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Oil crisis-driven inflation could erase savings of Philippines’ poorest households: economist
Low-income households in Metro Manila could see their savings erased even under a conservative 5 percent inflation scenario driven by the ongoing oil crisis, an economist warned. University of Asia and the Pacific (UA&P) School of Economics Dean Dr. Peter Lee U put the numbers plainly during a…
The Philippines may be nearing its final oil crisis, says economist
The Philippines may be enduring one of its final oil crises, with an economist arguing that electric vehicles and remote work are dismantling the structural vulnerability that has made every fuel shock a national emergency. University of Asia and the Pacific (UA&P) School of Economics Dean Dr.…
DENR mulls legal actions vs Navotas landfill owner
The Department of Environment and Natural Resources (DENR) is coordinating with the Office of the Solicitor General (OSG) to explore possible legal action against the operator of the Navotas Sanitary Landfill. The landfill was struck by a massive fire that began on April 10 and continues to burn…
Oil prices spiked to over $111 following UAE’s exit to OPEC, OPEC+
NEW YORK, April 28 (Reuters) – Oil prices closed up nearly 3% on Tuesday as persistent worries about supply constraints from the closed Strait of Hormuz outweighed concerns about the United Arab Emirates’ decision to leave OPEC and the wider OPEC+ group. Brent futures for June ended up $3.03 or…
‘He is free’: DOJ reports ‘difficult news’ saying Zaldy Co no longer in Czech custody
Former congressman Zaldy Co is no longer under the custody of Czech authorities, the Department of Justice (DOJ) said. “I have to share difficult news, mga kababayan. The Czech authorities have confirmed to us that Mr. Zaldy Co is no longer in their custody,” Justice Secretary Fredderick Vida said…
Around 60 nations meet to discuss fossil fuel exit as Iran war drives up prices: report
Around 60 governments, including Brazil, Germany, Canada and Nigeria, will hold the first international meeting this week to discuss phasing out fossil fuels, as the Iran war upends global oil and gas markets and sends prices soaring. The gathering of ministers and officials in Santa Marta…
Isko Moreno welcomes global media executives to Manila at historic Digital Media Asia 2026
Manila City Mayor Francisco “Isko” Moreno Domagoso welcomed hundreds of news media executives and publishers from across the Asia Pacific and around the world Tuesday morning, April 28, as the Philippine capital hosted the Digital Media Asia conference for the first time in its 18-year history.…
13 areas may experience dangerous heat index levels Tuesday — PAGASA
Several areas in the Philippines may experience high heat index levels on Tuesday, April 28, according to the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). The heat index measures how hot it feels to the human body when relative humidity is factored in with…
Mans Carpio files criminal raps vs. BSP governor, AMLC chief, lawmakers over ‘illegal’ disclosure of bank records
Lawyer Manases “Mans” Carpio, husband of Vice President Sara Duterte, formally filed a criminal complaint before the Quezon City prosecutor’s office against officials of the Bangko Sentral ng Pilipinas (BSP), Anti-Money Laundering Council (AMLC) and four members of the House of Representatives.…
Amid 41°C heat index, Isko Moreno urges Manila frontliners to hydrate, stay safe
Mayor Francisco “Isko” Moreno Domagoso on Monday, April 27, urged Manila City Government workers, especially outdoor frontliners, to take precautions against the extreme heat as the heat index in Metro Manila is projected to hit 41 degrees Celsius. Speaking at the flag-raising ceremony at Manila…
Farmers stuck with broken government tractors as DA relaxes supplier standards, says ex-Agriculture chief
Former Agriculture Secretary Leony Montemayor is raising alarm over the quality of farm machinery being distributed to Filipino farmers, saying a decision to relax supplier pre-qualification standards six to seven years ago has left farmer cooperatives with tractors that break down easily and no…
Ex-Agriculture chief sounds alarm over DA procurement system for fertilizers, seeds, and farm Inputs
Former Agriculture Secretary Leony Montemayor is calling on the Department of Agriculture (DA) to explain why participation in its procurement bidding process for fertilizers, seeds, and farm inputs appears to be limited — raising concerns that qualified suppliers may already be excluded before…
GSIS reminds members ‘Balik Ginhawa’ program still accepting applications until October 2026
The Government Service Insurance System (GSIS) is reminding its 2.7 million members and pensioners that its Balik Ginhawa loan relief program is still accepting applications until October 31, 2026, with GSIS President and CEO Jose Arnulfo “Wick” Veloso adding on Saturday, April 25, that even…
Some government agencies deducting GSIS contributions but not remitting — some cases date back to 1995
Some government agencies have been deducting contributions to the Government Service Insurance System (GSIS) from their employees’ salaries but failing to remit the money to the state pension fund, a problem that in some cases stretches back three decades, GSIS President and CEO Jose Arnulfo…
GSIS opens solar loans to over 2.7 million members, pensioners — up to ₱500K at 5% interest
The Government Service Insurance System (GSIS) is offering solar panel loans of up to ₱500,000 at a 5% annual interest rate, payable over five years, as rising electricity costs driven by the ongoing US-Iran conflict push more Filipinos to consider renewable energy alternatives. GSIS President and…