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🇵🇭 Philippines News Archive

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Philstar Nation

Philippines Eyes 'Green Revolution' and Water Reuse to Combat Super El Niño

The Philippine government plans to encourage water reuse and revive a 'green revolution' to mitigate the impact of a strong El Niño on water supply and food security. President Marcos announced initiatives including distributing buckets for rainwater harvesting and providing guidance on water purification.

Philstar Nation

ERC Orders Meralco to Refund P2.64 Billion to Customers

The Philippine Energy Regulatory Commission (ERC) has ordered power giant Meralco to refund P2.64 billion to its customers over six months, stemming from a "true-up" calculation reconciling past overcharges.

Philstar Nation

House Approves P7.2-T 2027 Budget on Final Reading

The Philippine House of Representatives approved the proposed P7.2-trillion national budget for 2027 on final reading, with the Department of Education receiving the largest allocation of P1.1 trillion. However, some lawmakers raised concerns about political considerations and inadequate health funding.

Philstar Nation

Energy Secretary faces resignation pressure amid Visayas power crisis criticism

Philippine Energy Secretary Sharon Garin is facing calls for her resignation over the power crisis in the Visayas region. She stated her fate rests with President Marcos, while facing questions about power supply delays and accountability. Meanwhile, the DICT Secretary has confirmed his resignation.

Philstar Nation

No Deployment Ban for Saudi-bound OFWs Despite Airport Attack, DMW Says

The Department of Migrant Workers (DMW) announced that there will be no deployment ban for Overseas Filipino Workers (OFWs) to Saudi Arabia, despite a recent attack on its international airport. The DMW stated that economic activities continue and Filipinos remain safe. However, some OFWs are stranded due to flight cancellations and are receiving assistance.

Philstar Business

Pangilinan Boosts Meralco Stake in P2.19B Deal

Tycoon Manuel V. Pangilinan has further consolidated his control over Manila Electric Co. (Meralco) by acquiring shares worth approximately P2.19 billion from the San Miguel Group. This move underscores his significant influence in the Philippines' power infrastructure.

Philstar Business

GCash Parent Mynt Sees Oversubscribed IPO Demand

Mynt Inc., the parent company of Philippine e-wallet giant GCash, has secured significantly oversubscribed demand for its initial public offering (IPO), poised to be the country's largest. The offering saw strong interest across brokerage firms, exceeding allocated shares.

Philstar Business

Philippines Hotspot for ASEAN Scam Operations; "Scam Ready ASEAN" Program Launched

The Philippines has emerged as a major hotspot for scam operations within the Association of Southeast Asian Nations (ASEAN). According to the ASEAN Foundation, Filipinos lost an estimated P121.8 billion to scams over the past year. In response, the "Scam Ready ASEAN" capacity-building initiative has been launched in the Philippines.

Philstar Business

DA Eyes Over P10 Billion in Additional Revenues From Higher Pork Tariffs

The Department of Agriculture (DA) anticipates over P10 billion in additional revenue from increased pork import tariffs, which it plans to allocate to the Animal Competitiveness Enhancement Fund (AnCEF) to support the livestock sector. However, meat importers warn of higher consumer prices.

Inquirer Business

PH debt servicing dips 89% to P76B in August

The Philippine government's debt servicing bill plummeted by 89% to P76.12 billion in August, primarily due to the absence of a large bond maturity payment that occurred in the same month last year. This marks a significant decrease in government expenditure on debt.

SunStar Philippines (GN)

Online Defamation Against the Deceased Sparks Concern

Online defamation against the deceased is becoming a serious social issue in the Philippines, with continuous acts harming the reputation of the deceased and the feelings of their families, prompting calls for legal measures and ethical discussions.

Philstar Business

Jollibee Group Shifts Nearly 200 Stores to Geothermal Power

The Jollibee Group in the Philippines is transitioning nearly 200 company-owned stores to geothermal power supplied by First Gen Corp. This move aims to reduce carbon emissions and stabilize electricity costs, utilizing the government's Retail Electricity Aggregation Program (RAP).

Philstar Business

Philippines Eyes Nuclear Power to Fuel AI and Data Center Boom

The Philippines is seriously considering the inclusion of nuclear power in its energy mix to meet the rising electricity demand driven by the growth of AI and data center industries. Diversifying energy sources and reducing import dependency are also key objectives.

Philstar Nation

3 dead, 2 hurt in CDO road mishap

Three family members were killed and two others injured in a road accident in Cagayan de Oro City on Sunday. Police are hunting for the truck driver who fled the scene.

Philstar Nation

Explosives Found Near Camp Crame, Authorities Investigate

Two grenades and ammunition were discovered in a garbage pile in San Juan City, approximately 300-400 meters from the Philippine National Police headquarters. Police are investigating the incident as a case of improper disposal.

Philstar Business

DMCI Nears Completion of Batangas Beachfront Resort Project

DMCI Homes has reached a major construction milestone for its 7.5-hectare Solmera Coast beachfront estate in Batangas, with the resort component slated to open in February next year, attracting interest from investors and beach enthusiasts.

Philstar Business

STI Marks 50 Years as Publicly Listed Company

STI Education Systems Holdings Inc., a major private school network in the Philippines, celebrates its 50th anniversary as a publicly listed company on the Philippine Stock Exchange. The company is recognized for its bold transformation into the education sector and its enduring commitment to empowering Filipino youth.

Philstar Business

ASEAN Pushes for Deeper Integration on Food Security

The Philippines is advocating for deeper integration among ASEAN nations to bolster food security and expand market linkages. The country emphasizes the importance of robust trade agreements and reciprocal investments to address climate and geopolitical challenges impacting domestic production.

Philstar Nation

Visayas Faces Renewed Grid Alert Risk Amid Super El Niño, DOE Warns

The Philippines' Department of Energy (DOE) warns that the Visayas region faces a renewed risk of grid alerts due to power shortages, exacerbated by the super El Niño. Concerns rise for 2026-2027, with increased demand and reduced hydropower output anticipated.

Philstar Nation

Special Bus Routes Eyed Amid LRT-2 Train Shortage

The Philippine Department of Transportation is considering special bus routes between Antipolo City and Manila to alleviate congestion caused by reduced LRT-2 train availability. The plan involves designated bus stops near existing LRT-2 stations.

Philstar Business

Philex Mining: Padcal Operations Unaffected by Workers' Strike

Philex Mining Corp. announced that its mining operations at the Padcal mine continue without interruption, despite an ongoing workers' strike. The company has implemented measures to minimize the impact of the labor action.

Philstar Business

NHMFC Securitizes P1.46B in Mortgages, Boosts Housing Finance

The National Home Mortgage Finance Corp. (NHMFC) has reached a new milestone in Philippine housing finance by successfully issuing Residential Mortgage-Backed Securities (RMBS) worth approximately P1.46 billion. This move is expected to invigorate the domestic mortgage market.

Philstar Business

Cebu sees double-digit tourist growth, eyes enhanced international connectivity

Cebu province in the Philippines experienced a 12.78% increase in tourist arrivals from January to August this year, driven by intensified tourism promotions and enhanced international connectivity. Foreign arrivals saw a significant surge, highlighting the importance of further strengthening international flight routes for sustained growth.

Inquirer NewsInfo

Senator Pushes for P5,000 Monthly Allowance for Government Workers

Senator JV Ejercito is advocating for an increase in the Personnel Economic Relief Allowance (PERA) for government employees from P2,000 to P5,000 monthly. This allowance has not been adjusted since 2009, failing to keep pace with inflation.