Recent News
Palace to Dela Rosa: Don’t set an example for fugitives
MANILA, Philippines — “Don’t be a role model for fugitives,’’ Palace press officer Claire Castro said on Tuesday as she urged Sen. Ronald “Bato” dela Rosa to surrender and face charges for crimes against humanity before the International Criminal Court (ICC). The government has offered a P50-million bounty for the arrest of Dela Rosa, who
DOE seeks solutions as weaker peso may hike electricity rates
SINGAPORE — Filipinos should brace for higher electricity prices as the peso continues to lose ground against the US dollar, Energy Secretary Sharon Garin said on Tuesday. According to her, the weaker Philippine peso will drive up the import costs of coal, diesel and liquefied natural gas. “So P64 is probably the highest we have
PAF: Training planes in fatal crash not yet that old
MANILA, Philippines — The Philippine Air Force (PAF) on Tuesday sought to dispel speculation that the aircraft involved in last week’s crash that killed four pilots during training were already aging or had virtually become “flying coffins.” The PAF said its SF-260 training aircraft remained within their prescribed operating limits despite being more than a
Employees can’t be forced to retire before 65, says SC ruling
MANILA, Philippines — Employees cannot be forced to retire before the compulsory retirement age of 65 without giving clear and voluntary consent to their employers, according to the Supreme Court. In a decision promulgated June 29 and released on Tuesday, the SC’s 1st Division partly granted the petition of Rodolfo Ondevilla, 67, against Colegio de
Public warned vs scammers posing as DOH chief
MANILA, Philippines — The Department of Health (DOH) on Tuesday warned the public against individuals posing as Health Secretary Edwin Mercado and soliciting donations. “The DOH wants to clarify that any messages or calls for donations or transactions using the name of the Secretary are not official and false,” it said in a statement. READ:
Tollway operators all set for heavier traffic for ‘Undas’
MANILA, Philippines — The country’s two largest tollway operators are bracing for heavier traffic across major expressways during “Undas,” when millions of Filipinos are expected to travel to their hometowns to visit departed loved ones. Ramon Ang-led SMC Infrastructure said it expects vehicle traffic across its tollway network to increase by 10 percent, while Manuel
Bangsamoro’s next step: From peace to prosperity
COTABATO CITY, BARMM, Philippines — The leader of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) on Tuesday invited business leaders and development partners to invest in the region, saying the gains of the peace process must now translate into jobs, better incomes, growing enterprises, and safe and secure communities. “The Bangsamoro is ready to
Negros town shuts trails to protect Mt. Talinis
DUMAGUETE CITY, NEGROS ORIENTAL — The municipal government of Valencia in Negros Oriental province has ordered the temporary closure of trails leading to Mt. Talinis starting on Nov. 1, to give the mountain’s ecosystem time to recover from environmental damage caused by increasing human activities. The measure, contained in Executive Order No. 45 signed by
P1.3-M reward up for info on Albay broadcaster slay
LEGAZPI CITY, ALBAY, Philippines — A P1.3-million reward has been put up for information leading to the identification and arrest of suspects in the Oct. 12 murder of broadcaster Adrian Loterte in Daraga, Albay. Loterte, an anchor of RBN News Television’s online program “Rabas Cun Rabas” and a freelance broadcaster for dwIZ FM, was tending
Closed fishing season for galunggong begins Nov. 1
The annual three-month closed fishing season for round scad or galunggong will begin on November 1, the Bureau of Fisheries and Aquatic Resources (BFAR) Mimaropa announced.
Clarita Carlos files cyberlibel complaint vs. Tarriela, Logico
Former national security adviser Clarita Carlos has filed a cyberlibel complaint with the National Bureau of Investigation (NBI) against Rear Admiral Jay Tarriela, the Philippine Coast Guard (PCG) spokesperson for the West Philippine Sea, and Philippine Military Academy (PMA) Superintendent Lieutenant General Michael Logico.
Singapore, Indonesia set up task force to combat haze from illegal burning
Indonesia and Singapore agreed Tuesday to cooperate more closely to combat the illegal burning of land that has contributed to a toxic haze that has blanketed multiple cities across Southeast Asia in recent weeks.
Improper antibiotic dosing linked to resistant E. coli in meat -- DA
Improper antibiotic dosing in livestock has contributed to the emergence of antibiotic-resistant E. coli bacteria, the Department of Agriculture (DA) said on Wednesday.
Lawyers press AGC to charge border agency chief over another alleged assault case
They claim a similar incident occurred in 2015, but no action was taken.
Ex-Sara Duterte aide Jefry Tupas accuses NBI of harassment over recommendation of charges
Former Davao City chief information officer Jefry Tupas on Wednesday accused the National Bureau of Investigation (NBI) of harassment.
