Friday , 21 August 2026

Top News

SMFB posts ₱205.3-B first-half revenue

San Miguel Food and Beverage Inc. (SMFB) posted a 2% increase in first-half 2026 revenue to ₱205.3 billion, driven by continued growth in its food business despite softer consumer spending, inflation, and geopolitical disruptions that affected some export markets. Gross profit remained steady at ₱58.4 billion, while EBITDA slipped 1% to ₱38.8 billion. Operating income declined 4% to ₱28.8 billion …

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51 shipping firms adopt MARINA emissions platform

More domestic shipping operators are embracing digital tools to cut fuel consumption and reduce carbon emissions, with 51 companies nationwide now committing to adopt the Maritime Energy Demand Information and Analysis Software (MEDIAnS), the Maritime Industry Authority (MARINA) said. The latest rollout was held in Zamboanga City, where 12 shipping companies from the Zamboanga Peninsula voluntarily joined the government’s emissions …

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DBM tightens review of 2027 budget proposals

The Department of Budget and Management (DBM) has completed one of its most comprehensive reviews of agency budget proposals in recent years to ensure that the 2027 National Expenditure Program (NEP) is aligned with the Philippine Development Plan and the priorities of President Ferdinand Marcos Jr. Budget Secretary Kim Robert De Leon said the review went beyond checking the completeness …

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GSIS net income climbs 28 percent in H1

The Government Service Insurance System (GSIS) posted a 27.78% increase in net income to ₱94.75 billion in the first half of 2026, driven by stronger earnings while continuing to channel most of its spending to member benefits and claims. Gross income rose 15.03% to ₱195.38 billion from ₱169.9 billion in the same period last year. Total assets also grew to …

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Luistro: VP Sara remains liable for confidential funds

Lead House prosecutor Gerville ‘Jinky Bitrics’ Luistro on Thursday maintained that Vice President Sara Duterte remains principally accountable for the confidential funds of the Office of the Vice President (OVP) and the Department of Education (DepEd), citing government audit rules despite the expected testimonies of her former special disbursing officers (SDOs) before the Senate impeachment court. Luistro said the position …

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DPWH CamSur district engineer axed over road mishap

The Department of Public Works and Highways (DPWH) has relieved the head of its Camarines Sur 1st District Engineering Office following a road accident at an active construction site that injured three people and raised concerns over safety compliance. Public Works Secretary Vince Dizon ordered the relief of district engineer Ramon Anselmo Calagos after a preliminary assessment found the reported …

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Palace eyes raps over fake Bato arrest posts

Malacañang is weighing legal action against those responsible for spreading false claims that Senator Ronald “Bato” Dela Rosa had been arrested, warning that the government will not tolerate the deliberate circulation of fake news. Palace Press Officer Claire Castro said the Presidential Communications Office has launched an investigation after Secretary Dave Gomez ordered its anti-fake news desk to trace the …

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Solon supports push for easier solar adoption

An advocate of renewable energy in Congress has thrown his support behind President Ferdinand Marcos Jr.’s proposal to simplify the installation of rooftop solar systems, saying easier access to the technology would help households cope with high electricity costs. Abra Lone District Rep. JB Bernos welcomed the President’s appeal for the passage of the proposed Sariling Kuryente Act, which seeks …

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Lawmakers salute Eala’s historic feat

The Senate has unanimously adopted a resolution honoring Alex Eala for becoming the first Filipino to capture a Women’s Tennis Association (WTA) Tour-level singles title, with lawmakers describing her victory as a milestone for Philippine sports and a call for greater investment in athletes. The chamber approved Proposed Senate Resolution No. 554, which consolidated 36 separate resolutions commending Eala for …

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Alex Eala: Superhero with a tennis racket

Alex Eala has earned a place among the greatest Filipino sports heroes, joining the ranks of Manny Pacquiao, Efren “Bata” Reyes, Hidilyn Diaz, Carlos Yulo, EJ Obiena, and other champions who have inspired a nation through excellence and perseverance. Her historic first WTA 500 championship title in Washington, D.C., is more than a personal triumph—it is a victory shared by …

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