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The Philippine stock market declined to the 5,600 level on Wednesday, weighed down by selling pressure on heavyweights and concerns over the economic growth outlook. A downward revision of growth forecasts by the IMF also dampened investor sentiment.
The Intertropical Convergence Zone (ITCZ) is expected to bring rains to the Visayas and Mindanao, increasing the risk of flooding and landslides, according to PAGASA. Scattered rains and thunderstorms are anticipated within the next 24 hours.
The Palawan Council for Sustainable Development announced the discovery of a dead male dugong along the coast of Puerto Princesa, highlighting urgent concerns for marine wildlife protection in the region.
A search and rescue operation is underway for a 54-year-old fisherman who went missing off the coast of Gasan, Marinduque. His empty boat was discovered adrift, prompting authorities to launch a full-scale search.
Luis Antonio Cardinal Tagle, a prominent figure in the Philippine Catholic Church, has been elected Dean of the College of Cardinals by Pope Leo XIV. This marks a significant moment for the Philippines, elevating a Filipino to the highest position within the global Catholic hierarchy and potentially expanding the nation's international influence.
The Social Security System (SSS) of the Philippines has reported over P200 billion in gains from its equity investments over the past 57 years, highlighting a successful long-term asset management strategy.
A coalition of political parties has secured a majority in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) Parliament, paving the way for the formation of a new government two weeks before its inaugural session. The interim chief minister announced that 46 members of parliament are expected to join.
Newly appointed Secretary Joseph Montes de Claro of the Philippines' Department of Information and Communications Technology (DICT) met with department officials on Wednesday, his first day in office. De Claro pledged to review existing projects and develop a clear plan for the DICT's future.
The National Capital Region Police Office (NCRPO) has ordered its personnel to maintain a heightened state of alert for potential demonstrations, following recent developments in the impeachment trial of the Vice President. This directive comes after the Senate impeachment court approved the withdrawal of three impeachment articles on Tuesday.
The Philippines will deploy over 111,000 police personnel nationwide for the 'Undas' observance on November 1-2, more than doubling last year's numbers. The increased deployment aims to bolster security at cemeteries, transportation hubs, and commercial areas, and to prevent burglaries.
A Pulse Asia survey indicates a slim majority of Filipinos desire Vice President Sara Duterte to testify in an impeachment trial, reflecting public interest in transparency and accountability.
Former President Rodrigo Duterte's appearance at the International Criminal Court (ICC) has reignited calls from victims' advocates for a swift trial. The Duterte Panagutin Network Europe criticized the former president's defense for alleged procedural delays, emphasizing that justice should not be indefinitely postponed.
The Philippine Supreme Court ruled that senior citizen discounts cannot be stacked on top of other existing deals or promotional prices. Consumers must choose the greater discount. The decision aims to prevent undue burdens on businesses.
Three impeachment articles against Philippine Vice President Sara Duterte have been dropped. The decision raises questions about who benefits and its broader political implications.
Kidapawan City in Cotabato Province, Philippines, has installed walk-through metal detectors in 10 of its largest public schools to bolster campus security for students and faculty. Mayor Jose Paolo Evangelista led the turnover ceremony.
Senator JV Ejercito has questioned the reported realignment of approximately P206 billion in the House of Representatives' version of the proposed 2027 national budget. Reductions in funding for foreign-assisted projects, calamity funds, and infrastructure were highlighted.
Casas Con Vistas Resort in Samal, Philippines, has refuted social media speculation linking its ownership to Representative Paolo "Pulong" Duterte. The resort clarified that its owners are private citizens not holding public office and warned of legal action against the spread of false information.
Vice President Sara Duterte's camp decried the withdrawal of three impeachment articles against her as a "waste of millions of pesos," accusing the Senate majority and the House prosecution panel of mishandling the process.
