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Senator Panfilo Lacson on Sunday challenged Senate Minority Leader Alan Peter Cayetano to name the individuals he allegedly threatened in connection with infrastructure projects and reclamation activities in Taguig City. Lacson's statement was a response to Cayetano's social media post claiming to have received 'feelers' from parties.
The Bangko Sentral ng Pilipinas (BSP) is expected to continue its policy rate hikes due to persistent high inflation, potentially placing further pressure on the domestic economy.
President Ferdinand Marcos Jr. dismissed as "fake news" Vice President Sara Duterte's allegation that his administration was behind efforts to discredit her, challenging her to present evidence during an interview in Singapore, signaling rising political tensions.
President Ferdinand Marcos Jr. announced Sunday that Lino Cayetano, General Manager of People's Television Network (PTV-4), will replace Dave Gomez as head of the Presidential Communications Office (PCO). The change will be formalized upon the President's return to the Philippines.
Philippine President Ferdinand Marcos Jr. confirmed he accepted the resignation of Information and Communications Technology Secretary Henry Aguda, stating the announcement was delayed to find a replacement.
Senator Robin Padilla indicated that he and allied senators might boycott the impeachment trial of Vice President Sara Duterte if the "distortion" of the Constitution persists. While no concrete discussions have occurred, he suggested a decision could be made soon.
Atty. Manases Carpio, husband of Vice President Sara Duterte, stated that flagged purchases linked to him were paid for with his personal funds, not public money. This clarification follows scrutiny from a witness for the House prosecution panel.
The family of renowned Filipino artist Nunelucio Alvarado has issued a warning about counterfeit artworks circulating in the market. Highly sophisticated fakes, difficult to distinguish from originals, are reportedly being sold, raising concerns for art enthusiasts and collectors.
The Department of Transportation (DOTr) in the Philippines plans to launch three new land transport terminals in Taguig, Ilocos Norte, and El Nido by 2027, with a combined cost of P6.43 billion. These hubs aim to improve land travel convenience within and around Luzon and expand bus routes.
The Asian Development Bank (ADB) has stated its readiness to provide assistance to the Philippines as it braces for the impact of El Niño, with a $500 million loan facility available if the government declares a state of emergency.
Meralco PowerGen Corp. (MGEN) is pinning its hopes on a competitive selection process (CSP) by its parent, Manila Electric Co. (Meralco), as a final opportunity to advance its 1,200-megawatt (MW) coal-fired power plant in Atimonan, Quezon. The company has navigated several fuel technology changes and emphasizes the critical need for a power supply agreement (PSA).
Ayala Corp., the Philippines' oldest conglomerate, will not pursue immediate initial public offerings (IPOs) for its other business units. CEO Cezar Consing cited attractive valuations from private investors as a reason, while its GCash parent Mynt is set to list this month.
Foreign portfolio investments in the Philippines registered a net outflow of $315.41 million in August, reversing three months of net inflows. Renewed geopolitical tensions, higher oil prices, and inflation concerns weighed on investor sentiment.
Tycoon Ramon del Rosario Jr., chairman and CEO of Phinma Corp., stated that delisting the company from the Philippine Stock Exchange is not a priority, despite its thinly traded and undervalued stock. He expressed optimism for the Philippines' future and his commitment to addressing societal issues through business, particularly in education.
The Philippine Department of Tourism anticipates a surge in tourist arrivals in the fourth quarter, driven by expectations of relaxed visa policies for Chinese tourists. Despite concerns over high fuel prices and airfare, inbound visitor numbers have shown steady growth.
The Philippine government has issued new guidelines requiring national agencies to explain how their budget proposals for Fiscal Year 2028 reflect regional development priorities. Prior consultations with Regional Development Councils (RDCs) and local government units will be emphasized.
Philippine fixed-capital investment is projected to contract by 2.7% this year due to infrastructure delays, higher energy prices, and weak investor confidence, according to the World Bank. This reverses an expected growth of 0.8% in 2025.
