The Office of the Ombudsman (OMB) has ordered the dismissal of former Albay governor Noel E. Rosal and the one-year suspension of Legazpi City Mayor Carmen Geraldine B. Rosal after they were found guilty of administrative charges involving the reassignment of several department heads in 2022. The...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. has been awarded an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards, marking him as one of the top central bank governors in world. In a statement on Monday, Aug. 26, the BSP announced that...
German financial services giant Deutsche Bank said that investment growth in the Philippines will likely remain constrained in the near term despite the upcoming easing of the central bank’s restrictive policies. In its Asia Macro Insights report published on Monday, Aug. 26, Deutsche Bank...
Biosphere reserves revolve around three main functions: conservation, economic development, and logistic support. They serve as "learning places for sustainable development," and each site seeks to promote solutions for conserving biodiversity. Apayao became the Philippines' fourth biosphere...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said Saturday, July 20, that the passage of Republic Act No. 12010 or the Anti-Financial Account Scamming Act (AFASA) will give the central bank more teeth in protecting financial consumers. AFASA is a law that will curb and combat...
The Bangko Sentral ng Pilipinas (BSP) has urged the public to be more vigilant against scams involving the use of artificial intelligence (AI) to create or manipulate fake videos and audio. In a statement on Friday, July 12, the BSP said that these AI-manipulated contents are being used to...
Despite the resignation of Cebu Governor Gwen Garcia from the Partido Demokratiko Pilipino-Lakas ng Bayan (PDP-Laban), Cebu is still "as united as it can be," Tourism Secretary Christina Frasco said. Tourism Secretary Christina Frasco (Betheena Unite) Frasco said the exit of her mother in the...
Laguna Governor Ramil Hernandez The House Speaker Martin Romualdez-led Lakas-Christian Muslim Democrats (Lakas-CMD) continues to gain strength ahead of the May 2025 mid-term elections. This, after 45 local officials joined the ranks of the...
Graft charges have been filed before the Office of the Ombudsman (OMB) against Bulacan Gov. Daniel R. Fernando, Vice-Gov. Alex Castro, other provincial officials and private individuals for alleged irregularities in the contract for the Bulacan Flood Control and River Restoration Project. The...
Twelve executives of the Bangko Sentral ng Pilipinas (BSP) were the top highest paid government officials in 2023, the Commission on Audit (COA) said In its 2023 Report on Salaries and Alloances made public last May 2, COA said that BSP Governor Governor Eli M. Semolina Jr. is now the...
FROM SOUTH KOREA TO BULACAN - Governor Daniel R. Fernando and Vice Chairman Kim Wonki of the Special Committee on Social Welfare of the Gyeonggi Provincial Party of the Democratic Party of Korea during the turnover of the two refurbished ambulances from Gyeonggi Province, South Korea to the...
BUTUAN CITY – A magnitude-4.4 earthquake rattled Davao Oriental on Tuesday afternoon, September 19. The Philippine Institute of Volcanology and Seismology (Phivolcs) recorded the tremor at 12:32 p.m. and its epicenter was 126 kilometers (kms) southeast of Governor Generoso, Davao Oriental....
