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🇵🇭 Philippines News Archive

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Philstar Nation

ICC Prosecutor Submits Witness, Evidence List Against Duterte

The International Criminal Court (ICC) prosecutor has formally submitted a list of witnesses and evidence for the upcoming trial against former president Rodrigo Duterte for crimes against humanity. The trial is scheduled to commence on November 30.

Philstar Nation

DepEd Official Denies Direct Knowledge of Confidential Fund Liquidation

Department of Education (DepEd) Undersecretary Michael Poa, despite signing replies to a state audit on confidential funds, stated he had no direct knowledge of their liquidation or cash rewards to informants, shifting responsibility to a former special disbursing officer. Discrepancies between his written responses to the audit and his testimony were highlighted during a Senate hearing.

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Romualdez camp hits ombudsman’s ‘prejudgment’

Former Speaker Martin Romualdez's camp criticized the Ombudsman for labeling him the "mastermind" of flood control corruption, alleging prejudgment before evidence is presented. Meanwhile, Sen. Jinggoy Estrada vowed to pursue legal remedies to clear his name in a separate corruption case.

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OVP 2027 Budget Cut 11.7% But Vows to Continue Priority Programs

The proposed 2027 budget for the Office of the Vice President (OVP) in the Philippines has been approved at P785.204 million, an 11.7% decrease from the current year's appropriation. Despite the reduction, the OVP has stated its focus remains on implementing priority programs.

Philstar Nation

NLEX Tolls Waived Amid Heavy Traffic Due to Flooding

NLEX tolls between San Fernando and Pulilan have been temporarily waived due to severe traffic congestion caused by flooding. The toll relief was implemented by the Department of Transportation (DOTr) to assist affected motorists.

Philstar Business

SSS Investment Income Expected to Hit P71.4 Billion by Year-End

The Social Security System (SSS) in the Philippines anticipates generating P71.4 billion in investment income by year-end, bolstering its net earnings despite increased pension and benefit payouts. Its investment portfolio is diversified across government debt, equities, and real estate.

Philstar Business

BSP May Hike Rates Once More as El Niño, Weak Peso Loom

Analysts suggest the Bangko Sentral ng Pilipinas (BSP) may implement one more 25-basis-point interest rate hike by year-end, driven by concerns over El Niño-induced food price increases and pressure on the peso.

Philstar Business

Peso's Depreciation Dampens Philippine Stock Market

The Philippine stock market declined, reversing previous gains, as investor sentiment soured due to the peso's continued depreciation. Factors like a stronger dollar and rising global interest rates are cited as primary drivers.

Philstar Business

Meralco Selects San Miguel, Aboitiz Units for 600MW Power Supply Deals

Manila Electric Co. (Meralco) has selected units of San Miguel Corp. and the Aboitiz Group as the winning bidders for 600 megawatts (MW) of power supply contracts following a competitive selection process. This significant deal in the Philippine energy sector is expected to influence future electricity rates and supply stability.

Philstar Business

Philippines May Skip US Sugar Exports Amid Production Woes

The Philippines may forgo exporting sugar to the United States this year due to constraints in domestic sugarcane production, according to the Sugar Regulatory Administration. This follows similar decisions in previous years, with concerns over El Niño and pest infestations further impacting output.

Philstar Business

Robinsons Retail Continues Operations as Private Entity, Retains Listed Company Discipline

Robinsons Retail Holdings Inc. (RRHI), a major Philippine retailer, has delisted from the stock exchange after nearly 13 years and transitioned to a private company. However, management has pledged to maintain the discipline of a listed entity and continue its business operations, focusing on enhancing customer experience and store expansion.

Philstar Business

Philippines Proposes P69.9 Billion for Rice Programs

The Philippine government plans to allocate P69.9 billion for rice programs in the 2027 budget proposal, aiming to boost domestic production, increase farmer incomes, and ensure affordable rice for citizens. This investment focuses on three pillars: enhancing local production, supporting farmers, and providing accessible, low-cost rice.

Philstar Nation

DOH: Dengue cases near 118,000 nationwide

The Department of Health (DOH) reported 117,952 dengue cases nationwide from January to August this year, a 41% decrease compared to last year. However, with the onset of the rainy season, an increase in cases is anticipated.

Philstar Business

Ayala Land Forms New Integrated Estates Group Led by Urquijo

Philippine property giant Ayala Land Inc. has established a new integrated estates group, appointing next-generation leader Jaime Zobel Urquijo to head the division. This move signals a strategic shift in the company's urban development approach.