Bacolod City has recorded its sixth dengue death of the year after an 8-year-old girl succumbed to severe complications from the mosquito-borne virus. The City Health Office urges enhanced preventive measures against the spread of the disease.
The provincial government of Negros Occidental is proposing an P8.52-billion budget for 2027, an 11.81% increase from 2026, aimed at strengthening public services and advancing priority initiatives.
The daily minimum wage in Central Visayas, Philippines, has been increased by P42, taking effect on October 14. This brings the daily minimum wage to P582 in Class A cities and municipalities, and P542 in Class B.
Senator JV Ejercito, chair of the Senate finance committee, has raised concerns over significant budget cuts to preventive health programs and infrastructure projects in the House-approved version of the 2027 general appropriations bill. Reductions to the Department of Health's immunization and facility enhancement programs, as well as flood control measures, were highlighted.
Forty-six newly-elected members of the Bangsamoro parliament in the Philippines have formed a majority coalition bloc to forge a peace and development roadmap for the region. The new parliament is expected to operate under this broad alliance.
The Cybercrime Investigation and Coordinating Center (CICC) in the Philippines has warned that online grooming involves staged manipulation, including 'love-bombing' and blackmail, potentially leading young victims to violence or suicide.
A civil society group, the Save Bangsamoro Movement (SBM), has expressed its support for Moro Islamic Liberation Front (MILF) chair Ahod “Al Haj Murad” Ebrahim to become the chief minister of the Bangsamoro Parliament. The group conveyed its preference in a letter to the President, signaling potential implications for the region's stability and national politics.
The Philippine peso weakened for the second straight trading day, closing near its all-time low against the US dollar at P62.87 amid renewed Middle East tensions. This level is just three centavos shy of the record low of P62.90 registered on October 8, 2026.
The Philippine Supreme Court ruled that senior citizen discounts cannot be stacked with other promotional offers, allowing seniors to choose the greater discount from either the promotion or the mandatory 20% senior discount.
Philippine President Ferdinand Marcos Jr. reiterated the national government's respect for Bangsamoro autonomy and its democratic institutions following the formation of a 46-member majority coalition in the Bangsamoro Parliament. This marks a significant development in the Bangsamoro peace process.
A Philippine fishers' group has warned that the potential strong El Niño could affect fishing activities, particularly the catch of small pelagic fish like galunggong and sardines, due to rising sea surface temperatures impacting water columns.
Heavy rains on Tuesday night caused flooding in three barangays in Norala, South Cotabato, affecting 108 families who were forced to evacuate. The Provincial Disaster Risk Reduction and Management Office is monitoring the situation.
In a surprising move, prosecutors have dropped three out of four impeachment articles against Philippine Vice President Sara Duterte. While citing the need to expedite the trial, the decision appears to benefit the prosecution, senator-judges, and potential presidential aspirants in 2028.
The National Bureau of Investigation (NBI) has submitted additional documents to the Department of Justice (DOJ) concerning alleged anomalies in flood control projects in Davao City, potentially advancing charges against 11 individuals from Genesis88 Construction Inc.
The Association of Southeast Asian Nations (ASEAN) has adopted the Digital Economy Framework Pact (DEFP), expected to streamline business environments and foster digital economic growth within the region. The Philippines is a participant, aiming to contribute to regional economic development.
Philippine President Marcos has launched seven new initiatives from the Department of Labor and Employment (DOLE) aimed at boosting job creation and improving livelihoods, marking a significant step for the nation's economic revitalization.
A Social Weather Stations (SWS) report reveals that 22.6% of Filipino families experienced hunger in the third quarter of 2026, an increase from the previous quarter. This figure surpasses recent averages, with notable rises observed in Balance Luzon and Metro Manila.
A state of calamity has been declared in 109 cities and municipalities across the Philippines due to the effects of the El Niño phenomenon. Over 451,000 individuals are affected, with agricultural production losses reaching P6.53 billion. While the government is providing aid, response efforts are ongoing.