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Day: October 28, 2025

Corruption Concerns Will Not Affect ASEAN 2026 Hosting, Says President Marcos

Kuala lumpur: President Ferdinand R. Marcos Jr. addressed concerns regarding corruption issues in the Philippines, assuring that they will not impact the nation’s preparations for hosting the Association of Southeast Asian Nations’ (ASEAN) Summit and Related Summits in 2026. According to Philippines News Agency, during a media interview in Kuala Lumpur, Malaysia, President Marcos stated that local issues such as alleged anomalies in flood control projects have no relevance to the Philippines’ role as the ASEAN chair in the upcoming summit. He emphasized that domestic political issues of any member state do not interfere with ASEAN’s objectives and initiatives. Marcos

APECO Partners with Korean and Filipino Firms for Casiguran Port Development

Manila: The Aurora Pacific Economic Zone and Freeport Authority (APECO) has formalized a partnership with South Korea’s Yooshin Engineering Corporation and the Philippines’ Lordsbridge Resources Corporation to advance the development of the Casiguran International New Port. The signing of the tripartite memorandum of agreement (MOA) was held at Shangri-la The Fort Manila in Bonifacio Global City, Taguig City, involving key representatives from each organization. According to Philippines News Agency, the agreement was signed by APECO’s president and CEO, lawyer Gil Taway IV, alongside Yooshin Director and Philippine Regional Representative Jin Ho Lee, and Lordsbridge Resources President Victor Lee. This project

SolGen Berberabe Emphasizes Women’s Crucial Role in Peace and Security

Pasay city: Solicitor General Darlene Berberabe on Tuesday highlighted the role of women in the country’s peace and security during the first day of the Philippine Conference (PhilCon) on Women, Peace, and Security (WPS) in Pasay City. According to Philippines News Agency, Berberabe, speaking at the Philippine International Convention Center, showcased the accomplishments of women in peace and security, particularly through inclusive governance, transparency, and accountability via economic empowerment. In the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), women have been trained in conflict mediation to help settle Rido, land, and community disputes, often stepping in where formal mechanisms lag.

PBBM Emphasizes Need for ‘Solid’ Evidence in Flood Control Investigation

Kuala lumpur: President Ferdinand R. Marcos Jr. on Tuesday addressed public concerns regarding the ongoing investigation into questionable flood control projects, emphasizing the necessity of gathering ‘solid’ evidence to hold perpetrators accountable. According to Philippines News Agency, the President, speaking during a media interview, highlighted the transition from political to legal proceedings, which require strict adherence to legal standards. Marcos stressed that although there is a public demand for accountability in the flood control controversy, rushing the investigation without proper evidence could have detrimental outcomes. Marcos warned of the consequences if those who have allegedly embezzled billions are not prosecuted

SEC Circulars Lead to Significant Savings for MSMEs

Manila: Micro, small, and medium enterprises benefited around half of PHP80.3 million in discounts from the reforms instituted by the Securities and Exchange Commission (SEC) since July 2025. SEC, in a press release Tuesday, said three memorandum circulars aimed to encourage the incorporation of MSMEs and further streamline the registration process for firms that want to tap the capital market were issued since July. According to Philippines News Agency, citing preliminary data as of Oct. 19, SEC said it has accommodated about 40,157 transactions using the said circulars, and around PHP40.9 million were saved by MSMEs. One of these circulars