The National Grid Corporation of the Philippines (NGCP) has won its arbitration case against the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Transmission Corporation (TransCo) regarding prepayment validity. In a disclosure to the Philippine Stock Exchange on...
A total of 264 money laundering cases had been brought before the trial courts since 2021 with 185 of them filed in 2024, the Department of Justice (DOJ) said on Monday, Feb. 24. Of the 794 persons accused in the cases, the DOJ said that six of them had been convicted of 114 counts of terrorism...
Former Senate President Franklin M. Drilon on Sunday, February 23 reiterated that the power to convene Congress for a special session rests solely with the President. Congress without a special session, cannot meet to act on the impeachment complaints against Vice President Sara Duterte,...
The Department of Justice (DOJ) on Sunday, Feb. 23, welcomed the removal of the Philippines from the “grey list” of the Financial Action Task Force (FATF), the global anti-money laundering watchdog. “The removal of the Philippines from the said list means that it has completed its...
The shear line, the northeast monsoon—locally known as "amihan"—and the easterlies are expected to bring cloudy skies with scattered rain showers to parts of Luzon and the Visayas on Sunday, Feb. 23, according to the Philippine Atmospheric, Geophysical, and Astronomical Services...
Senator Joel Villanueva hailed the Philippines' removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list” that is poised to rake in financial and economic benefits for the country. On Friday, Feb. 21 (Paris time), the FATF, a global anti-money laundering watchdog,...
Military personnel and local villagers buy rice and other products at the "Kadiwa ng Pangulo" in Camp Aguinaldo, Quezon City on Feb. 21, 2025. (Photo: AFP) The “Kadiwa ng Pangulo” (KNP), a government initiative that offers agricultural products and other basic necessities to the public at an...
PNP Chief Police General Rommel Marbil (left) and Agriculture Secretary Francisco Tiu Laurel (right) lead the ribbon-cutting ceremony for the launch of the Kadiwa store at Camp Crame (PNP photo) The Department of Agriculture (DA) has partnered with the Philippine National Police (PNP) and...
French Navy’s NH90 helicopter sits on the deck of the Aquitaine-class frigate Alsace (D656) as the BRP Jose Rizal (FF150) sails in the West Philippine Sea during the Philippines and France's maritime cooperative activity (MCA) on Feb. 21, 2025. (Photo: AFP) For the third consecutive week, the...
The Philippines is celebrating its removal from the Paris-based Financial Action Task Force (FATF) so-called "grey list.” For those unfamiliar with global finance, the FATF is an international watchdog that sets standards for combating money laundering and terrorism financing. Placement...
State-owned Development Bank of the Philippines’ (DBP) net income surged to ₱7.1-billion in 2024—its highest in the past 10 years—representing a 20 percent increase from 2023 as the bank ramped up its lending activities to key sectors in support of the Marcos, Jr. administration’s...
In the upcoming 2025 midterm elections, climate action is on the ballot, according to a recent survey conducted by the Social Weather Stations and the Stratbase ADR Institute for Strategic and International Studies. When asked about the advocacies that would make them vote for a candidate, survey...
