Day: May 27, 2025

Manila: The National Government (NG) recorded a budget surplus of PHP67.3 billion in April this year due to the slowdown in spending, data from the Bureau of the Treasury (BTr) showed. In its latest cash operations report released on Tuesday, BTr said revenue collections slightly declined to PHP522.1 billion in April from PHP537.2 billion a year ago mainly due to the timing in non-tax collections. According to Philippines News Agency, the temporary decline was offset by the 7.84 percent growth in tax revenues which reached PHP498 billion. In particular, the Bureau of Internal Revenue’s (BIR) collection reached PHP420.5 billion, up

Kuala Lumpur: President Ferdinand R. Marcos Jr. made a strong pitch for climate justice during the 2nd ASEAN-Gulf Cooperation Council (GCC) Summit in Kuala Lumpur, Malaysia, urging developed nations to contribute to the newly established Fund for Responding to Loss and Damage (FRLD), which the Philippines now hosts. According to Philippines News Agency, Marcos highlighted the shared vulnerability of ASEAN and Gulf nations to the worsening impacts of climate change – from rising seas to extreme heat and biodiversity loss. He emphasized the importance of addressing climate change as a defining challenge of our time and pointed out the significant

Manila: The iconic Rizal Memorial Sports Complex (RMSC) in Manila, under the auspices of the Philippine Sports Commission (PSC), is set to host the International Sports Facilities Management Conference and Tradeshow at the Rizal Memorial Coliseum from May 28 to 31. According to Philippines News Agency, the conference, with the theme ‘Elevating Sports Excellence through Sustainable and Safe World-Class Facilities,’ will focus on progressive strategies for developing sports facilities. The PSC aims to enhance sports infrastructure by bringing together experts from various sectors. Representatives from local government units will participate in a walk-through of the complex to observe recent development

Manila: Philippines and Dubai businesses are exploring partnerships to boost two-way trade and investments ahead of the signing of the Comprehensive Economic Cooperation Agreement (CEPA). Among the initial deals between the country and the United Arab Emirates is the memorandum of understanding (MOU) signed by the Philippine Chamber of Commerce and Industry (PCCI) and Dubai Chamber of Commerce in Taguig City on Tuesday. The MOU will facilitate collaboration to foster development and diversification of commercial exchanges and economic cooperation. According to Philippines News Agency, even before the agreement has been signed and has entered into force, the private sector from

Makati City: Police operatives arrested three persons, including a tabloid reporter, for alleged illegal trade of firearms and ammunition in Makati City, the National Capital Region Police Office (NCRPO) said on Tuesday. According to Philippines News Agency, in a press conference at the Southern Police District (SPD) headquarters in Fort Bonifacio in Taguig City, NCRPO Director Maj. Gen. Anthony Aberin stated that the suspects include a relative of a non-winning councilor candidate of Makati City and a building maintenance worker. The SPD-District Special Operations Unit operatives apprehended the suspects during a buy-bust operation in Barangay Guadalupe Nuevo in Makati City