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ASF vaccine approved for commercial distribution in the Philippines

The Philippines has approved the commercial distribution of a vaccine against African Swine Fever (ASF), bringing new hope for the recovery of the country's beleaguered hog industry. The Vietnam-made vaccine will be the first to become available, expected to help stabilize prices and protect farmers.

Philstar Nation

Fire Damages Manila Vice Mayor's Office

A fire broke out at the Manila City Hall, reportedly caused by a refrigerator in the Vice Mayor's office. Aging electrical systems are suspected as the cause, raising concerns about temporary disruptions to operations.

Philstar Business

Nissan Eyes Philippines to Reclaim Top ASEAN Market Position

Nissan Motor Co. Ltd. sees strong potential for the Philippines to reclaim its position as the company's top market in Southeast Asia. Nissan ASEAN and Thailand president Masao Tsutsumi revealed this during a soft launch of the company's latest electrified vehicle models. The growing importance of the Philippine market is underscored, with Nissan optimistic about infrastructure development accelerating the electrification shift in the region.

Philstar Business

SierraCol Chair Tony Hayward Joins Prime Infra Board

Prime Infrastructure Capital Inc. has appointed Tony Hayward, chairman of SierraCol Energy Ltd., Colombia's largest independent oil and gas exploration firm, to its board of directors. This move is expected to bolster the company's global expansion and strategic priorities.

Philstar Business

ERC Officials Accused Over Line Rental Charges in Power Bills

A consumer group in the Philippines has filed a complaint with the Ombudsman against Energy Regulatory Commission (ERC) officials for allowing the inclusion of "line rental charges" in electricity bills. The issue is also linked to discussions on renewable energy and nuclear power.

Philstar Business

Jobstreet by SEEK Enhances MSME Support Nationwide

Jobstreet by SEEK is expanding its capacity-building programs for micro, small, and medium enterprises (MSMEs) across the Philippines through partnerships with local government units (LGUs). The platform aims to help MSMEs facing talent acquisition challenges by providing digital recruitment tools and expert consultations to secure necessary talent for business growth.

Philstar Business

Global Minimum Tax to Boost Philippine Revenue by P24.4B Annually

The Philippines could generate an additional P24.4 billion in annual revenue starting in 2029 with the implementation of a global minimum tax. This measure ensures large multinational groups pay at least a 15% effective tax rate, potentially affecting 1,001 multinational enterprise groups operating locally.

Philstar Nation

Cop, Rob Suspect Killed in Batangas Shootout

A police officer and a robbery suspect were killed in a shootout in Balayan, Batangas, Philippines. The incident began when the suspect allegedly fired at the officers.

Philstar Business

Philippines Eyes Bioethanol Boost Through Diversified Feedstock

The Philippine government is exploring the use of diverse feedstocks, including corn and palm oil alongside sugarcane, to enhance bioethanol production capacity and reduce costs. This initiative aims to improve the competitiveness of domestic production and stabilize fuel prices.

Inquirer NewsInfo

SUV Plunges Off Tarlac Bridge, Killing Two; Search Ongoing

An SUV plunged off Agana Bridge in Tarlac City, resulting in two fatalities, one rescue, and two individuals still missing. The discovery of a tire about 2 kilometers downstream from the bridge, as river waters receded, aided in identifying the submerged vehicle.

Inquirer Business

Philippines Agri Losses Exceed P3 Billion Due to Monsoon, Cyclones

Agricultural losses in the Philippines have surpassed P3 billion as of Wednesday, driven by the enhanced southwest monsoon and several tropical cyclones. Approximately 80,000 farmers and fisherfolk are affected, with damage reported across various commodities including rice, corn, vegetables, and livestock.

Inquirer NewsInfo

DepEd Urges School Heads to Use AI Tool for Early Disaster Response

Philippine Education Secretary Sonny Angara has directed school officials to integrate a new AI-aided hazard assessment tool, Project Ligtas+, into their disaster preparedness routines to better protect students from disaster-related learning disruptions. The tool aims to assess and mitigate disaster risks for learning institutions.

Inquirer NewsInfo

VAT removal from system loss charge may take effect next month – ERC

The removal of value-added tax (VAT) on the widely unpopular system loss charge by electricity distributors may take effect as early as next month, the Energy Regulatory Commission (ERC) announced. This charge is intended to recover electricity losses during transmission and distribution, and has been a source of public dissatisfaction.