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Misinformation is spreading on social media in the Philippines falsely claiming that fire trikes cost P10 million each. This appears to be a confusion with a statement by the Secretary of the Interior and Local Government regarding planned fire truck procurements.
The National Bureau of Investigation (NBI) has confirmed that former House Speaker Lord Allan Velasco and his wife own two alleged "cash houses" in Pasig City, linked to suspicious financial activities. This confirmation stems from claims made by a dismissed policeman who accused the couple of using properties to store large sums of cash.
Philippine impeachment court senators have voiced concerns over the defense panel's tactics, which they characterized as "veiled threats" against a witness and the media regarding the disclosure of Anti-Money Laundering Council (AMLC) records. The senators criticized the defense's repeated emphasis on potential criminal liability for such disclosures.
President Marcos will undertake a five-day working visit to Singapore aimed at expanding bilateral ties, promoting investment, and aligning ASEAN priorities, with a Formula One Grand Prix viewing also on the agenda.
The Metro Manila Development Authority (MMDA) is intensifying its response to text scams impersonating the No-Contact Apprehension Policy (NCAP), filing complaints with relevant agencies. While the MMDA lacks the power to apprehend scammers, it is coordinating with law enforcement and financial bodies to disrupt payment systems.
Vice President Sara Duterte believes President Marcos is behind a "demolition job" against her, citing allegations of large cash deliveries by Rodulfo Gracioso Jr. The Office of the President (Malacañang) has denied involvement, stating the Vice President is responsible for her own troubles.
The Philippine Economic Zone Authority (PEZA) is nearing its P300 billion investment target for the year, with investment approvals surging 92% to P297.14 billion from January to September. This encompasses 222 projects expected to generate $8.95 billion in exports and create 33,331 direct jobs.
Moody's Corporation has finalized its acquisition of a 19.99 percent stake in Philippine Rating Services Corp. (PhilRatings), anticipating that the Philippines' economic expansion and infrastructure needs will support bond issuance.
Mynt Inc., the parent company of Philippine fintech giant GCash, is set to launch the country's largest-ever initial public offering (IPO), aiming to raise approximately P60.9 billion. Analysts recommend subscribing, citing strong growth potential in digital financial services and projected revenue and net income increases.
The Philippine stock market plunged after the country's September inflation rate hit a three-year high of 7.2 percent. Concerns over potential additional interest rate hikes by the central bank weighed on investor sentiment.
Four Filipina executives have been recognized in Fortune Magazine's "100 Most Powerful Women in Asia" list. Martha Sazon, President and CEO of GCash, secured the highest rank at 35th, highlighting the growth of Philippine companies and the increasing influence of women leaders in the Asian economy.
Philippine telco giant PLDT Inc. has postponed the planned initial public offering (IPO) of its data center arm, VITRO Inc., to 2027, citing rising interest rates and worsening economic conditions as key factors for the deferral.
The National Capital Region Police Office (NCRPO) is intensifying intelligence operations to prevent the resurgence of online scams and Philippine Offshore Gaming Operator (POGO) hubs in Metro Manila, following past criminal activities linked to these establishments.
A sulfurous stench from the Kanlaon Volcano in the Philippines has spread to surrounding areas, prompting recommendations for residents to wear masks and keep windows closed. While no eruptive activity has been confirmed, an increase in volcanic gas (sulfur dioxide) emissions is suspected.
The Vice Mayor of Reina Mercedes, Isabela, Philippines, is under investigation by the Department of the Interior and Local Government for an outburst during a local council session. The Interior Secretary strongly condemned the behavior as unbecoming of public officials.
Despite soaring airfares, visa applications in the Philippines rose by 20% in the eight months to August, with a notable increase in non-Schengen destinations.
A government militiaman was killed and two others injured in an ambush in South Cotabato, Philippines. Meanwhile, two individuals died in an attack in Basilan, suspected to be linked to a clan war.
Following a series of kidnappings targeting South Koreans in the Philippines, the South Korean embassy hosted a conference to strengthen coordination with Philippine authorities. Police agencies from both nations confirmed cooperation and exchanged information.
