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Day: October 21, 2025

Aurora Road Sections Restricted to One Lane After Landslides

Aurora: Several sections of major roads in Aurora province remain restricted to one-lane traffic following landslides and floods caused by continuous rains brought by Tropical Storm Ramil, the Department of Public Works and Highways-Aurora District Engineering Office said Monday. Although no typhoon signal was raised over the province, cloudy weather conditions persist, impacting the Baler-Casiguran and Maddela-Dinadiawan Roads – two important routes connecting several municipalities in northern Aurora. According to Philippines News Agency, portions of the Baler-Casiguran Road are limited to one lane for heavy vehicles only, while other sections are passable with caution due to debris flow. Further north

DBM Allocates Over PHP783 Million for 2023 Performance-Based Bonuses of Navy, Air Force, and Intelligence Agency Personnel

Manila: The Department of Budget and Management (DBM) has announced the release of approximately PHP783.28 million to fund the 2023 Performance-Based Bonus (PBB) for personnel of the Philippine Navy (PN), the Philippine Air Force (PAF), and the National Intelligence Coordinating Agency (NICA). The funds were distributed to these three agencies through separate Special Allotment Release Orders (SAROs). According to Philippines News Agency, the DBM allocated about PHP421.985 million on October 17 to cover the PBB for 25,821 qualified officials and employees of the Philippine Navy. Each eligible PN official and employee will receive a bonus equivalent to 48.75 percent of

GSIS Eyes Stronger Reforms, Improved Fund Management With New Trustees

Manila: The Government Service Insurance System (GSIS) on Tuesday said it is pursuing stronger reforms in fund management and service delivery following the appointment of three new members to its governing board. In a statement, the state pension fund said the inclusion of Gilbert Tan Sadsad, president of the Philippine Public School Teachers Association (PPSTA), and sectoral representatives Enrico Gregorio Molina Trinidad and Cenon Cruz Audencial Jr. from the banking, finance, investment, and infrastructure sectors would bolster its institutional reforms. According to Philippines News Agency, ‘Their extensive experience will be invaluable as we build on the pension fund’s historic gains,’

BSP Allows Overseas Filipinos to Invest in Central Bank Securities

Manila: The Bangko Sentral ng Pilipinas (BSP) has updated its rules to give more overseas Filipinos more investment options. In a statement Tuesday, the BSP said Personal Equity and Retirement Account (PERA) Unit Investment Trust Funds (UITFs) are now exempt from the non-resident ownership rule that previously limited their ability to invest in BSP securities. According to Philippines News Agency, the move reflects BSP’s continued effort to promote financial health. It helps Filipinos, both at home or abroad, build secure and sustainable retirement savings. It also helps develop the country’s private pension system and strengthens domestic capital markets. Non-residents are

DSWD Initiates Fourth Quarter Social Pension Distribution in Davao Region

Davao city: The Department of Social Welfare and Development (DSWD) 11 (Davao Region) announced Tuesday that they began distributing the fourth quarter social pension to indigent seniors in this city and Davao Occidental province. During the first week of the payout from Oct. 13 to 17, the agency said about 20,000 indigent senior citizens received PHP3,000 each in financial assistance for October, November, and December. According to Philippines News Agency, this distribution is part of the Social Pension Program targeting impoverished senior citizens who lack steady income or family support. The program provides a monthly stipend of PHP1,000 to qualifying

Ormoc City Celebrates Charter Day by Honoring 44 Local Businesses

Manila: As part of its 78th Charter Day celebration, this city on Monday night recognized 44 outstanding small businesses based on consumer choice, highlighting local excellence in food, services, and retail. Mayor Lucy Torres-Gomez, who led the awarding ceremony at the Ormoc City Stage, emphasized the importance of showcasing homegrown businesses that have earned the trust and loyalty of residents and visitors alike. According to Philippines News Agency, of the 44 awardees, 27 were recognized in the restaurant category; 10 were in the services category, including accommodations, salons, and catering; seven were honored in the retail sector category. A crowd