President Marcos Jr. Cancels COP28 Attendance to Address Hostage Situation

Manila – President Ferdinand R. Marcos Jr. has announced that he will not attend the 28th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCC) in Dubai. In a social media post, Marcos stated that he woul…

House Chair Calls for Transparency in Bicameral Deliberations on 2024 National Budget

Makati City – The chairperson of the House of Representatives appropriations committee emphasized the need for transparency in the bicameral conference committee’s deliberations on the proposed PHP5.77 trillion national budget for 2024. In the committ…

Bulgarian Professor Advocates for International Investment to Boost Economy

Manila – Todor Yalamov, Deputy Dean of the Economics Faculty at Sofia University and a professor at Soka University in Tokyo, emphasized the need for Bulgaria to invest abroad for rapid economic growth. Speaking on November 28 at a discussion on “The …

Profit-Taking and Peso Weakness Mark End of November Trading

Manila – The Philippine Stock Exchange (PSE) experienced a downturn for two consecutive trading days at the end of November, influenced by profit-taking activities, while the local currency closed weaker. The PSE index (PSEi) ended the month down by 4…

DILG Upholds Dismissal of Police Officer in Hit-and-Run Case

Manila – The Department of the Interior and Local Government (DILG) has upheld the dismissal of Lt. Col. Mark Julio Abong, a police officer involved in a hit-and-run case in Quezon City. In a 10-page decision released Wednesday night, the DILG denied …

Province-wide Land Use Assessment to Boost Agricultural Productivity

Manila – Technical experts from the Bureau of Soils and Water Management (BSWM) have initiated a comprehensive land use assessment in Ilocos Norte. This initiative aims to enhance agricultural productivity through digital innovation and assist local g…

South Korean Shipbuilder Commences Construction of Philippine Navy Corvettes

Manila – The Philippine Navy (PN) has announced that South Korean shipbuilder HD Hyundai Heavy Industries (HD HHI) has officially commenced the construction of its two missile corvettes.

According to Philippines News Agency, Benjo Negranza, Navy fla…