Philippine Financial System Resilience Reaffirmed

The Financial Stability Coordination Council confirms the Philippine banking system's strength, backed by robust capital and liquidity, while intensifying surveillance on corporate and consumer risks to ensure ongoing stability.

BIR Surpasses Early 2026 Tax Collection Goal

The Bureau of Internal Revenue collected PHP530.055 billion in net taxes from January to February 2026, exceeding its target by PHP2.280 billion and showing a 2.97% year-on-year increase.

Cebu Governor Assures Ample Rice Supply Amid Crisis

Cebu Governor Pamela Baricuatro conducted a surprise inspection at a Mandaue supermarket to verify rice availability, confirming no shortage and stable P48 per kilo prices despite Middle East impacts.

DPWH Cebu Explains Delay in P30.8M Road Project

The DPWH Cebu City explains that design changes and government interventions caused delays in the P30.8-million V. Rama Street project, addressing public complaints about traffic and asphalt work.

Mandaue-Lapu-Lapu Ferry Service to Start in April

A new passenger ferry service connecting Mandaue and Lapu-Lapu cities will begin operations in April 2026, aiming to ease transportation costs and improve connectivity for residents and workers.

DPWH Cebu Explains V. Rama Ave. Project Delays

The DPWH Cebu City District Engineering Office has clarified delays in the P30.8-million V. Rama Ave. road improvement project, attributing them to design adjustments, permitting issues, and local government interventions amid public complaints.

Davao Drivers Get P5,000 Aid, Fuel Subsidies Announced

Public utility jeepney drivers in Davao Region will receive P5,000 cash assistance from DSWD and fuel subsidies up to P10,000 under DOTr's Pantawid Pasada Program, with officials warning against fare overcharging.

Davao Oriental's ₱286.58M Farm Road Upgrade Approved

The Regional Project Advisory Board has approved a ₱286.58-million project to rehabilitate and upgrade an 8.5-kilometer Farm-to-Market Road in Davao Oriental, expected to reduce travel time, lower transportation costs, and benefit over 4,000 residents.

Clark Freeport Zone Becomes Major Digital and AI Hub

Clark Freeport Zone is set to become a key digital infrastructure and artificial intelligence center, supporting President Marcos Jr.'s agenda. The Clark Development Corporation highlights investments and partnerships driving this transformation.

DOLE Launches Online Legal Portal for Workers

The Department of Labor and Employment introduces an online legal query portal to improve accessibility for workers, employers, and labor organizations seeking guidance on labor-related issues.

FDA: Nestle's Recalled Milk Products Destroyed, Won't Return

The Food and Drug Administration guarantees that all recalled Nan Optipro and Nankid Optipro infant formula products have been properly destroyed and will not re-enter the market, following Nestle Philippines' voluntary recall initiative.

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