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Filipino fintech giant GCash has secured commitments from over 20 global and local institutional investors, including BlackRock, for its record-setting Initial Public Offering (IPO). The total commitments amount to approximately P36.5 billion, bolstering the company's market position ahead of its planned stock exchange debut.
In the Philippines, Sebastian Duterte, son of former President Rodrigo Duterte, is facing criticism over an impeachment court ruling on the required votes for conviction. Politicians have mocked him, signaling a deepening political division within the country.
Philippine officials, including Manny Pacquiao, visited Pag-asa Island in the West Philippine Sea to distribute aid and assess community needs. The delegation reportedly encountered radio challenges attributed to China during their flight but landed safely.
The Philippine Health Insurance Corporation (PhilHealth) has announced a phased expansion of its benefit packages until 2028, aiming to reduce out-of-pocket expenses for patients and focusing on high-burden diseases and financial risks. However, the insurer flags a budget shortfall for the upcoming year, necessitating additional funding.
The IMF has indicated that continued reforms are essential to fully unlock the Philippines' economic growth potential, emphasizing the importance of fiscal consolidation and structural reforms.
A lawyer has petitioned the Supreme Court to nullify the Senate impeachment court's ruling on the threshold for conviction, marking the second challenge to the voting standard. The ruling excluded non-participating senators from the calculation.
The Philippine Presidential Palace announced that President Marcos is ready to show 'strong political will' regarding a ban on select social media apps. Specific app names and details of the regulation remain undisclosed, but it signals a new development in the country's digital space.
Thirteen local government units (LGUs) in Bukidnon, Philippines, were honored with gold awards in the Gawad Kalasag 2026 for their outstanding disaster resilience and response programs, as recognized by the Office of Civil Defense (OCD).
Prosecutors in the impeachment trial of Philippine Vice President Sara Duterte are seeking to subpoena former Senator Antonio Trillanes IV to testify on allegations of her unexplained wealth. Trillanes had previously raised claims of fund transfers to the Duterte family.
Philippine shares ended Friday in positive territory, breaking a five-day losing streak and reclaiming the 5,800 level. Bargain hunting by investors, coupled with expectations of lower fuel prices next week, boosted market sentiment.
The Asian Development Bank (ADB) has approved $1.5 billion in crisis response financing to support the Philippine government in maintaining essential public services and protecting families amidst rising prices driven by the Middle East conflict. This funding aims to secure fuel supplies, affordable power, healthcare, food, and assist affected overseas Filipino workers.
Scattered rains are expected across the Philippines as Tropical Storm Surigae, locally known as Queenie, remains within the Philippine Area of Responsibility and may intensify into a typhoon, the state weather bureau announced.
The Philippine Coast Guard accused Chinese vessels of obstructing a resupply mission to troops in the South China Sea. Dangerous maneuvers created a risk of collision, preventing the mission's completion. The Philippines urged China to cease interference with its lawful operations.
Philippine authorities have issued a warning regarding potential restrictions on Facebook, hinting at concerns over platform policies or content moderation.
Five residents of San Fernando town on Sibuyan Island have filed an administrative complaint against their municipal council. They allege irregularities in council proceedings that endorsed a mining project on the environmentally critical island, seeking an investigation.
Philippine President Ferdinand Marcos Jr. has signed a law extending the terms of barangay and Sangguniang Kabataan (SK) officials to five years, postponing the next elections until November 2028. This effectively grants incumbent officials an additional two years in office.
Senate President Sherwin Gatchalian has denied rumors circulating on social media that the Senate minority bloc is planning to boycott the impeachment trial of the Vice President, stating he has "heard nothing of the sort." The alleged boycott stems from the minority senators' abstention from a vote on changing the threshold for conviction, a decision that has led to petitions filed with the Supreme Court. Gatchalian, however, affirmed that the trial will proceed as scheduled unless a Temporary Restraining Order (TRO) is issued by the Supreme Court.
Face-to-face classes have resumed at Sta. Fe National High School in San Marcelino, Zambales, after nearly two months of suspension due to severe flooding and lahar. Local residents are hopeful about a new road project aimed at improving the commute.
