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Landslide near quarry site buries 20 homes, kills 3 people in...

Rescuers are now racing against time to save residents of two small communities whose houses were buried under tons of soil and rocks following...

PHL posts $1.27-billion BOP surplus, its first for 2018

THE country’s dollar transactions with the rest of the world made a turnaround in August from its consistent deficit this year, as the Bangko...

House resumes work on 2019 budget

THE House of Representatives on Wednesday resumed its plenary deliberations on the P3.757-trillion 2019 national budget after the chairman of the Committee on Appropriations expressed support...

Neda: PHL could gain $42 million from trade war THE Philippine...

THE Philippine economy stands to gain $42.2 million annually from the ongoing trade war between the United States and China between 2018 and 2022, according to the National Economic and Development Authority.

With low price, NFA could miss palay procurement goal

THE National Food Authority (NFA) said it may not be able to hit its palay procurement target of 100,000 metric tons (MT) this year,...

Debates over ‘pork’ insertions, health cuts seen to hound 2019...

SENATE Minority Leader Franklin M. Drilon vowed on Wednesday to closely scrutinize pork barrel “insertions” estimated at P55 billion, in the P3.757-trillion 2019 budget...

Government to work with miners to build ‘public confidence’ in sector after Itogon...

AN official of the Department of Environment and Natural Resources (DENR) said the Duterte administration will collaborate with mining companies to build “public confidence”...

World Bank emergency loan facility for PHL to expire end-September

THE Philippines has less than two weeks to tap a $500-million loan facility from the World Bank that it can use for the rehabilitation...

Ompong farm losses in Northern Luzon now P17 billion

LOSSES incurred by Northern Luzon farmers from Typhoon Ompong have risen to about P17 billion, according to the latest assessment of the Department of...

DOTr readies to put 170,000 jeepneys in the scrap yard

A Department of Transportation (DOTr) official on Wednesday revealed the Duterte administration is targeting to take out from the road and put to scrap...

Senate probers detain witness in P6.8-billion shabu shipment

Senate probers moved on Wednesday to detain another witness in the P6.8-billion seized shabu shipment after being cited in contempt “for lying” to members of the...

C.B.C.P. delegates fly to Vatican for bishops’ synod next month

SEVEN Filipino clergy are bound for the Vatican next month after being selected by Pope Francis to participate in the upcoming Synod of Bishops...

Garin faults Ubial over rise of Dengvaxia deaths, imprudence rap

Former Department of Health Secretary Janette Garin has filed charges of reckless imprudence resulting in homicide against her successor, Paulyn Ubial, in connection with...

Sara Duterte: Judge lobbying for junking of disbarment case vs...

DAVAO City Mayor Sara Duterte-Carpio has advised the Office of the President to be wary of a  judge, whom she did not name, who...

Q4 inflation seen slower amid agriculture loss, weak peso

INFLATION is still expected to hit its peak in the third quarter of the year, despite looming pressures on prices, such as the supply-side...

Sweeping royalty fee on mining will make PHL ops ‘too costly’

THE country may lose billions of pesos in investments if the government pushes through with a proposed additional royalty fee on mining operations, which...

DTI chief shuns price controls

THE country’s trade chief on Tuesday shunned government-imposed price ceilings and instead pitched for supply intervention as a way to arrest the rising prices of basic...

SC bars BIR from collecting P3-billion tax from Petron, Shell

THE Supreme Court has thrown out the bid of the Bureau of Internal Revenue (BIR) to collect around P3 billion in alleged tax liabilities...

58:$1 projection in 2019 out of this world–Diokno

BUDGET Secretary Benjamin E. Diokno disputed the Capital Economics’s projection that the peso will further fall to 58 against the dollar next year, branding...

‘Flagship projects on track despite ill effects of typhoons’

DESPITE the ill effects of the typhoon, the national government remains on track to complete nearly half of the flagship projects by the end...