The Philippines’ debt as a share of economic output is expected to remain elevated above 60 percent of gross domestic product (GDP) this year as the government ramps up borrowings to support its response to the national energy emergency amid the prolonged war in the Middle East. Based on the...
TACLOBAN CITY – Police Col. Celerino Sacro Jr. recently revealed his plans as Leyte police chief. Sacro, who assumed the position recently, vowed to reduce criminality in the province by stepping up the campaign against wanted persons, loose firearms, illegal drugs, and illegal gambling, aligned...
The Philippine National Police (PNP) on Tuesday, May 26, ordered all regional and local units to sustain aggressive anti-criminality operations and increase boots on the ground despite a major drop in crime rates nationwide. PNP Chief, Police General Jose Melencio C. Nartatez, Jr. issued the...
Public satisfaction with President Ferdinand “Bongbong” Marcos Jr. has fallen to a new personal low, with more Filipinos expressing dissatisfaction than approval, according to the latest Social Weather Stations (SWS) survey conducted from March 24 to 31. The results of the March 2026 Social...
The Japanese government plans to help Southeast Asian countries diversify their crude oil procurement sources, in order to stabilize petrochemical supply chains amid the ongoing Middle East tensions. Faced with recent energy shocks following the effective closure of the Strait of Hormuz, Southeast...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
The Philippine National Police (PNP) has expressed support to any move to strengthen laws that will effectively address troll farms and artificial intelligence (AI)-generated deepfakes. PNP chief Gen. Jose Melencio C. Nartatez, Jr. said there is a need for laws that keep pace with emerging online...
The Philippine National Police (PNP) said it is fully aligned with what it described as law enforcement partners in enforcing the possible additional arrest warrants from the International Criminal Court (ICC). The National Bureau of Investigation (NBI) earlier said it received reports of more...
The United States (US) government’s Millennium Challenge Corp. (MCC) has earmarked a $60-million grant for the Philippines focused on the energy sector. Documents discussed during the US aid agency’s economic advisory council meeting last month, which were made public last week, showed that the...
Despite the weakening of Philippine peso, Malacañang remains confident that the Bangko Sentral ng Pilipinas (BSP) is on top of the situation. BSP Governor Eli Remolona recently stated that the Philippine peso dipping to P63.50 per US dollar would be acceptable as long as the decline is measured....
The research arm of German lender Deutsche Bank expects the Bangko Sentral ng Pilipinas (BSP) to deliver bigger interest rate hikes than previously anticipated as inflation risks intensify, while also lowering its economic growth forecasts for the Philippines amid mounting external pressures and...
