Explore past headlines, AI summaries and source reporting. Full articles follow the FREE and PRO access rules.
Page 8
Dito CME Holdings Inc. has appointed Oozi Cats, an Israeli businessman with past US property fraud allegations, to its board of directors. The company, facing financial difficulties, hopes his experience will aid in its turnaround.
The National Bureau of Investigation (NBI) has launched a nationwide probe into fraudulently obtained birth certificates, passports, and other documents used as proof of Filipino citizenship by foreigners. This action stems from concerns over illegal activities involving foreign nationals, particularly those linked to Philippine Offshore Gaming Operators (Pogos).
The Philippines faces a significant risk of losing P603 billion annually to money mule fraud, a threat that could destabilize its financial system and endanger citizens' assets.
Two Philippine Coast Guard (PCG) personnel were fatally shot by unidentified assailants in Cotabato City. Investigations are underway, raising concerns about the security situation in the region.
Philippine agriculture faces multifaceted challenges including shrinking farm sizes, rising costs, climate change, weak market integration, and import dependency, making mere yield increases insufficient for sustainable development.
The Philippine National Police (PNP) will implement a nationwide full alert status from October 30 to November 2 in anticipation of Undas (All Saints' Day and All Souls' Day). Over 140,000 personnel, including 72,501 police officers, will be deployed to ensure public safety.
Following the withdrawal of some impeachment articles against Philippine Vice President Sara Duterte, the Ombudsman has announced a review of the evidence submitted by the House prosecution team, signaling a potential path toward criminal prosecution.
Hog raisers in Oriental Mindoro have joined a nationwide three-day 'pork holiday' to protest the continued drop in farmgate prices and other challenges. The action, supported by other producer groups, aims to pressure the government to address the industry's plight.
The Bangko Sentral ng Pilipinas (BSP) delivered an aggressive half-point interest rate hike, raising its key policy rate to 5.50 percent. This move signals a stronger stance against persistently high inflation, exceeding market expectations.
The Department of Budget and Management (DBM) clarified to senators that provisions previously declared unconstitutional by the Supreme Court in the 2024 and 2025 budgets are absent in the proposed 2027 budget. Notably, 'SAGIP' items, which granted executive powers reserved for Congress, have been removed.
The Philippine Economic Zone Authority (PEZA) announced that approved investments from January to October have reached P309.63 billion, significantly surpassing its full-year target. This performance also positions PEZA to potentially break its 2012 record of P311.9 billion, signaling a robust economic recovery and improved investment climate.
A former District Engineer of the Department of Public Works and Highways (DPWH) in Bulacan, Henry Alcantara, allegedly had a "secret room" in his office for counting and storing kickbacks, a witness testified before the Sandiganbayan.
Supreme Court Senior Associate Justice Marvic Leonen stated that if appointed Chief Justice, his top priorities would be to curb corruption within the ranks and to clear the court's backlog of cases. During his interview with the Judicial and Bar Council, he expressed his commitment to these areas.
The head of the National Commission on Indigenous Peoples (NCIP) has objected to the indiscriminate use of the term ‘Lumad’ for all Indigenous Peoples (IP) in Mindanao, asserting that no external party has the authority to define their identity.
Numerous ferry trips were canceled across the Philippines on Thursday afternoon, October 22, due to rough seas caused by the approaching Super Typhoon Rosal, the Philippine Ports Authority (PPA) announced. Port Management Offices in Masbate, Mindoro, and Bohol were among those affected.
Philippine exports have reached record highs, primarily driven by strong performance in electronic components, signaling economic growth and enhanced competitiveness in the global market.
The Mindanao Development Authority (MinDA) in the Philippines is intensifying its push for Public-Private Partnerships (PPP) to accelerate development in the Mindanao region, aiming for infrastructure improvements and economic revitalization.
A Social Weather Stations (SWS) survey revealed that only 42% of Filipinos followed Vice President Sara Duterte's impeachment trial either very closely or somewhat closely, indicating a lower level of public engagement compared to previous impeachment proceedings.