A 27-year-old worker sustained severe injuries, including a broken hip and head trauma, after being hit by a motorcycle while crossing a pedestrian lane in Taytay, Rizal, Philippines. Police are pursuing charges of reckless imprudence resulting in serious physical injuries against the motorcycle driver.
Inflation in the Philippines accelerated to 7.2% in September, the highest in over three years, primarily driven by soaring food and non-alcoholic beverage prices, with significant jumps in vegetables and rice. The government is implementing measures to bolster food supply and curb energy costs.
Vice President Sara Duterte stated that there have been no discussions yet regarding the possibility of her brother, Davao City Mayor Sebastian “Baste” Duterte, running for president in 2028. She acknowledged their mother's wish for Sebastian to pursue a national post.
Six centenarians in Quezon, Philippines, each received P100,000 as part of the Expanded Centenarians Act, honoring their longevity and contributions to society during Elderly Filipino Week.
A high school in La Union, Philippines, has denied reports of a shooting threat circulating online, stating an investigation found no basis for the claims.
A 1914 brass choir bell, believed to have been stolen from the Saint Peter the Apostle Parish Church in Loboc, Bohol, has been recovered after being purchased for P17,000 from a scrap metal buyer. Authorities are investigating the incident as theft.
The Department of Education (DepEd) has launched the nationwide expansion of its Kaagapay Program, aiming to empower parents and guardians as co-educators. The initiative focuses on preventing bullying, fostering positive discipline, and reinforcing values among students, with President Ferdinand R. Marcos Jr. highlighting its significance.
The Presidential Task Force on Media Security (PTFoMS) welcomed the conviction of two individuals for the 2019 murder of broadcaster Eduardo “Ed” Dizon, calling the ruling a significant step toward justice and media safety.
The Philippines' Department of Health and Department of Education launched the 'Bakuna Eskwela' school-based HPV vaccination program at Sinabuagan Integrated School in remote Bukidnon, providing the first dose to 10-12 year old girls to prevent cervical cancer.
National Bureau of Investigation (NBI) Director Melvin Matibag urged Vice President Sara Duterte to appear at the bureau and present her account regarding alleged "false accusations" made by dismissed police officer Rodulfo Gracioso Jr. against her. The Vice President's office had stated they received Gracioso's affidavit.
Filipino retail investors can now participate in the Initial Public Offering (IPO) of GCash, the country's leading e-wallet operated by Mynt. Opportunities exist to purchase shares before the official Philippine Stock Exchange debut via the GStocks PH app and PSE EASy platform, though careful consideration of valuation and secondary share proportions is advised.
Dengue fever infections in Agusan del Sur, Philippines, have reached 2,185 cases, with one new death bringing the total fatalities to 15. This surge occurred just four days after health officials declared an outbreak, indicating a persistent spread of the disease.
Vice President Sara Duterte on Tuesday branded dismissed policeman Rudolfo Gracioso as someone "paid" to destroy her reputation, suggesting his actions stemmed from a personal financial dispute with former House Speaker Lord Allan Velasco.
Melquiades “Mel” A. Robles, general manager of the Philippine Charity Sweepstakes Office (PCSO), has been promoted to rear admiral in the Philippine Coast Guard Auxiliary (PCGA). Robles views the promotion as an opportunity to strengthen his commitment to the PCGA.
Philippine health groups are criticizing the proposed 2027 budget for the national health insurance corporation, PhilHealth, citing a significant funding shortfall and urging for an increase to alleviate Filipinos' out-of-pocket healthcare expenses. Concerns are also raised over proposed budget hikes for the controversial Medical Assistance to Indigent and Financially Incapacitated Patients (MAIFIP) program.
The Philippine weather bureau forecasts heavy to intense rains in parts of Metro Manila and Luzon on Tuesday afternoon due to localized thunderstorms. Residents in affected areas are advised to be vigilant against potential flooding and landslides.
Fifty-one individuals, predominantly foreign nationals, apprehended in the largest Philippine Offshore Gaming Operator (POGO) raid in Zamboanga Sibugay last week are being flown to Manila. This operation marks a significant crackdown on illegal POGO operations in the region.
A Philippine senator has filed a resolution to honor gymnast Carlos Yulo's historic double-gold achievement at the Asian Games. This feat is recognized as a significant triumph for Filipino sports.