Manila Times
Upholding Truth. Empowering the Philippines
Friday, Jun 12, 2026
The Nation's Story is Told with Honor
Philippine Peso Remains Near Record Lows as Oil Shock and Tight Financial Conditions Weigh on Currency
The Philippine peso continues to trade near historic lows against the US dollar as global energy pressures and tight financing conditions persist. Higher borrowing costs and investor caution have added pressure on government debt markets...
Philippine President Marcos Pledges 100 Million Pesos for Earthquake Recovery in General Santos and Sarangani
President Ferdinand Marcos Jr. has allocated 100 million pesos in emergency funding following his visit to earthquake-affected areas in General Santos and Sarangani province. The funds are intended to support urgent repairs to municipal ...
Philippine Authorities Detect Floating Structure at Disputed Scarborough Shoal Amid Rising Maritime Tensions
Philippine maritime authorities say they have detected a six-by-six-metre floating structure with an antenna near the entrance to Scarborough Shoal, a disputed feature in the South China Sea. The incident has prompted a formal diplomatic...
World Bank Cuts Philippine Growth Forecast to 3.7 Percent Citing Middle East Conflict and Domestic Fiscal Uncertainty
The World Bank has lowered its growth outlook for the Philippines to 3.7 percent in its June 2026 Global Economic Prospects report. It cited spillovers from Middle East instability, higher global energy prices, and ongoing domestic uncer...
Philippines Protests Chinese Sanctions on Defence Secretary Gilberto Teodoro, Warning of Strained Bilateral Relations
The Philippine Department of Foreign Affairs has lodged a strong protest after China imposed entry bans and financial restrictions on Defence Secretary Gilberto Teodoro and members of his family. Manila described the move as an unfriendl...
Death Toll from Major Southern Philippines Earthquake Climbs to 55 as Rescue Efforts Hindered by Rain and Aftershocks
Rescue operations across the southern Philippines continue under difficult conditions after a 7.8-magnitude earthquake, with the death toll rising to 55. Authorities say 31 people remain missing, while thousands have taken shelter as per...
Alas Pilipinas Exits Semifinal Race After Loss to Chinese Taipei
The Philippine women’s national volleyball team was eliminated from semifinal contention following a defeat to Chinese Taipei, bringing an end to a closely followed international tournament run.
Philippine Women’s Cricket Team Defeats Saudi Arabia by 133 Runs in Regional Tournament
The Philippines recorded a commanding 133-run victory over Saudi Arabia at the Asian Cricket Council Women’s T20 Premier Cup in Malaysia, continuing a strong campaign in the regional competition.
Metro Manila Implements Major Traffic Diversions for Independence Day Events
The Metropolitan Manila Development Authority has introduced extensive road closures and rerouting measures to accommodate Independence Day celebrations and a large-scale marathon along the EDSA corridor.
Labor Department Urges Employers to Enroll Workers in Expanded PhilHealth Program
The Department of Labor and Employment has called on businesses to register eligible employees under PhilHealth’s Yakap program as part of efforts to broaden healthcare coverage for workers.
Authorities Arrest Former Governor Chavit Singson in Cyberlibel Case
Law enforcement officials have arrested businessman and former governor Chavit Singson following a cyberlibel indictment, drawing national attention to the use of digital defamation laws in political disputes.
Tokyo Festival Marks 70 Years of Philippines-Japan Diplomatic Relations
The Philippine Expo at Ueno Park is celebrating seven decades of diplomatic ties between Japan and the Philippines, highlighting cooperation in culture, development assistance and regional security.
Philippine Stock Market Falls as Middle East Tensions Weigh on Investor Sentiment
The Philippine Stock Exchange index declined more than 0.5% to close at 5,910 as concerns over conflict involving Iran prompted investors to move away from risk assets.
Marcos Distributes 13,000 Learning Tablets to Public School Students in San Juan
President Ferdinand Marcos Jr. led the distribution of 13,000 digital learning devices to students in San Juan City while reaffirming support for education funding and teacher welfare programs.
First Gen Rejects Claims in Escalating Dispute Over Hydroelectric Assets
First Gen Corporation has pushed back against assertions from majority partners regarding a contested hydroelectric facility, highlighting a growing disagreement over the management of renewable energy assets.
