News Articles

Bank lending up, domestic liquidity slows in Feb

Bank lending up, domestic liquidity slows in Feb

April 12, 2024, 10:48 am

MANILA – Bank lending of universal and commercial banks (U/KBs) grew at a faster pace in February this year while domestic liquidity growth slowed. Data released by the Bangko Sentral ng Pilipinas (BSP) released late Thursday showed that banks' outstanding loans, excluding those placed in the… Read More

Trilateral meet to capacitate PH with credible defense posture in WPS

Trilateral meet to capacitate PH with credible defense posture in WPS

April 12, 2024, 10:47 am Updated on April 12, 2024, 11:26 am

MANILA – House of Representatives Speaker Martin Romualdez on Friday expressed hope that the historic trilateral summit of President Ferdinand R. Marcos Jr., United States President Joe Biden, and Japanese Prime Minister Fumio Kishida would help accelerate the modernization program of the Armed… Read More

PH, Japan agree to hold 2+2 foreign, defense meeting in 2024: DFA

PH, Japan agree to hold 2+2 foreign, defense meeting in 2024: DFA

April 12, 2024, 10:43 am

MANILA – The Philippines and Japan will convene a '2+2' ministerial meeting this year to build on their rapidly growing economic and defense cooperation. The announcement was made during the meeting of Foreign Affairs Secretary Enrique Manalo and Japanese Foreign Minister Yoko Kamikawa on the… Read More

Marcos, Biden vow to enhance PH-US economic, security ties

Marcos, Biden vow to enhance PH-US economic, security ties

April 12, 2024, 10:18 am

MANILA – President Ferdinand R. Marcos Jr. and United States President Joe Biden on Friday (Manila time) agreed to further strengthen the economic and security partnerships between Manila and Washington DC. The commitment was made during the two leaders’ bilateral meeting at the White House… Read More

Progress in US firm’s nuclear energy investment in PH elates PBBM

Progress in US firm’s nuclear energy investment in PH elates PBBM

April 12, 2024, 9:23 am

MANILA – President Ferdinand R. Marcos Jr. on Friday (Manila time) hailed the developments in the planned nuclear energy investment of Washington-based Ultra Safe Nuclear Corp. (USNC) in the Philippines. Marcos met with USNC’s top executives, led by its chief executive officer Francesco… Read More

PH, US, Japan forge trilateral alliance to protect Indo-Pacific

PH, US, Japan forge trilateral alliance to protect Indo-Pacific

April 12, 2024, 9:17 am Updated on April 12, 2024, 1:32 pm

MANILA – The Philippines has forged a “stronger” trilateral cooperation with the United States (US) and Japan aimed to protect the Indo-Pacific region to secure “a better future for all,” Malacañang announced Friday (Manila time). The forging of the historic trilateral alliance was a… Read More

Dangerous heat index forecast in 6 areas

Dangerous heat index forecast in 6 areas

April 12, 2024, 6:43 am

MANILA – The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) warned of dangerous heat index levels in six areas across the country on Friday. Based on the weather bureau’s 5 p.m. forecast on Thursday, the following areas may have a heat index ranging from… Read More

US, Japan to unveil Luzon investment connecting 4 major PH biz hubs

US, Japan to unveil Luzon investment connecting 4 major PH biz hubs

April 11, 2024, 11:00 pm

MANILA – The United States, Japan, and the Philippines are set to unveil the Partnership for Global Infrastructure and Investment (PGII) Luzon Corridor that will usher in new infrastructure projects to connect Subic Bay, Clark, Manila, and Batangas. The PGII, founded by the G7 countries, aims to… Read More

Iloilo City implements selective immunization vs. spread of pertussis

Iloilo City implements selective immunization vs. spread of pertussis

April 11, 2024, 10:24 pm

ILOILO CITY – The city health office (CHO) has vaccinated 1,200 children here as the outbreak response immunization (ORI) continues to stop the possible spread of pertussis, commonly known as whooping cough. “Currently, we conduct selective immunization because of the scarcity of vaccines. We… Read More

LGUs urged to open electronic biz one-stop shops to boost economy

LGUs urged to open electronic biz one-stop shops to boost economy

April 11, 2024, 9:47 pm

LEGAZPI CITY – The Anti-Red Tape Authority (ARTA) is encouraging all local government units (LGUs) in the Bicol region to open an electronic business one-stop shop (eBOSS), not just to comply with the law but mainly to boost their local economy. ARTA Secretary Ernesto Perez said Thursday such a… Read More