The Philippine government will challenge the Supreme Court's ruling that declared certain provisions of the 2024-2026 national budgets unconstitutional, citing 'judicial overreach.' The move raises concerns about potential delays and disruptions in budget implementation.
Following the Supreme Court's declaration of key provisions in the 2024-2026 national budgets as unconstitutional, some lawmakers are calling for the recall of the approved 2027 budget bill, raising concerns over fiscal management.
Agusan del Sur province in the Philippines is banking on specialty coffee to revive the economy in its isolated mountain villages, areas once ravaged by logging and slash-and-burn farming. Local leaders are pinning hopes on this initiative to revitalize these communities.
The whereabouts of businessman Atong Ang remain unknown in the Philippines, while the central bank raises interest rates to combat inflation. The DFA also warns China's embassy over provocative posts, highlighting multifaceted domestic and foreign challenges.
Philippine hog traders have initiated a three-day 'pig holiday,' a temporary halt in pork sales, to protest the impact of imported pork on the local industry. While some markets remain unaffected, traders are demanding stricter import regulations.
A recent survey reveals that approximately 60% of Filipinos perceive the current economic situation as worse compared to a decade ago, highlighting a prevalent pessimistic outlook on the nation's economy.
The Bureau of Internal Revenue (BIR) has filed complaints with the Department of Justice against two corporations for failing to pay a total of P45 million in taxes for the years 2017 and 2018. The BIR emphasized its commitment to enforcing tax laws.
Several areas in Metro Manila and Rizal will face water service interruptions from October 22 to 30. Water providers Maynilad and Manila Water are conducting scheduled maintenance and service improvement activities to ensure system reliability.
The Makabayan Bloc in the Philippine House of Representatives has called for the recall of the 2027 General Appropriations Bill, citing unconstitutional provisions. This follows the Supreme Court's ruling that parts of the 2024 and 2025 GAAs were unconstitutional.
Philippine authorities have found no direct links yet to a 521 kg methamphetamine bust in Laos, but are investigating potential involvement of local drug syndicates. The aircraft involved had sought clearance for a Manila flight but never activated it.
The Philippine government has intensified its crackdown on agricultural smuggling, deeming it economic sabotage. From February 2025 to July 2026, P11.6 billion worth of illicit farm goods were seized, with 218 individuals facing charges. Authorities are wary of the El Niño dry spell creating opportunities for smugglers amidst looming water shortages.
The National Bureau of Investigation (NBI) has launched a nationwide investigation into the procurement and use of fraudulent Philippine citizenship documents. This initiative aims to prevent the exploitation of activities reserved for Filipinos and will prioritize cases linked to offshore gaming operators and national security concerns.
Following a spate of violent incidents in Philippine schools, a senator has urged the Department of Education (DepEd) to strengthen security measures in conjunction with anti-bullying policies and mental health support, pledging budget allocations for these initiatives.
The state-run Power Sector Assets and Liabilities Management Corp. (PSALM) failed to secure any bids for its Diliman property in Quezon City, missing its target of generating at least P11 billion. PSALM is considering a second round of bidding.
The Commission on Human Rights (CHR) has launched an investigation into Quezon City police officers allegedly using excessive force against a journalist during a farmer-led protest. Media practitioners express concern over the incident, emphasizing that violence against journalists is unacceptable.
In La Union, Philippines, the National Irrigation Administration (NIA-LU) is preparing additional measures, including facility repairs and water-saving practices, to mitigate the impact of a severe El Niño expected to cause water shortages and reduce irrigation coverage for farmlands. Farmers are encouraged to cultivate drought-tolerant crops.
The Philippine Senate has announced a plan to cut its own budget by 10.1% for the 2027 National Expenditure Program, aiming to set an example amid fiscal constraints. Officials state this reduction will not impact legislative functions.
The Philippine Bureau of Internal Revenue (BIR) has announced a more flexible approach for businesses updating their invoicing systems to comply with new creditable withholding tax (CWT) rules, allowing certain modifications without requiring re-registration or accreditation. This aims to ease the burden on businesses and ensure a smooth transition.