Versuchen GOLD - Frei
Revised military modernization plan sought
Business World Philippines
|January 12, 2026
A PHILIPPINE congressman on Sunday urged Congress to approve a successor to the country’s military modernization law, set to expire in 2027, saying early action is needed to maintain defense readiness amid South China Sea tensions.
House Minority Leader and Party-list Rep. Marcelino C. Libanan said enacting a followup modernization framework now would ensure a smooth transition to the next phase of the armed forces' buildup.
"Congress should enact a successor modernization framework ahead of the current program's expiration," Mr. Libanan said in a statement. "By acting early, we can ensure the military remains capable, credible and responsive while maintaining a stable and coherent modernization strategy."
Diese Geschichte stammt aus der January 12, 2026-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
Chicago soybeans, corn slip ahead of USDA report
Chicago soybean futures slipped on Monday as traders positioned ahead of the closely watched US Department of Agriculture (USDA) crop report, while competition from top producer Brazil weighed on prices amid a gradually advancing harvest.
1 mins
January 13, 2026
Business World Philippines
Ayala Land partners with Abba's Orchard for Vermosa campus
LISTED property developer Ayala Land, Inc. (ALI) has partnered with Abba’s Orchard Montessori School to develop its largest K-12 Maria Montessori campus in Luzon within the Vermosa estate in Cavite.
1 mins
January 13, 2026
Business World Philippines
Gov’t increases T-bill award as yields go down
THE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Monday as it took advantage of strong market appetite that pushed yields down across all tenors.
2 mins
January 13, 2026
Business World Philippines
One Battle, Hamnet claim top movie trophies at Hollywood’s Golden Globes
The Pitt and The Studio win top TV honors
3 mins
January 13, 2026
Business World Philippines
PSEi soars to 6,400 level on BSP rate cut hopes
THE MAIN INDEX soared to the 6,400 level on Monday to hit a near six-month high amid growing hopes for another rate cut from the Bangko Sentral ng Pilipinas (BSP) next month.
2 mins
January 13, 2026
Business World Philippines
Meralco rates go down in January
OVER EIGHT MILLION customers of Manila Electric Co. (Meralco) will see lower electricity bills this month as the power distributor announced a rate cut on Monday.
1 mins
January 13, 2026
Business World Philippines
Peso slips vs dollar as markets eye Fed policy path
THE PESO slipped against the dollar on Monday as markets keep a close eye on the US Federal Reserve, with data showing it could keep rates steady but with fresh attacks by US President Donald J. Trump on Fed Chair Jerome H. Powell threatening its independence.
2 mins
January 13, 2026
Business World Philippines
Seeking VAT zero-rating certainty after CREATE MORE
Have you ever heard of a rule so often in school that it simply stayed with you?
5 mins
January 13, 2026
Business World Philippines
Miguel Tabuena fails to secure LIV Golf stint
MAYBE next time for Miguel Tabuena.
1 min
January 13, 2026
Business World Philippines
Aboitiz Foods acquires Singapore animal nutrition company
ABOITIZ EQUITY Ventures, Inc. said its food unit, through subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH), has completed the acquisition of Singapore-based Diasham Resources Pte. Ltd., expanding its specialty animal nutrition portfolio and manufacturing footprint in Asia.
1 min
January 13, 2026
Listen
Translate
Change font size