Day: June 16, 2025

Bohol: The government has officially turned over the operations of Bohol Panglao International Airport (BPIA) to Aboitiz InfraCapital, Inc. (AIC). BPIA, one of the country’s busiest gateways, will undergo a series of upgrades under a PHP4.53-billion public-private partnership. According to Philippines News Agency, the official handover marks the beginning of a new chapter for Bohol-Panglao International Airport. AIC vice president and head of the Airports Business, Rafael Aboitiz, stated that the company is committed to transforming BPIA into a globally competitive gateway that reflects the beauty and hospitality of Bohol, while helping unlock its full tourism and economic potential. The

Manila: President Ferdinand Marcos Jr. will thoroughly evaluate the proposed Konektadong Pinoy Bill once it reaches his desk, Malaca±ang said Monday, following concerns raised by telecommunications companies over potential national security and competition risks. According to Philippines News Agency, Presidential Communications Office Undersecretary and Palace Press Officer Claire Castro gave the assurance during a press briefing, although she said the Office of the President has yet to receive the final version of the bill for review. ‘As of now, we have been informed that no document has been given to the Office of the President,’ Castro said. ‘But rest assured

Milaor: The Police Regional Office in Bicol (PRO-5) has arrested 31 suspects and seized around PHP21.2 million worth of illegal narcotics from June 9 to 15. In a report on Monday, the PRO-5 said those arrested include eight high-value individuals, 22 street-level suspects, and one newly identified drug personality. According to Philippines News Agency, the 23 operations during the period resulted in the seizure of 1,718.428 grams of shabu, 80,101.50 grams of dried marijuana leaves, and 100 grams of hybrid marijuana known as ‘kush.’ One notable arrest involved the interception of 80 kilos of dried marijuana valued at PHP9.6 million,

Manila: The Bureau of Customs (BOC) announced on Monday that it successfully thwarted a smuggling attempt earlier this month, involving 3,004 pieces of ecstasy tablets concealed in a shipment labeled as “animal food.” The tablets, valued at PHP5 million, were intercepted before reaching their intended destination. According to Philippines News Agency, Port of Clark District Collector Jairus Reyes revealed in a delayed statement that the parcel, which arrived on June 4 and was valued at approximately PHP5.126 million, originated from Paris, France. It was intended for delivery to Taguig City. The interdiction was a result of information provided by the

Manila: Results were mixed during Monday’s Treasury bills (T-bills) auction as the Auction Committee decided to fully award bids for the 182- and 364-day T-bills while partially awarding the 91-day securities. The 182- and 364-day T-bills fetched average rates of 5.523 percent and 5.657 percent, respectively. The 91-day T-bill, meanwhile, was capped at 5.490 percent. According to Philippines News Agency, Rizal Commercial Banking Corporation chief economist Michael Ricafort commented on the situation, stating, “The Treasury bill average auction yields were mostly marginally higher but essentially little changed after the latest Israel-Iran war that led to global crude oil prices to