WORLD BANK CLASSIFIES PHILIPPINES AS UPPER-MIDDLE-INCOME ECONOMY

The World Bank has reclassified the Philippines as an upper-middle-income country after its gross national income (GNI) per capita reached USD 4,850, above the USD 4,636 threshold. This classification places the country alongside Jordan, Micronesia, Sri Lanka, and Vietnam, which also moved

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RISA SATO MARKS PVL RETURN WITH AKARI MOVE

Risa Sato has returned to the Premier Volleyball League (PVL) after signing with the Akari Chargers, the team announced on July 2. The 31-year-old middle blocker is expected to bring experience and depth to

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MARCOS OPEN TO DUTERTE RECONCILIATION AMID POLITICAL TURMOIL

President Ferdinand Marcos Jr. expressed openness to reconciling with the Dutertes, emphasizing the need for unity and stability following the administration’s underwhelming performance in the recent midterm polls.  In a podcast with broadcaster Anthony Taberna, Marcos said he

EU EYES DEFENSE PACT WITH AUSTRALIA AMID GLOBAL TENSIONS

The European Union is exploring a defense partnership with Australia to strengthen international cooperation amid ongoing global tensions, particularly the Ukraine war.  European Commission President Ursula von der Leyen highlighted similar recent agreements with South Korea and Japan,

MORE HEADS MAY ROLL IN ₱1.4-B OWWA LAND DEAL PROBE

A probe is underway to determine if more officials are involved in the alleged anomalous ₱1.4-billion land acquisition by the Overseas Workers Welfare Administration (OWWA), which led to the removal of its chief Arnell Ignacio.  The land, intended

STRONGER INDUSTRY TIES NEEDED TO CURB GAMBLING RISKS — PAGCOR

The Philippine Amusement and Gaming Corp. (PAGCOR) called for stronger cooperation among stakeholders to combat gambling addiction, citing the social risks of gaming.  At the International Conference on Responsible Gambling and Addiction, PAGCOR chairman Alejandro Tengco highlighted their

GOVERNMENT GRANTS EXTRA P1,000 HONORARIUM TO POLL WORKERS

The government has approved an additional P1,000 honorarium for over 758,000 teachers and poll workers who served during the May 12 midterm elections.  Budget Secretary Amenah Pangandaman announced that P758.46 million has been released to fund the increase,

MARCOS WARNS CABINET: IMPROVE OR FACE REMOVAL

President Ferdinand Marcos Jr. announced the launch of a comprehensive performance review of his Cabinet as his administration enters its second half, aiming to identify and address inefficiencies and corruption.  In the inaugural episode of his “BBM Podcast,”

PALACE HOPES DUTERTE’S “BLOODBATH” REMARK ONLY FIGURATIVE

Malacañang on Monday responded to Vice President Sara Duterte’s remark calling her upcoming impeachment trial a “bloodbath,” saying it hopes the statement was merely figurative.  Presidential Communications Undersecretary Claire Castro acknowledged the comment’s intensity but emphasized that the

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