Search
Close this search box.

Day: April 10, 2025

P74.4-M Resiliency Project Launched in Western Visayas and Negros Occidental

Iloilo City: The Department of Social Welfare and Development (DSWD) has unveiled a risk resiliency initiative designed to tackle food insecurity and water scarcity across four Western Visayas provinces and Negros Occidental, now incorporated into the Negros Island Region. The project is set to receive PHP74.4 million in funding for 2024, targeting the challenges posed by climate change and disasters. According to Philippines News Agency, Claud Jan Marquez, who leads the Disaster Response Information Management System Section, announced that the Local Adaptation to Water Access (LAWA) and Breaking Insufficiency through Nutritious Harvest for the Impoverished (BINHI) project commenced in Batad,

BSP Reduces Policy Rates Amid Improving Inflation Outlook

Manila: The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) resumed its easing cycle on Thursday, reducing interest rates by 25 basis points as inflation shows signs of slowing. The latest adjustment brings the BSP’s target reverse repurchase (RRP) rate down to 5.50 percent, with the rates on the overnight deposit and lending facilities also adjusted to 5 percent and 6 percent, respectively. According to Philippines News Agency, BSP Governor Eli Remolona Jr. highlighted that the central bank’s recent inflation forecasts have declined since the previous meeting in February. Specifically, the risk-adjusted inflation forecast for 2025 has decreased from

PH Backs ASEAN’s Non-Retaliatory Stance on US Tariffs

Manila: The Philippines has reaffirmed its support to the Association of Southeast Asian Nations (ASEAN) by standing in solidarity with the bloc in its decision not to retaliate against the United States’ reciprocal tariffs, signaling a unified regional approach to the global trade challenge. Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque attended the virtual ASEAN Economic Ministers (AEM) Special Meeting on Thursday, where discussions focused on the bloc’s response to the US’ imposition of tariffs. According to Philippines News Agency, the AEM said in a joint statement that ASEAN commits not to impose any retaliatory measures over

Palace Appoints Negros Occidental Governor as Chair of Newly-Formed Regional Peace Council

Bacolod City: The Office of the President has appointed Negros Occidental Governor Eugenio Jose Lacson as the chairperson of the Regional Peace and Order Council (RPOC) for the newly-established Negros Island Region (NIR). Lacson accepted his appointment at the Provincial Capitol building, receiving the official papers from Department of the Interior and Local Government (DILG)-NIR OIC-Regional Director Lailyn Ortiz and OIC-Assistant Regional Director Teodora Sumagaysay. According to Philippines News Agency, Ortiz conveyed her congratulations to Lacson in a letter, emphasizing that the appointment reflects his leadership and dedication to public service. She noted that the designation underscores Lacson’s commitment to

Comelec to N. Ecija Gubernatorial Candidate: Explain Remarks on Rival’s Health

Nueva Ecija: Nueva Ecija gubernatorial candidate Virgilio Bote is the latest aspirant to be called out by the Commission on Elections (Comelec) over his alleged discriminatory remarks against a political rival in a recent campaign sortie. Bote allegedly made fun of General Tinio Mayor Isidro Pajarillaga’s health condition, whom he said is undergoing treatment for a serious illness. According to Philippines News Agency, Bote’s comments during an April 3 campaign event have sparked controversy, prompting Comelec’s Task Force on Safeguarding Against Fear and Exclusion in Elections (Task Force SAFE) to issue a show cause order. The order directs Bote to