The national government's debt soared to a new record high of ₱16.63 trillion at the end of the first two months of 2025, putting pressure on its capability to repay obligations. The latest Bureau of the Treasury (BTr) data released on Tuesday, April 1, showed that outstanding obligations as...
The Philippine Space Agency (PhilSA) warned about falling debris from the Long March 7A rocket launched by China on Sunday, March 30. The rocket was launched at 12:05 a.m. (Philippine Standard Time) from the Wenchang Spacecraft Launch Site in Hainan, China. PhilSA projected that debris from the...
Senator Raffy Tulfo called out the Securities and Exchange Commission (SEC) for the several lapses he observed in terms of regulating financial and lending companies' operation of their respective online lending applications (OLAs). Sen. Raffy Tulfo presides over the Subcommittee on Banks,...
Philippine Space Agency The Philippines has officially joined the prestigious Asian Try Zero-G (ATZG) 2025, with a Filipino youth experiment selected for execution aboard the International Space Station (ISS), as announced by the Philippine Space Agency (PhilSA). PhilSA said the experiment titled...
Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses. In a disclosure to the Philippine Stock Exchange, the firm said...
The Department of Agriculture (DA) is seeking up to $500 million from Japan International Cooperation Agency (JICA) to facilitate its project to reduce post-harvest losses and bolster rice production. DA Assistant Secretary and Spokesperson Arnel de Mesa said details on the proposed funding...
Zobel-led Ayala Corporation’s access to yen-denominated loans to fund growth initiatives at competitive rates has been enhanced after being assigned an inaugural foreign currency long-term issuer rating of “A-” by Japan Credit Rating Agency Ltd. (JCR). According to the report released by JCR,...
Senator Sherwin Gatchalian has called for a continued and stronger crackdown on online sexual abuse and exploitation of children (OSAEC). He said this amid the observance of National Awareness Week for the Prevention of Child Sexual Abuse and Exploitation. Gatchalian previously filed a resolution...
President Marcos has appointed retired police general Isagani Nerez as the new director general of the Philippine Drug Enforcement Agency (PDEA), Malacañang said. Retired Gen. Isagani Nerez (Photo courtesy of Pangasinan Police Provincial Office) Executive Secretary Lucas Bersamin confirmed the...
FOR MONDAY Japan's aid arm is urging more job-generating and value-adding investments in the Philippines' agriculture sector so the domestic vegetable industry can meet the country's food security needs while also tapping into a wealth of business opportunities. Takema Sakamoto, chief...
Senator Loren Legarda has filed a bill calling for the creation of the Magna Carta for Public Disaster Risk Reduction and Management (DRRM) Workers. In filing Senate Bill No. 2927, Legarda cited the importance of DRRM workers to the country and recognize their efforts in a country that has...
Japan's aid agency plans to extend additional loans and grants to the Philippines to not only sustain infrastructure development but also strengthen defenses in disputed territories in the West Philippine Sea. Japan International Cooperation Agency (JICA) Philippines chief representative Takema...