DOF signs $1.5B ADB deal to address Middle East crisis

Inquirer.net - Oct 20, 2026

MANILA, Philippines — The Department of Finance (DOF) has signed the $1.5-billion financing extended by the Asian Development Bank (ADB) to help fund the government’s measures to cushion the impact of the Middle East crisis. The parties signed the agreement, named the Assistance for Greater Resilience and Alleviation of Poverty (Agapay), on Oct. 6. READ: DOF

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MANILA, Philippines — The government’s 2027 fiscal position could swing by tens of billions of pesos depending on economic indicators, with faster expansion offering the biggest boost and higher global interest rates posing the largest downside risk. This is according to the Department of Budget and Management’s (DBM) latest technical notes on the P7.2-trillion 2027 proposed

Police seize P6.5-M ‘smuggled’ cigarettes in Misamis Occidental

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CAGAYAN DE ORO CITY — A pre-dawn checkpoint operation in Misamis Occidental thwarted an attempt to transport nearly P6.5 million worth of suspected smuggled cigarettes bound for Central Luzon, leading to the arrest of two couriers early Tuesday. Police Regional Office-10 (PRO-10) reported the seizure of 8,116 reams of “Modern” brand cigarettes at a border

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MANILA, Philippines — A 20-year-old college student from Lipa, Batangas was killed by stabbing last week. The unidentified male suspect is at large, according to the spot report obtained by the Inquirer from the Lipa Component City Police Station. The police said they received a report that the victim was found lying along the road

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TACLOBAN CITY — A fisherman and his seven-year-old son who went missing after leaving for a fishing trip were found stranded in the maritime area near Maripipi, Biliran province, on Monday, according to the Municipal Disaster Risk Reduction and Management Office (MDRRMO) of Kawayan. In a report, the Kawayan MDRRMO said its personnel, in coordination

‘Amihan’ season expected to begin between Oct. 22 – 30, says Pagasa

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MANILA, Philippines — The northeast monsoon, or “amihan” season, which will bring cooler and drier air, is expected to begin between October 22 and October 30, according to the state weather bureau on Tuesday. In a press briefing, Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) Climate Monitoring and Prediction Section Chief Ana Liza Solis said the

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MANILA, Philippines — The complainants in the first and third articles of impeachment against Vice President Sara Duterte on Tuesday said the prosecution’s move to abandon most of the charges was a “strategic move” to speed up the trial and secure a faster outcome. In a joint statement, the complainants argued that narrowing the impeachment

Alcantara says he gets 2% cut from Co’s alleged kickbacks as ‘lambing’

Oct 20, 2026

MANILA, Philippines — State witness and former Public Works and Highways-Bulacan District Engineer Henry Alcantara on Tuesday told the Sandiganbayan that he got a 2 percent cut as “lambing” (gentle request) from alleged kickbacks for former Ako Bicol Rep. Zaldy Co. Alcantara mentioned this in testimony before the anti-graft court’s Third Division during former House

DOF signs $1.5B ADB deal to address Middle East crisis

More News

Zaldy Co prefers more durable ‘maleta’ for kickbacks – Henry Alcantara

Economic shifts could swing 2027 budget by billions — DBM

Police seize P6.5-M ‘smuggled’ cigarettes in Misamis Occidental

20-year-old student dead after stabbing in Batangas; suspect at large

Missing fisherman, 7-year-old son found stranded off Biliran town

‘Amihan’ season expected to begin between Oct. 22 – 30, says Pagasa

Pangasinan may have sufficient irrigation until 2027 palay season

IT student develops app to bring Koronadal’s heritage to life

Lacson hits Cayetanos over LLDA budget hearing questions

Marcos: Turn World War II heroes’ sacrifices into action

Complainants back ‘strategic move’ to drop 3 charges vs Sara Duterte

Alcantara says he gets 2% cut from Co’s alleged kickbacks as ‘lambing’

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