
Five dead and 86 missing as 'heartbreaking' fire breaks out on Philippines ferry
The fire broke out as the vessel nearing its destination at the tourist hotspot of Coron in Palawan.

The fire broke out as the vessel nearing its destination at the tourist hotspot of Coron in Palawan.

Multiple search and rescue vessels deployed after blaze off Palawan island leaves at least five dead, says coast guard A large-scale search and rescue operation is under way off the western Philippine island of Palawan on Thursday after a passenger ferry caught fire, killing five people and leaving scores of passengers missing. The Philippine coast guard said multiple vessels and other assets were searching for survivors as rescue teams used drift-modelling tools to identify areas where people may have been carried by currents. Continue reading...

At least five people have been killed and more than 80 are missing after a fire on a passenger ferry off the western Philippines.

The June Aster was sailing from Manila to Coron, a popular tourist destination, when a fire broke out aboard the vessel.

Rescuers struggled on Thursday to get into a passenger ferry that had caught fire and burned overnight off the western Philippines, leaving five people dead and 86 missing, officials said. By nightfall, search and rescue operations were halted but were to resume in the morning.

Malaysia Aviation Group (MAG) has strengthened its strategic alliances with leading travel industry associations in Malaysia, Singapore, Indonesia, Thailand and the Philippines. The partnerships will expand MAG’s reach across key […]

Gilberto Teodoro read aloud a note from China handed to him mid-speech at the Seoul Defense Dialogue, calling it actual coercion and bullying.

OrbitX has officially launched its QR payment functionality, enabling users to convert stablecoin balances into local currency purchases at point-of-sale terminals via simple QR scans. The initial rollout is active in Vietnam and the Philippines—two regions dominated by QR-based merchant transactions—with expansion planned across additional markets in the coming weeks. The launch addresses a fundamental […]
Twenty traders gathered in Bali in August for the final of Alpha Arena S03, competing live in a simulated trading environment for a share of $100,000. The competition, backed by MEXC Ventures and held during CoinFest Asia, was won by Japan’s Arumando, followed by Murasaki Trades from the Philippines and Coin6097 from South Korea. For

The Philippines’ central bank, Bangko Sentral ng Pilipinas (BSP) has proposed a 12-month suspension on new registrations for payment system operators as it reviews the country’s licensing framework and introduces tighter controls for payment arrangements involving virtual asset service providers (VASPs). Under the draft circular, the central bank would stop

The regulatory shift may slow crypto adoption in the Philippines, impacting market conditions and Bitcoin's integration into payment systems.

The Philippines’ central bank proposes a 12-month payment operator registration freeze and tighter controls for arrangements involving VASPs.

The proposed freeze may stifle innovation but aims to enhance regulatory oversight, ensuring consumer protection and financial stability.

A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms.

Indonesian authorities intensify operations as fires continue to burn across Sumatra and Kalimantan, with haze spreading to Malaysia, Singapore and Philippines Continue reading...

From the Philippines to Northern Canada, this ATR 72 traveled the world, even after 17 years of use. Why is an aircraft like this needed?
MEXC Ventures, Main Sponsor of Alpha Arena S03, announced the conclusion of the Alpha Arena Bali Final, held on August 21 during Coinfest Asia 2026. Arumando, representing Japan, won the championship, followed by Murasaki Trades from the Philippines and Coin6097 from South Korea, who placed second and third, respectively. MEXC CEO Vugar presented the awards

The Philippine Air Force (PAF) has completed the acquisition of all 32 S-70i Black Hawk helicopters it ordered…

July's Global LCC highlights: Philippines AirAsia tops the global LCC table in July with 94.4% of flights arriving on time - and not a single cancellation recorded. Japan's Peach Aviation is the only other carrier to clear the 90% mark, at 91.2%. Seven of the top ten LCCs by on-time performance are based in Asia, including Citilink, Jeju, IndiGo, Solaseed and Jetstar. The most punctual European LCC is SunExpress with 80.4% of flights on time, which is 14 percentage points behind the most punctual LCC globally. Among major European LCCs, Norwegian, easyJet, Ryanair and Wizz Air all sit between 64% and 80%. Four of the Top 20 achieved OTP of over 80% in July, but none of the Top 20 LCCs achieved OTP of over 90% Here are some key highlights for the top 20 largest LCCs , which account for 82% of LCC arrivals: The Latin American-based Azul Airlines is most punctual in July 2026 with 86.2% of flights arriving on time. Southwest Airlines (the largest LCC) operated 68.4% of flights on time, placing the airline 13th in the 'largest' group for OTP performance. The LCC with highest cancellat ion rates amongst this group is JetBlue, with 8.3% of flights cancelled in July. The US-based LCC also operated the lowest OTP within the Top 20, with 59.2% of flights arriving on time.

Emirates has expanded its Travel Rehearsal programme to Clark International Airport in the Philippines to help neurodiverse children. Including families in the process helps children become familiar with air travel, making the experience more autism-friendly for those who need it. The Travel Rehearsal Programme The initiative marks Emirates‘ second rehearsal in the Philippines, following an […]