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Day: July 23, 2025

AMRO Predicts Steady Economic Growth for the Philippines Despite Global Slowdown

Manila: Philippine economic growth is projected to remain robust despite a global economic slowdown and the introduction of a 19 percent US reciprocal tariff, according to an economist from the ASEAN+3 Macroeconomic Research Office (AMRO). In a recent virtual briefing, AMRO Group Head and Principal Economist Allen Ng emphasized that the direct impact of the tariff on the Philippine economy would be limited. According to Philippines News Agency, AMRO anticipates slower economic growth for the Philippines due to the expected deceleration of the global economy. The July ASEAN+3 Regional Economic Outlook (AREO) by AMRO forecasts Philippine economic growth of 5.6

P1-M Shabu and Gun Seized in Surigao City Drug Sting

Surigao city: Authorities arrested a high-value drug suspect and seized over PHP1 million worth of shabu during a buy-bust operation in Surigao City on Tuesday, an official said Wednesday. According to Philippines News Agency, in a report, Col. Warren Dablo, director of the Surigao del Norte Provincial Police Office (SDNPPO), stated that the suspect, identified as a 51-year-old male resident of the city’s Barangay Taft, was also found in possession of a firearm. Police confiscated four heat-sealed sachets containing 150.2 grams of shabu, valued at approximately PHP1,021,292, along with a .45-caliber pistol and ammunition from the suspect. “The SDNPPO remains

PBBM’s US Visit Strengthens PH Global Standing – Romualdez

Manila: President Ferdinand R. Marcos Jr.’s official visit to the United States, resulting in a new trade and defense arrangement, has placed the country on a stronger footing in global affairs, Leyte 1st District Rep. Ferdinand Martin Romualdez said on Wednesday. In a statement, Romualdez highlighted that the outcome of Marcos’ discussions with US President Donald Trump laid a foundation for broader access to markets, deeper military partnerships, and more opportunities for Filipinos both at home and abroad. According to Philippines News Agency, Romualdez emphasized that the visit was more than just an official working engagement. He described it as

LGUs Urged to Maintain High Alert as Severe Weather Persists

Manila: All local government units (LGUs) have been instructed to remain on high alert as severe weather conditions, driven by the enhanced southwest monsoon, Tropical Storm Dante (international name Francisco), and Tropical Depression Emong, are expected to continue until early next week, Interior Secretary Jonvic Remulla announced. According to Philippines News Agency, Remulla assured the public that LGUs have been reminded of their responsibilities, particularly regarding preemptive evacuation and risk communication in hazard-prone areas. The Department of the Interior and Local Government (DILG) is closely monitoring the situation on the western side of the country. “The weather is forecast to

Tilapia Prices Plummet in Lake Sebu Following Massive Fish Kill

Lake sebu: Prices of freshwater “tilapia” have significantly dropped in Lake Sebu following a massive fish kill, locally known as “kamahong,” affecting fish cages in the lake, an official said Wednesday. The sudden decline in prices has been attributed to the recent environmental issues plaguing the area. According to Philippines News Agency, the municipal lake custodian, Jose Rudy Muyco, revealed that the fish kill resulted in a large number of tilapia deaths, primarily due to a lack of oxygen and sudden changes in water temperature caused by heavy rains in the past few days. Muyco mentioned in a radio interview

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