मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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Philippines warns China of ‘red line’ if BRP Sierra Madre is towed from shoal

Business World Philippines

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August 27, 2025

CHINA would be crossing a “red line” if it tries to towa grounded Philippine warship from a disputed shoal in the South China Sea, a Philippine Navy spokesman said on Tuesday, stressing that contingency plans are in place after a Chinese navy tugboat ‘was spotted in the contested waters.

- By Kenneth Christiane L. Basilio Reporter

Philippine Navy spokesman Rear Admiral Roy Vincent T. Trinidad confirmed increased Chinese activities at Second Thomas Shoal, locally known as Ayungin Shoal.

He said the People’s Liberation Army-Navy had deployed a tugboat that might just be for its own use, but warned that Manila would view any attempt to remove the grounded vessel BRP Sierra Madre as hostile.

“There are already rules of engagement and contingency plans in place for any eventuality, including actions like those the other side might take,” Mr. Trinidad told reporters in Filipino.

The Chinese Embassy in Manila did not immediately reply to a Viber message seeking comment.

The BRP Sierra Madre, a World War II-era landing ship, was deliberately run aground by the Philippines in 1999 to serve as a permanent outpost at the shoal, which lies within Manila’s exclusive economic zone. A handful of Philippine marines has since been stationed aboard the rusting vessel.

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Business World Philippines

Business World Philippines

S&P affirms 'BBB+' rating for Philippines

S&P GLOBAL RATINGS on Thursday affirmed the Philippines' investment grade credit rating with a \"positive\" outlook, noting that its growth prospects remain strong even as the corruption scandal weighs on the economy this year.

time to read

3 mins

November 28, 2025

Business World Philippines

Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR

THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.

time to read

1 mins

November 28, 2025

Business World Philippines

Business World Philippines

PHL, France spotlight co-productions, animation, feminist films as French Film Fest returns for 28th year

ANIMATED and feminist films are being screened until Nov. 30, as part of this year’s French Film Festival which is now in its 28th year.

time to read

3 mins

November 28, 2025

Business World Philippines

Business World Philippines

Business groups call for mandatory lifestyle checks on all gov't officials

SOME TOP business groups on Thursday called for the public submission of statements of assets, liabilities, and net worth (SALN) by all government officials, as well as mandatory lifestyle checks to enforce accountability.

time to read

3 mins

November 28, 2025

Business World Philippines

PHL jumps to 75th in talent competitiveness index

THE PHILIPPINES jumped nine spots in an annual ranking of countries' ability to attract and retain talent, according to a report by business school Institut Européen d'Administration des Affaires (INSEAD) and the Portulans Institute.

time to read

3 mins

November 28, 2025

Business World Philippines

James picks his spots

The latest meeting between the Lakers and Clippers functioned both as spectacle and as affirmation of the pecking order. The final score in favor of the purple and gold comes off as a whipping on surface, punctuated by scoring bursts from marquee names. At the same time, clarity lies beyond the numbers: Roles, rhythms and resolve have clearly coalesced for the winners and unravelled for the vanquished.

time to read

1 mins

November 28, 2025

Business World Philippines

Extended Beatles Anthology takes fans beyond the mythology of the band

A new episode of the Beatles Anthology, 30 years after the original landmark series, shows the impact on Paul McCartney, George Harrison, and Ringo Starr of being in the biggest rock band in history, its writer and director said.

time to read

1 min

November 28, 2025

Business World Philippines

Chinese sportswear maker Anta Sports Products exploring bid for Puma

CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.

time to read

1 min

November 28, 2025

Business World Philippines

Not too scary, but a solid first effort

KMJS' GABI NG LAGIM THE MOVIE

time to read

3 mins

November 28, 2025

Business World Philippines

Business World Philippines

More than half of new articles on the internet are being written by AI – is human writing headed for extinction?

The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.

time to read

4 mins

November 28, 2025

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