SM Prime Sees Manila Bay Reclamation Projects as Key Growth Driver
Property developer SM Prime Holdings said future expansion will focus heavily on large-scale Manila Bay reclamation developments as it seeks new commercial and residential opportunities in the capital region.
Billease Injects 500 Million Pesos Into Rural Bank Expansion Strategy
Financial technology firm Billease has invested 500 million pesos into its newly acquired Rural Bank of Sta. Maria in Ilocos Sur, aiming to modernize banking systems and expand lending services for underserved communities.
Bureau of Internal Revenue Prepares Rollout of Global Minimum Tax Framework
Tax authorities are drafting regulations for the Qualified Domestic Minimum Top-Up Tax, a measure designed to align the Philippines with international corporate tax standards and increase revenue from multinational companies.
Meralco Announces June Electricity Rate Increase Amid Tight Luzon Power Supply
Manila Electric Company said residential power rates will rise by 15 centavos per kilowatt-hour in June due to higher generation costs and continuing pressure on electricity reserves across the Luzon grid.
Trade Department Reaffirms Support for Electric Vehicle Manufacturing Incentives
Trade and Industry Secretary Ma. Cristina Roque said the government will continue implementing automotive competitiveness measures and incentives for electric vehicle producers as it seeks to strengthen the Philippines’ role in the regio...
Philippines and Sweden Deepen Cooperation on Energy, Manufacturing and Digital Infrastructure
Finance Secretary Frederick Go hosted a Swedish delegation in Manila to formalize new areas of economic cooperation, with both sides seeking to expand investment in renewable energy, digital infrastructure and advanced manufacturing.
Education Officials Inspect 4,000 Earthquake-Damaged Schools Across Mindanao
Education Secretary Sonny Angara said government engineers are assessing thousands of damaged school buildings following the earthquake, warning that extensive repairs may result in prolonged class suspensions in affected communities.
Foreign Direct Investment Inflows to the Philippines Reach US$611 Million in March
Data from the Bangko Sentral ng Pilipinas showed net foreign direct investment inflows climbed to US$611 million in March, reflecting continued investor interest despite elevated global borrowing costs and economic uncertainty.
Marcos Administration Targets Completion of Nine Major Infrastructure Projects This Year
The Philippine government has accelerated construction schedules for nine flagship projects under the Build Better More program, focusing on transport and public works investments intended to improve connectivity and ease congestion in M...
Bangko Sentral Warns Banks Against Speculative Peso Trading Amid Currency Weakness
With the peso trading beyond 61 per US dollar, the Bangko Sentral ng Pilipinas has instructed financial institutions to avoid speculative use of non-deliverable foreign exchange derivatives and limit hedging activities to legitimate busi...
Philippines Accelerates Port Repairs After Earthquake Disrupts Southern Shipping Routes
The Department of Transportation has begun emergency rehabilitation work at the General Santos and Balut Island ports while rerouting shipping services to maintain humanitarian deliveries and restore logistics links in earthquake-affecte...
Philippine Energy Department Fast-Tracks Renewable Projects Worth 344 Billion Pesos
The Department of Energy has endorsed 13 large-scale renewable energy developments under its Green Lane initiative, accelerating regulatory approvals for projects valued at 344 billion pesos and supporting the country’s clean energy expa...
Former Justice Antonio Carpio Urges Formal Philippine Protest Over China's South China Sea Position
Former Senior Associate Justice Antonio Carpio has called on the Marcos administration to lodge a diplomatic protest after China’s ratification of the High Seas Treaty, arguing that Manila should formally challenge Beijing’s position reg...
Philippines Launches US$30 Billion Artificial Intelligence Infrastructure Strategy
The Department of Information and Communications Technology has unveiled a masterplan aimed at attracting US$30 billion in private investment for artificial intelligence infrastructure, including 1.5 gigawatts of data center capacity and...
Philippines and United States Advance Plans for US$10 Billion AI and Semiconductor Hub Near Clark
The Bases Conversion and Development Authority is in advanced discussions with the US State Department on the proposed Pax Silica project near Clark Freeport, a US$10 billion industrial hub intended to support artificial intelligence and...
Death Toll From Southern Philippines Earthquake Rises to 53 as Relief Effort Intensifies
Philippine authorities said at least 53 people have died after a powerful 7.8-magnitude offshore earthquake struck near Sarangani province, with President Ferdinand Marcos Jr. deploying emergency medical and infrastructure assistance as ...
