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Day: June 9, 2025

Fuel Prices to Rise as Oil Firms Announce Below PHP1 Hike

Manila: Fuel prices are set to increase on Tuesday, as oil firms announced below PHP1 price hike. In separate advisories, Caltex, Cleanfuel, Jetti, Petro Gazz, Seaoil, and Shell said they will increase gasoline by 60 centavos per liter and diesel prices by 95 centavos per liter. Caltex, Seaoil, and Shell will also adjust upward the prices of kerosene by 30 centavos per liter. These oil firms will change the fuel prices as early as 6 a.m. of June 10. Other industry players are expected to follow suit with the oil price hike announcement. According to Philippines News Agency, the oil

BTr Fully Awards T-Bills, Raising PHP28.6 Billion for National Government

Manila: The Bureau of the Treasury (BTr) has successfully raised PHP28.6 billion for the national government after fully awarding Treasury bills (T-bills) in Monday’s auction. The Auction Committee decided to fully award the 91-, 182-, and 364-day T-bills, which were 3.9 times oversubscribed with total tenders reaching PHP98.3 billion. According to Philippines News Agency, the 91-, 182-, and 364-day T-bills fetched average rates of 5.451 percent, 5.524 percent, and 5.656 percent, respectively. These yields were lower than the previous week’s average rates for all tenors. Rizal Commercial Banking Corp. chief economist Michael Ricafort noted that the slight easing of Treasury

DMW and BOC Collaborate to Safeguard OFWs from Balikbayan Box Frauds

Mandaluyong City: The Department of Migrant Workers (DMW) and the Bureau of Customs (BOC), alongside key government partners, have enhanced protection measures for overseas Filipino workers (OFWs) against fraudulent freight forwarders through a Joint Administrative Order (JAO) focused on “balikbayan” boxes. According to Philippines News Agency, the signing event took place at the DMW office in Mandaluyong City on Monday, where Migrant Workers Secretary Hans Leo Cacdac highlighted that this joint order addresses widespread complaints from OFWs regarding undelivered, delayed, or lost balikbayan boxes. He emphasized that this initiative aligns with President Ferdinand R. Marcos Jr.’s directive to provide necessary

Escudero: Impeachment Hinges on Constitutional Process, Not Politics

Manila: Senate President Francis Escudero on Monday defended the handling of the impeachment case against Vice President Sara Duterte, insisting that any move to convene as an impeachment court must strictly follow constitutional and procedural rules, not political pressure. Escudero addressed growing calls from civil society, law schools, and fellow lawmakers urging the Senate to act on the articles of impeachment transmitted by the House of Representatives in February. According to Philippines News Agency, Escudero reiterated that while he plans to convene the Senate as an impeachment court on June 11, all actions must proceed through motions and plenary votes

PH Embassy Inaugurates Consulate In Botswana

Gaborone: The Philippines has formally reopened its consular mission in Gaborone, Botswana following its temporary closure in March 2022. In a news release Monday, the Department of Foreign Affairs said the inauguration was led by Philippine Ambassador Noralyn Jubaira Baja. According to Philippines News Agency, Baja stated that the Philippine government is committed to bringing consular services closer to the Filipino community in Botswana. She highlighted that the reopening of the consulate signifies a deepening of bilateral relations between the Philippines and Botswana, which has a long and rich history. There are approximately 200 Filipinos in Botswana, as noted by

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