Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. expects President Ferdinand Marcos Jr. to reject the resignations of the economic team, arguing that the President’s dissatisfaction was not directed at the team, which he says operates very professionally. This came after the...
Pag-IBIG Fund released P30.22 billion in home loans from January to March 2025, an 8 percent increase—or more than P2 billion higher—than the P28.09 billion disbursed during the same period in 2024, officials announced Wednesday, May 21. “The strong performance of Pag-IBIG Fund in the first...
Senator Alan Peter Cayetano on Friday, May 23 lauded the signing into law of the PHIVOLCS Modernization Act of 2025 or Republic Act No. 12180 saying the newly-enacted law will help the Philippines strengthen its disaster risk management programs. “By modernizing PHIVOLCS, we are making a bold...
A 16-year-old girl was rescued after a tricycle driver attempted to force her into a love hotel in Antipolo, Rizal, early Friday morning, May 23. Barangay Mambugan officials reported that the victim hailed a tricycle along Marcos Highway at around 3 a.m. after finishing her duty as a part-time...
President Marcos’ abrupt call for the courtesy resignation of all Cabinet secretaries on Thursday, May 22, has sparked mixed reactions from key education stakeholders — with teachers’ groups warning against "political maneuvering" and demanding genuine reform. The Alliance of Concerned...
"I stand with the President." With this words, House Speaker Martin Romualdez confirmed his 100 percent backing of President Marcos ' ongoing Cabinet revamp following the mid-term elections. “The House of Representatives fully supports President Ferdinand R. Marcos Jr.’s decision to revamp...
Incoming Mamamayang Liberal (ML) Party-list Rep. Leila de Lima says that President Marcos must show his sincerity--among other things--to make his ongoing revamp of his Cabinet work. This, as the former senator recognized the wisdom behind Marcos ' decision. "I take note of the President’s...
After calling on his Cabinet secretaries to resign, President Marcos challenged them to complete all projects under their agencies on time and on budget. Speaking during the presentation of two new laws—Republic Act (RA) 12145 and RA 12180—at the Malacañan Palace on Thursday, May 22, Marcos...
Ranking congressmen have expressed support for President Marcos ' ongoing Cabinet reorganization, which the latter launched Thursday morning, May 22 with a rather surprising call for all his Cabinet secretaries to tender their courtesy resignations. House Minority Leader 4Ps Party-list Rep....
The Philippine Stock Exchange Index (PSEi) resumed its downward trek after a day’s pause as investors cashed out while waiting to see how the President will reconstitute his cabinet. The main index dropped 69.98 points or 1.10 percent to close at 6,305.37 with only the Mining sector managing...
Malacañang has declared Friday, June 6, 2025, a regular holiday throughout the country in observance of Eid 'l Adha, or the Feast of Sacrifice. Executive Secretary Lucas Bersamin signed Proclamation No. 911 by the authority of President Ferdinand "Bongbong" Marcos Jr., on May 21. Based on...
Department of Health (DOH) Secretary Teodoro “Ted” Herbosa said he has submitted his courtesy resignation to President Marcos, expressing full support for the administration’s ongoing performance review of cabinet members and government agencies. “In full support of the ongoing performance...
