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🇵🇭 Philippines News Archive

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Inquirer NewsInfo

Green Sea Turtle Rescued from Fishing Net in Isabela

A green sea turtle entangled in a fishing net was rescued and released back into the sea off Dinapigue, Isabela. The swift action, involving local residents and government agencies, highlights efforts to protect marine wildlife.

Inquirer Business

Few EU Firms Eye New Entry into PH; Existing Operators Keen on Expansion

A regional survey of European Union (EU) businesses in Southeast Asia revealed that only 8% of firms without a current presence in the Philippines are planning to enter the market. In contrast, 66% of existing EU businesses in the Philippines expressed intent to expand their operations, highlighting a significant gap between new entry appetite and existing operator expansion desires.

Inquirer Business

PSEi Recovers Above 6,100 Amid Bargain Hunting, But Caution Lingers

The Philippine stock market rebounded above the 6,100 level on Tuesday, buoyed by bargain hunting in heavyweight stocks like ICTSI and renewed foreign inflows. However, subdued trading volumes and persistent macroeconomic and geopolitical uncertainties indicate continued investor caution.

GMA News Philippines

BARMM Gears Up for First Regular Elections, Adopting Parliamentary System

The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in the Philippines is set to hold its first regular elections on September 14, 2026. This marks a transition to a "parliamentary form of government," where the Chief Minister will be elected by a majority vote of parliament members, not directly by the public. The shift aims to deepen the region's autonomy and political stability.

Philstar Nation

VP Duterte to attend arraignment on grave threats charges Friday

Philippine Vice President Sara Duterte will appear in court on Friday to face arraignment on grave threats charges. While she has already posted bail, her physical presence is seen as a significant development amidst potential political tensions.

Philstar Nation

NBI Seeks Lookout Bulletin vs Leviste, 6 Others in Alleged Honey Trap Plot

The National Bureau of Investigation (NBI) is seeking an immigration lookout bulletin against Batangas Rep. Leandro Leviste and six others allegedly involved in a honey trap plot targeting a top presidential aide. Leviste is believed to be abroad, prompting the authorities' move to prevent his evasion of legal proceedings.

Philstar Nation

Philippines Kicks Off 'Ber Months' Christmas Countdown Four Months Early

The Philippines officially kicks off its Christmas season in September with the start of the 'ber months,' a four-month celebration deeply rooted in the nation's Catholic faith. Despite economic hardships, Christmas decorations offer a sense of hope and relief to its people.

Philstar Nation

Senate impeachment court to tap legal experts on voting threshold

The Senate impeachment court in the Philippines will seek the opinions of constitutional experts (amici curiae) on the voting threshold required for a conviction in the Vice President's impeachment trial. This move aims to resolve differing interpretations of the vote count amid the absence of four senators.

Philstar Nation

Sandiganbayan summons doctors of Romualdez over health status

The Sandiganbayan, the anti-graft court in the Philippines, has ordered four doctors of former House Speaker Martin Romualdez to testify regarding his health condition, as the court considers whether he can continue hospital confinement under custody.

Philstar Business

SSS Expands Microloan Access Through UnionDigital Bank

The Social Security System (SSS) has launched its microloan program, LoanLite, in partnership with UnionDigital Bank (UD). Eligible members can now apply for loans up to P20,000 through UD's mobile app, enhancing access to financial assistance.

Philstar Business

GCash IPO Price May Be Lowered Amid Investor Talk

Mynt Inc., the parent company of e-wallet giant GCash, is reportedly considering a lower offer price for its upcoming IPO, potentially impacting the projected record-breaking proceeds for the Philippines' largest-ever listing.

Philstar Business

Philippines Struggles to Attract Investors Amid Soaring Electricity Costs

Soaring electricity costs and unreliable supply in the Philippines are a major deterrent to foreign investment in the manufacturing sector. While ASEAN neighbors subsidize power rates, the Philippines faces high end-user charges due to various add-ons, hindering industrial competitiveness.

