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Day: March 3, 2025

Coin Deposit Machine Collections Hit P1.3-B

Manila: The Bangko Sentral ng Pilipinas (BSP) said over PHP1.3 billion worth of coins have been deposited through its coin deposit machines (CoDM). As of Feb. 15 this year, the total coin collection amounted to PHP1.308 billion. The amount is equivalent to 326.18 million pieces of coins from 299,457 transactions. According to Philippines News Agency, the CoDM project, launched on June 20, 2023, allows customers to conveniently deposit their legal tender coins to be credited to their GCash or Maya electronic wallet accounts, or converted into shopping vouchers. The coin deposit machines support the BSP’s Coin Recirculation Program to put

MILF Factions Clash in SGA-BARMM Over Clan Dispute

Tugunan: Military authorities are closely monitoring a clash between two Moro Islamic Liberation Front (MILF) groups in Tugunan town, Special Geographic Area-Bangsamoro Autonomous Region in Muslim Mindanao (SGA-BARMM), sparked by a ‘rido’ or clan war on Monday morning. According to Philippines News Agency, Lt. Col. Roden Orbon, spokesperson of the Army’s 6th Infantry Division, stated that the firefight involves Commander Kandotoy Abdullah of the MILF national guard and Commander Apang Abdulkarim of the MILF 118th base command. No casualties have been reported as of now, Orbon added in a statement on Monday. The sporadic clashes, which began at 6 a.m.

Akari and Farm Fresh Compete for Quarterfinal Spot in PVL All-Filipino Conference

Pasig: Akari aims to bounce back against Farm Fresh and secure a direct quarterfinal berth in the PVL All-Filipino Conference on Tuesday at the Philsports Arena. According to Philippines News Agency, the Chargers, last year’s Reinforced Conference runners-up, will face the Foxies at 4 p.m. Grethcel Soltones is expected to return from a hand strain to lead Akari, alongside players Ivy Lacsina, Faith Nisperos, Ced Domingo, Erika Raagas, Camille Victoria, and Fifi Sharma. The sixth-seeded Foxies, who previously defeated the Chargers with scores of 25-23, 25-21, 25-14 on November 30, will rely on Trisha Tubu, Jolina dela Cruz, Caitlin Viray,

Gov’t Secures PHP22 Billion in Treasury Bills Auction Amid Strong Investor Demand

Manila: The government successfully raised PHP22 billion from its latest Treasury bills (T-bills) auction held on Monday. According to Philippines News Agency, the Bureau of the Treasury (BTr) reported that the auction was almost four times oversubscribed, drawing in a total of PHP85.5 billion in tenders. This reflects strong investor interest in government securities. Specifically, tenders for the 91-day T-bills amounted to PHP37.48 billion, with the yield settling at 5.283 percent, from which the BTr accepted PHP7 billion. For the 182-day T-bills, the Auction Committee accepted PHP7 billion from the total tenders of PHP24.51 billion, with the yield recorded at

Army Commits to Deter Poll-Related Threats, Violence in North Negros

Manila: The Philippine Army’s 79th Infantry Battalion (IB) has vowed to support the initiatives of the Commission on Elections (Comelec) to deter election-related threats and violence in northern Negros ahead of the May 12 national and local elections. 1Lt. Dan Carlo Samoza, 79IB civil-military operations officer, made the assurance following the clash between government troops and New People’s Army (NPA) remnants in Cadiz City last month. According to Philippines News Agency, the 79IB continues to monitor the rebels’ extortion and permit to campaign activities in their area of operation. Samoza noted the possibility of these activities occurring, emphasizing that they

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