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Day: July 30, 2025

PSEi and Peso Decline as US Tariff Rate Implementation Looms

Manila: Worries about the impact of higher tariffs on Philippine exports continue to affect investors’ sentiment, as seen in the local bourse’s performance on Wednesday, with the main index dropping and the peso sustaining its depreciation. According to Philippines News Agency, the Philippine Stock Exchange index (PSEi) fell by 0.11 percent to 6,318.23 points, while the All Shares index decreased by 0.09 percent to 3,776.59 points. Most sectoral indices followed this downward trend, with Financials down by 0.59 percent, Holding Firms by 0.33 percent, Mining and Oil by 0.13 percent, and Services by 0.11 percent. The trading volume totaled 799.99

New Police Regional Office Director Takes Command in Caraga Region

Butuan city: Brig. Gen. Marcial Mariano Magistrado IV officially assumed his role as director of the Police Regional Office in the Caraga Region (PRO-13) on Wednesday. He succeeded Brig. Gen. Christopher Abrahano, who has been appointed to lead the Criminal Investigation and Detection Group. The turnover of command was overseen by Maj. Gen. Neri Vincent Ignacio, the acting chief of the Directorial Staff of the Philippine National Police. According to Philippines News Agency, Magistrado expressed his commitment to uphold the Constitution and serve the Filipino people with nationalism and integrity as he embarks on his new role. He emphasized the

BFAR Antique Turns Over Fingerlings to Support Risk Resiliency Program

Antique: The Bureau of Fisheries and Aquatic Resources (BFAR) Antique provincial office is now in the process of turning over tilapia fingerlings in support of the Risk Resiliency Program (RRP) being implemented in the province to ensure food security, especially among the vulnerable sectors. According to Philippines News Agency, Armil Gayorgor, Department of Social Welfare and Development (DSWD) Regional Office 6 Project Development Officer II and in charge of the program in the province, said in an interview Wednesday that the tilapia fingerlings are for the implementation of the RRP or on the Local Adaptation to Water Access (LAWA) and

Marcos Admin’s Bloodless Anti-Drug Campaign Stays Effective

San juan city: Halfway into President Ferdinand R. Marcos Jr.’s tenure, his administration’s bloodless anti-narcotics drive remains effective, with more than 153,000 drug suspects arrested and over PHP80 billion worth of drugs seized from July 2022 to June 2025. According to Philippines News Agency, Interior Secretary Jonvic Remulla emphasized during the post-State of the Nation Address (SONA) discussion session that the drug war is working without any fatalities. He criticized the previous administration’s reward system, which led to a culture of corruption within law enforcement, where confiscated drugs were used as incentives. Remulla highlighted a decrease in the demand and

DMW Seals Legal, Digital Ties to Fight Human Trafficking

Mandaluyong city: The Department of Migrant Workers (DMW) has ramped up efforts to combat human trafficking, illegal recruitment, and online job scams by partnering with the Integrated Bar of the Philippines (IBP) and TikTok Philippines. In a signing ceremony on Wednesday at the DMW office in Mandaluyong City, Migrant Workers Secretary Hans Leo Cacdac said the initiative aligns with the observance of the World Day Against Trafficking in Persons, held annually on July 30. According to Philippines News Agency, the DMW signed a memorandum of agreement (MOA) with the IBP, aiming to provide easier access to justice and other legal

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