Day: November 3, 2025

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

Baguio: The city government has unveiled a comprehensive three-year plan costing PHP100 million aimed at preserving, protecting, and restoring the environment while maintaining ecological balance by 2028. In an interview on Monday, city information officer Aileen Refuerzo said the Environmental Action Plan is anchored on three key goals: environmental regeneration, reduction of greenhouse gas (GHG) emissions, and improvement of waste management systems. According to Philippines News Agency, the plan is part of the Executive-Legislative Agenda currently being finalized, charting the city’s developmental direction from 2025 to 2028. Among the plan’s main objectives are a 5-percent decrease in GHG emissions from

Kuala lumpur: The Philippines, through Department of Defense (DND) Secretary Gilberto Teodoro Jr., has committed to help strengthen the defense cooperation between Southeast Asia and India, which he described as a “superpower.” According to Philippines News Agency, Teodoro was quoted in a DND statement on Monday during the ASEAN-India Defense Ministers Informal Meeting in Kuala Lumpur, Malaysia on Oct. 31. He emphasized the Philippines’ role in enhancing the defense cooperation as the country coordinator for ASEAN (Association of Southeast Asian Nations). Teodoro further stated that the Philippines will advance “this important relationship” when it assumes the role of ASEAN chair