The Department of Education (DepEd) is urging the government to fully fund its mandates and programs, stressing that solving the country’s persistent literacy challenges requires financial support that matches the scope and cost of its growing responsibilities. DepEd Secretary Sonny Angara, in a...
The Philippine Army (PA) placed its disaster response units on alert as typhoon “Tino” advanced toward Eastern Visayas on Monday, Nov. 3. A total of 417 humanitarian assistance and disaster response (HADR) teams composed of 4,376 officers, enlisted personnel, Citizen Armed Force Geographical...
The country’s chief economist expressed a less optimistic outlook for third-quarter growth, noting that both domestic—including the flood control corruption scandal—and external economic conditions may have influenced the possibly dismal performance. “I am not as optimistic as I used to, or...
Suspected dried marijuana or kush valued at P1.6 million was recovered in Barangay San Piro, Balayan, Batangas on Sunday morning, Nov. 2. These were reportedly dumped in the West Philippine Sea and drifted toward Barangay San Piro. Barangay Chairman Roderick Reyes delos Reyes informed the Balayan...
Energy Development Corp. (EDC), the Lopez Group 's renewable energy arm, has maintained its top-tier financial standing, receiving the highest PRS Aaa credit rating with a Stable Outlook from Philippine Rating Services Corp. (PhilRatings) for its ₱12.5 billion in outstanding Fixed-Rate ASEAN...
State-run Philippine Amusement and Gaming Corp. (Pagcor) reported a 49 percent increase in net income for the first nine months of the year to ₱14.32 billion from ₱9.63 billion in the same period last year. In a statement on Monday, Nov. 3, Pagcor Chairman and Chief Executive Officer Alejandro...
The Department of National Defense (DND) signed a Status of Visiting Forces Agreement (SOVFA) with Canada on Sunday, Nov. 2, a landmark deal that underscored its strategic push to deepen security ties with like-minded nations in pursuit of peace, stability, and national resilience. The SOVFA,...
The Bank of the Philippine Islands (BPI) expects its card products to be ready for tokenization by next year, positioning the Ayala-led lender for the anticipated local launch of Apple Pay and Google Pay. Jose Teodoro Limcaoco, BPI president and chief executive officer (CEO), said the bank 's...
Stock market investors will focus on a data-heavy week, with trading cues centered on the release of inflation and economic growth figures and the highly anticipated listing of Maynilad Water Services Inc. shares following its massive initial public offering (IPO). However, Philstocks Financial...
The Philippine Army (PA) paid tribute to the nation’s heroes, soldiers, national artists and scientists, and former presidents during a wreath-laying and synchronized candle lighting ceremony at the Libingan ng mga Bayani (LNMB) as part of this year’s All Saints’ Day and All Souls’ Day or...
The Armed Forces of the Philippines (AFP) has executed a Multilateral Maritime Cooperative Activity (MMCA) with allied nations in the West Philippine Sea (WPS) where they trained on high-end warfighting skills like Anti-Submarine Warfare (ASW) and crucial deep-sea logistics, a move that China...
The low-pressure area east of Northeastern Mindanao has intensified into a tropical depression, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) announced on Saturday, November 1. In its latest tropical cyclone advisory issued at 5 a.m., PAGASA said the...
