Day: January 20, 2025

Manila: The Philippine National Police-Criminal Investigation and Detection Group (PNP-CIDG) announced on Monday the arrest of nearly 11,000 wanted individuals and the seizure of over 1,400 unlicensed firearms, alongside PHP3.3 billion worth of evidence, in its anti-crime operations conducted throughout 2024. According to Philippines News Agency, during the CIDG’s 72nd founding anniversary at Camp Crame, CIDG chief Brig. Gen. Nicolas Torre III reported that a total of 13,349 law enforcement operations were carried out last year. These initiatives led to the arrest of 10,797 wanted persons, the seizure of 1,439 loose firearms, and the confiscation of evidence valued at PHP3,361,432,558.24.

Manila: Senator Robinhood Padilla on Monday filed a resolution calling for a review of the proposed merger between the Overseas Filipino Bank (OFBank) and the Land Bank of the Philippines (LandBank), citing the different mandates of the two institutions. Senate Resolution No. 1281 urges relevant government agencies to reassess the merger, underscoring the need to maintain separate entities that cater to overseas Filipino workers (OFWs) and agricultural stakeholders. According to Philippines News Agency, the measure was prompted by a reported affirmation of the merger by the Department of Finance during a meeting on April 25, 2024. Padilla emphasized that LandBank’s

Manila: The National Collegiate Athletic Association (NCAA) and 18 personalities and entities will be honored in the San Miguel Corporation-Philippine Sportswriters Association (SMC-PSA) Awards Night on Jan. 27 at the Centennial Hall of The Manila Hotel. The country’s Grand Old League will receive a special award for reaching its 100th season while the dragon boat national team, Philippine Volcanoes, weightlifter Angeline Colonia, jiu jitsu bet Isabella Joseline Butler, powerlifter Regie Ramirez, and volleyball grand slam winner Creamline will be cited in the star-studded affair. According to Philippines News Agency, gymnast Carlos Yulo leads the 2024 honor roll as Athlete of

Manila: The government exceeded its revenue collection target last year on the back of higher tax and non-tax revenues, data from Department of Finance (DOF) showed. Preliminary data released by the DOF Monday showed that as of Jan. 16, total revenue collection amounted to PHP4.40 trillion, exceeding the Development Budget Coordination Committee’s PHP4.38 trillion full-year 2024 revenue outlook. According to Philippines News Agency, tax revenues reached PHP2.83 trillion. Of the total tax revenues, the Bureau of Internal Revenue (BIR) collected PHP2.86 trillion. In a separate briefing Monday, BIR Commissioner Romeo Lumagui Jr. said the collection last year was up by

Manila: The new round of sanctions from the United States and the United Kingdom on Russian oil will be affecting local oil prices, with hefty price hikes set Tuesday. Caltex, Cleanfuel, Petro Gazz, PTT, Seaoil, and Shell will increase gasoline prices by PHP1.65 per liter and diesel prices by PHP2.70 per liter. Kerosene prices in Caltex, Seaoil, and Shell will also go up by PHP2.50 per liter. Other oil firms are expected to follow suit. According to Philippines News Agency, the Department of Energy (DOE) said gasoline prices in Metro Manila range from PHP52 to PHP76.42 per liter; diesel prices,