The conflict has triggered a humanitarian crisis, with more than 23,000 people reported killed in Gaza and much of the besieged Palestinian territory reduced to rubble, as fears grow that fighting could engulf the wider region.
Fresh strikes hit Iran-backed Houthis in Yemen on Saturday after the rebels warned of more attacks in support of Gaza on what they deem Israeli-linked Red Sea shipping.
The US Central Command said its forces hit a Houthi radar site, a day after the first strikes by US and British forces on rebel sites in Yemen.
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Local drug makers want to raise share in gov't procurement
Local pharmaceutical manufacturers want to increase their share in medicines procured by the government to 50 percent in the next six to 10 years.
DBM releases P110 M for creative sector
The Department of Budget and Management (DBM) has released P110 million to boost the local creative sector and contribute to economic growth.
Phl net external liabilities widen in Q1
The countryâs net external liability position widened in the first quarter of the year due to higher investment flows and borrowings, a report from the Bangko Sentral ng Pilipinas (BSP) showed.
FIRB sets policy on non-income related tax incentives
The Cabinet-level Fiscal Incentives Review Board (FIRB) has set a new policy on the duration of non-income tax- based incentives to guide investment agencies in giving perks to various businesses.
BSP seen cutting interest rates in Oct
Despite the lower inflation outturn in June, Metropolitan Bank & Trust Co. (Metrobank) expects the Bangko Sentral ng Pilipinas (BSP) to start its gradual easing cycle in October to prevent any depreciation pressure on the peso.
Meralco to send Pinoy nuclear engineers to US, China
Manuel V. Pangilinanâs Manila Electric Co. (Meralco) is sending the pilot batch of scholars under its Filipino Scholars and Interns On Nuclear Engineering (FISSION) program to the US and China.
RLC introduces 2nd tower in Bridgetowne's Le Pont Residences
Robinsons Land Corp. (RLC), the real estate firm of the Gokongwei family, is introducing the second tower of its premium development Le Pont Residences in Bridgetowne Destination Estate.
ACEN secures $150-M loan to fuel APAC expansion
The listed energy platform of the Ayala Group has borrowed $150 million from international banks to ramp up its renewable energy (RE) portfolio in the Asia-Pacific region.
AboitizPower pushes for longer energy transition period
The Philippines should have a longer energy transition period for secure and affordable energy supply to meet the countryâs needs, according to Aboitiz Power Corp.
Rice imports decline by 36% in June
Rice imports declined by nearly 36 percent in June from a year ago as traders and importers canceled or delayed their orders abroad in anticipation of the implementation of lower rice tariffs, an industry group said.
