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The Philippine Department of Energy is urging drivers to refuel this weekend due to an anticipated surge in gasoline prices, driven by escalating tensions in the Middle East. Significant price increases are expected to take effect next Tuesday, prompting the government to advise consumers to mitigate the impact.
The Department of Budget and Management (DBM) in the Philippines has approved an additional P8.68 billion for the Department of Education (DepEd) to fund salary upgrades for over 93,000 public school personnel, as part of a system to support teacher career advancement.
A former Department of Education (DepEd) undersecretary testified that no confidential funds were disbursed to the Armed Forces of the Philippines (AFP) during the tenure of Vice President Sara Duterte as DepEd secretary, a crucial point in the impeachment trial.
The Philippine Department of Foreign Affairs has pledged to send fresh instructions to its embassy in Nairobi, Kenya, to press Somali authorities for the repatriation of the remains of Sam Dela Cruz, a 25-year-old Filipino seafarer who died in Somalia in 2018. Eight years later, no official response has been received from Somali authorities, and the seafarer's remains have yet to return home.
Malacañang has ordered the implementation of alternative learning modes in public and private educational institutions across the National Capital Region and several provinces on Friday, due to anticipated heavy rainfall and poor air quality.
Asian currencies rose against the US dollar, led by the Philippine peso, with the Indonesian rupiah also strengthening. This suggests a potential recovery in Asian economies and increasing investor interest in the region.
Philippine President Ferdinand Marcos Jr. signed amendments to the Universal Access to Quality Tertiary Education Act (UAQTEA), expanding government assistance for disadvantaged college students, particularly those from poor families and Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries.
Philippines' August inflation eased to 6.1% from 6.2% in July, falling within the government's target range. This downtrend was primarily driven by slower price increases in food and fuel, though low-income households continue to face disproportionately high inflation.
Former Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan has been released from detention following an order from the Sandiganbayan, allowing him to be dropped as an accused in a corruption case. He was removed from the charges related to former Senator Jinggoy Estrada's bribery case to serve as a state witness.
Moody's Analytics reports that the Philippine economy is losing momentum, failing to capitalize on the global artificial intelligence (AI) boom. While regional neighbors are benefiting from AI-driven investments, the Philippines faces headwinds from weak domestic demand and political uncertainty.
Despite criticism over his remarks on the peso, Bangko Sentral ng Pilipinas Governor Eli Remolona Jr. received support from market analyst Jonathan Ravelas, who stated "saving is an economic strategy." Ravelas also emphasized the need for wise spending and investment. Separately, AREIT Inc. appointed a capital markets expert as COO to bolster its expansion plans.
The Makati Business Club (MBC) warns that the biggest headwind facing the Philippine economy in 2027 could be the government’s failure to enact meaningful changes, leading to a 'business as usual' scenario. Delays in public spending and corruption allegations are undermining confidence, hindering economic growth.
The Philippine government's outstanding debt reached a fresh all-time high of P19.39 trillion by the end of July, driven by new borrowings and the peso's depreciation. Both domestic and external debts saw increases, bringing the total close to 98% of the government's annual debt program.
DMCI Mining is on track to surpass its 2025 production record, with favorable weather boosting shipments despite seasonal operational disruptions. The company is progressing well towards its targets at its Palawan and Zambales mines.
Three individuals linked to the March 2023 Pamplona massacre, which killed former Negros Oriental Governor Roel Degamo and nine others, have been convicted of illegal possession of firearms and explosives. The widow of the former governor is pushing for the apprehension of remaining suspects.
The Philippine Securities and Exchange Commission (SEC) is promoting climate adaptation projects to attract large-scale financing. The goal is to transform climate goals into measurable, credible, and investable projects to channel private capital towards climate resilience across the ASEAN region.
Mactan-Cebu International Airport (MCIA) is strengthening its position as a premier transfer hub in Asia by enhancing its 'CEB Connects' facility, designed to streamline transit processes. Since its launch in April 2025, it has handled over 500,000 transit passengers with a 73% utilization rate.
The Aboitiz Foundation and Philippine fintech firm GCash have launched the 'CarbonPH x GForest Project' to plant one million trees in Cebu over the next five years, aiming to restore forests and coastal ecosystems.
