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    Tax effort seen exceeding 2023 target

    The interagency Development Budget Coordination Committee (DBCC) is sanguine of revenue as percent of local output expansion, measured as the gross domestic product (GDP), exceeding this year's target and equal at least 15.7 percent of GDP.

    President Marcos appoints Businessman Francisco Tiu Laurel Jr as new agriculture chief

    Businessman Secretary Francisco Tiu Laurel Jr. was sworn-in Friday by President Ferdinand Marcos Jr. as new agriculture secretary, confident that Laurel’s affinity with the sector will help him rally farmers and fisherfolks to make the country food secure.

    BSP forecasts inflation as low as 5.1% in October

    The Bangko Sentral ng Pilipinas (BSP) forecasts inflation to have eased in October and should not top 5.9 percent or significantly lower than the headline print of 6.1 percent in September.

    NG debt eases to P14.27T in Sept on net repayments

    The total outstanding debt of the Philippine government declined in September by P80.9 billion to P14.27 trillion due mainly to net repayments of both domestic and foreign debts during the month.

    BOC under Rubio exceeded 9-month target by 2.5% to P660B

    The Bureau of Customs (BOC) exceeded its nine-month collection goal by 2.5 percent to P660.4 billion or by P16.2 billion instead of only P644.2 billion under the program, the Bureau of the Treasury under Bienvenido Y. Rubio, said.

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    Juan Ponce Enrile, key Martial Law figure and EDSA rebel, dies at 101

    Former Senate President Juan Ponce Enrile, who at 101 still served as chief legal adviser to President Ferdinand Marcos Jr., passed away on Thursday, his daughter Katrina Ponce Enrile announced. “With profound love and gratitude, my father peacefully returned to his Creator on November 13, 2025, at 4:21 p.m., surrounded by our family at home,” she said, adding that it was her father’s wish to take his final breath in their residence. JPE, as he is known, was hospitalized earlier this week, battling pneumonia. The family requested privacy as they grieve, with details of public viewing to follow. Enrile served several presidents, including the late Ferdinand Marcos Sr. and Corazon Aquino—both as Defense Secretary. The Senate expressed sorrow and, following tradition, suspended deliberation on the government’s 2026 budget following the passing of its former leader, a figure both vilified for his role during the Martial Law years and revered for EDSA People’s Power Revolution.

    MVP Group in early talks to acquire Villar’s Prime Water

    The group of businessman Manuel V. Pangilinan (MVP) confirmed it is in preliminary discussions with the Villar Group for a possible acquisition of Prime Water Infrastructure Corp., one of the country’s largest private water operators.

    MGen donates P17.3-million lighting system to Iloilo football ground

    Meralco PowerGen Corp. (MGen), through its subsidiary Panay Energy Development Corp., has funded a P17.3-million lighting system for the La Paz Football Ground in Iloilo City.

    Tino, Uwan typhoons wreck P743.8-M worth of crops

    The twin blows of tropical systems Tino and Uwan have caused an estimated ₱743.83 million in agricultural damage across several regions, according to the Department of Agriculture’s (DA) Disaster Risk Reduction and Management Operations Center.

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