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Speaker: Big meeting on oil price shocks slated today

Lawmakers, government officials, and representatives from the big oil players are meeting today to consider ways to cushion consumers from oil price shocks, Speaker Ferdinand Martin Romualdez said Sunday. “No one is spared from the ill effects of the high cost of living due to oil price hikes. Everyone is …

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DBP remits P25B to Treasury for Maharlika Fund

The state-run Development Bank of the Philippines has remitted P25 billion to the Bureau of Treasury as its share in the initial seed capital of the country’s pioneering sovereign wealth fund. DBP President and Chief Executive Officer Michael de Jesus said the bank deposited the amount ahead of the Sept. …

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Most Filipinos back legalization of medical marijuana

Majority of Filipinos favor the legalization of marijuana for therapeutic purposes, a study conducted by independent think tank Capstone-Intel Corporation showed. In the survey conducted from August 1 to 10, 2023, 63 percent of the respondents said they were in favor of legalizing medical marijuana provided its proponents “conduct more …

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‘Alarming’: Rozul Reef stripped of its corals

The Armed Forces of the Philippines on Saturday reported massive coral harvesting in Rozul Reef in the West Philippine Sea where Chinese militia vessels were seen swarming. AFP Western Command head Vice Admiral Albert Carlos said the area was completely stripped of its corals. “The areas where there was swarming, …

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US-PH militaries eye 500 bilateral activities in 2024

The Philippines and the United States militaries are planning for at least 500 bilateral engagements in 2024, the Armed Forces of the Philippines said yesterday. The AFP and the US Indo-Pacific Command reaffirmed their commitment to strengthen ties amid tensions in the Indo-Pacific region during the annual Mutual Defense Board …

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Arroyo-led delegation hails Malaysia’s abolition of death penalty

A DELEGATION led by former president and Deputy House Speaker Gloria Macapagal Arroyo visited Kuala Lumpur, Malaysia, on September 13–14 to congratulate the Malaysian government for abolishing the death penalty. Arroyo was joined by former Switzerland president Ruth Dreifuss under the banner of the International Commission Against Death Penalty (ICDP), …

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Marcos meets Pinoy community in Singapore

President Marcos met the Filipino community in Singapore during his surprise visit at a mall there. President Marcos meets Filipinos in Singapore (BBM Vlog Screenshot)  Marcos was even mobbed while making his way out from the mall on Sunday, Sept. 17. The President arrived at Lucky Plaza Mall at around …

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Shorter wait for Bar exams results this year

The Supreme Court will cut short the waiting time for the results of the Bar exams this year. Supreme Court Associate Justice Ramon Paul Hernando, 2023 Bar chairman, announced on Sunday, the first day of the Bar examinations, that his team is eyeing the release of the results of the …

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