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BOC to draft CMO on handling, clearance of e-commerce shipments

The Bureau of Customs (BOC) is working on a draft customs memorandum order (CMO) that will address gaps and challenges in the processing and...

Binance, CICC take on digital financial crimes as National Cybercrime Hub partners

Binance, a leading blockchain ecosystem and infrastructure provider, joined the Cybercrime Investigation and Coordinating Center (CICC) in the opening of the National Cybercrime Hub...

BSP bares bank optimism over 2-year timeline

The banks are seen keeping to the growth path this year and next under a survey conducted by the Bangko Sentral ng Pilipinas (BSP)...

‘Inflation should not top 8.2% in March’

The rate at which prices change, or inflation, were to have sufficiently eased in March as to have moderated no higher than 8.2 percent,...

Business optimism soars

The sentiment of businesses soared with significant increase in the overall confidence index for the first and second quarters of the year as well...

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Aboitiz deepens Vietnam push across key sectors

The Aboitiz Group is ramping up its Vietnam expansion, leveraging investments in energy, food security, and infrastructure as economic ties between Manila and Hanoi gain momentum under a deepening bilateral partnership.

Senator Estrada claims politics behind plunder case

Senator Jose 'Jinggoy' Estrada on Monday maintained his innocence in the plunder charges filed against him, alleging that the case is part of a political effort to weaken the Senate bloc aligned with Vice President Sara Duterte. Estrada claimed he had received several offers to have the plunder and graft cases dropped if he agreed to leave the new Senate majority coalition but rejected them. Estrada said he cannot sacrifice the independence of the Senate to improve my personal circumstances. The beleaguered lawmaker framed the plunder case as an assault on the autonomy of the Senate, which “must remain free from political coercion, free from undue influence, and free from any scheme designed to weaken its constitutional role as a co-equal and independent branch of government.”

Senator Jinggoy Estrada arrested; no bail recommended

Interior Secretary Jonvic Remulla said he led the police on Monday to arrest Senator Jose 'Jinggoy' Estrada at the Senate following the issuance of an arrest warrant in a plunder case, despite objections from Senate leaders. Remulla said authorities moved swiftly to enforce the warrant to avoid a repeat of the escape of Senator Ronald 'Bato' dela Rosa. He noted that the Sandiganbayan did not recommend bail for Estrada and four co-accused. Former Public Works Secretary Manuel Bonoan has surrendered to authorities but was taken to a hospital for medical treatment, Remulla added.

Prices slash across all fuels; PH plans regional reserves with Japan’s help

The Department of Energy (DOE) confirmed this week will see broad price rollbacks, with reductions starting at P4.76 per liter for gasoline, P9.26 for diesel, and P10.86 for kerosene.

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