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Tag: news

‘Kiss’ excuse fails to absolve tennis player in drug test

LONDON — A professional tennis player who said a kiss caused a positive methamphetamine drug test was suspended for four years by the International Tennis Integrity Agency on Friday. Goncalo Oliveira, who represents Venezuela, was provisionally suspended in January following a positive test in November 2024 while competing at the ATP Challenger event in Manzanillo,

DTI readies safeguard duty on imported cement

MANILA, Philippines – The Department of Trade and Industry (DTI) intends to impose a safeguard duty on cement imports to ensure a level playing field and protect the local industry. In a statement on Tuesday, the DTI said imported cement will be slapped with a safeguard duty of P14 per 40-kilogram bag of Ordinary Portland

Eastern Samar grew fastest in 2024–PSA

MANILA, Philippines – Eastern Samar posted the fastest economic growth among Philippine provinces and highly urbanized cities, lifted by a postpandemic tourism surge and government investments to improve connectivity across the archipelago. Latest data from the Philippine Statistics Authority (PSA) showed Eastern Samar—popular for its beaches, eco parks and historical sites—grew by 10.2 percent year-on-year

Philippines gets $400-M ADB loan for insurance sector

MANILA, Philippines – The Asian Development Bank (ADB) on Tuesday announced a $400-million policy-based loan to help boost the Philippines’ insurance sector by creating an enabling environment for broader participation in the industry. The Insurance Reform Program, Subprogram 1, would support broader financial sector development reforms in regulation and supervision, including greater intermediation of long-term