
5 Dead in Sorsogon Market Fire; Over 400 Vendors Displaced
A fire that ravaged the Sorsogon City Public Market late Saturday night resulted in five fatalities and displaced over 400 vendors. Authorities are working to identify the victims and provide assistance.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- House Urged to Recall 2027 Budget Proposal Amid Flaws
A call has been made for the Philippine House of Representatives to recall its version of the P7.2-trillion 2027 spending measure, citing flaws similar to past budget provisions struck down by the Supreme Court.
- Philippine Customs Valuation: Court Ruling Clarifies Dutiability of Royalties
The Philippine Supreme Court ruled that royalties are only dutiable when related to imported goods and are a condition of their sale. Importers successfully reduced their customs valuation assessments by properly allocating royalties between imported and locally manufactured products.
- BSP's Inflation Fight Pushes Rate Cut Hopes Further Out
The Bangko Sentral ng Pilipinas (BSP) has signaled a willingness to further raise interest rates to curb rapid inflation, leading economists to believe that rate cuts will be postponed. Price stability is being prioritized over economic growth.
- Peso's Decline Fuels Philippine Manufacturing Comeback, HSBC Says
The Philippine peso's slide to record lows is breathing new life into the country's manufacturing sector, making exports more competitive, according to HSBC. However, controlling inflation and logistics costs are crucial for sustained gains.