Senate vows to scrap lump-sum funds in 2027 budget after SC ruling

GMA Network - Oct 25, 2026

The Senate has vowed to eliminate lump-sum funds from the 2027 national budget, Senate President Sherwin Gatchalian said Sunday, following a Supreme Court ruling declaring certain provisions of the 2024 and 2025 national budgets unconstitutional.

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12-MW waste-to-energy plant eyed in Pangasinan

Oct 28, 2026

12-MW waste-to-energy plant eyed in Pangasinan

MANILA, Philippines — North Maharlika Energy Corp. is earmarking about P3 billion to build a waste-to-energy (WTE) power plant in Pangasinan. In a document submitted to the Department of Environment and Natural Resources, the company has proposed developing a 12-megawatt (MW) facility, offering new baseload power generation that can run for 25 years. READ: DOE raises

How much of a company’s return really comes from debt?

Oct 28, 2026

How much of a company’s return really comes from debt?

MANILA, Philippines — Companies normally borrow money to finance expansion, acquisitions and other investments that can increase future earnings. By using debt instead of issuing new shares, a company can also increase return on equity (ROE). This happens because debt allows a company to invest more capital without requiring shareholders to put in more money. If

BOI logs P900-B investments

Oct 28, 2026

BOI logs P900-B investments

MANILA, Philippines — The Board of Investments (BOI) edged closer to achieving its full-year investment approval target of P1 trillion after clearing P900.06 billion worth of projects in the first nine months of the year, driven largely by domestic investors and renewable energy ventures. That investment pipeline covers 207 projects that are expected to generate 21,524

Sexual abuse suspect in Negros arrested in Nueva Ecija

Oct 28, 2026

Sexual abuse suspect in Negros arrested in Nueva Ecija

BACOLOD CITY, NEGROS OCCIDENTAL, Philippines — Operatives of the Police Regional Office Negros Island Region (PRO NIR) arrested the region’s fourth most wanted person in Nueva Ecija on Tuesday, Oct. 27, for allegedly sexually abusing his minor stepdaughter. The suspect, identified only by the alias “Sid,” 46, of Sitio Tan-ayan, Barangay Nangka, Bayawan City, was

Why has Beijing appointed a propaganda veteran to lead a border province?

Oct 28, 2026

Why has Beijing appointed a propaganda veteran to lead a border province?

Beijing has appointed veteran propaganda official Mo Gaoyi as Communist Party secretary of Yunnan province in its latest leadership reshuffle, making him a rare example this year of a provincial head with minimal local governance experience. An analyst said that the move could reflect Beijing’s efforts to broaden the talent selection criteria for some senior roles, allowing specialists to take on important generalist positions. Mo – director of the State Council Information Office (SCIO) and a...

Peso further breaches P64:$1 level

Oct 28, 2026

Peso further breaches P64:$1 level

The Philippine peso further breached the 64-to-one dollar level during intraday trading on Wednesday, hitting a new historic low.

100,000 evacuated in India as Cyclone Arnab makes landfall on southeast coast

Oct 28, 2026

100,000 evacuated in India as Cyclone Arnab makes landfall on southeast coast

Ferocious winds and torrential rain lashed India’s southeastern coast as Cyclone Arnab made landfall on Wednesday, forcing nearly 100,000 people to evacuate their homes in two states, authorities said. Arnab hit Andhra Pradesh as a “very severe cyclonic storm”, with winds of 125-135km/h (78-84 mph) and gusts reaching 150km/h, the India Meteorological Department (IMD) said. A storm surge of 1.5 to 2.5 ‌metres (5-8 feet) above normal tide is very ⁠likely to ⁠inundate low-lying areas of the state...

ICC victims ask Chamber to admit witness testimony vs Rodrigo Duterte

Oct 28, 2026

ICC victims ask Chamber to admit witness testimony vs Rodrigo Duterte

The Common Legal Representatives of Victims (CLRV) has asked the International Criminal Court (ICC) Trial Chamber III to grant the Prosecution"s request to admit the previously recorded testimonies of three witnesses in the crimes against humanity case of former President Rodrigo Duterte.

PAL’s first Airbus A330 lands at Bohol-Panglao International Airport

Oct 28, 2026

PAL’s first Airbus A330 lands at Bohol-Panglao International Airport

TAGBILARAN CITY, BOHOL, Philippines — The Bohol-Panglao International Airport (BPIA) welcomed Philippine Airlines’ (PAL) first Airbus A330 flight to Bohol on Tuesday, Oct. 27, marking a milestone in the province’s growing air connectivity and tourism development. The wide-body aircraft arrived at 6:25 a.m. on flight PR1771 from Manila, carrying 150 passengers. It received a water

SC: Employees cannot be forced to retire before age 65 without consent

Oct 28, 2026

SC: Employees cannot be forced to retire before age 65 without consent

In the case, the SC finds Colegio de San Juan de Letran in Laguna guilty of illegal dismissal

Mavy Legaspi says he’s ‘not in a good place mentally’ before ‘PBB’ hosting exit

Oct 28, 2026

Mavy Legaspi says he’s ‘not in a good place mentally’ before ‘PBB’ hosting exit

Mavy Legaspi said he was not in a good place mentally before taking a break from work, that’s why he requested a hiatus from his management before the “Pinoy Big Brother Celebrity Collab Edition 3.0” The actor-host made the statement during an ambush interview at the red carpet premiere of GMA Pictures’ satirical film “Red

PAL launches 24-hour flash sale for flights to Bangkok, Kuala Lumpur, Jakarta

Oct 28, 2026

PAL launches 24-hour flash sale for flights to Bangkok, Kuala Lumpur, Jakarta

Flag carrier Philippine Airlines (PAL) on Wednesday announced it is offering a 24-hour flash sale for flights going to three popular Southeast Asian destinations.

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