US costs of Iran war rise to over $47B – Pentagon data
The Pentagon's latest estimate is tied to the operational costs of carrying out the war, with a projected cost of more than $29 billion to replace expended munitions used in the conflict
'Game over?': N Sembilan gazettes removal of 3 rebel chieftains
With this, the only rebel undang that remains is chieftain of Johol, Muhammed Abdullah.
UK investor BII eyes LEC climate infra projects
MANILA, Philippines — The British International Investment (BII) has expressed interest in financing priority climate infrastructure projects under the Luzon Economic Corridor as part of its broader $1.6-billion investment commitment to Southeast Asia. The Department of Finance (DOF) told the Inquirer that BII is eyeing projects in clean energy, transport, logistics, and industrial decarbonization as it
Imports remain subdued despite stronger demand for key goods
MANILA, Philippines — Philippine import activity remained subdued in the first nine months of the year despite stronger demand for several key commodities, according to the latest Bureau of Customs (BOC) data. Non-oil import volume rose only 1.3 percent to 81.77 billion kilograms (kg) from 80.72 billion kg in the same period last year. READ: BOC
World Bank funds P97.9M push to boost Bukidnon coffee
MANILA, Philippines — A World Bank-funded initiative is providing P97.91 million for agricultural infrastructure, enterprise development, and water and irrigation to develop the coffee industry in the Daraghuyan Ancestral Domain in Bukidnon. The Department of Agriculture (DA) and WB aim to enhance farm-to-market access, post-harvest handling, processing capacity, and access to essential agricultural services in the
'Flexibility has value': Economists warn Sara credit can't cover rent, bills
They say, among others, direct cash assistance can be used according to need.
Aboitiz airports seen beating ‘25 passenger tally
MANILA, Philippines — Aboitiz Infracapital Inc. (AIC) is confident it can surpass last year’s passenger traffic across its three airports, despite the lingering impact of the Middle East war on travel demand and airline operations. While growth may fall short of the company’s earlier expectations, AIC president and CEO Cosette Canilao said combined passenger traffic
SEC flags Casa Spoonful’s investment scheme
MANILA, Philippines — The Securities and Exchange Commission (SEC) has warned the public against investing in a restaurant franchise co-ownership scheme promising guaranteed monthly returns of up to 4 percent without requiring investors to manage a branch. In an advisory, the regulator said Spoonful DVO Food House, also known as Casa Spoonful and SG Horizon Corp.,
Peso continues freefall, from 63-64:$1 in 8 days
MANILA, Philippines — The Philippine peso fell past 64 per dollar for the first time on Tuesday, setting another record low as mounting economic uncertainty and external pressures fueled bets that the currency could weaken further to 65. The local unit lost 22 centavos to close at 64.17 versus the greenback, data from the Bankers Association
Higher airfares coming in early November
MANILA, Philippines — Travelers booking flights within and out of the Philippines in early November may have to shell out more for tickets, as the allowable fuel surcharge is set to rise again amid global jet fuel prices nearing the $200-per-barrel mark. In an advisory on Tuesday, the Civil Aeronautics Board (CAB) raised the allowable
2-GW LNG power facility rising at Aurora ecozone
MANILA, Philippines — An American company is lining up an initial P9.45-billion investment to build a liquefied natural gas (LNG)-fired power generation and substation facility in an ecozone in Casiguran, Aurora, which the government hopes to develop into a hub for data centers and defense-related industries. It will be developed by Texas-based ARQ Development Corp. LLC
Maynilad shells out P10B for La Mesa dam upgrades
MANILA, Philippines — Maynilad Water Services Inc. (Maynilad) has spent nearly P10 billion to rehabilitate its La Mesa dam facilities as it gears up for drier weather brought by the super El Niño. The Pangilinan-led group said it has been conducting rehabilitation work over several years, allowing it to upgrade some key water infrastructure. READ: Maynilad
DMCI to challenge DOE-DENR order
MANILA, Philippines — DMCI Holdings Inc. said the joint circular on awarding contracts involving the Philippines’ natural resources could be challenged in court, warning that the new policy could slow investment in the country’s mining sector. Isidro Consunji, chair and president of DMCI Holdings, said Joint Administrative Order (JAO) No. 2026-01, promulgated by the Department
12-MW waste-to-energy plant eyed in Pangasinan
MANILA, Philippines — North Maharlika Energy Corp. is earmarking about P3 billion to build a waste-to-energy (WTE) power plant in Pangasinan. In a document submitted to the Department of Environment and Natural Resources, the company has proposed developing a 12-megawatt (MW) facility, offering new baseload power generation that can run for 25 years. READ: DOE raises
How much of a company’s return really comes from debt?
MANILA, Philippines — Companies normally borrow money to finance expansion, acquisitions and other investments that can increase future earnings. By using debt instead of issuing new shares, a company can also increase return on equity (ROE). This happens because debt allows a company to invest more capital without requiring shareholders to put in more money. If
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