PSEi snaps 5-day rally on profit-taking

Inquirer.net - Oct 22, 2026

MANILA, Philippines — Local stocks retreated on Thursday as investors locked in gains after a five-day rally and awaited the Bangko Sentral ng Pilipinas’ (BSP) policy decision. The benchmark Philippine Stock Exchange Index (PSEi) fell 0.72 percent, or 41.78 points, to close at 5,779.73, as a weaker peso and higher global oil prices fueled market jitters.

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NBI probes another company linked to Sara Duterte, husband – Matibag

Oct 22, 2026

NBI probes another company linked to Sara Duterte, husband – Matibag

MANILA, Philippines — The National Bureau of Investigation (NBI) is probing another company allegedly linked to Vice President Sara Duterte and her husband, Atty. Manases Carpio, as part of its inquiry into her alleged “unexplained wealth,” Director Melvin Matibag said. Matibag identified the company as Westgate88, which he said was allegedly named after Duterte-Carpio associates.

Super Typhoon Rosal weakens into typhoon Thursday afternoon

Oct 22, 2026

Super Typhoon Rosal weakens into typhoon Thursday afternoon

MANILA, Philippines — Super Typhoon Rosal, internationally known as Champi, weakened into a typhoon Thursday afternoon, Oct. 22, the state weather bureau reported. In its weather advisory, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) said Rosal had slightly weakened as of 2 p.m. As of 3 p.m., Rosal was located 360 kilometers east

Bataan mayors oppose revival of mothballed nuke plant

Oct 22, 2026

Bataan mayors oppose revival of mothballed nuke plant

ORION, Bataan – The Bataan chapter of the League of Municipalities of the Philippines remains opposed to the national government’s plan to rehabilitate and eventually operate the mothballed 40-year-old Bataan Nuclear Power Plant in Morong town.  Orion town Mayor Antonio Raymundo, Jr., LMP Bataan Chapter president, in an interview on Thursday said the stand of

Biz group seeks return of P1.76-B EDSA Busway funds

Oct 22, 2026

Biz group seeks return of P1.76-B EDSA Busway funds

MANILA, Philippines — The influential Management Association of the Philippines (MAP) has formally asked the Senate to restore the P1.756-billion budget for the EDSA Busway, which received zero funding in the proposed 2027 national budget. In an Oct. 15 letter to Sen. Mark Villar, who chairs the Senate Committee on Public Works, the business group argued

Ejercito asks House: Don’t recall the approved 2027 budget

Oct 22, 2026

Ejercito asks House: Don’t recall the approved 2027 budget

MANILA, Philippines — Senate Finance chairperson JV Ejercito on Thursday appealed to the House of Representatives not to recall its version of the 2027 House General Appropriations Bill (HGAB). This comes after lawmakers from the Makabayan bloc urged the House to recall its approval of the P7.2-trillion budget measure. “I’m appealing because I’m worried about

Cagayan de Oro drug sting yields P748,000 in ‘shabu’

Oct 22, 2026

Cagayan de Oro drug sting yields P748,000 in ‘shabu’

CAGAYAN DE ORO CITY — Anti-narcotics operatives dismantled a local supply link in this city Wednesday morning, seizing nearly P750,000 worth of suspected shabu from a man police tagged as a high-value target. Police identified the 44-year-old suspect only by his alias, “Levi,” who was arrested during a joint buy-bust operation near his residence in

Gatchalian: Senate will comply with SC ruling on budgets’ unconstitutionality

Oct 22, 2026

Gatchalian: Senate will comply with SC ruling on budgets’ unconstitutionality

MANILA, Philippines—While saying that the Senate will comply with the Supreme Court’s ruling, Senate President Sherwin Gatchalian on Thursday expressed concern over its decision to strike down certain provisions governing the release of unprogrammed appropriations (UA).  The high tribunal earlier declared key provisions of the 2024, 2025 and 2026 national budgets unconstitutional for violating constitutional

Pasay cop faces Napolcom complaint over partner’s abuse claims

Oct 22, 2026

Pasay cop faces Napolcom complaint over partner’s abuse claims

MANILA, Philippines — A Pasay cop faces a complaint from the National Police Commission (Napolcom) after his live-in partner accused him of repeatedly beating and threatening her throughout their nearly six years of living together. The live-in partner, identified only as alias Kara, filed an administrative complaint against Police Staff Sgt. Tyran John Miranda at

Suspended DICT exec denies wrongdoing in P1.5-B contracts

Oct 22, 2026

Suspended DICT exec denies wrongdoing in P1.5-B contracts

MANILA, Philippines — Embattled Information and Communications Technology Undersecretary David Almirol Jr. has denied allegations of conflict of interest involving government contracts worth more than P1.5 billion, which were awarded to a company he founded. Almirol broke his silence a day after the Office of the Ombudsman ordered his preventive suspension for six months without pay

For safer schools: ‘Speak Up Boxes’ rolled out in Soccsksargen

Oct 22, 2026

For safer schools: ‘Speak Up Boxes’ rolled out in Soccsksargen

KORONADAL CITY, South Cotabato — Police in Soccsksargen (Region 12) have rolled out “Speak Up Boxes” in schools to give students, teachers, and other school personnel a way to report threats and suspicious activities without having to approach authorities in person. The initiative of the Police Regional Office 12 (PRO-12) aims to encourage members of

Marcos must be held accountable for SC ruling on previous budgets – solon

Oct 22, 2026

Marcos must be held accountable for SC ruling on previous budgets – solon

MANILA, Philippines — ACT Teachers party-list Antonio Tinio on Thursday believes that President Ferdinand Marcos Jr. must be held accountable for implementing the 2024, 2025 and 2026 national budgets. His remark comes following the declaration of the Supreme Court (SC) that there are certain provisions that are unconstitutional.  In its decision, SC said Congress committed

DBM: Stricter vetting process for infra projects in 2027 budget

Oct 22, 2026

DBM: Stricter vetting process for infra projects in 2027 budget

MANILA, Philippines — The Department of Budget and Management (DBM) on Thursday assured the public that it has adopted a stricter vetting process for infrastructure projects included in the proposed 2027 national budget. During the hearing on the proposed budget of the DBM, Senate finance committee chair JV Ejercito asked Budget Secretary Kim Robert de

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