Dr. Nicanor G. TiongsonFilipino writers, poets, and playwrights play an important role in countering and correcting falsehoods running rampant in an extremely polarized public sphere, said Dr. Nicanor G. Tiongson, guest of honor at the 70th Carlos Palanca Memorial Awards for Literature awarding ceremony. “Tiyakin natin na ang ating isinasalaysay, bagaman fiction, ay hango sa maingat at malalim na pananaliksik at ...

REUTERSWASHINGTON — The world’s poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35% over the past year, World Bank President David Malpass said on Thursday, warning that the increased burden is increasing the risk of defaults.Mr. Malpass told the Reuters NEXT conference in New York that two thirds of this debt ...

REUTERSBEIJING — As a physics student at the elite Peking University in Beijing, Lynn Lau was expecting big Chinese private sector companies to scour the campus this summer for upcoming talent.But with the world’s second-largest economy growing at its slowest rate in decades, many recruiters stayed away this year.The wishes of Ms. Lau’s parents that she had a “safe” civil ...

STOCK PHOTOGlobal banks are turning bullish on South Korean and Taiwanese shares, expecting a revival in semiconductors to drive a rally next year, while they see Japan’s market as resilient thanks in part to its weak currency.The calls come as US rates are still rising, with most markets around the world eyeing their worst annual returns since the 2008 global ...

BW FILE PHOTOCentral bank governor Felipe M. Medalla on Friday voiced caution over a legislative proposal to create a sovereign wealth fund overseen by President Ferdinand R. Marcos, Jr., saying transparency over its governance would be key.Mr. Medalla, in an interview with Bloomberg TV, said a key concern for him would be how the fund would be managed and by ...

REUTERSLAGOS/BANGKOK — Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!” — his latest nod to a region where a growing number of kitchen table investors had put their faith, and savings, in FTX.In South Africa, Nigeria, and Ghana, FTX held a series of swish events in the months leading up to its bankruptcy filing ...

BW FILE PHOTO MANILA — The Philippine central bank will hike interest rates this month, though the monetary board is likely to be split over whether to raise the policy rate by 25 or 50 basis points, its governor said on Friday in an interview with Bloomberg TV.Felipe M. Medalla expressed relief that the US Federal Reserve was likely to ...

In this age of pandemic, one of the most crucial aspects in the car-buying decision is safety—especially at a time when people are revenge-traveling and going back to face-to-face work and school.And we’re not talking about your basic seatbelts, airbags, ABS, and crumple zones. We’re talking about features that will actively protect you and your loved ones by helping avoid ...

REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterFACTORY ACTIVITY in the Philippines expanded for a tenth month in a row in November, although jobs fell for the first time since March, a survey by S&P Global showed on Thursday.The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) inched up to 52.7 in November, from 52.6 in October, reflecting a “modest” pace ...

Passengers wait inside the Ninoy Aquino International Airport Terminal 3 in Pasay City, Oct. 29. The growth in remittances is expected to slow next year amid a looming global economic slowdown. — PHILIPPINE STAR/ MIGUEL DE GUZMANBy Keisha B. Ta-asan, ReporterREMITTANCE INFLOWS to the Philippines are expected to rise by 3.6% this year, the World Bank (WB) said, but it ...