Recent News
Zamboanga mayor offers P2-M bounty for killers of Basilan judge
PAGADIAN CITY, Zamboanga del Sur — Zamboanga City Mayor Khymer Olaso has offered a P2-million cash reward for credible information leading to the identification and arrest of the gunmen behind the deadly attack on an Isabela City judge in Barangay Tumaga, Zamboanga City early Thursday morning. Speaking at a press briefing at City Hall late
DOJ chief defends legality of bounty for Bato dela Rosa’s arrest
MANILA, Philippines — Justice Secretary Fredderick Vida defended the bounty offered for any information that could lead to the arrest of Sen. Ronald “Bato” dela Rosa. Dela Rosa has been in hiding since last May, when the International Criminal Court (ICC) issued an arrest warrant for him. The government has already offered a P50 million
Brian Poe: ‘Most Trusted’ award inspires him to work harder to serve
MANILA, Philippines— Rather than viewing recognition as a measure of personal success, FPJ Panday Bayanihan Party-List Rep. Brian Poe sees it as a renewed responsibility to work harder and remain worthy of the Filipino people’s trust. Poe delivered that message on Thursday as he accepted the award for the Top Performing, Most Trusted Party-List in
Mendoza thanks Marcos for appointment as BOC chief
MANILA, Philippines — Charlito Martin Mendoza thanked President Ferdinand Marcos on Thursday for his new assignment as Bureau of Customs (BOC) chief, which is part of the administration’s latest sweeping leadership reshuffle. Under the reshuffle, Bases Conversion and Development Authority (BCDA) Joshua Bingcang will be the new director general of the Philippine Economic Zone Authority
Ateneo de Zamboanga College of Law condemns killing of Basilan judge
PAGADIAN CITY, Zamboanga del Sur – The Ateneo de Zamboanga University (AdZU) College of Law on Thursday condemned the deadly attack on Regional Trial Court (RTC) Judge Joseph Wee Sit, calling on authorities to ensure swift justice for the victim. In a statement, the Jesuit-run law school expressed deep grief over the killing of Wee
Prosec: Defense withdrew BPI exec to prevent ‘Pandora’s box’ opening
MANILA, Philippines — Members of the prosecution panel believe the decision of Vice President Sara Duterte’s legal team to withdraw the presentation of a Bank of the Philippine Islands (BPI) official was brought by a yearning to play safe. The prosecutors think that if the defense team will push through with its plan, the action might
Motorcycle taxi group pushes for industry legalization, rider protection
MANILA, Philippines — Motorcycle taxi riders’ group Metro has called for a review of rider limits, saying these should be based on passenger demand and not restrict drivers’ livelihoods. Metro co-convener Jayson Luna said the Department of Transportation and the Land Transportation Franchising and Regulatory Board (LTFRB) should introduce long-term reforms that benefit both riders
Beyond risk prediction, AI can make insurance more preventive and inclusive
“If AI only helps us predict who will have a claim, we have built a better risk model. If it helps us prevent that claim, protect more people, and make insurance more accessible, then we have built a better insurance company.” Insurance has always been built around the promise that when something goes wrong, we
AMLC files civil forfeiture case vs Romualdez
MANILA, Philippines—The Anti-Money Laundering Council (AMLC) has filed a civil forfeiture case that covers the bank accounts of former House Speaker Martin Romualdez, a witness told the Sandiganbayan Third Division on Thursday. Defense attorney Rashel Ann Pomoy confirmed this with AMLC financial investigator Jan Mark Busa, who testified as witness for the prosecution during the
New wells lift Malampaya gas output to 5-year high
MANILA, Philippines — Razon-led Prime Energy Resources Development B.V. said the local market’s only natural gas field has hit its highest delivery in five years after unlocking new gas supply. On Thursday, the group said Malampaya natural gas deliveries recently reached a five-year high, surging to 400 million standard cubic feet per day. READ: Prime Energy
As telco profits dip, MVP floats consolidation
MANILA, Philippines — Tycoon Manuel V. Pangilinan is again raising the prospect of consolidation among the country’s four major telecommunications companies as they grapple with rising costs, sluggish revenue growth, and pressure on consumer spending. “We have four telcos serving a very small market,” Pangilinan said at PLDT Inc.’s third-quarter briefing on Thursday, noting that
GT Capital’s 9-month profit falls 10% to P23.3B
MANILA, Philippines — GT Capital Holdings Inc.’s consolidated net income fell 10 percent to P23.3 billion in the first nine months of 2026 as economic growth slowed and high inflation weighed on consumer sentiment. On Thursday, the conglomerate pointed out in a disclosure that third-quarter gross domestic product growth was 2.1 percent. READ: GT Capital earns
Two more Bukidnon centenarians receive P50,000 cash incentives
DANGCAGAN, Bukidnon — Two more living centenarians in southern Bukidnon received P50,000 each in cash incentives from the provincial government on Wednesday, November 11, as part of its continuing recognition of the province’s oldest residents. Ellen Salumintao, Provincial Social Welfare and Development Office (PSWDO) head, personally went to the homes of the beneficiaries to hand
DepEd cites private sector role in NCR schools’ tech transformation
MANILA, Philippines— The Department of Education (DepEd) emphasized the vital role of public-private partnerships in driving nationwide digital transformation. DepEd issued that statement on Thursday, as public schools in the National Capital Region, including those in Navotas City and Caloocan City, received 133 information and communications technology (ICT) units. Education Secretary Sonny Angara led the
RE lifts First Gen 9-mo profit to P12.5B
MANILA, Philippines — Lopez-led First Gen Corp. posted an uptick in earnings in the first nine months as it benefited from stronger results from its renewable energy assets. On Thursday, First Gen said in a statement that its attributable recurring net income had reached P12.5 billion, up 3 percent from P12.1 billion. READ: First Gen seals
ACEN gives up nearly 5GW more in renewable contracts
MANILA, Philippines — ACEN Corp. has dropped 12 wind and solar service contracts in Luzon, letting go of nearly 5,000 megawatts (MW) of potential capacity, as the government continues to purge idle renewable projects. On Thursday, the group, backed by the Ayala Group, said in a regulatory filing that it voluntarily relinquished the projects “in support
High fuel prices, peso slump ground CebuPac to P12.8-B loss
MANILA, Philippines — Budget carrier Cebu Pacific sank deeper into the red in the first nine months of 2026, posting a P12.8-billion net loss after a double whammy of soaring jet fuel costs and a weakening peso. This marked a reversal from the P9.46-billion profit that the Gokongwei-led carrier booked in the same period in 2025.
