Metro Pacific Water (MPW) has fully restored the 30 million liter per day (MLD) capacity of its San Jose del Monte water treatment facility after removing accumulated sludge. This restoration is expected to stabilize supply to approximately 10,000 households, though some higher-elevation areas may still face low pressure or intermittent service.
Jollibee Foods Corp. (JFC) will acquire its joint venture partner's stake in Tim Ho Wan's North America operations, gaining full ownership. This move is aimed at accelerating the brand's growth in the region, a key international market for JFC.
Bank of the Philippine Islands (BPI) is partnering with Gogolook to offer eligible clients free access to the anti-scam platform Whoscall, bolstering efforts to protect customers from fraudulent calls and messages and enhance digital banking security.
Negros Electric and Power Corp., led by tycoon Enrique Razon Jr., plans to invest approximately P2.1 billion to modernize the power network in Negros Occidental. The initiative aims to enhance power supply reliability and reduce system losses through infrastructure upgrades.
The Philippine economy aims to shift from over-reliance on consumption and services towards investment and export-led growth. However, a sharp decline in foreign direct investment (FDI) hinders progress. Domestic protectionism and a risk-averse financial system also pose significant challenges.
The Philippine stock market plunged, with the main index falling 1.7 percent as a weaker peso dampened investor sentiment. The peso neared the 62 to $1 level, raising concerns over inflation and borrowing costs.
Despite trillions of pesos spent on flood control over a decade, Metro Manila continues to suffer severe flooding. Critics point to widespread garbage clogging waterways and alleged corruption in infrastructure projects as primary culprits behind the persistent problem.
Philippine media giant ABS-CBN is reviving popular shows like "Gandang Gabi Vice" and co-producing "Pinoy Big Brother" to improve revenue as part of its restructuring strategy.
Despite concerns over inflation and rising living costs, Filipinos are showing increased comfort with credit, reaching a record high in acceptance. While expectations for personal finances have weakened, there's a growing trend of using credit as a tool. However, challenges persist among the unbanked and in financial literacy.
The Philippine peso is nearing the 62-per-dollar mark, driven by renewed geopolitical tensions and rising crude oil prices that are prompting a flight to the safe-haven dollar. The Bangko Sentral ng Pilipinas may consider intervention if the rate breaches this level.
General Santos City has identified 40 pickleball courts operating without business permits, launching 'Operation Pickleball Hunt'. Following resident complaints, the city is investigating suitability for commercial activity, noise, and parking issues.
Philippine Education Secretary Juan Edgardo "Sonny" Angara stated that authorities are not ruling out the possibility that the minor involved in the Ateneo de Zamboanga University attack may have been influenced by an online "groomer" who instigated the violence. He emphasized the need for enhanced school safety measures and increased engagement with students.
Mindanao is experiencing record-breaking heat due to the early effects of El Niño, while Luzon and the Visayas are battling floods from the southwest monsoon, highlighting significant regional weather disparities.
Vegetable farmers in Benguet, Philippines, are suffering significant losses due to continuous monsoon rains. Harvested produce is rotting and being discarded in large quantities because of delays in market access and bad weather. The government is considering aid measures.
A bill has been filed in the Philippine Senate to extend the validity of Professional Identification Cards issued by the Professional Regulation Commission (PRC) from the current three years to five. This aims to reduce the time and cost professionals spend on renewals, allowing them to focus more on their careers.
Two police trainees have been arrested in Jasaan, Misamis Oriental, for allegedly sexually assaulting a female trainee. The incident reportedly occurred during a weekend drinking session at a beach resort.
DPWH Secretary Vince Dizon supports stricter fines for illegal dumping but emphasizes the government's greater responsibility in fixing long-standing structural issues in flood control and waterway clearing.
Philippine telco giant Smart is advancing mobile satellite testing to provide connectivity for disaster response and remote areas. The initiative aims to enable emergency alerts and communication even in areas with disrupted infrastructure.
