The Marcos Jr. administration fell short of its planned borrowing of up to ₱39 billion on Monday, May 11, as demand for short-dated debt papers remained weak and interest rates continued to climb following the Bangko Sentral ng Pilipinas’ (BSP) policy hike. During the latest treasury bills...
During intense deliberations that preceded the 2005 enactment of the Expanded Value Added Tax (E-VAT) Law, which also covered oil and electricity, lawmakers defended the measure as a treasury-tightening mechanism; an unpopular but calculated imposition designed to raise massive revenues so it could...
Batangas 1st district Rep. Leandro Legarda Leviste has brushed off the criminal complaint filed against him and five other executives of Solar Para sa Bayan Corporation (SPSB/SPBC), calling it “super duper hina (super duper weak)". "The only information I have is what I got from the media, and...
While insisting that the coal moratorium stays, Energy Secretary Sharon Garin indicated that the Department of Energy (DOE) is giving the country’s aging coal plants a not-so-gentle performance review—especially those that keep “calling in sick” through repeated forced outages that strain...
Prime Video announced seven Filipino Prime Original series in a star–studded event in the country. The video streaming service held the “Prime Video Presents: Philippines,” its first-ever local slate announcement in the country on April 14 at The Fifth at Rockwell in Makati. From horror,...
In a rare and deeply personal revelation, KC Concepcion recently opened up about the emotional reality of growing up as a child caught between two worlds, two families, and the constant glare of the public eye. In a candid podcast interview with Karmina Constantino, KC offered raw insight into the...
President Ferdinand Marcos Jr.’s economic team said Filipino consumers are unlikely to see meaningful relief from the suspension of excise taxes on gasoline and diesel, as any reduction in pump prices would be minimal and likely offset by prevailing market forces. This was the Cabinet-level...
The Department of Energy (DOE) threatened oil companies with legal action if they fail to implement government-mandated price rollbacks that significantly exceed industry calculations, citing powers granted under a state of national energy emergency. Energy Secretary Sharon Garin issued the...
ILOILO CITY – Department of Energy (DOE) Secretary Sharon S. Garin lauded programs of Razon-owned MORE Electric and Power Corp. (MORE Power). Garin noted that MORE Power was able to implement the expanded Lifeline Rate Subsidy Program (LRSP) designed by DOE and Energy Regulatory Commission (ERC)...
Below-target borrowings could persist due to war-shocked yields, a strategy the Marcos Jr. administration appears to have applied as it enters the second quarter of 2026, with planned domestic borrowings dropping from ₱824 billion in the first quarter to ₱784 billion. In a March 23 memorandum...
Senator Jinggoy Ejercito Estrada said on Friday, March 6, that there was "nothing malicious" with his question to Gilas Pilipinas Women 's prospect Elizabeth Jeanette Means, which resulted to a "friendly banter" with a fellow senator. Estrada was referring to Senator Francis "Kiko"...
Senator Jinggoy Estrada faced criticism online after making a comtroversial remark directed at Gilas Pilipinas Women 's prospect Elizabeth Jeanette Means during a recent Senate hearing. During the Committee on Justice and Human Rights hearing Tuesday, Estrada asked Means, “Do you have a...
