The Philippine economy is projected to grow by a faster 5.3 percent year-on-year in the fourth quarter of 2025, driven by the resumption of government spending and stronger consumer activity fueled by healthy remittance inflows during the holiday season, the University of Asia and the Pacific...
The Department of Finance (DOF) announced the immediate and temporary suspension of all field tax audits and related operations, citing widespread taxpayer concerns over “potential abuse” and irregularities in the issuance of audit documents. In a statement on Monday, Nov. 24, Finance Secretary...
President Marcos has broken his silence on the drug allegations of his own sister against him and his family, saying the person who had them wrapped in a controversy "is not my sister." In an emotional response to queries about his sister, Senator Imee Marcos, during a press conference on Monday,...
The Marcos administration successfully borrowed above its target of ₱22 billion in the sale of short-dated Treasury bills (T-bills) on Monday, Nov. 24, despite slightly elevated borrowing costs. The Bureau of the Treasury (BTr) saw total bids reach ₱84.9 billion, nearly four times the planned...
State-run Bases Conversion and Development Authority (BCDA) is partnering with a Filipino-Indian consortium to develop the country’s first large-scale waste-to-energy (WTE) plant in New Clark City, with total investment amounting to ₱4 billion. In a statement, BCDA said it signed a lease...
The Armed Forces of the Philippines (AFP) rejected what it described as recycled and misleading accusations hurled by Cavite 4th District Rep. Francisco “Kiko” Barzaga involving an alleged “personal allowance increase” for military chief General Romeo Brawner Jr. and the supposed...
The Department of Agriculture (DA) will impose a maximum suggested retail price (MSRP) on pork, onions, and carrots starting next month to curb soaring retail costs ahead of the peak holiday season. Agriculture Secretary Francisco Tiu Laurel said on Monday, Nov. 24, that the DA is currently...
Department of Public Works and Highways (DPWH) Secretary Vince Dizon assured the public that the first arrests linked to anomalous flood control projects are just the opening salvo in a sweeping accountability drive across the agency. Dizon said more individuals involved in the irregularities will...
Vice President Sara Duterte refused to comment on whether she is ready to take over the presidency should President Marcos step down from power. “Yan muna hindi ko muna sasagutin kasi magkakagulo tayo niyan (I will not answer that for now because we will have chaos),” she told News5 during an...
House Speaker Faustino "Bojie" Dy III has amplified President Marcos ' call for those involved in the flood control projects corruption scandal to voluntarily turn themselves in and cooperate with authorities. Dy, Marcos ' party-mate over at the Partido Federal ng Pilipinas (PFP), had...
President Marcos has urged remaining individuals with warrants of arrest over flood control anomalies, including resigned lawmaker Zaldy Co, to surrender as he announced Monday, Nov. 24, that seven were already under custody. In a video message, Marcos reported that out of the 16 individuals with...
SPEAKING OUT A dramatic family feud within the country’s most powerful political dynasty burst into public view this week, as Senator Imee Marcos accused her brother, President Ferdinand “Bongbong” Marcos Jr., of illegal drug use during a major rally in Manila. The allegations, made before...
