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🇵🇭 Philippines News Archive

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Philstar Business

Philippines Agri Output Likely Contracted in 3Q Amidst El Niño

The Philippines' Department of Agriculture anticipates a contraction in agricultural output for the third quarter, exacerbated by the intensifying El Niño phenomenon. This weakness is expected to persist into early next year, raising concerns over food inflation and economic growth.

Inquirer NewsInfo

DOJ Cites Process Before Tagging Leviste 'Fugitive'

The Department of Justice (DOJ) on Thursday declined to label Batangas Rep. Leandreo Leviste a 'fugitive from justice' in connection with his criminal case, stating that only the court can officially designate an accused as such.

Philstar Business

Hapag-Lloyd Suspends Philippine Bookings Amid Port Congestion

Hapag-Lloyd has reportedly suspended new bookings to key Philippine ports due to congestion and constraints on empty container returns, highlighting persistent inefficiencies in the country's logistics and trade imbalance.

Inquirer NewsInfo

PDEA Awards P9.15M to 28 Informants for Drug Busts

The Philippine Drug Enforcement Agency (PDEA) awarded P9.15 million to 28 civilian informants for information leading to major drug seizures, the dismantling of a clandestine lab, and the eradication of marijuana plantations nationwide, highlighting the crucial role of informants in anti-drug efforts.

Inquirer NewsInfo

Villar Joins Senate Majority, Chairs Public Works Panel

Senator Mark Villar has joined the Senate majority in the Philippines, securing the chairmanship of the influential public works committee. This move occurs amidst the impeachment trial of the Vice President and ahead of his reelection bid.

Inquirer NewsInfo

VP's SALN, tax records show 'gap' in impeachment trial

A Bureau of Internal Revenue (BIR) witness testified in a Philippine impeachment trial that there is a 'gap' between the tax records of Vice President Sara Duterte and her husband, lawyer Manases Carpio, from 2007 to 2025, and her declared net worth in 2025. The couple's total after-tax income exceeding P85 million does not align with the declared amount.

Rappler Philippines

Prosecution drops bribery case vs Sara Duterte

The prosecution will no longer present its bribery case against Philippine Vice President Sara Duterte to expedite her trial. The decision was made as the case no longer fit the prosecution's set timetable, despite initial plans for eight trial dates.

GMA Money Philippines

PH Eyes Bulacan as Global AI Hardware Gateway

The Philippines is proposing to develop Bulacan as a global gateway for AI compute hardware, leveraging its proximity to the New Manila International Airport (NMIA) and the Bulacan Special Economic Zone and Freeport. This initiative is part of a long-term strategy to consolidate components, assemble AI hardware, and export finished products worldwide.

Philstar Business

Philippine Peso Weakens Amid High Inflation, Economist Warns

The Philippine peso's value is being eroded by a high inflation rate of 7.2% in September, making it less attractive to investors and increasing pressure on households and businesses. An economist notes that central bank interest rate hikes are being outpaced by rising consumer prices, urging a government-wide approach to the issue.

Rappler Business

Villar's Senate Power Play Raises Conflict of Interest Red Flags

Senator Mark Villar's move to the Philippine Senate majority and chairmanship of the public works committee, amidst flood control project scandals and scrutiny of his family's businesses, has sparked concerns over institutional independence and oversight.

Rappler Business

The Senate’s Villar problem

A controversy surrounding prominent businesswoman and Senator Cynthia Villar has emerged in the Philippine Senate, potentially impacting political stability and economic policy.

GMA News Philippines

BIR witness: No deadline to discover fraud, 10 years to assess case

A witness from the Bureau of Internal Revenue (BIR) testified that there is no deadline for discovering tax fraud, and that the agency has 10 years from the date of discovery to assess the case. This became an issue during the impeachment trial of the Vice President.

Rappler Philippines

Mans Carpio claims 'collateral damage' in wife's impeachment trial

Lawyer Manases Carpio, husband of Philippine Vice President Sara Duterte, has described himself as "collateral damage" amid scrutiny of his finances during his wife's impeachment trial. The proceedings are examining the couple's assets and tax records, with significant financial inflows to Carpio himself under review.

