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🇵🇭 Philippines News Archive

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Page 57

Inquirer Business

Philippines Considers Raising Bioethanol Blend in Gasoline to 15%

The Philippine government is considering raising the mandatory bioethanol blend in gasoline from the current 10% to 15% (E15) to help curb high fuel prices and boost domestic production. The Department of Energy is closely monitoring the potential impact on the local sugarcane industry.

Inquirer NewsInfo

Peace agreement anniversary: Gov’t, MILF shift focus to normalization

The Philippine government and the Moro Islamic Liberation Front (MILF) marked the 14th anniversary of the Framework Agreement on the Bangsamoro (FAB), with the peace process now shifting focus to 'normalization' following the region's first parliamentary elections.

Inquirer NewsInfo

Northern Samar Capital Faces Water Shortage Amid El Niño

Thirty-one barangays in Catarman, Northern Samar, are experiencing reduced water supply due to dry conditions from El Niño. Local authorities are exploring new water sources and urging residents to conserve water.

Inquirer NewsInfo

Tinio Urges Senate to Correct 2027 National Budget

ACT Teachers Rep. Antonio Tinio has urged the Senate to make "necessary corrections" to the House-approved P7.2-trillion national budget for 2027, calling for the removal of "pork barrel" allocations.

Inquirer NewsInfo

Tolosa: Rebutting dropped VP charges ‘waste of time and resources’

House private prosecutor lawyer Benjamin Tolosa Jr. stated that allowing Vice President Sara Duterte's defense team to offer a limited rebuttal on the three withdrawn impeachment articles would be “a complete waste of time and resources of the court and everyone involved,” emphasizing the charges have already been dismissed.

Inquirer NewsInfo

Army Intensifies NPA Pursuit in Northern Samar Amid Resident Reports

The Philippine Army has intensified its pursuit operations against an estimated 40 remaining New People’s Army (NPA) rebels in Northern Samar, following reports from residents of armed gatherings in remote mountainous communities. Government forces are continuing their efforts in geographically isolated and disadvantaged areas.

Inquirer NewsInfo

Over 700 Security Forces Deployed for Buglasan Festival in Dumaguete

More than 700 security personnel have been deployed in Dumaguete City to ensure the safe and orderly celebration of Negros Oriental's Buglasan Festival. The Police Regional Office (PRO NIR) aims to maintain order and public safety throughout the event.

Inquirer NewsInfo

Bohol Remembers 13th Anniversary of Devastating Magnitude 7.2 Earthquake

Bohol province commemorated the 13th anniversary of the magnitude 7.2 earthquake that struck on October 15, 2013. The devastating tremor claimed lives, destroyed infrastructure, and displaced thousands, marking a turning point in the island's history as it continues its recovery.

Inquirer Business

BIR Posts Double-Digit Revenue Growth in September

The Bureau of Internal Revenue (BIR) in the Philippines recorded a double-digit revenue growth of 10.93% in September 2026, with gross collections reaching P203.581 billion. This increase is attributed to taxpayer compliance and the efforts of revenue officers, signaling a potential recovery in the Philippine economy.

Inquirer Business

PSEi Rebounds on Bargain Hunting Amidst Mixed Investor Sentiment

Philippine stocks rebounded on Thursday as bargain hunters stepped in after two consecutive sessions of losses. Retail investor buying and some foreign participation helped lift the market, with the PSEi closing up 0.82% at 5,663.17.

Inquirer Business

Philippines Lifts Capacity Limits on New Power Plants to Boost Supply

The Energy Regulatory Commission (ERC) in the Philippines has removed capacity limits on new power plants to boost the country's electricity supply. This move allows for the construction of larger generating facilities, aiming to alleviate power shortages.

GMA News Philippines

Philippines Cautions Chinese Envoy Over 'Use of Force' Remark

The Philippine Department of Foreign Affairs (DFA) has criticized Chinese Ambassador Jing Quan for remarks perceived as a veiled threat of force, urging greater restraint in public statements. The DFA expressed concern that such language could further damage bilateral ties amid escalating tensions.

