The Independent Electricity Market Operator of the Philippines (IEMOP) has assured that the Wholesale Electricity Spot Market (WESM) will see stable prices even after the 2025 midterm elections.In a briefing on Tuesday, May 6, Isidro Cacho Jr., IEMOP head of trading operations stated that the...
Despite surging to ₱478.8 billion in the first quarter of 2025, the national government expects the full-year budget gap to stay within the ₱1.5 trillion target, citing expected non-tax revenues and a more balanced expenditure rollout in the coming months.Data from the Bureau of the Treasury...
The massive dredging operations in Cagayan River have stopped since 2023, Malacañang said.It added that there is also no dredging operation in the river at present.PCO Undersecretary Claire Castro (Betheena Unite)"[B]ase po sa DENR regional executive director sa Cagayan Region, itong dredging po...
Authorities seized P1,498,040 worth of shabu from a high-value female suspect and a 19-year-old man in separate buy-bust operations conducted in Malabon and Valenzuela City.The arrested drug suspects in separate buy-bust operations in Malabon and Valenzuela City (Photo from NPD)On Saturday, April 5,...
The Marcos administration posted a ₱171.4-billion budget deficit in February 2025, as the government had spent more than it earned, according to the Bureau of the Treasury (BTr).February’s deficit reversed the over ₱68-billion seasonal surplus seen in the previous month. It was also higher...
The national government posted a ₱68.4 billion surplus in January 2025 as revenues outpaced spending, according to the Bureau of the Treasury (BTr).However, the January 2025 surplus was smaller than the ₱88 billion recorded in the same month in 2024. Last year, only January, April, and...
The government’s total revenue collections for 2024 reached ₱4.419 trillion, surpassing the ₱4.270 trillion target and marking the highest revenue effort in 27 years at nearly 17 percent of the gross domestic product (GDP). The budget deficit narrowed slightly by ₱5.7...
Authorities arrested five individuals, including a high-value drug pusher, in two separate buy-bust operations in Rizal, and seized P1,230,800 worth of shabu and firearms.High-value drug pusher arrested during a buy-bust operation in Antipolo City on January 29. (Photo from Rizal PPO)In Antipolo...
With 19 affirmative votes, the Senate approved the measure seeking to grant Philippine citizenship to Chinese national Li Duan Wang. Senate Deputy Minority Leader Risa Hontiveros opposes the bill granting Philippine citizenship to Li Duan Wang. During Monday’s plenary session, January 27,...
(File photo)Are you going to travel by sea to go to the province for the New Year’s revelry? You might want to check the list of firecrackers that are not allowed to be transported in ports as released by the Philippine Ports Authority (PPA) to ensure that the traveling public will have a safe and...
ILOILO CITY – More than P1.8-million worth of suspected shabu was seized from six suspected drug pushers in buy-bust operations here during a 24-hour period.The Iloilo City Police Office conducted the operations from 5 a.m. on Nov. 4 to 5 a.m. on Nov. 5 that yielded 263 grams of shabu.SUSPECTED...
CEBU CITY – Suspected shabu amounting to P50 million was seized in buy-bust operations in the cities of Cebu and Mandaue on Tuesday night, Oct. 29.SUSPECTED shabu worth P35 million was seized from a drug pusher in a buy-bust operation in Barangay Tejero, Cebu City on Tuesday night, Oct. 29....
