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The Bangko Sentral ng Pilipinas’ (BSP) decision to cap large cash transactions at P500,000 per banking day is a landmark reform that reflects the country’s push to modernize its financial system while tightening defenses against money laundering and other illicit activities.  Under this new rule, transactions exceeding the cap must pass through traceable channels such as checks, online transfers, or …

“The sea cannot be guarded by those who destroyed it.” This strong rebuke greeted China’s recent claim of establishing a “nature reserve” around Bajo de Masinloc, as both government officials and civic leaders denounced Beijing’s move as a deceptive ploy to tighten control over Philippine waters. National Security Adviser Eduardo Año minced no words, calling the claim a “direct violation …

By Tracy Cabrera Civic leader Dr. Jose Antonio Goitia came out swinging against lawmakers critical of Malacañang, accusing them of using political theatrics to mask their own failures. Goitia—chairman emeritus of Alyansa ng Bantay sa Kapayapaan at Demokrasya (ABKD), People’s Alliance for Democracy and Reforms (PADER), Liga Independencia Pilipinas (LIPI), and Filipinos Do Not Yield (FDNY) Movement—said the latest attacks …

The Land Transportation Office (LTO) has launched a full-scale probe into the alleged use of fake driver’s licenses by a group of former Department of Public Works and Highways (DPWH) engineers, now infamously tagged as the “Bulacan Group of Contractors” or BGC Boys, to gain entry into casinos. LTO Chief Assistant Secretary Vigor Mendoza II said Friday that the agency’s …

Pasig City Mayor Vico Sotto has urged the public to stay vigilant against efforts to distort the truth in the Senate’s ongoing probe into the multibillion-peso flood control scandal. Speaking at a House tri-committee hearing, Sotto cautioned against taking at face value the explosive testimonies of controversial couple Cezarah Rowena “Sarah” and Pacific “Curlee” Discaya, who linked several lawmakers and …

With the proposed Universal Social Pension still awaiting passage in Congress, Senator Loren Legarda is pushing a separate measure that seeks to grant indigent senior citizens a P1,000 monthly stipend for their maintenance medicines. Through Senate Bill No. 164, or the Monthly Maintenance Medication Support for Senior Citizens Act, Legarda said the program aims to ease the financial burden of …

President Ferdinand “Bongbong” Marcos Jr. has signed Proclamation No. 1020, officially declaring the second week of September every year as National Pensioners’ Week. The proclamation recognizes the invaluable contributions of Filipino pensioners while ensuring their welfare through stronger social protection programs. The Government Service Insurance System (GSIS) and the Social Security System (SSS) were designated as lead agencies to spearhead …

Road rage is becoming a serious and growing menace on Philippine roads. While currently covered by provisions of the Revised Penal Code, lawmakers are pushing for a comprehensive Anti-Road Rage Act to define it as a specific crime and impose stiffer penalties. The problem has grown alongside the surge in motorcycle use. In just over a decade, registrations nearly doubled …

The Department of Transportation (DOTr) has renewed its partnership with Japan’s Sumitomo Corporation for another two years to rehabilitate and maintain the Metro Rail Transit Line 3 (MRT-3). DOTr said the extension is aligned with President Ferdinand Marcos Jr.’s directive to ensure efficient and sustainable rail operations. The agreement was signed by DOTr Acting Secretary Giovanni Lopez and Sumitomo corporate …

Seven members of the Manila Police District-Drug Enforcement Unit (MPD-DEU) were sacked Friday after being accused of extortion and illegal detention of two motorcycle delivery riders in Sampaloc. Manila Mayor Isko Moreno Domagoso ordered their immediate relief, with MPD chief Brig. Gen. Arnold Abad directing the officers to report to the Personnel Holding and Accounting Unit while under investigation. “Walang …