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🇵🇭 Philippines News Archive

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BusinessWorld Nation

SC Dismisses Petitions on Impeachment Vote Interpretation

The Philippine Supreme Court dismissed three petitions challenging the Senate impeachment court's interpretation of the two-thirds vote required for conviction in impeachment cases, citing lack of standing and prematurity.

BusinessWorld Nation

Palace Warns Officials Against Evading Responsibility, Cites Arias Doctrine

The Philippine Presidential Palace warned public officials against using the Arias doctrine to evade responsibility for questionable transactions, especially when warning signs of irregularities emerge. The statement follows Davao City Mayor Sebastian Duterte's testimony before the Senate.

BusinessWorld Nation

House subcommittee to review budget; NUP eyes special provisions

The House Budget Amendments and Review Subcommittee is set to begin deliberations on the 2027 national budget. The National Unity Party (NUP) plans to push for special provisions concerning fund implementation and release for infrastructure and social services.

BusinessWorld Nation

Philippines Ramps Up Drought Measures Amid Looming Severe El Niño

The Philippine government is intensifying preparations to safeguard water supplies, agricultural output, and public health against the escalating risks posed by a severe El Niño event. Measures include irrigation system upgrades, adoption of drought-resistant crops, and financial aid for farmers.

BusinessWorld Economy

Metro Manila Retail Price Growth Slows in August Amidst Volatile Outlook

Retail price growth of general goods in Metro Manila (NCR) slowed to 3.9% year-on-year in August from 4.0% in July, primarily due to a deceleration in manufactured goods, according to the Philippine Statistics Authority. However, experts caution about future price volatility.

BusinessWorld Economy

Philippines Slips in Global Innovation Index, Misses Government Target

The Philippines fell two places to 52nd out of 139 economies in the World Intellectual Property Organization’s (WIPO) 2026 Global Innovation Index (GII), missing the government's target of 49th. The decline was attributed to lower rankings in innovation inputs.

BusinessWorld Economy

Farmers Push for Favorable Taxation of Drinks Using Domestic Sugar

Philippine farmers are advocating for a tiered tax system on beverages, pushing to maintain the current P6/liter rate for drinks sweetened with locally produced sugar while imposing up to P40/liter on those using other sweeteners, according to the Sugar Regulatory Administration (SRA).

Inquirer NewsInfo

Ex-cop takes lie detector test over 'cash delivery' claims

Former police officer Rodulfo Gracioso Jr. underwent a lie detector test at the National Bureau of Investigation (NBI) in connection with his affidavit claiming he delivered suitcases of cash to Vice President Sara Duterte and other members of the Duterte family. The test aims to verify the veracity of his statements.

Inquirer NewsInfo

DPWH, DOTr Secretaries' Appointments Extended

The appointments of Vince Dizon and Giovanni Lopez as acting secretaries of the Department of Public Works and Highways (DPWH) and Department of Transportation (DOTr) have been extended, according to Executive Secretary Ralph Recto. This signals the Marcos administration's commitment to ongoing infrastructure and transport sector development.

Inquirer NewsInfo

Senate Panel Swiftly Approves P10.15-B Budget for Office of the President

The Philippine Senate committee on finance swiftly approved the proposed P10.15-billion budget for the Office of the President (OP) for 2027, adhering to tradition and parliamentary courtesy. The budget for the Presidential Management Staff (PMS) was also approved concurrently.

Inquirer NewsInfo

Marcos Pledges Enhanced Support for Filipino Teachers' Careers

President Ferdinand Marcos Jr. has pledged to strengthen preparation and development in teachers' careers, citing issues like educators being assigned outside their specializations and training that doesn't reflect classroom realities. The initiative aims to improve teacher training programs and support professional growth.

Inquirer NewsInfo

MILF Infighting in Maguindanao Claims Boy's Life

An armed clash between two rival factions of the Moro Islamic Liberation Front (MILF) in Maguindanao del Sur, Philippines, resulted in the death of an 11-year-old boy from stray bullets and wounded one man. Police are investigating the incident.

Inquirer NewsInfo

NIA Prepares Mitigation Measures for Looming El Niño – Palace

The Philippine government, through the National Irrigation Administration (NIA) and other agencies, is intensifying efforts to mitigate the effects of the looming El Niño phenomenon, focusing on irrigation system maintenance and canal clearing operations, Malacañang announced on Wednesday.

Inquirer NewsInfo

BFAR Studies Octopus Breeding for Sustainable Farming in Mimaropa

The Bureau of Fisheries and Aquatic Resources (BFAR) in Mimaropa, Philippines, has initiated a study on the reproductive biology of the octopus Octopus cyanea. The research aims to gather scientific data to support sustainable fisheries management in the region.

MindaNews Philippines (GN)

Filipino Traders to Undertake Mission to Malaysia

Filipino traders are planning a mission aimed at boosting trade with Malaysia, a move that could signify a step towards strengthening economic ties between the two nations.

MindaNews Philippines (GN)

Davao Region GRDP Shrinks in 2019 - Analysis of Past Data

The Gross Regional Domestic Product (GRDP) of the Davao Region contracted in 2019, according to a report from MindaNews Philippines. This figure is a key indicator for understanding regional economic trends.

Philstar Business

Philippine Forex Loans Climb to $16.3 Billion in Q2

Philippine banks' foreign currency loans (FCDU loans) rose by 5.6% to $16.31 billion in the second quarter of 2023, driven by increased borrowing from exporters and other industries. This marks a year-on-year increase of 2.4%, indicating robust industrial activity and a growing need for foreign exchange financing.

Philstar Business

Filipino Brands Among Asia's Top 100 Retailers

Philippine retail giants ShopSM, Penshoppe, and Bench have been recognized among Asia's Top 100 Retailers, a list measuring consumer trust. This highlights the regional strength of Filipino brands.

Philstar Business

Philippines to Build Renewable Energy-Powered Data Centers

Meralco PowerGen Corp. (MGEN) and PLDT's VITRO REIT Inc. have signed an MOU to explore a joint venture for developing renewable energy-powered data centers. This move is a significant step towards meeting the growing demand for digital infrastructure and attracting AI investments in the Philippines.

Philstar Nation

Tropical Cyclone Spotted East of Philippines, Direct Impact Unlikely

A tropical cyclone has been observed east of the Philippine Area of Responsibility (PAR), according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The storm is not currently forecast to enter PAR, suggesting a limited direct impact on the country's weather.

Philstar Business

EPIRA at 25: Distribution Utilities' Performance Gap Highlights Rural Challenges

Twenty-five years after the Electric Power Industry Reform Act (EPIRA) of 2001, a significant disparity in blackout duration (SAIDI) has emerged between urban distribution utilities (DUs) and rural electric cooperatives (ECs). The underdevelopment of infrastructure and operational inefficiencies within rural ECs are highlighted as key challenges.

Philstar Business

China Bank Savings Deepens Support for Educators During National Teachers' Month

China Bank Savings (CBS) is strengthening its support for Filipino educators nationwide through financial wellness initiatives, coinciding with the country's National Teachers' Month. Approximately 1,200 education personnel have benefited from financial literacy sessions, with a raffle featuring significant prizes to be held on National Teachers' Day on Oct. 5.

Philstar Business

Philippine Stocks Hit 10-Month Low on Inflation Worries

The Philippine stock market hit a 10-month low as investor sentiment soured following the central bank's warning of potential inflation reaching up to 7.4% in September. All sectors declined, casting a shadow over overall market sentiment.