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Day: October 22, 2025

Misamis Oriental Warns Against Shellfish Consumption Amid Algal Bloom in Tagoloan

Manila: The provincial government has issued a warning against purchasing locally sourced shellfish following the confirmation of an algal bloom that has caused discoloration in the waters of Tagoloan municipality. According to Philippines News Agency, the Provincial Environment and Natural Resources Office (PENRO) confirmed the algal bloom after conducting laboratory tests in collaboration with the Bureau of Fisheries and Aquatic Resources (BFAR) 10 (Northern Mindanao). These tests were performed on the waters of the coastal barangays Gracia and Baluarte in Tagoloan. BFAR had issued an initial advisory on October 18, after discoloration was observed the previous day. The phenomenon was

BSP Amends Islamic Banking Unit Guidelines to Boost Sector

Manila: Rules governing the operation of Islamic Banking Units (IBUs) have been amended to encourage more players and help boost the country’s Islamic banking sector. The Bangko Sentral ng Pilipinas (BSP) clarified that IBUs need not have a separate capital requirement since these are just a division or department of a conventional bank, even if it follows the principles of Shari’ah banking, which prohibit the imposition of interest on borrowings. According to Philippines News Agency, the BSP stated in a press release that the processing fee for an IBU license will follow the fees corresponding to the bank’s category. The

Valkyries March to WMPBL Finals

Montalban: New Zealand Bluefire-Batangas whipped Tagaytay-Tol, 80-64, Wednesday night to reach the 2025 Women’s Maharlika Pilipinas Basketball League (WMPBL) Finals at the Ynares Center in Montalban, Rizal. Afril Bernardino finished with 22 points, 10 rebounds, three assists, and three steals, while Khate Castillo added 20 points, including six triples. According to Philippines News Agency, Pringle Fabruada had 10 points and six rebounds, while Snow Pe±aranda and Rizza Lozada chipped in seven and six points, respectively. ‘We had a winning mentality right from the start. We didn’t want to give any kind of life to Tagaytay-Tol because it’s a very dangerous

P1-Trillion National Tax Allotment Boosts LGUs’ HEARTS Projects – DOF

Manila: Health, education, agriculture and environment, roads and infrastructure, technology and security, and social protection (HEARTS) projects of the local government units (LGUs) have been ensured as their share in the National Tax Allotment (NTA) has been increased. According to Philippines News Agency, citing the 2019 Mandanas-Garcia ruling of the Supreme Court (SC), the Department of Finance (DOF) announced that LGUs’ share in the NTA has been increased to 40 percent of all national taxes, instead of those only collected by the Bureau of Internal Revenue (BIR). “This means greater capacity for LGUs to improve the delivery of essential services