The Philippine Coast Guard has increased patrols in response to unauthorised Chinese survey vessels, as President Ferdinand Marcos Jr.'s administration warns that further maritime confrontations could undermine ongoing negotiations between China and Southeast Asian nations over a South China Sea Code of Conduct.
Philippine Vice President Sara Duterte Faces Undeclared Wealth Allegations in Impeachment Proceedings
Financial experts have presented testimony alleging that Philippine Vice President Sara Duterte failed to disclose hundreds of millions of pesos in official asset declarations, intensifying political divisions and prompting public demonstrations as impeachment proceedings continue.
World Bank Forecasts 2.7% Decline in Philippine Investment Amid Infrastructure Delays
The World Bank expects gross fixed-capital investment in the Philippines to contract by 2.7% in 2026, citing slower infrastructure implementation, tighter project assessments and elevated borrowing costs that are weighing on private investment.
World Bank Projects Philippine Government Debt Will Reach 65% of GDP in 2026
The World Bank forecasts that Philippine government debt will rise to 65% of gross domestic product by the end of 2026, reflecting increased public spending and higher financing costs associated with the country's infrastructure development programme.
Mount Kanlaon Erupts in Central Philippines, Prompting Evacuations on Negros Island
The Philippine Institute of Volcanology and Seismology has raised alert levels following a steam-driven explosion at Mount Kanlaon, prompting local authorities to evacuate communities threatened by volcanic ashfall.
Severe Drought Disrupts Mindanao Agriculture and Hydroelectric Power Generation
Prolonged El Niño-related dry conditions have damaged agricultural production and depleted hydroelectric reservoirs across Mindanao, forcing some power facilities to suspend operations as the government deploys emergency fuel assistance and solar-powered irrigation systems.
Philippine Airlines Suspends Riyadh Flights After Attack Injures Two Filipinos
Philippine Airlines has suspended flights to Riyadh indefinitely following a violent incident in the Saudi capital that injured two Filipino nationals, raising concerns about the safety of overseas Filipino workers amid escalating Middle Eastern tensions.
Philippine Energy Regulator Approves Meralco Rate Increase After 15-Year Delay
The Energy Regulatory Commission has authorised a long-pending electricity rate adjustment for Manila Electric Company, potentially increasing household energy bills and operating expenses for businesses across Metro Manila and neighbouring industrial provinces.
Philippine Senate Approves Reintegration Support Bill for Returning Overseas Workers
The Philippine Senate has passed legislation establishing financial literacy assistance, capital grants and employment retraining programmes for returning overseas Filipino workers, seeking to improve their access to jobs and business opportunities at home.
Philippine Outsourcing Industry Targets $40 Billion Revenue Through AI Integration
The Information Technology and Business Process Association of the Philippines is accelerating the adoption of artificial intelligence, cloud services and virtual assistants, aiming to push industry revenue beyond $40 billion by the end of 2026 while maintaining international competitiveness.
President Marcos Considers Social Media Restrictions for Filipino Minors
Philippine President Ferdinand Marcos Jr. has confirmed that his administration is examining possible restrictions on social media access for minors, citing concerns about digital addiction and the psychological effects of online platforms on young people.
President Marcos Appoints Lino Cayetano to Lead Philippine Communications Office
Philippine President Ferdinand Marcos Jr. has appointed former mayor Lino Cayetano as head of the Presidential Communications Office, seeking to improve government communication on economic reforms and national security ahead of the upcoming midterm elections.
Philippine Automakers Face Growing Competition From Lower-Cost Chinese Electric Vehicles
Car dealers and established automotive manufacturers in the Philippines are reporting pressure on market share as competitively priced Chinese electric vehicles gain ground, accelerating electric vehicle adoption while challenging the profitability of traditional industry players.
Philippine Police Tighten Maritime and Airport Security Against International Drug Trafficking
The Philippine National Police has strengthened security measures at maritime and aviation entry points following a major narcotics seizure in Laos, seeking to prevent international criminal networks from using the country as a drug distribution hub.
Philippine Transport Department Reviews Baguio Cable Car and Manila Bus Service Proposals
Transport Secretary Jaime Bautista has ordered a review of proposed transport improvements, including a cable car system in Baguio City and special bus permits along Metro Manila's Light Rail Transit Line 2 corridor, as authorities seek ways to ease urban congestion.
Philippine National Bank Plans Bond Issuance in Early 2027 to Finance Expansion
Philippine National Bank is preparing a bond sale early next year to raise funding for business lending and digital banking upgrades, supporting its plans to expand financial services for corporate and retail customers.
Aboitiz InfraCapital Reaffirms Plans to Modernise Bohol-Panglao International Airport
Philippine infrastructure company Aboitiz InfraCapital has reiterated its commitment to upgrading Bohol-Panglao International Airport, aiming to accommodate growing international passenger traffic and support tourism development in the Central Visayas region.
Philippine Science Department Launches Programme to Help Regional Technology Startups Expand
The Department of Science and Technology has introduced an initiative in the MIMAROPA region connecting local technology developers with private manufacturers, with a focus on commercialising agricultural innovations and reducing production costs for rural communities.
Globe Business Urges Philippine Companies to Strengthen Cybersecurity and Cloud Infrastructure
Globe Telecom's business division has launched a nationwide campaign encouraging companies to adopt integrated cybersecurity and cloud services, warning that outdated digital systems leave businesses increasingly exposed to sophisticated cyberattacks.
Series of Minor Earthquakes Hits Luzon and Mindanao Without Major Damage
Philippine seismologists recorded dozens of minor earthquakes across Luzon and Mindanao over a 12-hour period, prompting local authorities to reinforce disaster preparedness advice despite no reports of significant structural damage.