The Philippine peso has fallen to a record low of 62.9 per US dollar, marking its 26th record low this year. The depreciation comes as the Bangko Sentral ng Pilipinas reports declining international reserves, adding pressure to the country's financial outlook.
Philippine National Debt Exceeds 19 Trillion Pesos as Government Plans Further Borrowing
The Philippines' national debt has surpassed 19 trillion pesos, with the government planning to borrow another 1.7 trillion pesos next year to finance its budget deficit. The Department of Budget and Management's borrowing plans have renewed concerns about the country's growing debt burden.
International Criminal Court Rules Former Philippine President Rodrigo Duterte Fit to Stand Trial
The International Criminal Court has determined that former Philippine President Rodrigo Duterte is physically and mentally fit to stand trial over alleged crimes against humanity linked to his anti-drug campaign. The ruling clears a significant procedural hurdle for prosecutors pursuing the case.
Philippine Coast Guard Drives Chinese Research Vessel Away From Waters Near Batanes
The Philippine Coast Guard has deployed patrol vessels to challenge a Chinese research ship operating in territorial waters near the northern province of Batanes. The incident has heightened concerns over maritime security and competing territorial claims in the strategically important area.
Prosecutors Drop Bribery Allegations in Sara Duterte Impeachment Trial to Speed Up Proceedings
Prosecutors in the Senate impeachment trial of Philippine Vice President Sara Duterte have withdrawn bribery allegations to accelerate the case. Tax officials are also being called to testify about alleged undeclared wealth totalling 817 million pesos.
Philippine Online Scams Cause 121 Billion Pesos in Consumer Losses Over One Year
Cybersecurity and financial regulators in the Philippines estimate that online scams and fraudulent digital transactions cost consumers approximately 121 billion pesos over the past 12 months. The findings highlight growing risks to households as financial services increasingly move online.
Philippine Energy Department Plans New Power Auction to Reduce Electricity Costs
The Department of Energy is preparing its first mid-merit electricity generation auction to increase power supply and lower domestic electricity prices. Energy Secretary Sharon Garin says the initiative aims to address power costs that remain among the highest in Southeast Asia.
President Marcos' Public Satisfaction Rating Falls to Minus 11 Amid Cost-of-Living Pressures
A Social Weather Stations survey shows Philippine President Ferdinand Marcos Jr.'s net satisfaction rating declined to minus 11 in the third quarter. The fall reflects growing public dissatisfaction as households continue to face higher living costs.
Philippine Digital Technology Secretary Henry Aguda Resigns From Marcos Cabinet
Henry Aguda has resigned as secretary of the Philippines' Department of Information and Communications Technology, according to officials from the Office of the Ombudsman. His departure leaves a key government position vacant as the country works to expand broadband infrastructure and digital public services.
Philippine Anti-Corruption Court Keeps Former Public Works Chief in Flood Control Case
The Sandiganbayan has rejected a prosecution request to remove former Public Works Secretary Manuel Bonoan as an accused party in a corruption case involving a multibillion-peso flood control scheme. The ruling keeps Bonoan among those facing proceedings over the alleged irregularities.
Philippine Soldier Killed and 11 Others Injured in Armed Ambush in Basilan
A Philippine Army soldier has been killed and 11 people wounded after unidentified gunmen attacked a military transport truck in Basilan province. Nine other military personnel and two civilians were injured, while security forces have launched operations to pursue the attackers.
Mount Kanlaon Erupts on Philippine Island of Negros as Alert Level Two Remains in Force
Mount Kanlaon has experienced a significant explosive eruption, sending a large ash plume above the volcano on Negros Island. Philippine volcanology authorities are maintaining Alert Level Two, while local disaster agencies prepare precautionary evacuation measures.
Three Killed as Heavy Rain Triggers Landslide in Cebu City
Three people have died and another was injured after heavy rainfall triggered a landslide that struck a residential house in Cebu City. Emergency crews recovered the victims as authorities assessed the danger facing hillside communities during the monsoon season.
Malaysia Detains More Than 60 Filipino Fishermen Over Alleged Maritime Violations
Malaysian maritime authorities have detained more than 60 Filipino fishermen off Sabah on suspicion of illegal fishing across disputed maritime boundaries. Philippine diplomatic officials are coordinating consular assistance for those detained.
Philippine Police Arrest Chinese Nationals Linked to Illegal Offshore Gaming Scam Operations
Philippine law enforcement agencies have arrested several Chinese nationals suspected of involvement in illegal online scam networks previously operating in Tarlac and Pampanga. The arrests are part of continuing efforts to dismantle criminal operations linked to the country's banned offshore gaming industry.
Calabarzon Approves 45-Peso Daily Minimum Wage Increase for Private Sector Workers
The regional wage board has approved a 45-peso increase in the daily minimum wage for private sector employees across Calabarzon, one of the Philippines' main industrial regions. The adjustment is intended to provide additional income support to workers facing rising consumer prices.
Manila Water Completes East Bay Phase Two Pipelines to Strengthen Metro Manila Supply
Manila Water has completed the East Bay Phase Two transmission network, expanding infrastructure designed to deliver reliable drinking water across Metro Manila. The project aims to strengthen water supply security as the capital region faces continuing climate-related challenges.
Cagayan de Oro Approves 8.5 Billion-Peso Government Complex to Ease Traffic Congestion
The local government of Cagayan de Oro has approved an 8.5 billion-peso project to build a new city hall complex in Northern Mindanao. The development aims to decentralise government services, modernise administrative facilities and reduce congestion in the city.
Catbalogan Declared Free of Communist Insurgency by Philippine Military and Local Authorities
The Armed Forces of the Philippines and local government officials have formally declared Catbalogan City in Samar province free of communist insurgent activity. Authorities say the designation could support greater economic investment and development across the area.
Philippine Anti-Drug Agents Arrest 11 Suspects in Maguindanao del Sur Raid
The Philippine Drug Enforcement Agency and local police have arrested 11 suspects during an operation targeting a drug distribution site in Maguindanao del Sur. Officers also seized quantities of illegal drugs in the Bangsamoro Autonomous Region.
Philippine Supreme Court Confirms Trial Courts' Authority Over Deceased Depositors' Bank Funds
The Philippine Supreme Court has ruled that lower courts have jurisdiction to determine the lawful distribution of bank assets belonging to deceased depositors. The decision clarifies legal responsibilities in inheritance-related banking disputes.
Philippine Government Denies Interference in Senator Mark Villar's Move to Majority Bloc
The administration of President Ferdinand Marcos Jr. has denied involvement in Senator Mark Villar's decision to join the Senate majority. Malacañang Palace rejected allegations that the executive branch influenced the internal political realignment.
US Immigration Authorities Detain Son of Murdered Filipino Journalist Percy Lapid
United States immigration authorities have detained the son of slain Filipino radio broadcaster Percy Lapid in Los Angeles. The development adds to the difficulties facing the journalist's family following his murder.
Vatican Grants International Shrine Status to Saint Padre Pio S