Duterte says impeachment proceedings must be guided by the Constitution and due process, stressing that the prosecution bears the burden of proving its case Vice President Sara Duterte said the President’s opinion has “no importance” in an impeachment proceeding, maintaining that the process...
The Sandiganbayan Third Division on Monday, July 6, issued warrants of arrest and hold departure orders (HDOs) against Senator Rodante Marcoleta and three others after finding probable cause in the plunder case filed against them by the Office of the Ombudsman (OMB) During a press briefing, Third...
The Philippine Navy (PN) confirmed on Monday, July 6, that the first of its two new landing docks was already launched in Surabaya, Indonesia, bringing the service closer to adding another strategic sealift vessel to its growing fleet under the Armed Forces of the Philippines (AFP) modernization...
The Bangko Sentral ng Pilipinas (BSP) is delaying the selection of four new digital banking players as it seeks to reconcile conflicting regulatory tracks for different types of applicants. While the market anticipated the entry of the new digital lenders as early as the first quarter, BSP Governor...
The Philippine Stock Exchange (PSE) expects total capital raised on the bourse to surpass ₱200 billion this year, driven by the wave of large-scale corporate offerings led by fintech giant Mynt, the parent company of mobile wallet GCash. Ramon S. Monzon, PSE president and chief executive officer,...
Underwriters managing the planned ₱92.3 billion initial public offering (IPO) of Mynt Inc., the operator of the mobile wallet GCash, are in discussions with regulators to reduce or eliminate a mandatory 20 percent share allocation for local trading participants. The push to modify the rule comes...
Police General Jose Melencio C. Nartatez Jr., chief of the Philippine National Police (PNP), on Sunday, July 5, directed the initiation of dismissal proceedings against a police officer accused of taking part in the robbery and killing of a fellow policeman in Zamboanga del Sur. Nartatez issued the...
Philippine Sports Commission (PSC) Chairman Patrick C. Gregorio has unveiled a bold proposal to establish the country’s first Sports University under the University of the Philippines (UP) system, a pioneering initiative that seeks to transform Philippine sports from a pastime into a national...
As the country approaches the 10th anniversary of its landmark arbitration victory against China, an independent think tank called on the national government to prioritize the modernization of the Armed Forces of the Philippines (AFP) to better counter evolving threats in the West Philippine Sea...
Lloyd Go heads to the ICTSI Pradera Verde Championship riding the confidence of a dominant victory, but the Cebuano ace knows an even bigger prize is at stake than another trophy. Fresh from a commanding triumph at the Pinewoods Challenge, Go is determined to build on his recent form to strengthen...
A team of researchers from Taiwan and the Philippines has discovered four previously unknown fault zones beneath the sea off western Luzon that appear to branch from the Philippine Fault Zone. The findings were published in the Journal of Asian Earth Sciences and shared by the University of the...
Outgoing Armed Forces of the Philippines (AFP) Chief of Staff, General Romeo S. Brawner Jr. said the Philippine Military Academy (PMA) was able to eliminate hazing because cadets, trainers, and military leaders worked together to change a long-standing culture inside the country 's premier...