Davao Light and Power Company (DLPC) has resumed the delivery of electricity bills, allowing customers to receive their statements at home after a temporary suspension.
Doctors from SPMC (Saragani Pacific Medical Center) have joined the 'Caring for Carers III' program held in Igacos. This initiative aims to enhance the well-being of healthcare professionals.
The Philippines has publicly confirmed for the first time that Chinese maritime forces 'hindered' a resupply mission to the BRP Sierra Madre at Ayungin Shoal, escalating tensions in the South China Sea.
Tropical Storm Queenie continues to maintain its strength over the Philippine Sea east of extreme northern Luzon. The Philippine weather bureau reports maximum sustained winds of 75 kph.
Senator Robinhood Padilla appeared at the Department of Justice (DOJ) to file his counter-affidavit over an obstruction of justice complaint. He is accused of aiding Senator Bato Dela Rosa's "escape" amid an ICC arrest warrant. Padilla maintains he did not help Dela Rosa flee.
A recent study has revealed that local government units (LGUs) in the Philippines are scoring low in their readiness for artificial intelligence (AI) adoption. This lag in technological integration could impact the quality and efficiency of public services.
A major anti-drug operation in Roxas town, Oriental Mindoro, Philippines, resulted in the seizure of approximately P1.87 million worth of suspected shabu and firearms. Police arrested one suspect believed to be part of a high-value drug syndicate.
Senator Loren Legarda's camp is urging the Office of the Ombudsman to reconsider the plunder and graft complaints filed against her and her son, Congressman Leandro Leviste, citing insufficient evidence. The camp alleges the complaints are politically motivated "lawfare" aimed at silencing Leviste's exposés on corruption.
Former Speaker Martin Romualdez is expected to testify in court to defend himself against a P7.4 billion plunder charge. His lawyer confirmed the intention to testify and indicated that a bail petition would be filed soon.
The Philippine Coast Guard accused China of obstructing a resupply mission for Filipino troops stationed on a grounded World War II-era warship in the South China Sea, stating the action "put Filipino personnel at risk."
Philippine Airlines (PAL) announced it will launch nonstop services from Manila to Delhi and Mumbai, India in December 2026, aiming to create new opportunities for business, tourism, and trade between the two nations.
Claims circulating on social media suggest Senators Mark and Camille Villar, along with Senator Robin Padilla, are facing arrest to force the ouster of Vice President Sara Duterte. However, these assertions lack factual basis and have been debunked. While the Villar siblings face graft complaints, these are unrelated to the VP's impeachment trial, as is the case for Senator Padilla.
Philippine Airlines (PAL) plans to launch nonstop flights connecting Manila with Delhi and Mumbai in India starting December 2026. This move is expected to create new opportunities for travel, business, and cargo between the two nations.
Vic Rodriguez, a former presidential spokesperson and an ally of Vice President Sara Duterte, has filed a petition for certiorari with the Supreme Court. He challenges the Senate impeachment court's ruling that lowered the threshold for conviction, arguing it violates the constitutional requirement of 'two-thirds of all the Members of the Senate'.
The Philippine National Task Force for the West Philippine Sea (NTF-WPS) reported that Chinese Coast Guard and PLA Navy vessels interfered with a Philippine resupply mission to Ayungin Shoal. The NTF-WPS denounced the actions as interference with legitimate operations within the Philippines' exclusive economic zone and a violation of international law.
Senator Loren Legarda is eager to return home from medical treatment in France, where she is being cared for by her son, Batangas Representative Leandro Leviste. Her medical leave has been extended to October 9, but her return is not ruled out.
The National Bureau of Investigation (NBI) has flagged 51 flood control projects in Davao City for potential irregularities. Further details are awaited pending a comprehensive investigation.
The Philippines' Department of Information and Communications Technology (DICT) lifted its ban on the social media platform Discord within 24 hours, citing successful compliance talks with executives regarding online child safety concerns. The department acknowledged the platform's cooperation.