LEGAZPI CITY – The inflation rate in the Bicol Region slowed to 4.2 percent in August from 4.4 percent in July, according to a report from the Philippine Statistics Authority 5 (PSA-Bicol) on Monday.

Ray Merjilla, officer-in-charge of the PSA’s Stat…

Manila: The proportion of non-performing loans (NPLs) of banks to their total loans settled at 3.58 percent in July this year, the Bangko Sentral ng Pilipinas (BSP) said.

Data released by the BSP showed that the NPL ratio in July was slightly higher …

Manila: Oil siphoning from the sunken MTKR Terranova in Bataan province resumed over the weekend following a weeklong suspension due to inclement weather.

In a situation report, the Philippine Coast Guard (PCG) said 1,304,878 liters of oily waste hav…

TACLOBAN CITY – The recent discoveries of arms caches in Leyte and Samar provinces signal the victory of the government’s fight to end insurgency in the region, an official of the Philippine Army said on Monday.

Brig. Gen. Noel Vestuir, commander of…

Manila: Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. on Monday said the government-controlled vaccination against African swine fever (ASF) will be expanded to the Visayas and Mindanao.

‘We will cast a wider net to include La Uni…

Manila: The House appropriations committee swiftly terminated the proposed 2025 budget of the Office of the President (OP) on Monday.

It took the House panel less than 20 minutes to tackle the OP’s proposed budget for next year amounting to PHP10.5 b…

Manila: The Supreme Court en banc on Monday ordered oral arguments in January 2025 for two petitions questioning the return of unused reserve funds of the Philippine Health Insurance Corporation (PhilHealth) to the national treasury.

“The Court conso…