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News
In updated NDC, PH promises to cut more carbon emissions on its own
8+ hour, 4+ min ago (579+ words) The Philippines has finally updated its Nationally Determined Contribution (NDC) to the United Nations, recommitting 75% emissions reduction and adjusting its unconditional emissions reduction targets from 2.1% to 7%. The remaining 68% are conditional. Unconditional targets are emissions reduction the country plans to do…...
Marcos: Substandard steel problem 'bigger than most people know"
16+ hour, 59+ min ago (502+ words) The use of substandard steel being as building material in the Philippines is very dangerous and a "bigger" problem than most people realize, President Ferdinand "Bongbong" Marcos Jr. said Sunday. Speaking to reporters at the end of the BRICS Summit…...
Visayas grid on red and yellow alerts on Sunday, Sept. 13, 2026
1+ day, 11+ hour ago (191+ words) The National Grid Corporation of the Philippines (NGCP) on Sunday, September 13, 2026, said the Visayas grid will be placed under red and yellow alerts due to limited power supply. The red alert will be in effect from 6 to 9 p.m., while the yellow…...
Brace your wallets: massive pump price hikes hit fuel stations next week
1+ day, 5+ hour ago (14+ words) GMA Network...
Surging oil prices, higher bond yields weigh on stocks
3+ day, 14+ hour ago (537+ words) NEW YORK - Oil prices surged Thursday as advances by Yemeni rebels threatened the flow of crude supplies while yields on long-term US Treasury bonds reached new multi-year highs following data showing an uptick in US wholesale inflation. The benchmark US…...
Peso slips to P62.535:$1
4+ day, 2+ hour ago (223+ words) The Philippine peso retreated against the US dollar on Thursday as global oil prices continued to climb amid the ongoing conflict between the United States and Iran. The local currency shed 2.2 centavos to close at P62.535:$1 from Wednesday’s finish of P62.513:$1. The…...
Manibela to hold transport strike on Sept. 14, 2026 amid rising fuel prices
4+ day, 2+ hour ago (202+ words) Transport group Manibela on Thursday announced that it will hold a nationwide transport strike on Monday, September 14 due to the rising fuel prices. "Nationwide transport strike September 14, 2026! Dahil sa taas presyo ng krudo at gasolina dahil inutil ang DOE!" the…...
Marcos urges investors: 'Place your trust in the Philippines"
4+ day, 5+ hour ago (287+ words) President Ferdinand “Bongbong” Marcos Jr. on Thursday urged foreign investors and business leaders to put their trust in the Philippines, inviting them to bring their capital and expertise to the country and help develop Filipino talent. Marcos made the pitch…...
PH gets $60-M US grant to boost MCC Compact eligibility
4+ day, 8+ hour ago (329+ words) The Philippines has inked a $60-million grant agreement with the United States to fund a Threshold Program aimed at strengthening the country’s eligibility for a future Millennium Challenge Corporation (MCC) Compact. The Millennium Challenge Corporation Threshold Program Grant Agreement (TPGA)…...
Visayas, Mindanao grids under red, yellow alert on Thursday
4+ day, 9+ hour ago (227+ words) Brownouts are likely to occur due to the thin power reserves in the Visayas and Mindanao grids as red and yellow alerts are expected on Thursday, September 10, the National Grid Corporation of the Philippines (NGCP) said. In advisory, red and…...