PSEi rebounds 2.13% as investors snap up bargains

Inquirer.net - Oct 27, 2026

MANILA, Philippines — Local stocks snapped a three-session losing streak on Tuesday as investors bought battered shares, supported by a recovery in regional markets despite the peso’s slide past P64 against the dollar. The benchmark Philippine Stock Exchange Index (PSEi) climbed 120.01 points, or 2.13 percent, to close at 5,761.19.  READ: Peso closes beyond 64

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PTI urges action vs. illegal cigarettes in Mindanao

Oct 27, 2026

PTI urges action vs. illegal cigarettes in Mindanao

MANILA, Philippines — The Philippine Tobacco Institute (PTI) called for stronger enforcement against illicit cigarettes, particularly in Mindanao, despite a decline in the share of collected packs classified as illicit in its latest commissioned study. The industry association, which represents tobacco manufacturers and growers, said the findings showed uneven progress against the illegal trade. READ: Illegal

Staff: Alcantara got at least P5 billion ‘kickbacks’ for delivery to ‘proponents’

Oct 27, 2026

Staff: Alcantara got at least P5 billion ‘kickbacks’ for delivery to ‘proponents’

MANILA, Philippines — State witness and former Public Works and Highways-Bulacan District Engineer Henry Alcantara received at least P5 billion worth of alleged kickbacks from contractors, intended to be delivered to project proponents. Alcantara’s former staff Carlo Rivera made the revelation on Tuesday before the Sandiganbayan Third Division’s bail hearing of former House Speaker Martin

Privacy risks halt BIR’s registration seal display order

Oct 27, 2026

Privacy risks halt BIR’s registration seal display order

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has suspended its contentious order requiring taxpayers to display their registration seal badges on digital platforms amid growing scrutiny over data privacy concerns. Under Revenue Memorandum Circular No. 113-2026, the BIR said it suspended the requirement until further notice while working with the National Privacy Commission to

Surigao Sur solon’s face on hospital referrals stirs controversy

Oct 27, 2026

Surigao Sur solon’s face on hospital referrals stirs controversy

SAN FRANCISCO, Agusan del Sur — Does an indigent patient need a congressman’s face on a piece of paper to get treatment? A Surigao del Sur lawyer is demanding answers from health and state audit officials over referral slips carrying the portrait and name of 1st District Rep. Romeo Momo Sr.—documents the lawmaker claims his

Palace says talks of Sara Duterte replacement ‘too premature’

Oct 27, 2026

Palace says talks of Sara Duterte replacement ‘too premature’

MANILA, Philippines — Malacañang on Tuesday said it was “too premature” to discuss who would succeed Vice President Sara Duterte if she were convicted in the impeachment trial. Minority Leader Alan Peter Cayetano urged fellow senators to reject any offer from Malacañang to take over the country’s second-highest post if Duterte is convicted. READ: Senators still

Power plant outages trigger new red alert over Visayas grid

Oct 27, 2026

Power plant outages trigger new red alert over Visayas grid

MANILA, Philippines — Power interruptions may hound Visayas consumers on Tuesday as the grid continues to suffer from insufficient electricity supply.  In an advisory, the National Grid Corporation of the Philippines said the red alert would be in effect from 5 p.m. to 7 p.m. READ: Higher electricity demand seen in 2027 A yellow alert would

DOH warns vs scammers posing as Health Secretary Edwin Mercado

Oct 27, 2026

DOH warns vs scammers posing as Health Secretary Edwin Mercado

MANILA, Philippines — The Department of Health (DOH) on Tuesday warned the public against individuals posing as Health Secretary Edwin Mercado to solicit donations. The DOH said it received reports of messages from people introducing themselves as Mercado. READ: DOH warns public vs counterfeit medicines, vaccines “DOH clarifies that any messages or calls requesting donations

BOI investment approvals surged to P900B in Q3

Oct 27, 2026

BOI investment approvals surged to P900B in Q3

The Board of Investments (BOI) on Tuesday has approved P900.06 billion worth of investments in the first nine months of the year, putting the country’s leading investment promotion agency on track to achieve its full-year target of P1 trillion. This marks a 53.05-percent increase from investment approvals recorded in the first three quarters of 2025.

Undas 2026: 7,200 cops on full alert in Northern Mindanao

Oct 27, 2026

Undas 2026: 7,200 cops on full alert in Northern Mindanao

CAGAYAN DE ORO CITY — To secure the hundreds of thousands expected to pour into congested graveyards and sprawling memorial parks this week, Northern Mindanao’s police force will deploy over 7,200 officers and volunteers starting Saturday, October 31. The Police Regional Office-10 (PRO-10) will go on full alert for the traditional observance of All Saints’

College student dies in motorcycle-bus collision in Quezon

Oct 27, 2026

College student dies in motorcycle-bus collision in Quezon

LUCENA CITY — A 20-year-old college student died after his motorcycle collided with a passenger bus along the Maharlika Highway in Gumaca, Quezon, early Tuesday morning. Quezon police said the victim, a resident of Gumaca, was riding along the highway in Barangay Panikihan when the Bicol-bound bus struck his motorcycle at 12:35 a.m. The motorcycle

Remains of Cagayan pilot killed in Batangas training brought home

Oct 27, 2026

Remains of Cagayan pilot killed in Batangas training brought home

TUGUEGARAO CITY – The flag-draped coffin of 1st Lt. Angeleo Adrian Peñaflor, who perished along with three other pilots in the October 23 Lipa City midair collision in Batangas, arrived in a Philippine Air Force C-130 transport plane at the Tuguegarao Airport on Tuesday, with family and friends waiting at the tarmac in abject grief.

EVs pushed for greener public transit in Bacolod City

Oct 27, 2026

EVs pushed for greener public transit in Bacolod City

BACOLOD CITY — Deputy House Speaker and Bacolod Rep. Alfredo Abelardo Benitez has endorsed a shift to electric vehicles as part of efforts to reduce the country’s dependence on petroleum, improve local air quality, and lower long-term operating and maintenance costs for transport operators. Benitez stressed this in a video message at the 2026 Bacolod

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