The Department of Agrarian Reform (DAR) has voided the land certificates awarded by former President Rodrigo Duterte to members of the Ati community in Boracay. Agrarian Reform Secretary Conrado Estrella III explained that the certificates, covering 1,300 square meters, were granted to the Ati in June 2019. However, as per the Comprehensive Agrarian Reform Law...
Consumers are bracing for notable price hikes at gas stations in the coming week, with oil prices expected to surge by over P1.00 per liter across all fuel types. Projections indicate increases ranging from P1.10 to P1.50 per liter for gasoline, P1.00 to P1.40 per liter for diesel, and P1.05 to P1.45 per liter for...
The Bangko Sentral ng Pilipinas (BSP) announced on Thursday a reduction of its policy rate by 25 basis points (bps), marking the beginning of an easing cycle in response to anticipated softer inflation. Bps is a unit of measure commonly used to describe changes in interest rates, bond yields, and other financial instruments. One basis...
President Ferdinand R. Marcos Jr. has declared that the Office of the President will grant each athlete who represented the Philippines in the #2024ParisOlympics a reward of PhP 1 million. Encouraging more support for the athletes, he has urged the Philippine Amusement and Gaming Corporation to match this amount. Meanwhile, the country continues the jubilation...
The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) has issued a weather alert stating that the Southwest Monsoon is currently influencing Luzon and the western section of Visayas. Additionally, Tropical Storm Ampil (2407) is located outside the Philippine Area of Responsibility, specifically 1,570 kilometers east-northeast of extreme Northern Luzon. The storm has maximum sustained...
Personnel of the 2nd Aklan Provincial Mobile Force Company (PMFC) intercepted and apprehended on August 10, 2024 two motorbanca violators of the “One Entry, One Exit” Policy in Sitio Bolabog, Barangay Balabag, Boracay, Malay . The captains of the motorboats were promptly issued citation tickets for contravening Provincial Ordinance No. 05-32, which enforces the strict...
Department of Tourism (DOT) Secretary Christina Garcia Frasco highlighted the important role that human touch and technological advancements play in the tourism industry during her keynote address at the 7th Tourism Human Resource Congress. Emphasizing the theme of “5 IR: Achieving Harmonious Human-Machine Collaboration in Tourism and Hospitality,” Secretary Frasco underscored the significance of striking...
Government workers are poised to receive a salary increase this year as the Department of Budget and Management (DBM) issues guidelines for the implementation of the Salary Standardization Law VI (SSL VI). DBM Secretary Amenah “Mina” F. Pangandaman recently announced the release of the directives, emphasizing the prompt dissemination of the guidelines. “Napirmahan na po...
The Department of Energy (DOE) has revealed a potential significant rollback in fuel prices expected to take effect next week. This anticipated adjustment comes as a result of noticeable decreases in global fuel prices, with gasoline prices dropping by P2.72 per liter, diesel by P2.02 per liter, and kerosene by P2.31 per liter. Amidst these...
The Bureau of Customs (BOC) recently engaged in the Philippine-British Meat Trade Briefing and Reception organized by the British Chamber of Commerce Philippines, highlighting efforts to enhance trade facilitation between the two nations. Acting Deputy Commissioner Michael Fermin shared BOC’s progress under the 5-Point Priority Program, emphasizing initiatives to simplify cross-border trade procedures and promote...