Day: April 29, 2025

Manila: There is a possibility that phreatic eruption could recur in Bulusan Volcano in the next few days, the head of the Philippine Institute of Volcanology and Seismology (Phivolcs) said Tuesday. “That’s the reason why we’re telling the public to refrain from entering the four-kilometer permanent danger zone, because phreatic eruption could recur. Even at alert Level 0, phreatic eruption is possible,” Phivolcs Director Teresito Bacolcol said in a Bagong Pilipinas Ngayon episode. According to Philippines News Agency, a 24-minute phreatic eruption occurred in Bulusan Volcano early Monday, prompting the Phivolcs to raise the volcano’s alert status from Level 0

Manila: The Department of Migrant Workers (DMW) warned overseas Filipino workers (OFWs) and their families about the rising number of “balikbayan” boxes abandoned by forwarders. In a Facebook post on Tuesday, the DMW advised OFWs to consistently verify the status of their freight forwarders. This comes as the Bureau of Customs (BOC) published a list of local and foreign forwarding companies associated with the mishandling and abandonment of boxes containing gifts, supplies, or personal items sent to their families. According to Philippines News Agency, the BOC shared a list of local and foreign forwarding companies that have been reported for

Manila: Fitch Ratings on Tuesday reaffirmed the Philippines’ Long-Term Foreign-Currency Issuer Default Rating at “BBB” with a Stable Outlook, citing the country’s success in taming inflation and robust medium-term growth potential. In a report, Fitch Ratings said the “BBB” rating and Stable Outlook “reflect the Philippines’ strong medium-term growth, which supports a gradual reduction in government debt, and the large size of the economy relative to ‘BBB’ peers.” According to Philippines News Agency, a “BBB” rating, which is above the minimum investment grade, indicates a low expectation of default risk, with the country’s capacity to meet financial commitments deemed adequate.

Baguio City: There will be more than 6,500 job vacancies available during the Labor Day jobs fair in two locations in Baguio City this May, according to the Department of Labor and Employment (DOLE). According to Philippines News Agency, approximately 1,715 local job vacancies will be presented by 33 employers. Additionally, there will be 4,492 overseas job openings offered by 11 overseas companies and manning agencies, alongside 372 positions from 14 locators of SM City Baguio. The jobs fair is scheduled to take place at Baguio Convention Center and SM City-Baguio mall. The overseas job opportunities will be available in

Manila: The Department of Finance (DOF) on Tuesday denied reports alleging the imposition of new taxes, noting that the government’s fiscal position remains robust. In a statement, Finance Secretary Ralph Recto said the government is properly managing its finances, ensuring that public needs are met without burdening the citizenry with new taxes. According to Philippines News Agency, strategic measures were prepared to ensure fiscal sustainability and provide necessary buffers amid rising global economic uncertainty due to political tensions, prolonged higher interest rates, and unpredictable trade policies. However, given the current strong fiscal performance, these measures are not deemed necessary at