The Philippine peso weakened to a record 62.90 per US dollar, losing 15 centavos in a single session as rising global oil prices and prolonged Middle East tensions increased concerns about inflation and the country's economic outlook.
Chinese Coast Guard Uses Water Cannons Against Philippine Vessel During Medical Evacuation
A Philippine Coast Guard vessel came under water cannon fire from the China Coast Guard while conducting a medical evacuation in the South China Sea, further escalating maritime tensions in waters claimed by Manila as part of its exclusive economic zone.
Philippine Stocks Slide to 5,600 Level as Peso Weakness Fuels Interest Rate Concerns
The Philippine Stock Exchange index fell sharply to the 5,600 level as investors reacted to the peso's record decline, higher oil prices and expectations of further interest rate increases by the US Federal Reserve and the Bangko Sentral ng Pilipinas.
Philippine Foreign Exchange Reserves Fall to Three-Year Low of $100 Billion
The Philippines' gross international reserves declined to $100 billion at the end of September, their lowest level in three years, reflecting government debt repayments, changes in gold valuations and central bank efforts to manage currency volatility.
Philippine Senate Ratifies Visiting Forces Agreement With France to Expand Defense Cooperation
The Philippine Senate has ratified a visiting forces agreement with France, signed in Paris in March, establishing a framework for closer military cooperation, joint activities and stronger maritime security ties between the two countries.
Marcos Reports Progress on South China Sea Code of Conduct Amid Continuing Maritime Disputes
Philippine President Ferdinand Marcos Jr. said negotiations over a South China Sea code of conduct have made progress, telling a business conference in Singapore that Manila continues to assert its position in waters it calls the West Philippine Sea.
Philippines Vows to Continue Ayungin Shoal Resupply Missions Despite Chinese Interference
Defense Secretary Gilberto Teodoro Jr. has reaffirmed that Philippine forces will maintain supply missions to troops stationed at Ayungin Shoal, despite interference from Chinese vessels, as Manila seeks to uphold its maritime claims in the West Philippine Sea.
Philippine Vice President Sara Duterte's Impeachment Trial Examines Financial Discrepancies
The Senate impeachment court heard testimony from a Bureau of Internal Revenue official on the thirty-sixth day of Sara Duterte's trial, raising questions about differences between income declarations and asset statements submitted by the vice president and her husband over 18 years.
Magnitude 6.4 Earthquake Strikes Mindanao, Prompting School and Government Office Closures
A magnitude 6.4 earthquake struck the southern Philippines, leading authorities in General Santos City and Sarangani province to suspend classes and government operations while officials assessed potential structural damage and public safety risks.
Taal Volcano Eruption Triggers Evacuations in Parts of Batangas Province
A minor eruption at Taal Volcano prompted mandatory evacuations in Agoncillo and other high-risk areas of Batangas, as authorities warned of ashfall and respiratory hazards affecting nearby communities.
Bank of America Warns Philippine Growth Could Fall to Lowest Level Since Pandemic Recovery
Bank of America analysts expect weak investment and subdued household consumption to slow Philippine economic growth to its lowest rate since the post-pandemic recovery, adding to concerns about the country's near-term economic prospects.
World Bank Warns Inflation and Weak Job Creation Could Slow Poverty Reduction in Philippines
The World Bank has cautioned that persistently high food prices and weaker employment growth could undermine poverty reduction in the Philippines, complicating efforts to ensure that economic gains translate into broader improvements in living standards.
Philippine Energy Department Warns of Higher Electricity Bills as El Niño Threatens Power Supply
The Department of Energy has warned that severe El Niño conditions could reduce hydroelectric generation and tighten electricity supplies, potentially pushing up power bills for households across the Philippines.
Philippine Senate Passes Bill to Restrict Social Media Access for Children Under 18
The Philippine Senate has approved legislation seeking to limit social media use among minors under 18, responding to concerns about online safety, youth mental health and the effects of unrestricted access to digital platforms.
Marcos' Public Satisfaction Rating Falls to Poor Category in Third-Quarter Survey
President Ferdinand Marcos Jr.'s net satisfaction rating has fallen into the poor category in a third-quarter 2026 survey by Social Weather Stations, reflecting growing public dissatisfaction amid rising living costs and broader economic pressures.
Philippines Plans 27 Billion Pesos in Microgrid Investment to Electrify Remote Communities
The Department of Energy has outlined a 27-billion-peso investment plan for localized electricity networks, aiming to provide more reliable power to over 100,000 households in remote and off-grid communities across the country's islands.
Philippine Defense Chiefs Visit Basilan After Military Convoy Ambush Injures Eight
Defense Secretary Gilberto Teodoro Jr. and senior military commanders traveled to Basilan following an ambush that injured six soldiers and two civilians, as security forces stepped up operations against armed groups in the southern Philippines.
Philippine Agriculture Department Says Rice Supplies Remain Adequate Despite El Niño Drought
The Department of Agriculture has assured the public that national rice inventories remain sufficient through the end of the year, despite crop damage and water shortages caused by prolonged El Niño conditions.
Northern Samar Town Declares State of Calamity After Drought Damages Agriculture
Local authorities in Northern Samar have declared a state of calamity in a municipality affected by severe heat and prolonged drought, allowing emergency funds to be released to support farmers facing significant agricultural losses.
Manila Water Completes East Bay Transmission Line Upgrade to Strengthen Water Supply
Manila Water has completed the second phase of its East Bay transmission line project, improving water distribution infrastructure serving Metro Manila and Rizal province as drought conditions put additional pressure on regional water resources.
Figaro Coffee Group Plans Philippine Stock Exchange Delisting With 1 Billion Peso Tender Offer
Figaro Coffee Group intends to voluntarily delist from the Philippine Stock Exchange through a planned one-billion-peso tender offer for minority shareholders, as the company reviews its long-term financing and corporate strategy.
Philippine Authorities Seize More Than 81 Million Pesos in Suspected Methamphetamine at Batangas Port
The Philippine Coast Guard and Philippine Drug Enforcement Agency confiscated suspected methamphetamine valued at over 81 million pesos during a joint operation at Batangas port, arresting four suspects in connection with the alleged drug shipment.
Three Workers Die in Sewage Treatment Facility Accident at Davao City Hotel
Three engineering employees died in an industrial accident at a hotel sewage treatment facility in Davao City, prompting authorities and labor officials to investigate the circumstances and possible workplace safety violations.
Senator Mark Villar Takes Over Philippine Senate Public Works Committee After Joining Majority
Philippine Senator Mark Villar has joined the Senate majority bloc and been elected chairman of the Public Works Committee, placing him in a key legislative position overseeing infrastructure-related matters.
Philippine Ombudsman Warns Officials Against Personal Use of Government Vehicles and Fuel
The Office of the Ombudsman has reminded public officials that using state-owned vehicles or government-funded fuel for private purposes can result in administrative penalties, reinforcing restrictions intended to prevent misuse of public resources.