EBITDABy DIEGO C. CAGAHASTIAN The Philippine peso continues its struggle to attain a semblance of stability, falling to its historical low of 64.17 to one US dollar, then recovering somewhat to 64.025 after a couple of days. President Bongbong Marcos issued an assurance that Filipinos should not panic because the government has many options and tools in its cabinet that …
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Authorities are stepping up preparations for prolonged dry conditions as below-normal rainfall is expected across much of Luzon and other parts of the Philippines through the first four months of 2027, raising concerns over water supplies. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said during its monthly Climate Forum that rainfall in large portions of Luzon could decline …
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By Vito Barcelo Jr. The Department of Labor and Employment (DOLE) said that workers may not report for work if the heat index reaches 40 degrees Celsius, as the country braces for a potentially record-breaking El Niño that could bring prolonged drought into early next year. Labor Secretary Francis Tolentino said the measure would be included in an upcoming labor …
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Department of Public Works and Highways (DPWH) Secretary Vince Dizon has stressed the need for department heads to personally inspect ongoing infrastructure projects, saying stricter monitoring is necessary to ensure completion and hold negligent officials accountable. Dizon also criticized what he described as a lack of urgency among district engineers and some officials of agencies, saying they appeared indifferent to …
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The Metropolitan Manila Development Authority (MMDA) is allocating nearly 52% of its proposed ₱6.56-billion budget for 2027 to flood control and sewerage management as the agency steps up efforts to improve Metro Manila’s defenses against flooding. MMDA Chairperson Romando Artes presented the proposed ₱3.4-billion allocation during a Senate Committee on Finance hearing on Thursday, with funding intended for drainage improvements, …
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Abra lone district Rep. JB Bernos has urged local government units (LGUs) to partner with state universities and colleges (SUCs) to develop and manufacture electric vehicles (EVs) for public transportation, citing the need to reduce dependence on costly imported fuel. Bernos said tapping the technical expertise of state-run higher education institutions could help produce market-ready electric vehicles while opening opportunities …
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The Office of the Solicitor General (OSG) will ask the Supreme Court (SC) to review portions of its ruling on the national budgets for 2024, 2025 and 2026, arguing that Congress and the executive branch should be given room to correct budget issues within their constitutional powers. Solicitor General Darlene Marie Berberabe said the government respects the high court’s ruling …
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The Bureau of Internal Revenue (BIR) has received recognition from the Supreme Court (SC) for supporting the nationwide rollout of electronic notarization, a digital initiative designed to make document processing more convenient and efficient. The recognition highlights the BIR’s contribution to integrating electronically notarized documents into government transactions as the country advances the digitalization of public services. The SC has …
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Prices of candles and other basic necessities remain stable ahead of “Undas” despite increased seasonal demand, according to the Department of Trade and Industry (DTI). Trade Secretary Ma. Cristina Roque said the agency continues to monitor the prices and availability of goods commonly purchased for All Saints’ Day and All Souls’ Day, with no price movements reported so far. The …
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The Department of Justice (DOJ) has acknowledged a resurgence of scam hubs in the Philippines following recent law enforcement raids in Zamboanga Sibugay, Quezon City and Makati City, although their operations remain smaller than those of Philippine Offshore Gaming Operators (POGOs) dismantled in 2024. Justice Undersecretary Nicholas Felix Ty said authorities have found fewer foreign nationals and a less diverse …
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