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P15.5 billion foreign funds help LGUs pursue biodiversity, climate change projects

The Department of Environment and Natural Resources (DENR) looks forward to mobilizing over $278 million or P15.5 billion worth of foreign-funded biodiversity and climate change projects that strengthen and make more resilient the various local government units (LGUs).

Megawide unit projects P1.8 billon from Cavite development

PH1 World Developers Inc., a unit of Megawide Construction Corp., projects generating P1.8 billion in revenue from its Trece Martires development in Cavite. 

DOTr ceding upcoming rail line O&M contracts to private sector

The Department of Transportation (DOTr) targets to roll out the bidding of the operations and maintenance (O&M) of two big-ticket railway projects in the...

Globe shuts down more child pornography sites; notes 22% rise in lewd content

Globe Telecom Inc. said it blocked a total 489,849 child pornography sites last year, a 22 percent jump from the 401,487 sites blocked in...

Philippines December balance of payments at USD642 million surplus

The Philippines’ overall balance of payments showed a surplus of USD642 million in December, up from USD612 in the same period in 2022, the Bangko Sentral ng Pilipinas said.

Just in

Strong El Niño effects seen worsening in 2027; gov’t steps up preparations

The Philippines is already experiencing a strong El Niño, but its impact could worsen in early 2027 as rainfall declines across more provinces, prompting the government to accelerate preparations for possible drought, water shortages and agricultural losses.

AMLC report cited in ill-gotten wealth charge in VP impeachment trial

A tabulation presented by the Anti-Money Laundering Council (AMLC) to the Senate, sitting as an impeachment court, showed covered and suspicious transactions involving Vice President Sara Duterte’s accounts from 2007 to 2025. The records reflected total inflows of P1.41 billion, outflows of P1.06 billion, and P1.26 billion in transactions with undetermined inflow or outflow. The report also showed inflows from China and other countries amounting to hundreds of millions of pesos involving Cale88 Foods Corp., owned by Duterte’s husband, Atty. Manases Carpio, with whom she has an absolute community of property. The AMLC report forms part of the prosecution’s evidence on alleged ill-gotten wealth, as prosecutors contend their salaries and business income are insufficient to explain their accumulated wealth.

Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks.

Group pushes urgent backing for rooftop project across ASEAN

The Asian Photovoltaic Industry Association calls for stronger regional support for rooftop solar and energy storage as core to building more resilient, flexible power systems.
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