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A student at Ateneo de Zamboanga University in Zamboanga City, Philippines, fatally shot a classmate before taking his own life. The incident occurred shortly after classes began, injuring one teacher. Authorities are investigating the source of the firearms and the motive behind the attack.
The Philippines' Sugar Regulatory Administration (SRA) has tightened import regulations on artificial sweeteners to protect the local sugar industry. Importers now face stringent procedures and fees, addressing concerns that unregulated imports threaten the industry's sustainability.
SM Prime Holdings has confirmed strong corporate demand for its Premier Suites at the newly opened SM Seaside Cebu Arena. Offered on a minimum one-year lease, these suites are gaining traction as a venue for companies to enhance relationships with clients and employees.
ACEN Corp. of the Philippines announced it will sell up to a 49% stake in its Indian wind project, Avana Renewables, to Dutch firm Diamond India Renewables One B.V. (DIRO). This move is part of ACEN's strategy to strategically reduce its equity in Indian renewable energy assets, which comes as the company reported a significant surge in its first-half earnings.
EastWest Banking Corp. anticipates a slowdown in loan growth to the high single-digit to low-teen range this year, citing elevated credit costs and macroeconomic uncertainties. The bank is tightening consumer credit selectivity and shifting lending towards lower-risk segments like mortgages and SME loans.
The Philippine stock market eked out a slight gain, recovering from earlier losses driven by Middle East tensions, thanks to last-minute buying. Foreign investors remained cautious, posting net outflows.
The Bangko Sentral ng Pilipinas (BSP) plans to tighten governance standards by mandating regular fit-and-proper assessments for bank officials and requiring regulatory confirmation for certain new directors and officers before they can assume office.
The Philippine government announced a deferral of the immediate full return of P107 billion in unused reserve funds to the Philippine Deposit Insurance Corporation (PDIC). Officials cited concerns over straining fiscal space and impacting the 2027 national budget.
The Philippine government aims to generate P101.5 billion in revenue in 2025 through the privatization and rehabilitation of the Caliraya-Botocan-Kalayaan (CBK) and Agus-Pulangi hydropower assets, a significant increase from earlier targets.
Thirty-three personnel of the Philippines' Unified 911 System are under investigation by the Department of the Interior and Local Government (DILG) over alleged delays in responding to an emergency call for a man who died of a heart attack. Investigators are examining claims of laughter heard on the line during the call.
The Armed Forces of the Philippines criticized the Chinese embassy for allegedly distorting facts about a raid on a steel firm in Misamis Oriental. The military emphasized the operation was legitimate, led by law enforcement, and not targeted at any specific nationality.
Cebu Pacific will resume direct international flights from Iloilo to Bangkok and Singapore starting November 23 with thrice-weekly schedules. This move is part of the airline's effort to revive its international network, which was previously scaled down for fuel consumption management, focusing on provincial hubs.
The Land Transportation Office (LTO) in the Philippines will begin impounding vehicles with unauthorized improvised license plates starting September 1. This intensified crackdown follows incidents involving fake plates, including one with a celebrity owner.
The Department of Labor and Employment (DOLE) has urged a Pasig court to lift the preliminary injunction halting an P85 minimum wage increase in Metro Manila. Employers cite concerns for micro and small enterprises, while economic experts also express apprehension.
The Department of Information and Communications Technology (DICT) in the Philippines is allocating nearly P29 million to deploy satellite internet in 85 indigenous communities nationwide. This initiative, part of the 'Free WiFi for All' program, aims to bridge the digital divide and enhance public service delivery.
Eight Filipino seafarers have returned to Manila after their vessel, the Marshall Islands-flagged M/V Breadfan, was hit by a drone near Russia. The Philippine government has pledged assistance to seafarers affected by similar incidents in the Black Sea.
E-wallet giant GCash has partnered with EMCOR, Mindanao's largest retailer, to introduce digital payment options like scan-to-pay and installment plans across its 174 branches, aiming to boost cashless adoption in the region.
Authorities in Cagayan de Oro City, Philippines, have seized mining equipment valued at P28 million from an illegal mining site. While workers fled, the investigation into those behind the operation is ongoing.
