CAMP OLIVAS, Pampanga – Police Brig. Gen. Ponce Rogelio Peñones Jr. assumed the top post of Police Regional Office-Central Luzon (PRO-3) in a ceremonial turnover of command here Monday, replacing Police Brig. Gen. Jean Fajardo. In his inaugural address, Peñones laid down his leadership thrust,...
A dovish Bangko Sentral ng Pilipinas (BSP) may be constrained by skyrocketing global oil prices, which would further weaken the peso and could force a pause from further interest rate cuts, foreign banks said. In a June 23 report, MUFG Global Markets Research said that if world oil prices rise...
Once a military general who pursued rebels in Mindanao with a gun, Presidential Peace Adviser Carlito Galvez Jr. is now on a different mission, convincing insurgents to lay down their arms and return to mainstream society using the power of words. Galvez – who heads the Office of the...
CAMP MARCELO A. ADDURU, Tuguegarao City, Cagayan – Police Brig. Gen. Antonio P. Marallag Jr. remains Police Regional Office-2 after the turnover of command ceremony on Saturday, June 21, was cancelled by the Philippine National Police (PNP) national headquarters. Marallag was set to turn over...
President Ferdinand R. Marcos Jr. reaffirmed the Philippines’ strengthening tourism and connectivity with Japan during his visit to the Philippine Pavilion at the World Expo 2025 in Osaka on Friday, June 20. The Department of Tourism (DOT) reported that the pavilion had recorded 374,835 visitors...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. warned that rising global oil prices and the peso’s depreciation streak could push inflation above five percent, a level last seen nearly two years ago. “We do scenario analysis today [Friday] in which we focus on particular risks....
While the Bangko Sentral ng Pilipinas (BSP) sees no need just yet to defend the Philippine peso amid global oil price risks, the plunging local currency may push monetary authorities into more cautious policy easing moving forward, economists said. Japanese financial giant MUFG Bank Ltd. said that...
2024 Entrepreneur of the Year—Philippines Jacinto Ng Jr. continues to champion affordable and inclusive housing through the leadership of the Joy Nostalg Group. As the company’s Group Executive Officer, Ng has pledged the construction of more than 35,000 homes over the next two years—a...
The peso dropped to the ₱57 level against the United States (US) dollar on Thursday morning, June 19, ahead of the expected Bangko Sentral ng Pilipinas (BSP) interest rate cut later in the day. According to the Bankers Association of the Philippines (BAP), the local currency opened at ₱57.1,...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said the government’s main tax agency’s ₱18 billion proposal for 2026 covers plans to build a tax-focused contact center and office space expansion to accommodate more taxpayers and reduce queues. “We want to improve our...
Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. confirmed that the agency’s current collection target of ₱3.2 trillion may be revised due to the country’s slower-than-expected gross domestic product (GDP) growth. “If you follow the GDP growth, there should be a recalibration...
Richest Filipino Manuel B. Villar, founder and Chairman of Vista Land & Lifescapes Inc. and several more publicly-listed companies, released a photo showing him in good health as a response to fake news that he had suffered a heart attack and had passed away in Singapore. The photo, taken inside...
