Day: July 7, 2025

Manila: The Department of Social Welfare and Development (DSWD) and the Department of Agriculture (DA) have introduced the ‘Benteng Bigas, Meron na sa WGP’ program to provide PHP20 per kilogram rice to over 300,000 beneficiaries of the Walang Gutom Program (WGP). According to Philippines News Agency, DSWD Secretary Rex Gatchalian and DA Assistant Secretary Genevieve Velicaria-Guevarra signed a memorandum of understanding to mark the initiative’s launch during the WGP beneficiaries’ Redemption Day at Barangay 69 in Tondo, Manila. The agreement reinforces the collaborative effort to meet President Ferdinand R. Marcos Jr.’s directive to ensure vulnerable populations have access to affordable

Manila: Continued slide of global oil prices helped lift the Philippine Stock Exchange index (PSEi) Monday, while expectations for more Bangko Sentral ng Pilipinas (BSP) rate cuts this year resulted in another correction of the peso. The main stocks gauge rose 0.46 percent to 6,425.24 points, which Rizal Commercial Banking Corporation (RCBC) chief economist Michael Ricafort said is among the highest since May 28 this year. According to Philippines News Agency, the broader All Shares index also ended on a positive note after rising by 0.40 percent to 3,779.93 points. Most of the sectoral indices tracked the main index, led

Bataan: The Philippine Coast Guard (PCG) has successfully rescued two missing fishermen in the waters off Orion, Bataan. The rescue operation was carried out on Monday, ensuring the safety of the individuals who had been reported missing since the previous day. According to Philippines News Agency, the PCG’s search and rescue (SAR) operation was led by the PCG Station Bataan (CGS Bataan) and the vessel BRP Boracay (FPB-2401). This effort aligns with President Ferdinand R. Marcos Jr.’s commitment to maritime safety in Philippine waters. The operation was initiated in response to a report submitted on Sunday regarding the disappearance of

Manila: Anti-Red Tape Authority (ARTA) Secretary Ernesto Perez on Monday expressed optimism for a fair competition through regulatory practices and improved trade policy openness for the upcoming Philippines-European Union Free Trade Agreement (PH-EU FTA). According to Philippines News Agency, ARTA serves as the lead negotiator for the Transparency and Good Regulatory Practices (GRP) chapters of the FTA. “We believe that these negotiations on Transparency and GRP will create a strong foundation for the overall PH-EU FTA and contribute positively to its successful ratification and implementation,” Perez said in a statement. Representatives from the Philippine government and the EU held the

Manila: The Department of Science and Technology (DOST) has announced that the Philippines is cultivating a robust economic environment centered around e-sports and game development. This statement was made by Warren Gomez, chief science research specialist of DOST-National Capital Region, emphasizing the agency’s commitment to fostering local talent and promoting tech-driven entrepreneurship. According to Philippines News Agency, Gomez highlighted that in developed nations, e-sports and game development have become billion-dollar industries. He noted that the Philippines is among the countries with a significant number of e-sports enthusiasts. Gomez expressed optimism that with the successful development of local talent, the country