Day: October 2, 2024

TACLOBAN CITY – Celebrity couple Richard Gomez and Lucy Torres-Gomez filed their certificates of candidacy (COC) on Wednesday, formalizing their re-election bids in Leyte’s 4th congressional district and Ormoc City. Speaking to reporters Wednesday afternoon, Richard, incumbent representative of Leyte’s 4th District, said the 2025 election is challenging but he is hoping it will be peaceful. He is reportedly running against former Court of Appeals Associate Justice Vicente Veloso III, who also served as Leyte 3rd District representative. ‘Every election is a challenge, and we must prepare the right way. For the new term, I will refile bills that were

Manila: The Philippine economy successfully navigated multiple external headwinds in recent years and is expected to grow by over 6 percent next year, an International Monetary Fund (IMF) official said. In a briefing at the Bangko Sentral ng Pilipinas office in Manila on Wednesday, IMF Mission Chief Eli Arbatli Saxegaard said the Philippines remained among the best performing economies in the region. An IMF team led by Saxegaard held meetings in Manila from Sept. 18 to Oct. 2 to conduct discussions on the Philippine economy for the 2024 Article IV Consultation. Saxegaard said the Philippine economy is projected to grow

Manila: The local stock market closed higher for the second straight trading day, while the peso barely moved on Wednesday. The Philippine Stock Exchange index (PSEi) gained 22.49 points to 7,402.81 while the broader All Shares also rose 7.50 points to 3,970.86. “The local market extended its climb this Wednesday, advancing 0.30% to 7,402.81. Investors bought into the market on the back of expectations that inflation last September further slowed down,” Philstock Financials, Inc. research manager Japhet Tantiangco said. “Investors also cheered the September SandP Global Philippines Manufacturing PMI which came in at 53.7, reflecting a faster expansion of the

Manila: Senators on Wednesday urged for vigilance among voters to prevent candidates like dismissed Bamban mayor Alice Guo from being elected into any public office this coming 2025 mid-term elections. In a press briefing, Senate President Francis Escudero said the likes of Guo getting elected is a possibility considering that the mandate of the Commission on Elections’ (Comelec) in receiving certificates of candidacy is ministerial in nature. “May posibilidad pa rin yun. Trabaho nating lahat na maging mapagmatyag at tiyakin na hindi sana mangyari yun. At kung mangyayari man, agad mahuhuli (It is still possible. It is our job to

Manila: The lead presiding officer of the House of Representatives Quad Committee (Quadcom) on Wednesday urged the Department of Justice (DOJ) to file murder charges against retired police colonels Royina Garma and Edilberto Leonardo for the 2020 killing of retired police general and Philippine Charity Sweepstakes Office (PCSO) board secretary Wesley Barayuga. Surigao del Norte 2nd District Rep. Robert Ace Barbers said the DOJ, who has representatives monitoring the hearings, should interview the Quadcom’s two witnesses in the Sept. 27 committee hearing and assess their testimonies. He was referring to police Lt. Col. Santie Mendoza of the Philippine National Police