Philippine News

PSA: 5.4 percent in June as price hikes for food, beverages ease Inflation in June 2023 slowed to a 13-month low of 5.4 percent from 6.1 percent a month ago, as price increases for food and non-alcoholic beverages eased, the Philippine Statistics Authority (PSA) said Wednesday. This was also slower …

The Legislative Executive Development Advisory Council (LEDAC) chaired by President Ferdinand Marcos Jr. on Wednesday approved 20 bills that must be passed by the end of the year, including the Bank Deposit Secrecy measure that will allow the Central Bank to open accounts for cases involving money laundering and terrorism. …

THE Philippines and China, two countries currently embroiled in a territorial dispute, believe that the implementation of existing bilateral mechanisms and dialogue platforms will enhance the defense relations between them. This was emphasized during a meeting between Defense Secretary Gilberto Teodoro Jr. and Chinese Ambassador to the Philippines Huang Xilianwho …

  President Ferdinand Marcos Jr. warned crop production will bear the brunt of the El Niño phenomenon that may last until the first half of 2024 as the National Water Resources Board said water and power supply could also be affected, especially in Luzon where the Angat Dam water reserve …

PRES Ferdinand Marcos Jr. has approved the implementation of a new strategy to counter money laundering, terrorism financing and proliferation financing in the country. The President signed on Tuesday Executive Order (EO) 33 directing all government offices and departments to adopt the National Anti-Money Laundering, Counter-Terrorism Financing, and Counter Proliferation …

THE Department of Justice (DoJ) is eyeing at least six or seven personalities behind the cartel that hoards, controls and manipulates the price of onions and other agricultural products. Justice Secretary Jesus Crispin Remulla disclosed on Thursday that these personalities were the same names that cropped up during a Senate …

At a Glance Marcos noted the importance of taking action to address the country’s energy issues, considering the depleting Malampaya reservoir and volatile fossil fuel prices. With the petroleum and oil contracts, Marcos said the country would not be as dependent on external sources. Marcos said the joint award would facilitate …

Photo from Manila City Hall Reporters’ Association/MANILA BULLETIN Manila Mayor Honey Lacuna-Pangan ordered on Wednesday, July 5, an investigation on the alleged practice by some shopping malls in the city of charging fees for the use of their public toilets. Lacuna-Pangan directed City Administrator Bernie Ang to warn mall owners …

PARIS—Monday, July 3, was the world’s hottest day on record, exceeding an average of 17 degrees Celsius (62.6 degrees Fahrenheit) for the first time, according to initial measurements taken on Tuesday by US meteorologists. The average daily air temperature on the planet’s surface on July 3 was logged at 17.01C …

The country’s outstanding debt hit a record P14.10 trillion as of end-May 2023 from P13.91 trillion as of end-April mainly due to the weaker peso against the greenback and the borrowings incurred by the government to fund its budget deficit, the Bureau of the Treasury said Tuesday. “The level of …