Day: November 25, 2024

Parañaque City: The Asian Development Bank (ADB) has called on governments across the Asia Pacific region to adopt initiatives aimed at creating gender-responsive social security systems. This appeal was made during the 41st ASEAN Social Security Association (ASSA) Conference and Board Meetings, held at the Seda Manila Bay Hotel in Parañaque City. According to Philippines News Agency, Rachel Mary Anne Basas, Gender Officer at ADB’s Gender Equality Division, highlighted several key measures in her presentation. She urged the extension of social protection to informal workers and stressed the importance of addressing unpaid work through investments in subsidized care services, such

Manila: Fuel prices will increase by more than PHP1 on Tuesday, following announcements from oil companies. In separate advisories on Monday, Shell Pilipinas, Caltex, Cleanfuel, Seaoil, Petro Gazz, Jetti, Unioil, PTT Philippines, and Flying V said they will increase gasoline prices by PHP1.15 per liter, and diesel by PHP1.10 per liter. According to Philippines News Agency, kerosene prices will also go up by PHP0.80 centavos per liter, as confirmed by Caltex, Shell, Seaoil, and Flying V. The price adjustment will be effective at 6 a.m., marking a significant shift following last week’s rollback of PHP0.85 per liter of gasoline, PHP0.75

Manila: The city government of Manila has assured prompt assistance for nearly 2,000 families who were displaced by fires that hit the Isla Puting Bato in Tondo and in the Sampaloc District over the weekend. Mayor Honey Lacuna, during her visit to fire victims staying at Delpan Evacuation Center, said the list of beneficiaries of PHP10,000 financial aid from the city is now being prepared as she urged the affected families to fully cooperate with social workers. According to Philippines News Agency, Lacuna appealed to the residents, saying, “Pakiusap ko po, ‘wag po sana natin aawayin ang mga social workers

ZAMBOANGA CITY: A militiaman was arrested with approximately PHP6.8 million worth of suspected shabu during an anti-drug operation in this city, police reported Monday. Colonel Santiago Pascual, deputy regional director for operations of Police Regional Office-9 (PRO-9), identified the suspect only as “Jal,” 59, a resident of Barangay Buton, Hadji Mohammad Ajul town, Basilan province. According to Philippines News Agency, operatives of the Regional Drug Enforcement Unit (RDEU) apprehended Jal during a buy-bust operation around 11:04 p.m. Sunday on P. Reyes Street in Barangay Zone 2. Confiscated from Jal’s possession were a kilo of suspected shabu, packed in a transparent

Manila: The local stock market saw a positive turnaround following the MSCI rebalancing, with the Philippine Stock Exchange index (PSEi) experiencing a notable rise. Meanwhile, the peso faced a downturn, closing weaker on Monday. According to Philippines News Agency, the PSEi climbed by 1.03 percent, reaching 6,850, while the broader All Shares index increased by 0.62 percent to 3,811.74. All sectoral indices concluded the day in positive territory, led by the Services sector, which rose by 2.06 percent. The market witnessed a close competition between advancers and decliners, with 94 stocks gaining and 91 declining, while 64 remained unchanged. Luis