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Day: May 20, 2025

3 B.League Teams Qualify for EASL Season 2025-2026

Utsunomiya: Utsunomiya Brex, Ryukyu Golden Kings, and Alvark Tokyo have qualified for the East Asia Super League (EASL) 2025-2026 season. For the first time in EASL history, the league will feature three teams from Japan’s B.League. According to Philippines News Agency, earlier this month, the winner of the 2025 Emperor’s Cup was introduced as a new qualification pathway for the upcoming season to uplift the quality of play and increase competitiveness. Although Ryukyu won the Emperor’s Cup in March, they qualified through the original B.League Finals route, alongside Utsunomiya. As a result, the Emperor’s Cup berth went to runners up

CBCP Executive Supports Potential Marcos-Duterte Reconciliation

Manila: An official of the Catholic Bishops’ Conference of the Philippines (CBCP) on Tuesday expressed support for the potential reconciliation between President Ferdinand R. Marcos Jr. and Vice President Sara Duterte. According to Philippines News Agency, Fr. Jerome Secillano, executive secretary of the CBCP – Episcopal Commission on Public Affairs (ECPA), emphasized the positive impact that peace between the nation’s top leaders could have on the country. “Unity and reconciliation are always good for our country,” Secillano stated in an interview with Church-run Radio Veritas, further noting that any desire for reconciliation should be driven by the common good. In

DA’s P20/kg Rice Program Expected to Lower Retail Prices Further

Manila: The Department of Agriculture (DA) on Tuesday expressed optimism that the PHP20 per kilogram rice program, known as ‘Benteng Bigas Meron (BBM) Na,’ will lead to further reductions in rice retail prices. DA spokesperson Assistant Secretary Arnel de Mesa highlighted that some retailers have already decreased their selling prices by PHP5 per kilogram in select markets across Metro Manila. According to Philippines News Agency, de Mesa noted that the program is a crucial component of the government’s market intervention strategy aimed at safeguarding consumer interests. ‘Definitely may epekto iyan lalo na kung doon sa nananatili pa na mataas na

Germany and Philippines Advocate for Intelligence Sharing Mechanism

Taguig City: Germany and the Philippines have underscored the importance of establishing a mechanism to facilitate the exchange of classified information between their military forces. This initiative was highlighted during a Stratbase ADRI Forum held in Taguig City, where key officials from both nations discussed the benefits of such an arrangement. According to Philippines News Agency, German Ambassador to the Philippines Andreas Michael Pfaffernoschke emphasized that a formal agreement on sharing classified information is crucial for the full utilization of the new German-Philippine defense cooperation agreement. “Discussing an agreement on sharing classified information is obviously needed because if you talk

Stocks Slip as Investor Caution Grows Amid U.S. Downgrade Concerns

Manila: Philippine shares dropped anew on Tuesday as investors opted to scale back their holdings, while the peso moved sideways. The Philippine Stock Exchange index (PSEi) dropped by 1.85 percent to 6,335.33, while All Shares also fell by 1.20 percent to 3,720.57. All sectors closed in the red, led by Services, which declined by 2.21 percent. According to Philippines News Agency, “Philippine shares extended their decline as investors grew more wary, opting to scale back their holdings after initial optimism waned following Moody’s U.S. downgrade,” said Regina Capital Development Corp. head of sales Luis Limlingan. Decliners led advancers at 126