Singapore-based DBS Bank has forecast the Philippine peso to firm to the ₱56 level against the United States (US) dollar by year-end, appreciate further to the ₱55:$1 level by the end of Ferdinand Marcos Jr.’s administration in 2028, and reach its strongest at ₱54:$1 by end-2030. Based on...
Police General Nicolas Torre III on Friday, Aug. 29, asked the public, particularly his supporters, not to feel sorry for him even after he was abruptly removed by President Marcos Jr. as the chief of the Philippine National Police (PNP). In a video posted on his Facebook page, Torre thanked those...
President Marcos has been urged to select and appoint the next director of the National Bureau of Investigation (NBI) from among the agency’s incumbent officials. The plea was aired by the NBI Retirees and Ex-Employees Association, Inc. (REXEAI) in a letter sent to the President last Aug. 28 by...
The Department of Energy (DOE) and the National Electrification Administration (NEA) have announced that Siquijor Island Power Corp. (SIPCOR) will cease operations. In a briefing, Energy Secretary Sharon Garin said the Villar-owned power supplier will be replaced by TOTALPower, Inc., which will...
As the Marcos administration intensifies its crackdown on reported anomalies in flood control projects, the Federation of Philippine Industries (FPI) stressed that both government officials and contractors should be similarly held accountable. The FPI, the umbrella organization representing local...
The Supreme Court (SC) has decided to consolidate into one case the three petitions that challenged the constitutionality of the new law that extended the term of office of Barangay and Sangguniang Kabataan (SK) officials from three to four years, and postponed to November 2026 the elections set on...
Filipinos exposing the luxurious lifestyle of children of some contractors included in President Marcos ' list was actually viewed as heeding to the chief executive 's call to help in uncovering corrupt practices. Some of the kids of contractors revealed by Marcos as the top companies...
Pag-IBIG Fund is urging occupants of its acquired properties to legitimize their tenure by purchasing the homes they currently occupy, now made more affordable through a 10 percent discount under its ongoing Acquired Assets Super Sale. Buyers may choose among three available payment options,...
The passage into law of the Konektadong Pinoy Act is seen by the World Bank as a positive development toward digital transformation in the Philippines. In an Aug. 28 implementation status and results report, the Washington-based multilateral lender said the rollout of the Philippines Second Digital...
Senator Juan Miguel "Migz" Zubiri said on Friday, Aug. 29, that lifestyle checks should cover both appointed and elected officials in the government amid investigations into anomalous flood control projects. "Dapat ang lifestyle check siguro ay dapat lahat (Lifestyle checks should probably cover...
Vice President Sara Duterte urged President Marcos to seek advice from overseas Filipino workers (OFWs) when addressing the country’s problems, stressing that Filipinos abroad are the “best consultants” on global best practices. Speaking to reporters in The Hague on Thursday, Aug. 28,...
President Marcos has condemned the shooting of a contractor in Negros Oriental, saying it must be thoroughly investigated. "Tama lang po na imbestigahan iyan para malaman natin ang puno’t dulo nila at kinukondena natin ang mga karahasan na ito – iyan ay ayon sa Pangulo (It is only right that...
