Two former political prisoners asked the Office of the Ombudsman to reconsider the complaints filed against several PNP officers over alleged illegal detention and planting of evidence.
MANILA, Philippines — The national government’s debt service bill dropped in August as the absence of a massive bond maturity settlement made in the same month last year sharply reduced principal repayments. Latest data from the Bureau of the Treasury (BTr) showed that debt payments fell nearly 89 percent to P76.12 billion in August from
CAGAYAN DE ORO CITY — At the Cogon Public Market here, 59-year-old vegetable vendor Alma Labajo is already feeling the pinch of a “very strong” El Niño, lamenting high prices as harvests from the city’s hinterland farms dwindle. “When fewer vegetables reach the market, prices inevitably rise,” Labajo told the Inquirer, noting that resellers are
MANILA, Philippines — Forensic financial analyst Atty. Alexander Cabrera on Monday described the financial operations of Cale 88 Food Corp. as a “revolving door,” calling it a “symptom of money laundering.” Vice President Sara Duterte’s spouse, Atty. Manases Carpio, supposedly held a 47.5% ownership stake in Cale 88 as an incorporator and shareholder from 2021
DMCI Homes of the Consunji Group has reached a major construction milestone for its 7.5-hectare Solmera Coast beachfront estate in Batangas, with the company completing the structural framework of all five buildings in the project’s resort component.
BMI, a unit of Fitch Solutions, has raised its forecast for bank lending growth in the Philippines this year but warned that higher borrowing costs and sluggish economic activity could slow credit expansion through 2027.
The province of Cebu is reaping gains from its intensified tourism promotions and stronger international connectivity as tourist arrivals grew double digits in eight months this year.
For many Filipinos, insurance is seen primarily as protection for difficult moments: an illness, an accident, the loss of a breadwinner or damage caused by a natural disaster.
Congestion at major Asian container ports could take months to ease, with weather disruptions and operational bottlenecks tying up ships, squeezing capacity and driving freight rates higher.
Philex Mining Corp. said mining operations at its Padcal mine remain unrestricted despite an ongoing workers’ strike.