Day: October 9, 2025

Manila: The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) further reduced policy rates by another 25 basis points on Thursday, noting that inflation will remain within target range while growth outlook weakened. The BSP has so far reduced policy rates by a total of 175 basis points since last year. According to Philippines News Agency, the latest cut brings the BSP’s Target Reverse Repurchase (RRP) to 4.75 percent and the interest rates on the overnight deposit and lending facilities to 4.25 percent and 5.25 percent, respectively. In a briefing, BSP Governor Eli Remolona Jr. noted that the outlook

Pangasinan: Twelve local government units (LGUs) in La Union province and ten others in Pangasinan suspended classes on Thursday afternoon following a 4.4 magnitude earthquake with its epicenter in Pugo, La Union. The quake jolted La Union, Pangasinan, and nearby provinces at 10:30 a.m. Thursday, according to the Philippine Institute of Volcanology and Seismology. According to Philippines News Agency, the La Union Provincial Disaster Risk Reduction and Management Office (PDRRMO) reported that the LGUs of Bauang, Tubao, Rosario, Pugo, Caba, Santol, Burgos, Santo Tomas, Aringay, Naguilian, Bagulin, and Agoo suspended classes. Furthermore, the La Union LGUs of Tubao, Pugo, Burgos,

Siargao: The Department of Environment and Natural Resources (DENR) 13 (Caraga Region) has announced the launch of its ‘Services on Wheels’ program, which will be available across Siargao Island, Surigao del Norte from October 9 to 29. According to Philippines News Agency, this initiative is led by the Project Management Office of the Siargao Island Protected Landscape and Seascape. The program is designed to assist residents in avoiding the lengthy journey to mainland Mindanao, thereby reducing additional travel expenses for various transactions. The mobile services will be made available in the towns of San Benito and Del Carmen from October

Cebu: Cebu Governor Pamela Baricuatro has commended the Philippine Charity Sweepstakes Office (PCSO) for its decisive action and unwavering commitment to public service following the disastrous 6.9 magnitude earthquake that struck Cebu and nearby provinces on Sept. 30. According to Philippines News Agency, Baricuatro particularly hailed PCSO’s rapid deployment of relief aid and vital medical support through its Bayanihan Aid Caravan, stating that the PCSO was among the very first national agencies to roll out assistance for victims in the immediate aftermath of the earthquake. ‘We are deeply grateful to PCSO for your rapid response and for reaching out to

Victorias city: The Sugar Regulatory Administration (SRA) has partnered with industry stakeholders in northern Negros to establish a high-yielding variety nursery and soils laboratory in Victorias City, Negros Occidental. The facility, situated within the Victorias Milling Company (VMC) compound, is poised to become a regional hub for sugarcane innovation, facilitating the development of resilient, high-yield varieties and advancing scientific approaches to soil health and farm productivity. According to Philippines News Agency, SRA Administrator and Chief Executive Officer Pablo Luis Azcona emphasized the importance of bringing research and laboratory services closer to farmers in northern Negros, an area vital to national