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Philippine News for Filipinos

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Banks’ bad loan ratio eases to 3-month low

Published: May 18, 2025 18:11

MANILA, Philippines – Bad loans held by Philippine banks declined to a three-month low in March, as the ongoing interest rate-cutting cycle of the Bangko Sentral ng Pilipinas (BSP) helped ease the debt service burden of many borrowers. Latest data from the…

BIZ BUZZ: Arta sues 117 delinquent LGUs

Published: May 18, 2025 18:10

MANILA, Philippines – In a move that’s shaking local government units (LGUs) like a surprise audit, the Anti-Red Tape Authority (Arta) is bringing down the hammer, filing formal charges against 117 LGUs for ghosting their digital transformation homework.…

Megaworld eyes 8 new projects in 2025

Published: May 18, 2025 18:09

MANILA, Philippines – Megaworld Corp. will launch up to eight new residential projects this year. The developer is still banking on strong demand outside Metro Manila to drive growth. Andy dela Cruz on Friday said only one of their pipeline projects would…

SPNEC logs P 12.39-M net loss in Q1 2025

Published: May 18, 2025 18:08

MANILA, Philippines – SP New Energy Corp. (SPNEC) had a rough start to 2025, with the group posting a net loss in the first three months. SPNEC is a subsidiary of Meralco PowerGen Corp. (MGen). In a disclosure, the company said its losses hit P12.39…

First Gen expects 8th LNG delivery this month

Published: May 18, 2025 18:06

MANILA, Philippines – First Gen Corp. expects to receive its eighth cargo of liquefied natural gas (LNG) this May. In addition, there are up to three more deliveries seen within this year. Francis Giles Puno, the company’s president and chief operating…

Empowering future innovators

Published: May 18, 2025 18:04

(First of two parts) Preparing students for the demands of an increasingly digital economy is a responsibility shared across sectors. Through the Academic Innovation Challenge (AIC), R.G. Manabat & Co. (KPMG in the Philippines) aims to contribute to this…

Cost of new aircraft seen to soar as US tariffs sting

Published: May 18, 2025 18:03

MANILA, Philippines – Airlines might pay more for their aircraft orders as the US-sanctioned tariffs inflate the costs, according to the Association of Asia Pacific Airlines (AAPA), noting that the lingering supply chain constraints would also delay jet…

PSE upgrades capital-raising goal to P170B

Published: May 18, 2025 18:02

MANILA, Philippines – The Philippine Stock Exchange (PSE) has upgraded its capital raising target for the year by 42 percent after seeing an encouraging first quarter, expecting a “very successful year” for the bourse despite volatile market conditions. As…

PBA: Rain or Shine halts Magnolia's unbeaten run

Published: May 18, 2025 14:26

MONTALBAN, Rizal—Rain or Shine dealt Magnolia its first defeat in the PBA Philippine Cup with a convincing showing that led to a 119-105 victory on Sunday at Ynares Center II here. Santi Santillan produced 17 points and 13 rebounds while Adrian Nocum…

Pope meets Zelensky, recalls 'martyred Ukraine'

Published: May 18, 2025 13:45

VATICAN CITY, Holy See – Pope Leo XIV held his first private audience as Catholic leader on Sunday with Ukrainian President Volodymyr Zelensky, after highlighting the hopes for peace for a “martyred Ukraine”. Zelensky attended the inauguration mass on…

PBA: San Miguel Beer whips Terrafirma for third spot

Published: May 18, 2025 11:32

MONTALBAN—Rodney Brondial produced a rare double-double as San Miguel Beer crushed Terrafirma, 128-89, on Sunday in the PBA Philippine Cup before a packed crowd at Ynares Center II here. Brondial finished with 16 points and 22 rebounds that enabled him to…

DepEd: No Grade 13 for senior high school

Published: May 18, 2025 10:35

MANILA, Philippines — A Facebook post “announcing” that there will be an additional Grade 13 in senior high school for school year 2025–2026 is false, according to the Department of Education (DepEd). The clarification was made by DepEd in a Viber message…

Carl Tamayo celebrates latest title of young career

Published: May 18, 2025 09:36

MANILA, Philippines—Carl Tamayo continued his winning ways on Saturday, adding a Korean Basketball League (KBL) championship to his growing list of accomplishments in his young basketball career. The KBL title was Tamayo’s second overseas after winning his…

Lito Dante gets WBF title shot in the U.S.