GMA News Philippines

VP Duterte, Carpio tax audit documents presented in impeachment trial

A Letter of Authority (LOA) for the tax audit of Vice President Sara Duterte and her husband, Atty. Manases Carpio, was presented by the defense during an impeachment trial. Concerns were raised regarding the disclosure of confidential information and potential privacy violations.

Philstar Nation

65 Filipino fishermen detained in Sabah over alleged illegal fishing

Sixty-five Filipino fishermen aboard a fishing vessel were detained by the Malaysian coast guard in Sabah waters on suspicion of illegal fishing. Approximately P5 million worth of marine produce was found on board, and the crew are facing charges of illegal entry and violations of fisheries laws.

Philstar Nation

Sara Duterte Arraigned for Grave Threats in QC Court

Philippine Vice President Sara Duterte appeared in a Quezon City court on Friday for arraignment on three counts of grave threats stemming from remarks made during an online press conference in November 2024. She is expected to plead not guilty, proceeding to trial.

Philstar Nation

ICC Rules Duterte Fit to Stand Trial for Crimes Against Humanity

The International Criminal Court (ICC) has ruled former President Rodrigo Duterte fit to stand trial for alleged crimes against humanity. Despite concerns over his health, the court found he can understand proceedings and effectively exercise his fair trial rights.

Philstar Nation

Sara Duterte's Grave Threats Arraignment Postponed Again

The arraignment of Philippine Vice President Sara Duterte on grave threats charges has been postponed again due to court filings. Originally scheduled for September, the hearing on October 9 was also delayed, leaving the judicial process in question.

GMA Money Philippines

Property Development Hit by Inflation, Infrastructure Freeze, Gatchalian Warns

Philippine property development is facing stagnation due to high inflation, a sharp drop in public works spending, and slowing economic growth, warned Senate President Sherwin Gatchalian. GDP growth slowed to 2.3%, public works construction plummeted 32%, and reduced household purchasing power makes consumers hesitant about mortgages.

Rappler Philippines

Sara Duterte's arraignment for grave threats postponed again

The arraignment for Vice President Sara Duterte on grave threats charges has been postponed again due to a motion filed by her camp seeking the judge's inhibition. The Department of Justice filed three counts against her for alleged assassination threats.

Inquirer Business

Philippine Peso Hits New Record Low of 62.90 to the Dollar

The Philippine peso fell to a new record low on Thursday, closing at 62.90 to the US dollar. Expectations of higher US interest rates strengthened the dollar, accelerating the peso's depreciation to a new all-time low, surpassing the previous record of 62.86 set on September 14.

Inquirer Business

DOTr Plans 100-km Busway Network Expansion in Metro Manila

The Philippine Department of Transportation (DOTr) plans to build three new high-capacity bus corridors exceeding 100 kilometers across Metro Manila, aiming to enhance public transport connectivity in the capital region.

Inquirer Business

PH Growth Seen Below 3% Amid Weak Demand, Inflation

Philippine economic growth is projected to fall below President Marcos' target, likely under 3%, due to weak domestic demand and persistent inflation, according to Bank of America. The central bank is expected to prioritize inflation control over growth support.

Inquirer Business

Figaro Culinary to delist from PSE via minority buyout

Figaro Culinary Group Inc. is seeking to delist from the Philippine Stock Exchange (PSE) as its subsidiary, Figaro Coffee Systems Inc. (FCSI), plans to buy out minority shareholders at P0.82 per share.

Inquirer Business

CAAP Triples Airport Projects to 91 for Modernization Amid Travel Boom

The Civil Aviation Authority of the Philippines (CAAP) has more than tripled its airport infrastructure projects to 91 this year, from just 25 previously, to modernize gateways amid sustained growth in air travel. This initiative aims to bolster the domestic air network and contribute to economic growth.