Japanese companies operating in the Philippines have identified delays in tax refund processes and high electricity costs as their primary concerns. The Japanese Chamber of Commerce and Industry of the Philippines also highlighted policy consistency as crucial for long-term investment decisions.
The Philippines can access a $500-million loan facility from the Asian Development Bank (ADB) to mitigate the impact of El Niño, with the bank confirming its readiness to provide emergency financial assistance.
Five police personnel in Taguig City have been relieved from their posts following an alleged extortion attempt against a 24-year-old man, with the PNP chief ordering a thorough investigation into the viral video incident.
Philippine low-cost carrier Cebu Pacific is expanding its long-haul fleet with its 15th Airbus A330neo, accelerating capacity expansion for the holiday season. The introduction of these fuel-efficient and environmentally friendly aircraft aims to address rising fuel costs and environmental regulations.
US Department of Agriculture (USDA) forecasts a seven percent increase in pork imports to the Philippines in 2027. However, rising domestic stocks may temper further expansion.
The Land Transportation Franchising and Regulatory Board (LTFRB) has summoned taxi operator Green and Smart Mobility Philippines Inc. after one of its drivers was filmed littering from a moving vehicle, prompting a review of the company's operating permit.
The National Bureau of Investigation (NBI) has summoned Davao City 1st District Rep. Paolo “Pulong” Duterte to a conference to address allegations by a dismissed police officer claiming cash deliveries from former House Speaker Lord Allan Velasco. Duterte is expected to attend with legal counsel.
The Philippines is on track to meet its target of 6.4 million tourist arrivals this year, bolstered by travel demand in the fourth quarter, according to the Department of Tourism. This indicates a significant recovery from the pandemic.
The Energy Regulatory Commission (ERC) has approved Meralco's first rate reset in over a decade, slashing the proposed electricity distribution rate by approximately 37%. This marks a significant reduction for consumers in the Manila Electric Company's service area.
The Philippine National Police (PNP) is undertaking a review of its training programs to bolster its capacity in combating cybercrimes. Concurrently, the National Police Commission (Napolcom) plans to reform criminology education and police training, aiming to enhance the protection of digital evidence and victim support.
The Court of Appeals has denied former Bamban Mayor Alice Guo's plea for release, rejecting her claim of unlawful arrest. Guo, convicted of qualified human trafficking, remains in detention.
Financial institutions should bear greater responsibility for losses incurred from digital scams when these arise from weaknesses in their own controls, according to global management consulting firm Arthur D. Little (ADL).
The Sandiganbayan has set the arraignment for a Pasay City judge facing direct bribery charges on October 21. The judge and a clerk of court are accused of demanding P6 million for a favorable decision in a civil case.
The Philippines is experiencing the most widespread inflation pressures among Asian economies, according to an analysis by Japanese investment bank Nomura. This strengthens the case for further interest rate hikes by the Bangko Sentral ng Pilipinas (BSP).
A video showing a school official beating a dog on a college campus in Pampanga has prompted a local congressman to order the police to investigate and file charges within 72 hours.
Philippine industry leaders have voiced concerns over the government's inadequate follow-through on reports of substandard steel products, urging for stricter standards and a ban on induction furnace products.
San Jose del Monte City in Bulacan, Philippines, has suspended work and classes from today until Wednesday based on a local Disaster Risk Reduction and Management Council recommendation due to water service interruptions. This is in response to maintenance work on MWSS pipelines.
The Philippine House of Representatives is planning to increase the Cancer Assistance Fund (CAF) to P3.75 billion in the 2027 National Expenditure Program, a 150% rise from this year's P1.5 billion. This aims to expand access to cancer screenings and treatments for more Filipinos.
Davao City Rep. Paolo Duterte questioned the necessity of his testimony regarding claims by a dismissed policeman about alleged cash deliveries. Duterte argued that if the accuser passed a lie detector test, his own testimony might be redundant.