The Court of Appeals has ruled that the Manila International Airport Authority (MIAA) is not liable for damages following the cancellation of the Panglao Airport project in Bohol, exempting it from paying P386 million to a joint venture.
The Metro Manila Council (MMC) is considering a unified "single-ticketing system" to combat littering across the region, prompted by the link between waste and flooding. This initiative stems from the recognition that garbage transcends administrative boundaries.
The Philippine Stock Exchange (PSE) anticipates significantly exceeding its 2026 capital raising target by approximately 20 percent. Major IPOs from Vitro REIT and Mynt, the parent company of GCash, are expected to be key drivers.
The Philippine Institute of Volcanology and Seismology (Phivolcs) reported a significant increase in sulfur dioxide (SO2) emissions from Mayon Volcano. This surge suggests a potential for renewed eruptive activity, with the volcano remaining at Alert Level 2.
Authorities seized shabu worth P2 million and high-grade marijuana valued at P8,500 in San Fernando City, Pampanga, leading to the arrest of two suspects. Police are investigating potential links to a robbery-extortion syndicate (RES).
Despite progress in poverty reduction, high inflation and slowing economic growth are complicating efforts to reach the Philippines' single-digit poverty rate target by 2028. Lower-income households are disproportionately affected by rising food and energy prices, making purchasing power protection and job creation urgent priorities for the government.
Persistent rains in Philippine vegetable-producing areas are causing significant crop losses and weakening demand. The Department of Agriculture (DA) is intensifying efforts to expand market access and provide logistical support, particularly for farmers in Benguet.
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa) issued heavy rainfall warnings for several areas in Luzon on Tuesday afternoon due to the ongoing effects of the southwest monsoon. Residents are advised to be vigilant against potential flash floods and landslides.
Public Works Secretary Vince Dizon denied claims he threatened a congressman with zero allocation for infrastructure projects due to his criticisms. Dizon expressed a desire to meet with the lawmaker to resolve the misunderstanding.
Shell Pilipinas is set to boost its competitive edge in the Visayas region by opening its fifth fuel import facility in Cebu by year-end. The company reported a net loss of P2.7 billion in the first half but sees signs of recovery in the second semester.
The Council for the Welfare of Children (CWC) has expressed deep concern and pledged to strengthen safety mechanisms following a shooting incident at the Ateneo de Zamboanga University Junior High School in Zamboanga City, which resulted in the deaths of two students.
Two men trapped by strong river currents while gathering wood in Magsaysay town, Occidental Mindoro, were successfully rescued by responders on Tuesday. The Magsaysay Municipal Disaster Risk Reduction and Management Office (MDRRMO) confirmed the successful rescue operation.
The water level of Laguna de Bay in the Philippines has reached 12.34 meters, just 16 centimeters shy of its critical high-water threshold of 12.50 meters, the Laguna Lake Development Authority (LLDA) reported Tuesday. The rising water level poses potential impacts on local communities and infrastructure.
A shooting incident at the Ateneo de Zamboanga University (ADZU) Junior High School campus in Zamboanga City on Tuesday morning resulted in two student fatalities and one additional reported injury. Authorities are currently investigating the incident.
The local government of Quezon City provided free doxycycline antibiotics to 342 flood evacuees at the Manresa evacuation center. This measure aims to prevent leptospirosis, a disease contracted from animal urine in floodwaters.
Passengers of an AirAsia Philippines flight experienced a harrowing ordeal after their plane was diverted to Clark International Airport due to bad weather. They complained of being confined for hours in a hot cabin, leading to distress and health concerns.
Agricultural damage in the Philippines has reached P1.4 billion due to the Southwest Monsoon and Cyclones Luis and Maymay, leading to a surge in prices for vegetables and fish. The impact is particularly felt in agricultural products from the Cordillera Administrative Region, Central Luzon, and Southern Tagalog, affecting citizens' daily lives.
Rains from the southwest monsoon (habagat) are expected to continue in western Philippines, including Metro Manila, until Friday due to two low-pressure areas. However, the state weather bureau forecasts a decrease in intensity. The persistent rainfall highlights the ongoing monsoon season's impact on the region.