Prosec: VP Duterte’s bank accounts, undeclared balances still undisputed
MANILA, Philippines — Vice President Sara Z. Duterte’s lawyers have yet to dispute bank accounts and balances that formed part of the P817.87 million in alleged unexplained wealth identified by forensic accounting expert Alexander Cabrera. Rep. Zia Alonto Adiong, House prosecution spokesperson, pointed this out on Thursday in a press briefing after the 43rd day of
BIR eyes P3T in collections by end-November
MANILA, Philippines — The Bureau of Internal Revenue (BIR) is eyeing the P3-trillion collection mark before the end of November––a goal that it plans to achieve through stronger tax compliance. On Thursday, the BIR said in a statement that it collected P2.8 trillion in the first 10 months, up 5.63 percent from the comparable period in
BankCom’s 9-month net income rises 15% to P3.17B
MANILA, Philippines — Bank of Commerce (BankCom), an affiliate of San Miguel Corp., grew its unaudited net income by 15 percent to P3.17 billion in the first nine months of 2026 as higher interest earnings offset a drop in non-interest income. On Thursday, the bank said it earned P2.75 billion in the same period last year. BankCom
Fuller carts, S&R crowds push Puregold profit up 18.8%
MANILA, Philippines — Bigger shopper spending per transaction and more visits to its S&R warehouses lifted Puregold Price Club Inc.’s consolidated net income 18 percent to P8.67 billion in the first nine months of 2026. On Thursday, the Lucio Co-led grocery retailer said on it earned P7.30 billion in the same period last year. READ: Puregold
Troops sent to North Cotabato village to pacify warring MILF groups
COTABATO CITY — The Army’s 33rd Infantry Battalion (IB) deployed troops, backed by armored personnel carriers, on Thursday to a village in Aleosan, North Cotabato, to pacify warring armed groups identified with the Moro Islamic Liberation Front (MILF). Colonel Ramel Hojilla, North Cotabato police director, said two minor siblings were killed on Tuesday after hostilities
Padilla dares impeachment trial prosecutors to investigate his expenses
Senator Robin Padilla on Thursday dared the House prosecution panel to investigate him over his P1.54 million worth of expenses that he said were spent to help people in need.
Alcantara returns new batch of stolen public funds, increasing pot to P866M
MANILA, Philippines—Former Public Works-Bulacan District Engineer Henry Alcantara has returned another batch of cold cash to the Bureau of Treasury, increasing the pot to P866.4 million. Justice Undersecretary Deo Marco made the revelation on Thursday, noting that the stolen public funds have been recently turned over to the Bureau of Treasury (BTr). Marco added that
GSIS 9-month net income up 13.9 percent
MANILA, Philippines — The Government Service Insurance System (GSIS) reported a 13.9 percent increase in profits in the first nine months of 2026, driven by investment income and member contributions. On Thursday, the state-run pension fund for government workers said in a statement that it netted P123 billion from January to September, up from P108 billion
Two dead, five injured as motorcycle, hearse collide in Negros Oriental
BACOLOD CITY — Two students were killed while five others were injured after a motorcycle collided with a hearse van along the national highway in Barangay Iniban, Ayungon town, Negros Oriental, on Wednesday night, November 11. Police identified the fatalities as the 22-year-old male driver of the black Honda XRM 125 motorcycle, a Criminology student
Prosecution points to ‘lavish spending’ by VP Duterte’s spouse
Updated @ 7:35 p.m., Thursday, Nov. 12, 2026 MANILA, Philippines — The “lavish spending” of Vice President Sara Duterte and her husband, lawyer Manases Carpio, runs counter to the constitutional requirement for public officials to lead modest lives, House prosecutors said on Thursday. The House prosecution panel made the argument after defense witnesses Anel Martin
Manila acquires permanent site for Universidad de Manila
MANILA, Philippines — The City of Manila on Thursday announced that it had acquired eight adjoining properties along C.M. Recto Avenue from the Land Bank of the Philippines worth P975 million, which will serve as the permanent site of Universidad de Manila (UdM). Manila Mayor Francisco “Isko Moreno” Domagoso said the property was originally valued
FPH to divest Rockwell Land stake for P15.9B
MANILA, Philippines — First Philippine Holdings Corp. (FPH) is selling its entire 90.74-percent stake in Rockwell Land Corp. to Crème Investment Corp. for P15.9 billion, in a deal that would shift control of the property developer to the branch of the Lopez family descended from Eugenio “Geny” Lopez Jr. On Thursday, the Lopez-led conglomerate said its
El Niño takes toll on fishers’ health, livelihoods
MANILA, Philippines — Filipino fisherfolk are experiencing skin problems, heat-related illnesses and reduced fishing hours as extreme heat affects their work at sea, prompting an environmental group to urge the government to provide alternative livelihoods and stronger social protection as a very strong El Niño persists in the Pacific. El Niño is a climate phenomenon
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