Smuggled cigarettes worth P6.2M seized in Zamboanga
Lawmen arrested a suspect and seized P6.2 million worth of smuggled cigarettes after a chase in Kalawit, Zamboanga del Norte on June 19, 2026.
Category : Business
Cebu Drug Busts Net 5 Suspects, P1.16M in Shabu
Five individuals, including a minor, were arrested in separate anti-drug operations in Cebu City and Naga City, yielding over P1.16 million worth of shabu.
Bill seeks to expand paternity leave to 105 days
Akbayan Rep. Chel Diokno files HB 9891 proposing 105-day paternity leave, matching maternity leave, to promote shared parenting and family bonds.
Marcos: PH to Formalize Oil Deal with Russia
President Marcos announced plans to formalize oil arrangements with Russia to enhance energy security amid global volatility and geopolitical tensions.
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Visayan Electric Expects Higher June Power Rates
Visayan Electric anticipates June power rate hike due to tight supply, higher WESM prices, peso depreciation, and rising global fuel costs, but mitigates impact on consumers.
SSS Signs Agreements with Bulacan Cooperatives for Collection
SSS signed agreements with two Bulacan cooperatives to accredit them as collecting agents, expanding social security access to grassroots communities and informal sector workers.
BOI, MinDA Partner to Boost Investment in Mindanao
The Mindanao Development Authority and Board of Investments signed an agreement to strengthen investment promotion and facilitation in Mindanao, targeting agribusiness, renewable energy, logistics, and tourism.
Bunawan Bridge 2 Southbound Closed for Repairs Until August
The southbound section of Bunawan Bridge 2 in Davao City is closed from June 17 to August 16 for rehabilitation. Two-way traffic on the northbound bridge is expected to cause delays.
BSP hikes key rate to 4.75% as inflation pressures persist
The Bangko Sentral ng Pilipinas raised its benchmark interest rate by 25 basis points to 4.75% to curb inflation driven by global oil and fertilizer prices.
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Cebu repurposes 17,000 notebooks to comply with anti-epal policy
Cebu provincial government covers images of former officials on 17,000 notebooks with province logo stickers to comply with DILG anti-epal policy as part of P370M school supply program.
Mandaue City Secures P650M for 10-Story School Building
Mandaue City receives P650 million under a national program to build a 10-story academic building with 48 classrooms and seven workshops in Barangay Paknaan.
Cebu City Spent P4.3B on Flood Control, Dams Still Unbuilt
From 2016 to 2025, DPWH spent P4.3 billion on Cebu City flood control, focusing on river walls and drainage, while major upstream dams remain unimplemented.
38 Couples Wed in Lapu-Lapu City Mass Wedding
38 couples married in Lapu-Lapu City's Kasalan ng Bayan 2026 on June 18, part of the 65th Charter Day celebration, with free rings, cake, wine, and cash gift.
Filipino Seafarers in High Demand as Superyacht Sector Expands
Filipino seafarers remain globally preferred, with the superyacht industry offering new career opportunities. Cebu emerges as a training hub.
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Philippines pushes double tax deals with 10 nations
The Marcos administration accelerates efforts to attract foreign investments by negotiating double taxation agreements with 10 countries and pushing a multinational minimum tax law.
Papa Joe advises listener on car loan amid fuel crisis
Carl, a technician and father, struggles with car loan payments due to rising fuel prices from the Iran-US war. Papa Joe advises against hasty repossession, suggesting assume or rent-to-own options.
GCash parent Mynt gets board approval for IPO
Mynt, the fintech behind GCash, secured board and shareholder approval to pursue an IPO, covering 12% of outstanding shares, subject to regulatory and market conditions.
Cebu City Funds Available for 956 Unpaid Workers
Mayor Nestor Archival confirms funds exist for 956 job order workers with delayed salaries since October 2025, blaming procedural hurdles for the delays.
Cebu Governor Proposes P20M Festival of Festivals
Cebu Governor Pamela Baricuatro announces a scaled-down Festival of Festivals with a P20 million budget, limiting participation to 15 contingents on a first-come, first-served basis to manage costs and performer welfare.
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Cebu Launches Wagyu Beef AI Program to Upgrade Cattle
Cebu and the Department of Agriculture launch an artificial insemination program to develop a local Wagyu beef industry, upgrading cattle herds and boosting agricultural economy.
3,399 Cancer Patients in Pampanga Get Financial Aid
Over 3,300 cancer patients from Pampanga received P4,000 each from DSWD, plus rice and medicines from the provincial government, led by Governor Pineda.
Lufthansa Technik to Build New MRO Facility at Clark Airport
Lufthansa Technik Philippines expands at Clark International Airport with a 157,000-square-meter base maintenance facility, adding nine wide-body aircraft bays by 2028.
Iloilo City Launches Haplos Medical Aid Up to P50,000
Iloilo City's Haplos program offers up to P50,000 medical aid for indigent residents. Beneficiaries share relief as city partners with 10 hospitals.
NGCP Cuts Transmission Rates by 9.33% in June 2026
NGCP announced a 9.33% reduction in transmission rates for June 2026, lowering costs to PhP1.4492/kWh due to decreased wheeling and ancillary services charges.
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Why Your Savings Belong in a Bank, Not at Home
Saving money is hard work, but keeping it at home carries risks like theft, fire, and inflation. A bank account offers protection, insurance, and growth.
SM Investments, BDO, China Bank Make Fortune SE Asia 500
SM Investments, BDO, and China Bank have been included in Fortune's Southeast Asia 500 list for the third consecutive year, highlighting their regional scale and resilience.
Singapore Airlines Adds Madrid Flights, Expands European Network
Singapore Airlines will launch five-times-weekly flights to Madrid via Barcelona from Oct 26, 2026, expanding its European network to 15 destinations.
Davao Opens New Sanitary Landfill on June 16
Davao City inaugurated a new sanitary landfill on June 16, 2026, while the old site remains suspended after a fatal trash slide. Operations await DENR approval.
NGCP Lowers Transmission Charges for June 2026 Bills
NGCP reduces transmission rates by 9.33% for May 2026 billing, lowering wheeling and ancillary service charges. Consumers to see slight relief in June electricity bills.
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Davao CTTMO Urges Complete Info for Tricycle Overcharging Complaints
Davao City CTTMO calls on commuters to provide detailed information when filing complaints against tricycle operators overcharging, emphasizing accurate reports for effective enforcement.
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