The Philippine House prosecution panel has withdrawn three of four impeachment charges against Vice President Sara Duterte, leaving allegations of unexplained wealth and financial non-disclosure at the centre of the proceedings. The decision narrows the case as investigators examine discrepancies in her financial records.
Philippine Investigators Examine ₱1.5 Billion in Alleged Undeclared Assets Linked to Sara Duterte
The National Bureau of Investigation is examining high-value properties and corporate accounts linked to Vice President Sara Duterte after financial analysts alleged that she accumulated as much as ₱1.5 billion in undeclared assets. The allegations are under scrutiny in the Senate impeachment proceedings.
Marcos Warns Alleged Chinese Funding of Philippine Politicians Threatens National Security
Philippine President Ferdinand Marcos Jr. has warned that alleged covert financial support from Chinese entities to domestic political figures poses a threat to national sovereignty. The remarks come amid worsening diplomatic tensions between Manila and Beijing, adding another dimension to their political and security disputes.
Philippine Coast Guard Drives Away Five Foreign Vessels Near Kota Island
The Philippine Coast Guard has driven away five unidentified foreign vessels operating near Kota Island in the disputed South China Sea. The encounter comes amid continuing maritime tensions as Manila seeks to protect its territorial claims and exclusive economic zone in the West Philippine Sea.
Philippine House Passes 2027 National Budget in 281-13 Vote
The Philippine House of Representatives has approved the proposed 2027 national budget by 281 votes to 13, sending the spending plan to the Senate for further scrutiny. The next stage will focus on departmental allocations, infrastructure funding and the Marcos administration's fiscal priorities.
Philippines Maintains Saudi Worker Deployments Despite Riyadh Airport Attack
The Philippine Department of Migrant Workers has ruled out a deployment ban for Filipinos travelling to Saudi Arabia despite a recent Houthi attack on Riyadh airport. Three Filipino nationals remain in intensive care following the strike, raising concerns about worker safety amid escalating regional conflict.
Philippine Energy Regulator Orders Meralco to Refund ₱2.64 Billion to Customers
The Energy Regulatory Commission has directed Manila Electric Company, known as Meralco, to return ₱2.64 billion in over-collected charges to residential and commercial customers. The refunds are expected to provide some relief to consumers facing elevated electricity costs and wider inflation pressures.
GCash Parent Completes Heavily Oversubscribed Philippine Stock Market Debut
The parent company of Philippine mobile wallet GCash has completed an initial public offering on the Philippine Stock Exchange, attracting strong demand from institutional and retail investors. The oversubscribed offering reflects investor interest in the country's expanding digital payments and financial technology market.
Philippine Billionaires Pangilinan and Ang Complete ₱2.19 Billion Meralco Share Deal
Business leaders Manuel Pangilinan and Ramon Ang have finalized a ₱2.19 billion share transaction involving Manila Electric Company. The deal consolidates corporate interests in the Philippines' largest electricity distributor and marks another significant ownership development in the country's energy sector.
Philippine Anti-Graft Court Suspends Senator Jinggoy Estrada for 90 Days
The Sandiganbayan anti-graft court has ordered the 90-day suspension of Senator Jinggoy Estrada while longstanding plunder and corruption cases remain unresolved. The ruling temporarily removes Estrada from his legislative duties as legal proceedings continue.
Radio Broadcaster Shot Dead in Albay as Philippine Police Launch Manhunt
Philippine police have launched an investigation and manhunt following the fatal shooting of a radio broadcaster in Albay province. The killing has drawn condemnation from media watchdogs and renewed concerns about violence against journalists in the Philippines.
Philippine House Approves 50-Year Franchise Renewal for Cebu Pacific
The Philippine House of Representatives has granted final legislative approval for a new 50-year operating franchise for Cebu Pacific. The renewal provides longer-term regulatory certainty for the budget airline as it pursues fleet expansion and improvements to its regional aviation operations.
Marcos Appoints Former Taguig Mayor Lino Cayetano as Presidential Communications Chief
President Ferdinand Marcos Jr. has appointed former Taguig City mayor and television director Lino Cayetano to head the Presidential Communications Office. Cayetano will oversee efforts to improve government messaging and respond to misinformation across the country's information channels.
Marcos Administration Announces New Singapore Investment in Technology and Infrastructure
The Philippine government has announced new investment commitments from Singaporean companies following bilateral discussions between President Ferdinand Marcos Jr. and Singaporean representatives. The planned investments focus on smart city infrastructure, renewable energy and digital connectivity.
Philippine Supreme Court Orders Release of Mining Executive Joseph Sy in Citizenship Case
The Philippine Supreme Court has ordered the immediate release of mining executive Joseph Sy following a legal dispute involving his citizenship status and allegations concerning fraudulent documents. The decision addresses a case that had previously attracted scrutiny from the Senate.
Philippine Developers Begin Manila Waterfront City Reclamation Project
Construction and dredging have begun on Manila Waterfront City, a multibillion-peso reclamation and urban development project in Manila Bay. The development aims to create new commercial and residential space, although environmental concerns and regulatory scrutiny remain surrounding coastal reclamation activities.
Philippines Expects ₱10 Billion in Additional Revenue from Higher Pork Import Tariffs
The Philippine Department of Agriculture expects increased tariffs on imported pork to generate approximately ₱10 billion in additional government revenue. The funds are intended to support domestic pig farmers recovering from the effects of African swine fever.
BMI Research Raises Philippine Bank Lending Growth Forecast
BMI Research has upgraded its outlook for lending growth in the Philippines, citing resilient consumer spending, easing monetary policy and sustained corporate borrowing. The revised forecast points to continued credit demand as the country's banking sector benefits from domestic economic expansion.
Philippine Exporters Secure Record Sales Commitments at China-ASEAN Expo
The Philippine Department of Trade and Industry has reported record export commitments from domestic companies participating in the China-ASEAN Expo. The results highlight continued commercial ties between the Philippines and China despite ongoing tensions over maritime and diplomatic issues.
Philippine Transport Cooperatives Fall Behind on More Than ₱5 Billion in Modernization Loans
More than ₱5 billion in government-backed loans used to purchase modernized electric jeepneys remains unpaid by Philippine transport cooperatives, according to financial regulators. The delinquencies raise concerns about the financial sustainability of the country's public utility vehicle modernization program.
Philippine Justice Secretary Orders Smuggling Investigation into Subic Freeport
Justice Secretary Jesus Crispin Remulla has identified the Subic Bay freeport zone as a major centre of suspected smuggling activity and ordered investigations into customs fraud. Authorities are also examining delays and possible irregularities involving regional flood control projects.
Philippines Investigates Two Nationals Linked to Major Drug Seizure in Laos
The Philippine Drug Enforcement Agency has opened an investigation into two Filipino nationals suspected of involvement in a large methamphetamine shipment intercepted in Laos. The case highlights concerns over cross-border