More Than 3,000 Aftershocks Recorded Following Major Mindanao Earthquake
The Philippine Institute of Volcanology and Seismology said persistent seismic activity continues to complicate rescue efforts and delay the return of residents to damaged structures across affected areas.
State Deposit Insurer Plans Digital Auction of Bank Assets
The Philippine Deposit Insurance Corporation will conduct an electronic public bidding process for commercial properties from closed banks, aiming to recover funds and strengthen the deposit insurance system.
Government Speeds Up Safety Inspections of Earthquake-Damaged Schools
Engineering teams are assessing public school buildings across Mindanao to determine structural safety and prioritise reconstruction work before students return to affected campuses.
Marcos Launches Presidential Scholarship Programme for Top Students
President Ferdinand Marcos Jr. has formally introduced the Bagong Pilipinas Presidential Scholars Program, a nationwide initiative intended to support more than 200,000 university students and strengthen future leadership development.
Philippines and Japan Expand Tourism and Trade Promotion Activities
Events marking the 70th anniversary of diplomatic relations are being used to promote tourism, cultural exchanges and business opportunities, reinforcing ties between Manila and Tokyo.
Tax Filing Deadlines Extended in Earthquake-Hit Areas of Mindanao
The Bureau of Internal Revenue has suspended filing and payment requirements for taxpayers in General Santos City, Sarangani and South Cotabato to support recovery efforts following the earthquake.
Authorities Advance Prosecutions in Pharmally Procurement Case
Investigators and prosecutors are continuing legal proceedings related to pandemic-era medical supply contracts, as authorities pursue accountability over alleged irregularities in government procurement.
Philippine Airlines Launches Fare Sale to Support Tourism Growth
The flag carrier introduced discounts of up to 50% on domestic and international routes, targeting stronger passenger demand as the country's travel and hospitality sectors continue to recover.
Philippine Stock Market and Peso Recover as Oil Prices Ease
The benchmark stock index gained more than 1% and the peso strengthened against the US dollar after a temporary decline in global crude prices eased concerns over energy costs in the import-dependent economy.
Legal Experts Urge Manila to Challenge China's Interpretation of High Seas Treaty
Former Senior Associate Justice Antonio Carpio has called on the government to issue a formal diplomatic response to Beijing's position on the Biodiversity Beyond National Jurisdiction agreement, arguing that silence could weaken Manila'...
Satellite Analysis Helps Map Earthquake Damage Across Mindanao
The Philippine Space Agency is using nighttime satellite imagery to identify power outages and infrastructure damage following the earthquake, helping disaster response agencies direct aid to the hardest-hit communities.
Philippines Reaffirms Incentives for Automotive and Electric Vehicle Manufacturing
Trade Secretary Ma. Cristina Roque said the proposed automotive competitiveness programme remains a government priority, offering incentives aimed at attracting investment and strengthening the country's position in the regional electric...
EU and Philippines Expand Cooperation on Green Infrastructure Projects
New agreements with Iligan, Zamboanga and the Island Garden City of Samal will support studies for renewable energy and sustainable waste management projects, advancing environmental investment partnerships between the Philippines and th...
Treasury Raises 35.9 Billion Pesos Through Domestic Bond Sale
The Philippine government secured strong investor demand in a dual-tranche bond offering, underscoring continued appetite for sovereign debt despite a challenging global financial environment.
Tax Evasion Charges Filed Against Suspended Bamban Mayor Alice Guo
The Bureau of Internal Revenue has filed a tax evasion case worth more than one billion pesos against suspended mayor Alice Guo, escalating the government's broader crackdown on alleged illegal offshore gaming activities and financial mi...
Philippine Authorities Investigate Reported Threat Against the Senate
Law enforcement agencies are examining intelligence reports of a possible armed disruption targeting the Senate, while authorities also investigate alleged links between a former lawmaker’s security personnel and cyberattacks on the legi...
Philippines Prepares to Implement Global Minimum Corporate Tax on Multinational Companies
The Bureau of Internal Revenue is finalising rules for the Qualified Domestic Minimum Top-Up Tax, a reform intended to ensure large multinational enterprises pay the 15% global minimum tax within the Philippines.
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Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
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