News
World Bank backs PH efforts to strengthen community resilience
MANILA – The World Bank, through an International Bank for Reconstruction and Development loan, is providing a USD700 million to strengthen the community resilience of 18 million households in the Philippines. In a statement Friday, the World Bank said the amount is part of the USD874.35 million total project cost of the Philippines Community Resilience Project….
BOC posts PHP1-B surplus collection for July
MANILA – The Bureau of Customs (BOC) on Friday reported it has surpassed its July 2025 collection target by P1.094 billion or 1.3 percent. Based on a preliminary report, the bureau collected a total of P85.459 billion, surpassing its P84.365 billion target. The July collection is so far the highest monthly collection this year, reflecting a…
Palace: Proposed ban on online gambling needs thorough study
President Ferdinand R. Marcos Jr. will not act in haste on the growing calls to impose a total ban on online gambling, as he sees the need for a thorough study to determine the potential impact of the proposal on the country. Malacañang made the stand after some lawmakers expressed disappointment over Marcos’ alleged failure…
AFP Chief: PH to get more military equipment from India
Armed Forces of the Philippines chief Gen. Romeo Brawner Jr. (File photo courtesy of AFP) Armed Forces of the Philippines (AFP) chief Gen. Romeo Brawner Jr., said the Philippines plans to secure more military equipment from India, citing their affordability and quality. “We are in fact ordering more equipment and weapon systems from India,” Brawner said…
DSWD releases nearly 1.3M food packs in continuing relief ops
By Jose Cielito Reganit The Department of Social Welfare and Development (DSWD) has already released a total of 1,278,276 family food packs (FFPs) as it continues its relief operations for communities hit by the successive weather disturbances in July. In a statement Friday, Assistant Secretary Irene Dumlao of the DSWD’s Disaster Response Management Group (DRMG)…
Palace: PBBM opposed to ‘useless’ insertions in 2026 budget
President Ferdinand R. Marcos Jr. expects there will be no “useless” congressional insertions in the proposed 2026 national budget. Speaking to reporters, Palace Press Officer Claire Castro said the Chief Executive would not hesitate to veto the proposed budget if there are es that do not conform to the administration’s priorities. Castro said the National…
PBBM’s India trip expected to secure at least 6 deals: DFA
MANILA – At least six agreements between the Philippines and India are expected to sign at least six agreements during President Ferdinand R. Marcos Jr.’s five-day state visit to New Delhi, the Department of Foreign Affairs (DFA) said. The number of agreements the two countries will may go up, covering more priority cooperation areas, according to…
PAG-ASA: Up to 17 cyclones expected in PH till January
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said up to 17 cyclones are expected to develop or enter the Philippine Area of Responsibility (PAR) from this month until January 2026, two or three of which may happen this August. The prevailing southwest monsoon or Habagat, PAGASA said, will continue to bring rains, particularly…
Salceda: The Hague’s ‘other ruling’ affirms PH urgent call to end climate ‘injustice’
Former Albay lawmaker Joey Sarte Salceda has hailed the recent historic advisory opinion from the International Court of Justice (ICJ) in The Hague which affirms the Philippines’ previous call to the international community to act decisively on climate ‘injustice’ the vulnerable countries have long suffered. Salceda, former co-chair of the UN Green Climate Fund and UN…
BDO raises ₱115B ASEAN Sustainability Bond, 23x above target in just 4 days
BDO Unibank, Inc. (“BDO” or the “Bank”) successfully raised PHP 115 billion for its fourth Peso-denominated ASEAN Sustainability Bond issue, twenty-three times oversubscribed against the original offer of PHP 5 billion. The public offer period was set to run for two weeks, from July 9 to 22, 2025. The issuance saw robust participation from both retail…