Building permits in the Philippines saw a slight decline of 0.3% in June, totaling 17,081 from 17,126 a year prior, according to PSA data. Residential projects were particularly affected, though the total value of permits rose 22%. Developers are grappling with oversupply and rising material costs.
Two individuals were arrested in Laguna, Philippines, for allegedly selling expired and counterfeit beauty products online. They face charges for violating the Food and Drug Administration Act.
Marikina City residents are denouncing what they describe as political attacks against Rep. Marcelino Teodoro. A local clan association asserts that the complaints against the lawmaker are baseless and cannot tarnish his long-standing ties with the community.
Over 100 housing loan accounts have been approved for Naga City government employees, marking the first batch of homeownership under the 'Naga City Employees’ Housing Project.' This initiative, a collaboration between the Home Development Mutual Fund (Pag-IBIG Fund) and the Naga City Government, aims to provide affordable housing to public servants.
A price freeze on basic necessities remains in effect in areas of Bulacan, Pampanga, and Zambales provinces in Central Luzon that have been declared under a state of calamity due to flooding. The Department of Trade and Industry (DTI) is enforcing the price control, which freezes prices at pre-declaration levels for 60 days.
Philippine media giant ABS-CBN is reviving popular shows like "Gandang Gabi Vice" and launching a new "Pinoy Big Brother" edition to improve revenue. This strategy aims to steer the company towards profitability following the denial of its franchise in 2020.
The Philippine Coast Guard announced the successful rescue of three fishermen who were reported missing off the waters of Occidental Mindoro. The fishermen were found after their boat lost its rudder due to inclement weather and drifted.
Quezon province residents marked the 148th birth anniversary of former president Manuel L. Quezon with a tribute ceremony. Local officials highlighted his legacy of national unity and public service.
A photo circulating of senator-judges in the Senate lounge during the Vice President's impeachment trial has prompted the prosecution to emphasize the expectation of their physical presence to observe witness responses. The impeachment court, however, stated that the quorum remains intact.
Batangas City in the Philippines is urging parents to closely supervise their children and ensure they stay home during class suspensions due to inclement weather, following reports of students being seen in public places. The move aims to ensure safety and minimize disruption to education.
Cardinal Antonio Tagle expressed profound sadness over a school shooting at Ateneo de Zamboanga University in Zamboanga City, which resulted in two deaths and one injury. He voiced concerns about excessive immersion in video games and AI, fearing it erodes humanity among the youth.
Following a shooting incident at Ateneo de Zamboanga University, schools in Cotabato and Sultan Kudarat provinces in the Philippines are bolstering security measures, including closing back gates and increasing guards.
Households and businesses in the Philippines' Visayas region face potential power interruptions on Wednesday night as the power supply remains critically thin, barely meeting projected demand. The National Grid Corp. of the Philippines (NGCP) has placed the Visayas grid on red alert, signaling a heightened risk of brownouts.
Numerous ferry trips across the Philippines were canceled Wednesday afternoon due to rough seas caused by the southwest monsoon and a tropical depression, leaving many passengers stranded at ports.
Ateneo de Zamboanga University has extended its class suspension until August 20 following an on-campus shooting incident last Tuesday. The incident resulted in the death of one student, with the perpetrator also taking his own life.
The National Bureau of Investigation (NBI) plans to conclude its investigation into an alleged 'honey trap' plot targeting Executive Secretary Ralph Recto within three to five days, having recently issued subpoenas to implicated individuals.
Vice President Sara Duterte stated on Wednesday that she has no reason to attend her impeachment trial as her lawyers fully represent her. This comes amid calls for her personal appearance to expedite the proceedings, creating ripples in Philippine politics.
Bugallon town in Pangasinan has declared a state of calamity after over 25,000 residents were affected by continuous heavy rains from the southwest monsoon and tropical cyclones Luis and Maymay, facilitating disaster relief and recovery efforts.