Pagcor’s 9-month net income slides 85% on weak revenue

Inquirer.net - Oct 29, 2026

MANILA, Philippines — The Philippine Amusement and Gaming Corp. (Pagcor) reported an 85 percent drop in net income in the first nine months of the year, as weaker gaming revenues and higher remittances for government nation-building projects weighed on earnings. The state-run gaming regulator said in a statement that net income fell to P2.17 billion

Read full article

More News

Oct 29, 2026

Caritas Philippines supports Lobo in fight vs. LPG terminal project

MANILA, Philippines — Caritas Philippines has expressed support for Batangas Archbishop Emeritus Ramon Arguelles and residents of Lobo who have raised concerns over a proposed liquefied petroleum gas (LPG) terminal and refilling plant. San Carlos Bishop and Caritas Philippines President Gerardo Alminaza said “this is not simply about one project,” stressing that the issue touches

Oct 29, 2026

DENR probes possible causes of tarsier deaths in Samar

MANILA, Philippines — The Department of Environment and Natural Resources (DENR) has directed continuous wildlife monitoring along the Cacaransan-Saputan Road in Calbayog City following a series of Philippine tarsier deaths. “Immediately following the reports, DENR personnel from the Calbayog Pan-as-Hayiban Protected Landscape conducted an on-site investigation, verified the reported locations, gathered information from witnesses and

Oct 29, 2026

Transport security office to Undas travelers: Don’t bring banned items

MANILA, Philippines — As the influx of travelers begins ahead of Undas 2026, the Office for Transportation Security (OTS) on Thursday reminded passengers to remove prohibited items from their belongings to avoid trip delays. The reminder came as the Parañaque Integrated Terminal Exchange (PITX) administration reported confiscating a total of 260 banned objects from Oct.

Oct 29, 2026

Tinio: Marcos feigning control as analysts say peso to slide further

MANILA, Philippines — President Ferdinand Marcos Jr.’s defensive stance regarding the highest-ever dollar-peso exchange rate is mere posturing, ACT Teachers party-list Rep. Antonio Tinio said on Thursday, warning that financial analysts believe the peso will slide further in the coming months. In a statement, Tinio slammed Marcos for his “Don’t panic” remark, saying it comes as

Oct 29, 2026

Witness: 25% of infra project budget given as ‘proponents’ commitment’

MANILA, Philippines—A former Public Works and Highways official on Thursday said 25 percent of the budget allocated for infrastructure projects in the 2025 General Appropriations Act (GAA) are given as “commitments” to certain proponents, including senators. This was according to former Public Works and Highways Regional Director Gerard Opulencia, who testified as a prosecution witness

Oct 29, 2026

Davao de Oro military ready to help police hunt Bato dela Rosa

CAYAN DE ORO CITY — The Philippine Army’s 10th Infantry Division (10ID) said on Thursday it is ready to help police arrest Sen. Ronald “Bato” dela Rosa, whose one-week ultimatum to surrender ends on Friday. The former national police chief is wanted by the International Criminal Court (ICC) for alleged crimes against humanity during the

Oct 29, 2026

Marcos urges firms to invest in PH electric vehicle industry

MANILA, Philippines — President Ferdinand Marcos Jr. on Thursday urged foreign manufacturers to invest in the Philippines’ electric vehicle (EV) industry as the government aims to have EVs account for 50% of the country’s vehicle fleet by 2040. He made the call during a visit to the manufacturing and assembly plant of Sazgar Philippines Inc. in