The Philippines is experiencing heavy rains in Metro Manila and 10 other areas due to the southwest monsoon, increasing the risk of floods and landslides. The state weather bureau has issued warnings.
The Visayas and Mindanao power grids in the Philippines were placed under red alert on September 4, 2026, due to insufficient power supply. Numerous power plants are on forced outage or operating at reduced capacity, exacerbating the supply deficit.
The Philippine peso hit an all-time low, prompting the central bank governor to mention 'consumption culture,' sparking debate. Experts point to structural issues like reliance on private consumption, weak exports, and current account deficits as key factors.
Lanao del Sur Rep. Zia Alonto Adiong stated he does not expect supporters of the Duterte family to acknowledge strong evidence presented against Vice President Sara Duterte in her impeachment trial. The lawmaker noted these individuals exist within their own "echo chamber" and a parallel universe.
The municipality of Bilar in Bohol, Philippines, has suspended classes for kindergarten, elementary, and secondary levels due to worsening air quality caused by haze from wildfires in Indonesia's Kalimantan and Sumatra regions, prioritizing public health.
In Abra, Philippines, a school is integrating indigenous knowledge and practices into its senior high school curriculum. Through hands-on learning in natural dyeing and weaving, the initiative aims to preserve cultural heritage that is slowly fading.
Prosecutors in the impeachment trial of former President Duterte have pushed back against claims of a lack of a 'smoking gun,' urging critics to 'unmute the video' to review presented evidence. The trial has now entered its 21st day with ongoing evidence presentation.
The latest OCTA survey in the Philippines shows a decline in trust and performance ratings for the Senate, while the House of Representatives saw a slight increase, though still trailing the upper chamber. The Senate's ratings appear affected by a period of turmoil including the start of impeachment proceedings and arrests of senators.
The Sandiganbayan, the Philippines' anti-graft court, has ordered the release of former Public Works and Highways Secretary Manuel Bonoan from "hospital arrest" after his exclusion as an accused in graft and plunder charges. Meanwhile, Senator Jinggoy Estrada pleaded not guilty to charges of plunder and graft.
Malacañang has ordered schools in Metro Manila and 15 areas in Luzon to shift to alternative learning modes on September 4 due to heavy rains and poor air quality. The measure is in response to the enhanced southwest monsoon (habagat) and haze from Indonesia.
Philippine Seven Corp. (PSC), the exclusive licensee of 7-Eleven stores in the Philippines, is on track to reach 5,000 stores by year-end, despite economic pressures. The milestone 5,000th store will open in Lapu-Lapu City, Cebu, marking a significant expansion just two years after hitting 4,000 stores and 40 years after entering the country.
Despite joining the US-led Pax Silica initiative, the Philippines faces concerns of missing out on tangible benefits due to internal government coordination gaps and insufficient public explanation. Experts warn of a potential missed opportunity if swift action is not taken.
Philippine Airlines (PAL) has received its fourth Airbus A350-1000 aircraft, nearing the halfway point of its initial order for nine. This strengthens its long-haul international routes, particularly to North America, and solidifies its position as the sole Southeast Asian carrier operating the A350-1000.
The House of Representatives prosecution panel aims to conclude its presentation of evidence in the impeachment case against Vice President Sara Duterte for alleged misuse of confidential funds by September 9. The witness list is still being finalized, but the panel seeks a swift conclusion.
The Philippines plans to attract approximately $12.6 billion in investments to regain its position as the world's second-largest geothermal power producer. The Department of Energy is enhancing government support mechanisms to mitigate exploration risks and seeking collaboration with international financial institutions.
The Philippines' Department of Agriculture (DA) is exploring smart farming technologies to enhance agricultural productivity and close technological gaps. A delegation visited a leading farm in China's Zhejiang province to study digital systems and precision management, recognizing that economic and effective implementation within the Philippines remains a key challenge.
A Philippine bishop urged religious superiors to make the Church a "prophet" that confronts poverty, violence, and injustice, rather than one that maintains the status quo. He stressed the need to defend communities affected by conflicts over land and natural resources, destructive mining, and reclamation projects.
Philippine Representative Antonio Tinio has urged President Ferdinand Marcos Jr. to release the report on the use of confidential and intelligence funds (CIF) by the Office of the President (OP) since 2023. While a Palace spokesperson cited transparency, the lawmaker insists on specific disclosure.