders return of Tiamzons to jail

The Manila Regional Trial Court (RTC) ordered the arrest of communist leaders Benito and Wilma Tiamzon following the termination of peace talks between the government and communist rebels last November. In a five-page order dated Jan. 11, Manila RTC Branch 32 Judge Thelma Bunyi-Medina granted the Department of Justice’s (DOJ) motion for recommitment and cancellation […]Read More

Design of 2 frigates to undergo technical inspection: DND

The so-called “Critical Design Review” (CDR) of the two frigates, on order from South Korean shipbuilder Hyundai Heavy Industries, has been completed and will now be undergoing examination by the Philippine Navy’s Technical Inspection and Acceptance Committee (TIAC) this week. This was disclosed by Defense public affairs office chief Arsenio Andolong in an interview Monday. […]Read More

Ex-Navy chief says Bong Go no hand in frigates project

Special Assistant to the President (SAP) Christopher ‘Bong’ Go never asked anything about the Philippine Navy’s PHP18-billion Frigate Acquisition Project (FAP). This, according to former Philippine Navy (PN) flag-officer-in-command, Vice Admiral Ronaldo Joseph Mercado, in an interview Wednesday. “This morning, my attention was caught by the reports when I saw a piece of paper, a […]Read More

5 states in proposed PH federal charter

The territory of the future Federal Republic of the Philippines will be divided into five states, according to a draft federal charter proposed by a subcommittee in the House of Representatives. This was among the inputs presented on Tuesday during the deliberation of the House committee on constitutional amendments on the salient features of the […]Read More