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🇵🇭 Philippines News Archive

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Philstar Business

DMCI Homes Ventures into MICE Segment with Batangas Convention Center

DMCI Homes is entering the Meetings, Incentives, Conventions, and Exhibitions (MICE) market with the upcoming opening of a large-scale convention center in Batangas, Philippines. The venture aims to attract international events alongside domestic tourism, expecting to boost the local economy.

Philstar Business

Philippines Retains A- Rating From JCR Amid Economic Challenges

Japan Credit Rating Agency (JCR) has maintained the Philippines' long-term debt rating at 'A-' with a stable outlook, citing robust domestic demand-driven economic growth and ample foreign exchange reserves. However, sluggish public investment and weakening household spending were noted as factors slowing economic expansion.

Philstar Business

Philippines Fuel Prices Drop in Early September, Offering Relief

In the first week of September, the Philippines saw diesel and kerosene prices drop by over P3 per liter, with gasoline also experiencing a slight decrease. These adjustments are attributed to factors including US efforts to secure trade through the Strait of Hormuz. LPG prices also saw a reduction.

Inquirer Business

Farm Damage Nears P3 Billion Due to Monsoon and Tropical Cyclones

Agricultural damage in the Philippines has reached P2.84 billion due to the enhanced southwest monsoon and tropical cyclones Luis, Maymay, and Neneng. The disturbances have affected 72,803 farmers and fishers, with significant losses reported in rice, high-value crops, and fisheries.

Inquirer Business

Philippine Peso Hits New Record Low of 62.35 to the Dollar

The Philippine peso hit a new record low against the US dollar, trading at 62.35 pesos per dollar. The currency's weakness is attributed to broad US dollar strength and rising oil prices, with the central bank's recent rate hike having a limited impact.

Inquirer NewsInfo

Conservation Drive Intensifies to Save Rare Rafflesia in Samar Town

Conservation officials are intensifying efforts to protect the endangered Samar rafflesia in Samar Island, Philippines, following signs of illegal logging and human disturbances near its habitats. Local government collaboration is also underway.

GMA News Philippines

DSWD Distributes Over P618.3M Aid to Flood-Hit Central Luzon

The Department of Social Welfare and Development (DSWD) has distributed over P618.3 million in humanitarian aid to individuals affected by recent floods in Central Luzon. The assistance includes food packs, non-food items, and cash aid to support recovery efforts in affected provinces.

GMA News Philippines

Palace Clarifies President's Serenade Amidst Heavy Rains Criticism

Amidst widespread flooding due to heavy rains in the Philippines, a video allegedly showing President Marcos serenading his wife drew criticism. The Presidential Palace clarified that the serenade occurred after his official duties, not during the peak of the rains or floods.

GMA News Philippines

DA Seeks P500 Million Special Provision for Palm Oil Industry

The Department of Agriculture (DA) is requesting a special provision of P500 million for the palm oil industry in its 2027 budget to reduce import dependency. The goal is to significantly boost domestic production, aiming for 300,000 hectares and considering seed supply and organizational reforms.

GMA News Philippines

Ex-DPWH Secretary Bonoan Dropped as Co-Accused in Plunder Case, Becomes State Witness

The Sandiganbayan, the Philippines' anti-graft court, has dropped former Department of Public Works and Highways (DPWH) Secretary Manuel Bonoan as a co-accused in a plunder and graft case involving Senator Jinggoy Estrada. Bonoan will now testify as a state witness, a decision based on prosecutorial discretion to uncover the full extent of the alleged kickback scheme.

Rappler Philippines

Comelec seeks bigger budget for 2027 elections preparation

The Commission on Elections (Comelec) is appealing to Congress to restore its proposed P52.66-billion budget for 2027, citing preparations for the 2028 national and local elections. Budget cuts could compromise poll body's readiness.

Inquirer NewsInfo

Sotto to Impeachment Court: Name is Fake Without a Person Behind It

Senator-judge Vicente "Tito" Sotto III stated before the impeachment court that a name is fake if there is no real person behind it. This remark was made in the context of the Vice President's alleged misuse of confidential funds, questioning the validity of names on acknowledgment receipts.

Inquirer NewsInfo

AFP Colonel Testifies in VP Duterte Impeachment Trial

On Day 20 of Vice President Sara Duterte's impeachment trial, the prosecution presented Armed Forces of the Philippines Colonel Manaros Boransing II as a witness. His testimony focuses on whether the Department of Education provided financial assistance to the AFP.

Inquirer NewsInfo

House panel ends OP budget briefing in less than an hour

The House of Representatives committee on appropriations concluded the budget briefing for the Office of the President's (OP) 2027 proposed budget in under an hour. Despite objections from some minority lawmakers, the process was completed as part of parliamentary courtesy, with Executive Secretary Ralph Recto presenting the P10.156 billion budget.

Inquirer NewsInfo

VP Impeachment Trial: Ear Piercing Mistaken for Earpiece in Viral Photos

During Philippine Vice President Sara Duterte's impeachment trial, an ear piercing of an aide was mistakenly identified as an earpiece in viral photos, leading to accusations of manipulation. The presiding judge denied the earpiece claim, clarifying the visual discrepancy.

Inquirer NewsInfo

PNP Ramps Up Road Support Amidst Flooding and Traffic Congestion

The Philippine National Police (PNP) has intensified its deployment and monitoring of roads and expressways to assist stranded motorists amidst flooding and traffic congestion, with the PNP chief emphasizing the need to prevent citizens from being left to fend for themselves.

BusinessWorld Nation

BARMM Polls Face Polarization, Violence Risks Despite Preparations

The upcoming first parliamentary elections in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) on September 14 are threatened by heightened political polarization and risks of localized violence. Election watchdogs urge immediate measures to address these challenges despite generally strong preparations.

Rappler Philippines

No irregularity in use of AFP certifications for DepEd confidential funds, says VP Duterte's defense

The defense team of Philippine Vice President Sara Duterte asserted there was "no irregularity" in the Department of Education's (DepEd) use of Armed Forces of the Philippines (AFP) certifications for confidential fund liquidation. Prosecutors presented evidence alleging misuse of DepEd funds for AFP youth summits, but the defense argued the certifications served a valid legal purpose.

GMA News Philippines

Palace: Public service judged by deeds, not attire

Malacañang stated that public officials should be judged by their performance and service, not by their attire, following criticism of local executives seen in designer clothing during disaster relief efforts. Officials were urged to be sensitive during calamities.