The World Bank has canceled part of the loans for the Cebu Bus Rapid Transit (BRT) while as project scope was pared down with only five months left before its financing closes. A May 8 restructuring paper seen by Manila Bulletin showed that the Washington-based multilateral lender, effective Jan....
Japan International Cooperation Agency (JICA) and the Philippine government have launched a technical cooperation project aimed at strengthening sustainable finance and climate-related transparency frameworks in the country. In a statement on Saturday, May 9, JICA Philippines said that it signed...
The International Criminal Court (ICC) said no public arrest warrants have been issued so far in relation to its investigation into the Philippines’ war on drugs, amid reports that a warrant for the arrest of Sen. Ronald “Bato” dela Rosa had already been issued. In a message to reporters, ICC...
"Huwag kang lilitaw (Don’t show yourself)." This was Senator Robinhood Padilla 's firm advice to Senator Ronald "Bato" dela Rosa on Saturday, May 9 after reports surfaced that the International Criminal Court (ICC) has already issued a warrant of arrest against the latter. "Kung ang...
LAPU-LAPU CITY, Cebu - As the conflict in the Middle East threaten supply chains, Philip Morris International (PMI) has warned that it could trigger a major surge in the illicit trade of cigarettes, which may cost Southeast Asia billions in tax revenue should governments fail to respond Rodney van...
Vice President Sara Duterte shared former President Rodrigo Roa Duterte’s (PRRD) message to supporters gathered in The Hague, saying her father urged Filipinos to pray for the country and for President Ferdinand Marcos Jr. amid the nation 's challenges. During an interview released by the...
Sharp declines in foreign exchange (forex) holdings and foreign investments drove the Philippines’ gross international reserves (GIR)—the country’s stock of foreign currencies and other reserve assets—to their lowest level in 15 months in April. GIR stood at $104.1 billion at end-April, the...
LAPU-LAPU CITY, Cebu - Philip Morris International (PMI) plans to ramp up its sustainability initiatives in the Philippines as it looks to remain resilient in its push to promote a smoke-free future amid potential disruptions. With sustainability at the core of its business operations, PMI Chief...
Despite being absent from Senate sessions since November 2025 and a pending ethics complaint, Senator Ronald "Bato" dela Rosa has managed to file two bills, including a measure that seeks to penalize foreign interference in the Philippines with life imprisonment. Dela Rosa has yet to make a...
Public debt in the Philippines moved closer to the 60-percent level at the end of the first quarter of 2026, as the government continued to ramp up borrowings while the private sector remained cautious amid risks stemming from the war in the Middle East. The latest Global Debt Monitor of the...
ZAMBOANGA CITY – The first Overseas Filipino Workers Lounge at the Zamboanga International Airport here was inaugurated on Tuesday, May 5. The lounge, the first in the Zamboanga Peninsula, aims to provide migrant workers with improved level of convenience and service and meets the standard...
ILOILO CITY – Real estate services company Colliers International said Iloilo has outpaced Cebu in office leasing in the first quarter of this year. “Outpacing Cebu meant that outside of Metro Manila, Iloilo recorded the highest number of office transactions for the first quarter of 2026,”...
