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Day: October 21, 2025

BTr Successfully Raises PHP35 Billion Through Dual-Tranche Treasury Bonds

Manila: The Bureau of the Treasury (BTr) successfully raised PHP35 billion through the issuance of dual-tranche Treasury bonds (T-bonds) on Tuesday. The Auction Committee fully awarded both the reissued seven-year and 25-year T-bonds during the auction. According to Philippines News Agency, the reissued seven-year T-bond, which now has a remaining term of six years and 10 months, achieved an average interest rate of 5.798 percent. This rate is noted to be lower than both the previous auction results and the current seven-year benchmark rate. The demand for this bond was substantial, with the auction being 2.8 times oversubscribed and total

Suspected Chinese Rocket Debris Recovered Off Palawan

Quezon city: The Philippine Navy (PN) announced on Tuesday that it has recovered debris suspected to be from a Chinese rocket off the coast of Palawan during recent maritime operations in the West Philippine Sea. The recovery operation took place over the weekend, marking a significant find in the contested waters. According to Philippines News Agency, PN spokesperson Capt. Marissa Martinez revealed in a press briefing at Camp Aguinaldo that the debris was discovered by the BRP Lolinato To-Ong (PG-902). The object, metallic in nature and bearing a Chinese flag, was found approximately 12.17 nautical miles southeast of Barangay Rio

126 Families in Abra to Benefit from New Socialized Housing Project

Manila: At least 126 families in the municipality of Tayum, Abra province, will soon have safe, decent, and comfortable houses to replace the ones destroyed by a magnitude 7.0 earthquake in 2022, and other calamities. According to Philippines News Agency, Nenilu Cacas, chief of the Public Housing and Settlement Division of the Department of Human Settlement and Urban Development (DHSUD)-Cordillera Administrative Region (CAR), stated that the 126 units stand on a 1.7-hectare property owned by the municipal government of Tayum. This area has been designated as a socialized housing zone for the residents of the municipality. The project, named Indigo

DSWD Chief Leads Relief Efforts in Capiz Following Tropical Storm Ramil

Roxas city: Social Welfare Secretary Rex Gatchalian visited Capiz, including Roxas City, to assess the extent of damage and coordinate response efforts with local government units following the impact of Tropical Storm Ramil. The DSWD chief also conveyed the assurance of President Ferdinand R. Marcos Jr. that extending aid to disaster-hit Capize±os remains among the government’s top priorities amid the series of calamities in various parts of the country. According to Philippines News Agency, in a press conference following his meeting with Roxas City Mayor Ronnie Dadivas, Gatchalian announced that DSWD will provide PHP10,000 emergency cash assistance to each affected

Soybeans Emerge as Pivotal Element in US-China Trade Conflict

Beijing: As trade tensions between the US and China continue to escalate with new measures from both sides, soybeans have become a pivotal element in the ongoing trade conflict. The increasing friction between the two nations has heightened risk perception in global markets, influencing commodity prices. According to Philippines News Agency, China recently implemented additional restrictions on the export of rare earth elements. In response, US President Donald Trump announced a 100 percent tariff on top of the existing rate on Beijing, effective November 1, and imposed export controls on all critical software. Trump has accused China, through a social

SEC Warns Caraga Residents of Illegal Investment Schemes

Butuan city: The Securities and Exchange Commission in Butuan City (SEC-Butuan) warned residents in the Caraga Region about two illegal investment schemes. According to Philippines News Agency, the SEC advisory states that De Guzman Consumer Goods Trading, owned by Rosemary De Leon De Guzman, is enticing the public to become investors or co-partners in a farming and trading business. The scheme allegedly promises returns ranging from 60 percent to 200 percent within 30 to 60 days. The SEC clarified that the entity is not registered as a corporation or partnership and operates without the necessary license or authority to solicit