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Day: September 22, 2025

Slower Decline in Food Prices Drives Up Davao Region Inflation

Davao: The year-on-year headline inflation of the Davao Region inched up to -0.1 percent in August 2025 from -0.4 percent in July, the Philippine Statistics Authority-Davao (PSA-11) reported Monday. In the same period last year, the region’s inflation was significantly higher, at 4.9 percent. According to Philippines News Agency, the slight increase in the region’s overall inflation was primarily driven by a slower rate of price decline in transport at -0.5 percent from -2.0 percent; food and non-alcoholic beverages at -2.1 percent from -2.4 percent; and housing, water, electricity, gas, and other fuels at -0.4 percent from -1.0 percent. Additionally,

PSEi Declines While Peso Strengthens Ahead of Fed Official Speeches

Manila: The Philippine Stock Exchange index (PSEi) declined while the local currency strengthened Monday, ahead of the speeches of US Federal Reserve officials this week and the impact of the latest domestic situation. After four consecutive days of rise last week, the local bourse’s main index started this week down by 0.79 percent to 6,214.83 points, and the All Shares by 0.31 percent to 3,729.29 points. According to Philippines News Agency, half of the sectoral gauges tracked the main index, namely Financials, 2.14 percent; Holding Firms, 0.68 percent; and Property, 0.42 percent. On the other hand, Mining and Oil rose

Church Leaders’ Group Hails Outcome of Anti-Corruption Rallies

Manila: A group of Church leaders on Monday expressed satisfaction over the outcome of the previous day’s mass demonstrations against corruption, calling it a “miracle” that must be “nurtured.” According to Philippines News Agency, Church Leaders Council for National Transformation lead convenor Bishop Jose Colin Bagaforo stated that the rallies “kindle a moral fire in our hearts to eradicate corruption once and for all.” He urged that this “miracle” be nurtured until their demands are fully realized, emphasizing that the battle against corruption shall continue. On Sunday, tens of thousands of people from various sectors of society gathered in different

2 Taiwanese Human Traffickers Nabbed, 5 OFWs Rescued at NAIA

Pasay city: Two Taiwanese nationals allegedly behind the illegal recruitment of Filipinos for scam hubs abroad were arrested, while five aspiring overseas Filipino workers (OFWs) were rescued at Ninoy Aquino International Airport (NAIA) Terminal 3 in Pasay City on Monday. According to Philippines News Agency, the Department of Migrant Workers (DMW) said the operation was done in coordination with the Overseas Workers Welfare Administration, Philippine National Police-Women and Children Protection Center, Bureau of Immigration, Inter-Agency Council Against Trafficking, and NAIA Task Force Against Trafficking. “The arrest of these illegal recruiters and human traffickers is our bold and firm message to

Super Typhoon Nando Pummels Northern Luzon with Intense Winds and Rain

Manila: Super Typhoon Nando continued to pound Northern Luzon with destructive winds and heavy rains on Monday as it moved away from the Babuyan Islands, according to the state weather bureau. According to Philippines News Agency, as of 4 p.m., despite its westward movement, Nando maintained peak intensity with maximum sustained winds of 215 kph and gusts of up to 295 kph, leaving large parts of Northern Luzon under multiple tropical cyclone wind signals (TCWS). Signal No. 5 remained hoisted over the Babuyan Islands, where typhoon-force winds prevail, as of posting time. At the Bagong Pilipinas Ngayon briefing on Monday,

Chinese Journalist Sentenced to Additional Four Years for Wuhan Covid Reporting

Beijing: Zhang, a Chinese journalist who reported on the early spread of Covid-19 in Wuhan, has been sentenced to an additional four years in prison, according to Reporters Without Borders (RSF). The 42-year-old received the new sentence on September 19, just over a year after her release from a prior four-year term imposed in 2020 on charges of ‘picking quarrels and causing trouble.’ The same charge has been used against her once more, RSF stated. According to Philippines News Agency, Zhang was initially arrested in December 2020 after she published videos, posts, and firsthand accounts from Wuhan that contradicted the