Published: May 18, 2025 09:20

CEBU CITY, Philippines — Former World Boxing Foundation (WBF) international minimumweight champion Lito “Naruto” Dante is aiming to revive his career with a regional title shot in the United States. He’s set to face rising prospect Terry Washington on June…

De Lima hits Sara Duterte over impeachment trial 'bloodbath' remark

Published: May 18, 2025 09:13

MANILA, Philippines — Former senator Leila de Lima on Sunday criticized Vice President Sara Duterte for  saying that she wants a “bloodbath” in her looming impeachment trial. De Lima was invited to be part of the panel of prosecutors in the impeachment…

UAAP: Leo Ordiales shows wares in NU title win

Published: May 18, 2025 08:12

MANILA, Philippines — Left out of the stacked final roster of National University in the past two years, Leo Ordiales’ time to shine finally came in Season 87 and he proved his worth. Ordiales dropped a team-high 13 points to help continue the Bulldogs’…

Romualdez vows House support for P20/kilo rice program

Published: May 18, 2025 07:26

MANILA, Philippines —  House Speaker Martin Romualdez on Sunday pledged support to the government’s P20-per-kilo rice program. Romualdez also commended the initiative as it is “a major first step toward food security and economic justice for Filipino…

NBA: Celtics' Jaylen Brown may need knee surgery

Published: May 18, 2025 05:54

Four days after Jayson Tatum underwent surgery on a torn right Achilles tendon, ESPN reported on Saturday that fellow Boston Celtics star Jaylen Brown has a partially torn right meniscus and might also require surgery. Per the report, the 28-year-old…

4 Norwegians rescued by PCG

Published: May 18, 2025 05:26

MANILA, Philippines — Four Norwegian nationals on board a drifting sailboat in the waters off Cabugao Bay, Virac, Catanduanes, were rescued by the Philippine Coast Guard (PCG) on Sunday. The Coast Guard Station Catanduanes, under the Coast Guard District…

Pope Leo XIV to celebrate inaugural mass

Published: May 18, 2025 05:02

VATICAN CITY — Tens of thousands of Catholics and politicians including US Vice President JD Vance will gather at the Vatican on Sunday for the inauguration mass of Leo XIV, the first US pope. Ten days after the soft-spoken Robert Francis Prevost was…

Pope Leo XIV to celebrate inaugural mass

Published: May 18, 2025 04:22

VATICAN CITY — Tens of thousands of Catholics and politicians including US Vice President JD Vance will gather at the Vatican on Sunday for the inauguration mass of Leo XIV, the first US pope. Ten days after the soft-spoken Robert Francis Prevost was…

PDEA, cops seize P3.4M shabu in Bacoor City bust

Published: May 18, 2025 04:06

LUCENA CITY, Philippines — Philippine Drug Enforcement Agency (PDEA) agents and maritime police on Saturday, May 17, arrested an alleged big-time trafficker and seized shabu (crystal meth) worth about P3.4 million in Bacoor City, Cavite. The PDEA–Region 4A…

DBM approves 16,000 new teaching positions for public schools

Published: May 18, 2025 03:29

MANILA, Philippines — Sixteen thousand new teaching positions for public schools have been approved by the Department of Budget and Management (DBM) for school year 2025–2026. This is the first tranche of the 20,000 positions targeted for creation this…

DOH: Keeping watch on COVID-19 trends in region

Published: May 17, 2025 21:46

MANILA, Philippines — The Department of Health (DOH) on Saturday said it was “actively monitoring” COVID-19 trends in Southeast Asia, including the recently reported increase in cases in some specific areas in the region. “We are actively coordinating…

AFP hospital opens new trauma care center

Published: May 17, 2025 21:46

MANILA, Philippines — The Armed Forces of the Philippines Medical Center, also known as the V. Luna General Hospital in Quezon City, recently inaugurated a new facility for troops wounded in action. The Bagong Bayaning Mandirigma Casualty Care Center (BBM…

How to keep ‘P20/kilo rice’ drive going

Published: May 17, 2025 21:44

MANILA, Philippines — The Department of Agriculture (DA) hopes to continue the government’s subsidized rice program next year by forming a technical working group (TWG) for the initiative that offers the staple for only P20 per kilo. Under the agency’s…

Big-time oil price hike slated next week

Published: May 17, 2025 21:42

MANILA, Philippines —  After two consecutive rollbacks, oil companies are set to implement a big-time price hike of as much as P2 per liter next week, industry estimates showed. In an advisory on Saturday, Jetti Petroleum president Leo Bellas said the…

PMA course to include AI, drone tech

Published: May 17, 2025 21:40

FORT DEL PILAR, BAGUIO CITY, Philippines — Artificial intelligence (AI), combat drones and strategic yet ethical thinking will become part of the training of Filipino soldiers in the near future now that the Philippine Military Academy (PMA) has upgraded…

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