Philippines says Chinese forces harassed patrol plane near Scarborough Shoal
By Kenneth Christiane L. Basilio, Reporter
Chinese forces harassed a Philippine maritime patrol aircraft near the disputed Scarborough Shoal in the South China Sea, Manila’s...
Philippines cash remittances jumps 3.2% August
MANILA — Cash remittances rose by 3.2% in August from a year earlier to $2.98 billion, the Philippine central bank said on Wednesday.
For the...
US-based Cerberus submitted unsolicited proposal for Subic Bay airport — SBMA
Cerberus Capital Management LP has submitted an unsolicited bid to operate the Subic Bay International Airport, a Subic Bay Metropolitan Authority (SBMA) official said on Monday.
House approves P6.793-T budget bill on 2nd reading
By Kenneth Christiane L. Basilio, reporter
The House of Representatives on Friday approved on second reading the proposed P6.793-trillion national budget for 2026, boosting funding...
Davao Oriental, nearby areas announce suspension of classes, govt. work after magnitude 7.4 quake
Several areas in Mindanao announced the suspension of classes and work in government following the magnitude 7.4 (updated) earthquake that struck offshore of Manay,...
Magnitude 7.6 earthquake jolts Davao Oriental; tsunami alert raised
A magnitude 7.6 earthquake struck offshore of Davao Oriental on Friday morning, prompting a tsunami alert in the province and nearby areas, according to...
Peso slips against US dollar as Philippine central bank surprises with rate cut
The Philippine peso weakened a shade while equities slid further after the central bank unexpectedly cut interest rates on Thursday, though stock markets elsewhere...
Tropical Storm Nakri enters PAR, locally named Quedan
Tropical Cyclone Nakri entered the Philippine Area of Responsibility (PAR) on Thursday afternoon and has been locally named Tropical Storm Quedan, according to the...
BSP surprises with 25-bps rate cut to 4.75%
The Bangko Sentral ng Pilipinas (BSP) on Thursday cut its policy rate for a fourth straight meeting, bringing borrowing costs to its lowest in...
Magnitude 4.8 quake hits La Union, felt in parts of Luzon
A magnitude 4.8 earthquake struck La Union on Thursday morning and was felt in the province and nearby areas, according to the Philippine Institute...
DPWH flags 421 ‘ghost’ projects in nationwide audit
The government has found 421 “ghost” infrastructure projects across the Philippines after validating about 8,000 public works, the Department of Public Works and Highways...
Marcos signs eight petroleum service contracts worth $207 million
President Ferdinand R. Marcos, Jr. has signed eight petroleum service contracts representing a potential investment commitment of about $207 million over a seven-year exploration...