GMA Money Philippines

PCC Fines Onion Importers Record P1.76 Billion for Alleged Cartel Behavior

The Philippine Competition Commission (PCC) has imposed a record P1.76 billion fine on several onion importers and traders for cartel behavior that allegedly caused local onion prices to surge to P800 per kilo in 2022. The ruling cites the systematic acquisition of import clearances and control over distribution.

Inquirer Business

BIR Misses End-Q3 Revenue Target by P43 Billion

The Bureau of Internal Revenue (BIR) missed its revenue target by P43 billion for the first nine months of the year, despite posting an 11 percent growth in September.

GMA News Philippines

NBI Director: VP Sara should file case if she believes Gracioso is lying

National Bureau of Investigation (NBI) Director Melvin Matibag urged Vice President Sara Duterte to file a case if she believes dismissed policeman Rodulfo Gracioso Jr. is lying or biased. Gracioso alleged delivering cash to the VP and her family, while the NBI is investigating the VP's undeclared properties.

Philstar Nation

Duterte's Drug War Left Victims' Families Struggling with 'Dehumanization,' Lawyers Tell ICC

Victims of former President Rodrigo Duterte's war on drugs and their families have told the International Criminal Court (ICC) that they continue to suffer from the "dehumanization" and long-term effects of the campaign. Lawyers argue that the previous administration's rhetoric and operational framework denied victims' humanity, causing persistent psychological, social, and economic harm.

Philstar Nation

Ex-aide claims P1 billion cash delivered to Romualdez residence

A former security aide of Zaldy Co testified that 100 suitcases containing P1 billion in cash were delivered to the home of former House Speaker Martin Romualdez between 2023 and 2024. He also stated he rejected an offer of P20 million to drop his testimony.

Philstar Business

Philex Mining Resolves Labor Dispute, Agrees on Wage Hikes

Philex Mining announced the resolution of a labor dispute at its Padcal mine in Benguet, reaching a five-year labor agreement with the union that includes a P75 daily wage increase in stages starting 2025.

Philstar Business

Overseas Filipino remittances climb 2% to $3.37 billion in August

Personal remittances from overseas Filipinos rose 2% year-on-year to $3.37 billion in August, the Bangko Sentral ng Pilipinas (BSP) reported, sustaining growth despite global uncertainties. The figure, however, was down from July. These remittances are a crucial source of foreign currency, supporting household spending and domestic economic activity.

Philstar Business

Philippine Peso Hits Record Low Against Dollar, Breaching 63 Level

The Philippine peso hit a fresh record low against the US dollar, breaching the 63-to-a-dollar level. This depreciation is primarily attributed to rising US inflation and expectations of prolonged high interest rates, which have bolstered the dollar and diminished investor appetite for emerging-market currencies.

BusinessWorld Economy

Philippines, World Bank Agree to Expedite Financing Processes

The Philippines' Department of Finance and the World Bank have agreed to expedite financing processes for development projects. This aims to accelerate infrastructure development and economic growth. The World Bank President also emphasized mobilizing private capital.

BusinessWorld Economy

NLEX-C5 Northlink Segment 8.2 Hits 96% Completion

The NLEX-C5 Northlink project's Segment 8.2 has reached 96% completion, promising enhanced travel efficiency between Metro Manila and Northern Luzon, benefiting an estimated 11,000 vehicles daily.

BusinessWorld Economy

DA eyes wider rebate scheme for agri-hauling trucks

The Department of Agriculture (DA) is expanding its outreach to toll road operators for a rebate program aimed at trucks transporting agricultural products. The initiative seeks to reduce logistics costs and stabilize food prices, with some operators already reinstating discounts.

BusinessWorld Economy

BIR Clarifies Tax Treatment of Senior Citizen Drug Discounts

The Philippine Bureau of Internal Revenue (BIR) has introduced regulations clarifying the tax treatment of senior citizen drug discounts, mandating burden-sharing among pharmaceutical companies for the foregone revenue, with tax deductions limited to each firm's share.