Day: November 3, 2025

Manila: The Department of Budget and Management (DBM) is throwing its full support behind the establishment of a Halal Town in Manila to promote cultural harmony, generate jobs, and boost tourism in the capital. Budget Secretary Amenah Pangandaman and Manila Mayor Isko Moreno Domagoso led a coordination meeting and site inspection to map out plans for the project, envisioned as a modern halal and cultural hub in Quiapo. According to Philippines News Agency, Pangandaman said the project will symbolize unity and inclusivity, bringing together diverse communities while opening economic opportunities for micro, small, and medium enterprises (MSMEs). She revealed that

Bacolod: This highly urbanized city and the province of Negros Occidental activated their respective response clusters as wind signals were raised in the entire province due to the threat of Typhoon Tino on Monday. Mayor Greg Gasataya placed the City Disaster Risk Reduction and Management Council-Emergency Operations Center here under red alert status. ‘All disaster response clusters are activated and respective council members are directed to coordinate closely with their lead agencies to ensure readiness of resources, personnel, and response operations,’ he added. According to Philippines News Agency, Gasataya said the city government will initiate preemptive evacuation of residents living

Antique: The Antique provincial government has suspended classes in all levels and work on Monday to give time for people to prepare for the expected onslaught of Typhoon Tino. Antique Provincial Administrator Robin Rubinos, who presided over the Antique Provincial Disaster Risk Reduction and Management Council’s (PDRRMC) pre-disaster risk assessment at the Antique PDRRM Office in San Jose de Buenavista, said there is a need for the entire province to prepare for the typhoon. According to Philippines News Agency, Typhoon Tino is expected to affect Panay Island, including Antique province, on Tuesday. ‘The class and work suspension is in order

Zamboanga sibugay: Anti-narcotics agents arrested a high-value drug suspect and confiscated PHP6.8 million worth of shabu in a buy-bust operation in Zamboanga Sibugay on Sunday. According to Philippines News Agency, Bryan Babang of the Philippine Drug Enforcement Agency (PDEA) in Zamboanga Peninsula (Region 9) identified the suspect as alias ‘Boy Blue,’ 46, a resident of Mahayag, Zamboanga del Sur. Babang said the suspect was arrested around 4:30 p.m. in Barangay Don Andres, Ipil town. Seized from him were one kilogram of suspected shabu packed in 10 heat-sealed plastic sachets, buy-bust money and other non-drug evidence. He further mentioned that the

Manila: The Bureau of the Treasury (BTr) raised PHP25 billion from the Treasury bills (T-bills) auction on Monday, surpassing the PHP22 billion initial offer. According to Philippines News Agency, the auction was 4.5 times oversubscribed, with total bids reaching PHP99.1 billion. This prompted the Auction Committee to double the accepted non-competitive bids for the 364-day T-bills to PHP6 billion. Total tenders for the 91-day T-bills reached PHP30.6 billion, with the Auction Committee accepting PHP7 billion, resulting in a yield settling at 4.874 percent. For the 182-day T-bills, total tenders reached PHP37.3 billion, and the Auction Committee accepted PHP7.5 billion. The

Manila: The Bangko Sentral ng Pilipinas (BSP) said most banks are expected to maintain their credit standards in the fourth quarter of the year. Results of the Senior Bank Loan Officers’ Survey (SLOS) released Monday showed that a higher percentage of banks expect lending standards to remain unchanged for businesses and households. According to Philippines News Agency, the SLOS consists of questions on loan officers’ perceptions relating to the overall credit standards of their respective banks, as well as to factors affecting the supply of and demand for loans to both enterprises and households. Lending standards refer to the rules