Day: April 24, 2025

Manila: Nine candidates in the upcoming May 12 elections, including three individuals running for mayor in Metro Manila, have been issued show cause orders by the Commission on Elections (Comelec) for alleged infractions. According to Philippines News Agency, Comelec Chairperson George Garcia announced that Task Force Kontra Bigay has directed the nine candidates to provide explanations in response to accusations of vote buying and misuse of government resources during their election campaigns. The candidates facing scrutiny include Manila mayoral bets Francisco Domagoso and Samuel Versoza Jr., and Caloocan mayoral candidate Dale Gonzalo Rigor Malapitan. Other candidates include Julian Edward Emerson

Manila: The local stock market shed during Thursday’s trading after winning for three straight days, while the peso closed flat. The Philippine Stock Exchange index (PSEi) eased by 0.16 percent to 6,158.48 points, as All Shares slipped by 0.01 percent to 3,658.25. According to Philippines News Agency, counters were mixed with gainers – Mining and Oil was up by 2.10 percent to 10,074.21; Holding Firms, up by 0.99 percent to 5,146.44; Industrial, up by 0.52 percent to 8,691.02; and Property, inching up by 0.01 percent to 2,229.92. Indices with shedding were Services, down by 1.47 percent to 1,943.53, and Financials,

Iloilo City: The Department of Agriculture in Western Visayas (DA 6), through its Agribusiness and Marketing Assistance Division (AMAD), has made strides in making rice accessible to the public by participating in the two-day Kadiwa ng Pangulo Merkado Lokal event held in Iloilo City on April 24-25. The initiative is part of the Rice-for-All program aimed at providing affordable rice options to local residents. According to Philippines News Agency, the DA set up its stall in front of the Ker and Co. building, offering 150 sacks or 1,500 five-kilo rice packs at a price of PHP29 per kilo. Kadiwa focal

Manila: The Bangko Sentral ng Pilipinas (BSP) announced fresh amendments to its foreign exchange (FX) regulations that will give Filipinos more access to hedging instruments and help deepen the domestic capital market. According to Philippines News Agency, the BSP’s policy-making Monetary Board (MB) has increased the number of hedging options available to the public. These now include non-deliverable swaps, non-deliverable cross-currency swaps, and foreign exchange options. FX swaps are defined by the BSP as agreements involving the exchange of two currencies using the prevailing spot rate and swapping these at a specified time using a different exchange rate. Prior to

Isabela: The Department of Public Works and Highways-Western Visayas (DPWH-6) announced on Thursday the completion of a PHP20.3-million hemodialysis center at Ignacio L. Arroyo Memorial District Hospital in Isabela, Negros Occidental. The national government-funded health facility is expected to provide accessible care to patients in the province’s fifth district. According to Philippines News Agency, the project involved the construction of a three-story building with a roof deck. This healthcare facility is among the recently completed structures undertaken by the DPWH in the fifth district of Negros Occidental, which reflects the agency’s commitment to community development and public service. The facility