Philstar Business

PSEi Recovers to 6,100 Amid Peso Weakness and High Unemployment

The Philippine stock market recovered to the 6,100 level despite the peso's depreciation and a four-year high in July unemployment, as investors capitalized on cheap valuations. However, trading volume remained thin, indicating cautious market sentiment.

Philstar Business

Philippines Reserves Hit 5-Month High of $104.81B in August on Higher Gold Prices

The Philippines' gross international reserves (GIR) rose to a five-month high of $104.81 billion in August, primarily driven by valuation gains in the Bangko Sentral ng Pilipinas' (BSP) gold holdings due to higher global gold prices. This increase offset government debt payments, maintaining adequate reserves.

Philstar Business

Philippine Peso Hits New Record Low Against Dollar

The Philippine peso has hit a new record low against the US dollar, driven by rising oil prices, global inflation concerns, and expectations of tighter monetary policy. Experts anticipate that future peso movements will be influenced by oil prices, Middle East developments, and US inflation data.

Philstar Business

DOE Chief's New Dream: To Speak the Language of Rocks

Philippine Department of Energy (DOE) Secretary Sharon Garin has expressed a profound interest in geology, lauding Filipino geologists as world-class experts crucial for the nation's natural resource exploration.

Inquirer NewsInfo

New Police Director Installed for Agusan del Sur Provincial Police Office

Agusan del Sur Provincial Police Office has a new director, Col. Romeo Villalobos Jr., who replaced Col. Yahya Yusup. A turnover ceremony was held, with the regional police director commending the outgoing officer and expressing confidence in Villalobos' leadership, urging support from personnel.

Philstar Business

Metrobank Banks on Financial Strength to Sustain Lending Amid Economic Uncertainty

Metropolitan Bank & Trust Co. (Metrobank) is set to continue its lending and investments in services despite economic uncertainty, leveraging its robust financial standing as it celebrates its 64th anniversary. The bank reported P24.9 billion in net income and P3.9 trillion in consolidated assets for the first half of the year.

Philstar Business

Philippines Spurs Global Expansion for IT-BPM Sector, Eyes New Markets

The IT and Business Process Management Association of the Philippines (IBPAP) has launched a new alliance with real estate, financial, and investment promotion agencies to attract global firms. The initiative aims to achieve $50.5 billion in revenue and 2.14 million jobs by 2028.

Philstar Nation

2 minors die in Misamis fire

Two young children died in a house fire in Ozamiz City, Misamis Occidental, Philippines. The light-material house was completely destroyed, with property damage estimated at P125,000.

Philstar Nation

Comelec, Tech Firm Ink Pact for BARMM Poll Monitoring System

The Commission on Elections (Comelec) has partnered with tech firm Dynamic Outsource Solutions Inc. (DOS-1) to develop a system for monitoring and managing technical and operational issues for the upcoming Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) parliamentary election, aiming for timely resolution and improved coordination.

Philstar Business

DOE targets 160 MW from biomass auction

The Department of Energy (DOE) is auctioning 160 megawatts (MW) of biomass power capacity as part of its renewable energy targets, aiming to increase renewables' share in the energy mix to 35 percent by 2030. The maximum bid price is expected next month.

Philstar Nation

Deal Signed to Safeguard Balikbayan Boxes for Overseas Filipinos

The Bureau of Customs and the Commission on Filipinos Overseas have signed an agreement to protect "balikbayan boxes" sent by overseas Filipinos. This initiative aims to address issues of fraudulent companies, delays, and damages, thereby safeguarding the rights of overseas Filipino workers.

Philstar Nation

Paolo Duterte may be summoned over Davao flood projects

The National Bureau of Investigation (NBI) may summon Rep. Paolo Duterte in connection with a probe into nearly P1.9 billion worth of flood control projects in Davao City awarded to a single contractor, as the bureau continues to gather evidence.