DA-Cordillera reports P444.94-M agri damage due to El Niño

DA-Cordillera reports P444.94-M agri damage due to El Niño

April 11, 2024, 9:30 pm

BAGUIO CITY – About PHP444.94 million worth of agricultural damage has been recorded in the Cordillera region as of March 22 due to the dry spell, a report from the regional office of the Department of Agriculture (DA) showed on Thursday. DA-Cordillera Director Jennilyn Dawayan, in a report,… Read More

Reduction in Manila Water's allocation deferred amid good supply

Reduction in Manila Water's allocation deferred amid good supply

April 11, 2024, 9:29 pm

ANTIPOLO CITY – The reduction of Manila Water’s allocation by the National Water Resources Board (NWRB), which was originally scheduled on April 16, is being put off until May 1 amid better-than-expected water supply in reservoirs despite the El Niño dry spell. Raymond Maymay, corporate… Read More

LTFRB finds ‘technicalities’ in Francisco request for special permits

LTFRB finds ‘technicalities’ in Francisco request for special permits

April 11, 2024, 9:20 pm

MANILA – The Land Transportation Franchising and Regulatory Board (LTFRB) said Thursday they have reviewed the request of Francisco Motors for the implementation of its TsuperHero pilot program and found several technical factors that must be addressed before special permits are granted. The… Read More

UST opens campus in General Santos City

UST opens campus in General Santos City

April 11, 2024, 9:08 pm

MANILA – The University of Santo Tomas (UST), whose main campus is located here, on Thursday formally inaugurated its 82-hectare General Santos City campus, representing a major expansion for the school whose history spans over four centuries. In his speech, UST Rector Fr. Richard Ang, O.P.,… Read More

MMDA nabs DILG chief’s relative for ‘colorum’ operation violation

MMDA nabs DILG chief’s relative for ‘colorum’ operation violation

April 11, 2024, 8:56 pm

MANILA – The Metropolitan Manila Development Authority (MMDA) said Thursday that a relative of Department of the Interior and Local Government (DILG) Secretary Benhur Abalos was arrested for “colorum” (illegal public transport) operation violation. In a news release, MMDA Assistant General… Read More

Bulacan asks SC to reconsider October ruling on Angat dam water tax

Bulacan asks SC to reconsider October ruling on Angat dam water tax

April 11, 2024, 8:45 pm

MANILA – The Bulacan provincial government on Thursday filed an appeal before the Supreme Court asking the tribunal to take a second look at its earlier ruling that precluded water from the Angat Dam as a natural resource subject to taxes, including a share for the province. "We most humbly and… Read More

P1.3-M shabu seized from lady drug peddler in Gen. Santos City

P1.3-M shabu seized from lady drug peddler in Gen. Santos City

April 11, 2024, 8:38 pm

KORONADAL CITY – Police authorities in General Santos City arrested a suspected female drug peddler and seized from her more than PHP1.3 million worth of “shabu,” an official said Thursday. In a report, Brig. Gen. Percival Augustus Placer, regional police director for the Soccsksargen… Read More

PNP-AFP-PCG cooperation pact to step up nat'l security efforts

PNP-AFP-PCG cooperation pact to step up nat'l security efforts

April 11, 2024, 8:25 pm

CALAMBA CITY, Laguna – A legal framework has been established to pave the way for enhanced collaboration between the Philippine National Police (PNP), Armed Forces of the Philippines (AFP) and Philippine Coast Guard (PCG) in this province on matters related to national security and crime… Read More

DA gives P2.9-M farm tractor, introduces hydroponics in Bukidnon

DA gives P2.9-M farm tractor, introduces hydroponics in Bukidnon

April 11, 2024, 7:50 pm

CAGAYAN DE ORO CITY – The Department of Agriculture in Northern Mindanao (DA-10) extended a PHP2.9 million farm tractor and introduced hydroponics agriculture to farmers in Bukidnon province. During a ceremony on Thursday, the DA-10 turned over the farm tractor to the Palabucan Farmers… Read More

Elite Spikers, Griffins hope to end slump

Elite Spikers, Griffins hope to end slump

April 11, 2024, 7:40 pm

MANILA – Richmarc Sports 3B and VNS-Nasty will try to end their respective slump when they clash in the 2024 Spikers’ Turf Open Conference at the Ynares Sports Arena in Pasig on Friday. The Elite Spikers and the Griffins square off at 4 p.m. Kernel Ipulan and Kurl Rosete will lead Richmarc… Read More