Day: August 7, 2025

Manila: The country’s foreign reserves remained healthy despite the slight decline in July, the Bangko Sentral ng Pilipinas (BSP) said. Data released Thursday showed that the gross international reserves (GIR) settled at USD105.7 billion in July, slightly lower than the USD106 billion recorded as of end-June. According to Philippines News Agency, GIR are made up of foreign-denominated securities, foreign exchange, and other assets including gold. These reserves help a country finance its imports and foreign debt obligations, stabilize its currency, and provide a buffer against external economic shocks. Despite the decline, the BSP said the latest GIR level provides a

Naga city: The National Food Authority in Bicol (NFA-5) announced that it has stored 823,820 bags of palay (unhusked rice) in various warehouses across the Bicol Region. This stockpile is intended to support the PHP20 per kilogram initiative under the “Benteng Bigas Meron (BBM) Na” program and to provide assistance during calamities. According to Philippines News Agency, during a press conference at the Philippine Statistics Authority regional office, Menna Endaya, the NFA-5 operations officer, detailed the distribution of the palay inventory. The stock comprises 194,507 bags in Albay, 499,401 bags in Camarines Sur, and 129,912 bags in Sorsogon. Additionally, there

Tuguegarao: General aviation operations in Tuguegarao Airport were suspended, and four flights to and from Tuguegarao were canceled amid the inclement weather caused by a low pressure area (LPA), the Civil Aviation Authority of the Philippines (CAAP) reported on Thursday. Operations of SkyPasada as well as aviation training schools in the area were likewise suspended. According to Philippines News Agency, CAAP said there were 561 passengers affected by the canceled flights: Cebu Pacific 5J 504/505 and Philippine Airlines PR 2014/2015 Manila – Tuguegarao – Manila. Passengers are advised to coordinate with their respective airlines for further flight information and rebooking

Manila: The Philippine National Police-Highway Patrol Group (PNP-HPG) has intensified its nationwide crackdown on carnapping and traffic violations, leading to the issuance of over 15,000 traffic violation tickets and the seizure of 1,500 motorcycles during a weeklong operation from July 27 to August 3. According to Philippines News Agency, HPG Director Brig. Gen. William Segun announced that HPG units across the country were responsible for the arrest of seven individuals wanted for carnapping, the recovery of 25 stolen motor vehicles and nine stolen motorcycles, and the impounding of 293 motor vehicles along with 1,503 motorcycles. These results were achieved through

Iloilo city: Vice Mayor Lady Julie Grace Baronda has expressed her intention to review the Iloilo City Parental Responsibility Ordinance following recent incidents involving minors. On August 1, seven minors were implicated in separate stabbing incidents at Jaro plaza, and on August 3, 19 minors were involved in a melee in the Mandurriao district. According to Philippines News Agency, Baronda, who previously served as an executive assistant until 2024, mentioned that discussions for the ordinance’s implementing rules and regulations had been underway with the City Social Welfare and Development Office (CSWDO). “Since I am here as the vice mayor, it’s