Day: May 6, 2025

Manila: The Bangko Sentral ng Pilipinas (BSP) on Tuesday stated that the latest inflation data aligns with its assessment of a manageable inflation environment. “The April 2025 inflation outturn is within the BSP’s forecast range of 1.3 to 2.1 percent. The latest inflation outturn is consistent with the BSP’s assessment of manageable inflation environment over the policy horizon with the downward revision in baseline inflation forecasts, aided primarily by the continued easing of commodity price pressures,” the central bank mentioned in a statement. According to Philippines News Agency, headline inflation further eased to 1.4 percent in April from 1.8 percent

Manila: President Ferdinand Marcos Jr. has ordered an immediate investigation into the installation and procurement of bollards or vehicle barriers at the Ninoy Aquino International Airport (NAIA) Terminal 1, following a tragic incident that killed two people. In a press briefing at Malaca±ang, Palace Press Officer Claire Castro confirmed that the bollards, which failed to stop an SUV that rammed into people outside Terminal 1, were installed in 2019 during the administration of former president Rodrigo Duterte and under the leadership of then-transportation secretary Arthur Tugade. According to Philippines News Agency, Castro stated that it is saddening that lives were

Manila: Malaca±ang has declared Monday, May 12, as a special non-working holiday across the country to facilitate the 2025 national and local elections. Executive Secretary Lucas Bersamin, acting on the authority of President Ferdinand R. Marcos Jr., signed Proclamation 878 on Tuesday to ensure that citizens have the opportunity to exercise their right to vote without the interference of work obligations. According to Philippines News Agency, the decision to declare May 12 as a holiday came after the Commission on Elections (Comelec) recommended that the date be set aside to encourage voter participation. The holiday aims to provide registered voters

Manila: May as National Heritage Month is the perfect time for Filipinos to honor the country’s rich cultural legacy and embrace their shared responsibility in preserving it for future generations. According to Philippines News Agency, Senator Loren Legarda, who chairs the Senate Committee on Culture and the Arts, emphasized in a news release that National Heritage Month, established through Presidential Proclamation No. 439 in 2003, serves as a reminder of the valuable lessons and forward path provided by the country’s past. The proclamation aims to raise public consciousness and support for the preservation of both tangible and intangible heritage. Legarda

Manila: The Philippine National Police-Criminal Investigation and Detection Group (PNP-CIDG) has successfully apprehended 22 fugitives charged with rape and sexual abuse in a series of operations conducted from May 1 to 4 across various regions in the country. According to Philippines News Agency, CIDG Director Maj. Gen. Nicolas Torre III disclosed that 13 of those arrested were from Mindanao, seven from Luzon, and two from Visayas. Torre stated that the arrests were crucial in preventing future incidents of rape and providing justice for 22 victims and their families. Out of the 22 individuals apprehended, 14 were identified as most wanted