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🇵🇭 Philippines News Archive

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Page 293

Philstar Nation

Ombudsman to oppose ex-Speaker’s hospital detention

Philippine prosecutors will strongly oppose Leyte Rep. Martin Romualdez's bid for continued hospital confinement as he faces a non-bailable P7.4-billion plunder charge, advocating for transfer to a regular detention facility.

Philstar Nation

NCR tripartite board OKs P60 wage hike

The Regional Tripartite Wages and Productivity Board in the National Capital Region has approved a P60 daily minimum wage increase. However, its implementation awaits further review as a previous P85 hike remains under court injunction.

Philstar Nation

SC acquits Imelda Marcos of graft charges

The Supreme Court of the Philippines overturned the graft conviction of former First Lady Imelda Marcos related to her alleged interests in Swiss foundations, citing insufficient evidence and failure to prove guilt beyond reasonable doubt.

Philstar Business

Philippines Pushes Semiconductor Industrialization Amidst Hype and Reality

The Philippines is pushing for industrialization in the semiconductor and electronics sector under the "Pax Silica" initiative, aiming for $110 billion in exports by 2030. However, reliance on China and regulatory hurdles present significant challenges to achieving these ambitious goals.

Philstar Business

El Niño to Hit Philippines Rice Supply Next Year, DA Warns

The Philippine Department of Agriculture warns that the incoming El Niño, expected to fully set in next year, could severely impact the country's rice supply and production, particularly during the first semester harvest. The government plans to continue rice imports and support farmers.

Philstar Business

Pag-IBIG, SMDC Forge Housing Finance Partnership

The Philippines' Pag-IBIG Fund has partnered with property developer SMDC to expand housing options under the government's 4PH Program, offering preferential loan rates to qualified borrowers on selected units.

Philstar Business

Weak Peso Exacerbates Household Woes, Exposes Structural Economic Gaps

The Philippine peso is hovering near historic lows, increasing the cost of imported goods and straining household budgets. Experts point to the economy's structural weaknesses, including heavy import reliance and sluggish domestic industries, as key factors exacerbating the situation.

Philstar Business

Remolona Among World's Top Central Bankers for Third Straight Year

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has once again been recognized with an A- grade in Global Finance magazine's Central Banker Report Cards for the third consecutive year, placing him among the world's highest-rated central bank chiefs for his performance in inflation control, economic growth, and currency stability.

GMA News Philippines

Pope Leo XIV Sends Condolences to Cardinal Tagle Over Father's Passing

Pope Leo XIV has sent a letter of deep condolences to Cardinal Luis Antonio Tagle, a prominent figure in the Philippine Catholic Church, following the passing of his father, Manuel Tagle Sr. The Pope expressed spiritual closeness to the Cardinal and his family, praying for the eternal rest of the deceased.

Philstar Business

Thai Firm to Invest $1 Billion in Floating Solar Farm on Laguna Lake

SunAsia Energy of the Philippines and Gunkul Engineering of Thailand have partnered on a $1 billion project to build a 1-gigawatt floating solar farm on Laguna Lake, touted as the largest in the region. The deal highlights strengthening bilateral cooperation in renewable energy.

Philstar Nation

3 Dead in Separate Road Accidents in Quezon

Three people, including two minors, died in separate vehicular accidents in Quezon province on Tuesday. Investigations point to loss of control and driver negligence as contributing factors.

Philstar Business

BIR Streamlines VAT Refund Process for Export Firms

The Philippine Bureau of Internal Revenue (BIR) has issued new guidelines allowing export-oriented enterprises (EOEs) to claim refunds for value-added tax (VAT) paid while awaiting their VAT zero-rating certifications, potentially improving exporter cash flow.

Philstar Nation

NPA leader slain in Leyte encounter

An alleged leader of the New People’s Army (NPA), Erwin Maceda, was killed in a firefight with security forces in Baybay, Leyte, raising concerns about the group's influence.

Philstar Business

Philippines Targets Over 100K Unenergized Homes with Microgrid Auction

The Philippine government plans to auction microgrid projects to electrify approximately 100,000 households in remote areas, aiming to boost education, livelihoods, health, and economic opportunities. This initiative is a significant step towards achieving nationwide electrification by 2043.

Philstar Nation

PNP Probes Unlicensed Police Vehicle

The Philippine National Police (PNP) has launched an investigation into a PNP officer caught driving an unlicensed police vehicle in Quezon City, vowing to address public concerns seriously.

Philstar Nation

2 of 47 lost shipping containers recovered off Batangas

Only two of the 47 empty shipping containers that fell from the motor vessel Span Asia 39 off Batangas have been recovered, the Philippine Coast Guard reported. The remaining containers pose a navigation hazard, prompting a warning from the PCG.

Philstar Business

SM Group Honored for Stakeholder Communications at Philippine Quill Awards

The Philippines' SM Group received 15 Philippine Quill Awards for its diverse communication programs, including community engagement, customer service, financial education, investor relations, and digital communications, highlighting its commitment to strengthening relationships with customers, investors, and communities.

Inquirer NewsInfo

Marcos Jr. Declares Holiday in Ilocos Norte for Father’s Birth Anniversary

President Ferdinand R. Marcos Jr. has declared September 11 a special non-working holiday in Ilocos Norte to commemorate the 109th birth anniversary of his father, the late Ferdinand E. Marcos Sr., allowing residents to participate in commemorative activities. Other holidays were also declared in different regions.

Inquirer NewsInfo

Palace Detaches From Romualdez's Hospital Stay, Cites Non-Interference

The Philippine Presidential Palace (Malacañang) has adopted a non-interference policy regarding the hospitalization of former House Speaker Martin Romualdez, stating that doctors will determine his medical status. Romualdez is currently confined for multiple ailments, drawing some criticism.

Inquirer NewsInfo

Cop Arrested for Alleged Rape of Minor in Misamis Oriental

A police officer in Misamis Oriental, Philippines, has been arrested on suspicion of raping a minor. The provincial police have pledged support for the victim and promised a swift and impartial investigation.