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Day: October 1, 2025

Marcos Pledges Ongoing Support for Masbate Following Opong Devastation

Masbate city: President Ferdinand R. Marcos Jr. has committed to continuous relief and recovery initiatives for Masbate, which has been declared a state of calamity due to the severe impact of Tropical Storm Opong. During a visit to the Nursery Elementary School in Masbate City, Marcos emphasized the government’s dedication to aiding affected residents. According to Philippines News Agency, Marcos assured the citizens of Masbate that assistance would persist until all displaced families and communities have fully recuperated from the devastation caused by Opong. The storm severely damaged infrastructure, disrupted livelihoods, and hindered access to essential services. In his address,

Families Affected by Severe Weather Breach 1-M Mark

Manila: Families affected by the recent inclement weather have reached 1,080,389, while the number of reported fatalities is now 37, the National Disaster Risk Reduction and Management Council (NDRRMC) said Wednesday. According to Philippines News Agency, in its latest report, the NDRRMC stated that the affected families, equivalent to 4,126,499 persons, are from 8,791 barangays in 16 regions nationwide. As of Wednesday morning, 22,624 families are being sheltered in 1,123 evacuation centers, while another 11,528 are staying elsewhere. Meanwhile, of the 37 deaths reported, only four are verified so far, all in the Cordillera Administrative Region (CAR), the NDRRMC said.

PBBM Condoles with Cebu Quake Victims, Vows Prompt Aid

Manila: President Ferdinand R. Marcos Jr. on Wednesday extended his condolences to the victims of the magnitude 6.9 earthquake that struck Cebu province on Tuesday night. In a statement, Marcos said the government will provide immediate assistance to the affected areas. According to Philippines News Agency, the President expressed his heartfelt condolences to the families who lost their loved ones and prayed for the safety of those injured and affected by the earthquake. He stated that Cabinet Secretaries are already on the ground to provide assistance and assess the damage caused by the earthquake and its aftershocks. Marcos urged everyone

BSP Revises Balance of Payment Projections Amid Global Headwinds

Manila: The country’s balance of payments (BOP) is projected to remain in deficit in the next two years due to global headwinds, the Bangko Sentral ng Pilipinas (BSP) said. According to Philippines News Agency, the BOP is a summary of the economic transactions of a country with the rest of the world for a specific period. The overall position can be in surplus, deficit, or balance. In a statement on Wednesday, the BSP said the BOP is expected to register a deficit of USD6.9 billion this year, bigger than the earlier USD6.3 billion deficit projection. For 2026, the BSP also

DOE Steps In To Assist With Power Restoration In Devastated Areas

Manila: Teams from the Department of Energy’s (DOE) Task Force on Energy Resiliency are already deployed to provinces battered by recent typhoons, with another team on the way to Cebu following Tuesday night’s earthquake. During the Commission on Appointments’ deliberation on her ad interim appointment, Energy Secretary Sharon Garin said the task force was activated immediately after the disasters to coordinate with the National Power Corporation, National Electrification Administration, National Grid Corporation of the Philippines, TransCo, and oil companies. According to Philippines News Agency, Garin stated, “Once it’s activated, all stakeholders are gathered in order for us to have information

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