Rate hike bets, rising oil prices to test PSEi

Inquirer.net - Oct 12, 2026

MANILA, Philippines — Philippine stocks could face renewed pressure this week as investors weigh another interest rate hike against rising oil prices and a weaker peso, according to F. Yap Securities Inc. In its outlook for Oct. 12 to 16, the brokerage urged investors to remain selective ahead of third-quarter earnings and the Bangko Sentral ng

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Palawan is Asia’s Best Island in 2026 Condé Nast Traveller awards

Oct 12, 2026

Palawan is Asia’s Best Island in 2026 Condé Nast Traveller awards

CALAPAN CITY, Oriental Mindoro — Palawan was hailed as Asia’s Best Island in the prestigious Condé Nast Traveller 2026 Readers’ Choice Awards, earning an impressive overall score of 98.99, according to results posted by the Philippine Information Agency (PIA) in Palawan on Monday. The island destination outranked several top Asian contenders, placing well ahead of

LOOK: Sotto turns over clean office to Gatchalian

Oct 12, 2026

LOOK: Sotto turns over clean office to Gatchalian

MANILA, Philippines — Contributed photos showed that the office that former Senate President Vicente Sotto III will turn over to Senate President Sherwin Gatchalian was clean and seemingly untouched. Except for what appeared to be an internet cable, no part of the office had been dismantled. Gatchalian’s soon-to-be office still had a 10-seat conference table,

Witness: P41M withdrawn from Mans Carpio’s account in an hour ‘unusual’

Oct 12, 2026

Witness: P41M withdrawn from Mans Carpio’s account in an hour ‘unusual’

MANILA, Philippines — The P41-million cash withdrawal made within an hour and 13 minutes was “unusual” and raised questions about the lack of a clear transaction trail, a financial analyst testified during Vice President Sara Duterte’s impeachment trial on Monday. Alexander Cabrera, a lawyer and accountant presented by the prosecution as an expert witness on

BFAR starts daily water monitoring after fish kill in Romblon

Oct 12, 2026

BFAR starts daily water monitoring after fish kill in Romblon

CALAPAN CITY, Oriental Mindoro — The Bureau of Fisheries and Aquatic Resources (BFAR) and other regulators will conduct daily water quality monitoring in coastal waters of Odiongan after reports of fish mortality on Oct. 4 and 6. The monitoring program aims to establish baseline environmental data and determine possible factors behind the incidents, BFAR in

Article II’s essence: Sara plays simple but numbers won’t lie — Diokno

Oct 12, 2026

Article II’s essence: Sara plays simple but numbers won’t lie — Diokno

MANILA, Philippines — With all the witnesses and pieces of evidence presented by the prosecution — bank and tax records, financial reports, and public documents — discussions on Article II have proven that Vice President Sara Duterte is not as simple a person as she appears, Akbayan party-list Rep. Chel Diokno said on Monday. Diokno, a

SSS cracks down on 5 Pasay firms over unpaid contributions

Oct 12, 2026

SSS cracks down on 5 Pasay firms over unpaid contributions

MANILA, Philippines — The Social Security System (SSS) has cracked down on five employers in Pasay City over P1.14 million in unpaid workers’ contributions, which have ballooned to P3.19 million with penalties. In a statement, the SSS said the five employers incurred P2.05 million in penalties for failing to remit their employees’ monthly contributions, which totaled

Angara honors heroic teen, achievers at School Safety Week launch

Oct 12, 2026

Angara honors heroic teen, achievers at School Safety Week launch

MANILA, Philippines — Education Secretary Sonny Angara honored on Monday the extraordinary bravery of a high school student and the achievements of four international competition medalists during the Department of Education (DepEd) Awards held to coincide with the launch of National School Safety Week at Cainta Elementary School in Rizal. Angara conferred the DepEd Heroes

PAL cancels Riyadh flights until Nov. 29

Oct 12, 2026

PAL cancels Riyadh flights until Nov. 29

MANILA, Philippines — Flag carrier Philippine Airlines (PAL) said Monday it was extending the suspension of its flights to and from Riyadh until Nov. 29 amid continuing security threats to the Saudi capital’s international airport. The latest advisory covers both inbound and outbound services, and extends a suspension first imposed on Oct. 8 and subsequently extended

Gov’t debt service falls to P76B in August on lower amortization

Oct 12, 2026

Gov’t debt service falls to P76B in August on lower amortization

MANILA, Philippines — The national government’s debt service bill dropped in August as the absence of a massive bond maturity settlement made in the same month last year sharply reduced principal repayments. Latest data from the Bureau of the Treasury (BTr) showed that debt payments fell nearly 89 percent to P76.12 billion in August from

Mindanao feels El Niño pinch: Struggling farms, idle power plants

Oct 12, 2026

Mindanao feels El Niño pinch: Struggling farms, idle power plants

CAGAYAN DE ORO CITY — At the Cogon Public Market here, 59-year-old vegetable vendor Alma Labajo is already feeling the pinch of a “very strong” El Niño, lamenting high prices as harvests from the city’s hinterland farms dwindle. “When fewer vegetables reach the market, prices inevitably rise,” Labajo told the Inquirer, noting that resellers are

Watch: Chilling moment masked men target elderly couple in house burglary

Oct 12, 2026

Watch: Chilling moment masked men target elderly couple in house burglary

A burglary ringleader who spent nearly a year planning a raid on an elderly couple’s home has been jailed alongside two accomplices.

Duterte trial: Cale 88 ‘revolving door’ ops symptom of money laundering

Oct 12, 2026

Duterte trial: Cale 88 ‘revolving door’ ops symptom of money laundering

MANILA, Philippines — Forensic financial analyst Atty. Alexander Cabrera on Monday described the financial operations of Cale 88 Food Corp. as a “revolving door,” calling it a “symptom of money laundering.” Vice President Sara Duterte’s spouse, Atty. Manases Carpio, supposedly held a 47.5% ownership stake in Cale 88 as an incorporator and shareholder from 2021

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