COA flags SSS P40-B 'paper loss' in equity investments

GMA Network - Oct 16, 2026

State auditors have flagged the nearly P40-billion in unrealized equity investment losses incurred by private sector workers" pension fund Social Security System (SSS).

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BOC sets up office for domestic stakeholder affairs

Oct 16, 2026

BOC sets up office for domestic stakeholder affairs

MANILA, Philippines — The Bureau of Customs (BOC) is tightening its oversight of engagements with government agencies, business groups, and other stakeholders through a new office that coordinates partnerships and monitors their implementation. Under Customs Memorandum Order No. 17-2026, the BOC created the Customs Local Affairs Office (CLAO) to institutionalize a framework for domestic stakeholder

Shenzhen Airlines moves to expand PH presence

Oct 16, 2026

Shenzhen Airlines moves to expand PH presence

MANILA, Philippines — Shenzhen Airlines is seeking regulatory approval to expand its operations in the Philippines, as China’s fifth-largest airline looks to capitalize on growing travel demand between the two Asian countries. According to a notice posted by the Civil Aeronautics Board (CAB), the Chinese carrier has applied for a foreign air carrier permit that would

DA seeks tollway help for farmers, consumers

Oct 16, 2026

DA seeks tollway help for farmers, consumers

MANILA, Philippines — The Department of Agriculture (DA) is seeking more support from tollway operators for an initiative to ease the impact of rising fuel costs on the farm sector and Filipino consumers. The agency refers to the rebate program for trucks transporting agricultural products, under which qualified beneficiaries can receive toll discounts. READ: Toll fees

Marcos to summon Chinese envoy over 'use of force' remark

Oct 16, 2026

Marcos to summon Chinese envoy over 'use of force' remark

President Ferdinand “Bongbong” Marcos Jr. on Friday confirmed he will summon Chinese Ambassador Jing Quan after the latter"s remarks conveyed a “thinly veiled threat” of using force.

N Sembilan rebel chieftains interpret Malay rulers' call as triumph over Tuanku Muhriz

Oct 16, 2026

N Sembilan rebel chieftains interpret Malay rulers' call as triumph over Tuanku Muhriz

'In the state administration, the authoritative figure is the menteri besar and state exco chaired by him.'

Pageantry matters for US-China summits, even with modest results

Oct 16, 2026

Pageantry matters for US-China summits, even with modest results

The most consequential outcome of President Xi Jinping’s Washington visit might be his US counterpart Donald Trump’s unusually lavish welcome. It told Beijing, US allies and global markets that, however fierce the strategic rivalry, China’s importance makes sustained diplomatic engagement essential. The airport greeting, lavish banquet at the White House and flyover by military aircraft restored the appearance of a workable relationship between two powers. Even so, Beijing has learned not to...

Los Angeles city employee among four charged in downtown graffiti spree

Oct 16, 2026

Los Angeles city employee among four charged in downtown graffiti spree

Prosecutors say a Los Angeles Department of Water and Power employee was one of four men who caused more than $170,000 in graffiti damage to downtown buildings.

Singapore executive MBA leaps into world's top 10 as alumni report average pay above $500,000

Oct 16, 2026

Singapore executive MBA leaps into world's top 10 as alumni report average pay above $500,000

The National University of Singapore's executive MBA rose 14 places to ninth in the Financial Times' Executive MBA Ranking 2026, making the top 10 for the first time.

Jeans and pretzel brands arrive at Kent outlet - but three companies depart

Oct 16, 2026

Jeans and pretzel brands arrive at Kent outlet - but three companies depart

A denim clothing brand has opened its only standalone UK store at a Kent shopping centre which has seen a flurry of recent changes.

UAE arrests three Koreans in $2.3B gambling case tied to former Premier League shirt sponsor

Oct 16, 2026

UAE arrests three Koreans in $2.3B gambling case tied to former Premier League shirt sponsor

Three South Korean suspects linked to illegal gambling websites that handled a combined 3.1 trillion won (US$2.3 billion) in bets have been arrested in the United Arab Emirates.

Up to P4.20/liter gasoline rollback, P0.40/liter diesel hike seen next week

Oct 16, 2026

Up to P4.20/liter gasoline rollback, P0.40/liter diesel hike seen next week

Motorists should expect mixed movements in fuel prices to be implemented in the coming week.

Shooter kills 4 at Oregon elementary school and is shot dead by citizen

Oct 16, 2026

Shooter kills 4 at Oregon elementary school and is shot dead by citizen

(1st UPDATE) The dead were children aged 5, 8 and 11 and one teacher

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