Marcos’ PFP forges alliance with Sotto’s NPC
May 18, 2024
A presidential bet and two senatorial candidates have filed their respective Statement of Contributions and Expenditures (SOCE) before the Commission on Elections (Comelec) two days before the deadline on June 8. According to the Comelec-Campaign Finance Office (CFO), as of 5 p.m. Monday, losing presidential bet Dr. Jose Montemayor has already filed his SOCE. Senator Panfilo Lacson was the first to file his SOCE among the 10 presidential aspirants in the May 9 polls. Human rights lawyer Chel Diokno and winning senatorial candidate Jinggoy Estrada have also submitted their SOCEs. The CFO has yet to receive
President Rodrigo R. Duterte believes the administration of his successor, President-elect Ferdinand “Bongbong” Marcos Jr. will “do its very best” in continuing the fight against illegal drugs. “Well, I trust that the next administration will also do its very best to confront itong drug[s],” he said in a prerecorded Talk to the People. Although he admitted that he is “scared” that the drug industry would proliferate when his term ends, he expressed confidence that the police and military would “maintain the momentum” in the anti-narcotics campaign. “I place my full trust and confidence on the two institutions
The Philippines avoided another surge in Covid-19 cases through continuous Covid-19 vaccinations and adherence to minimum public health standards, outgoing President Rodrigo R. Duterte said Monday. In a prerecorded public address, Duterte touted anew his administration’s success in containing Covid-19 infections and reopening the economy. “If I were to judge myself, the one single thing that my government did was to contain Covid-19 in a very much earlier span of time. And to think na yung iba sa ngayon nagkaroon ng (other countries are having a) surge simply because maybe the citizens of that country do not want
Expectations for continued hikes in the Federal Reserve’s key rates hurt the local stock barometer but the peso finished unchanged against the US dollar. The Philippine Stock Exchange index (PSEi) shed 0.36 percent, or 24.52 points, to 6,716.88 points. All Shares followed with a drop of 0.46 percent, or 16.67 points, to 3,585.85 points. Most of the sectoral indices tracked the main index–Mining and Oil, 2.15 percent; Holding Firms, 1.61 percent; Industrial, 1.01 percent; Services, 0.71 percent; and Financials, 0.11 percent. Only the Property index rose during the day after it jumped by 2.08 percent.
Central Luzon, the country’s rice granary, remained the country’s top producer of palay in the first quarter of this year. Based on the latest data of the Philippine Statistics Authority-Regional Statistical Services Office-Central Luzon (PSA-RSSO III), the region produced 772,855 metric tons of palay, contributing 17 percent to the country’s output. The production volume is higher compared to the 699,044 metric tons during the same period last year. The double-digit increases in the volume of palay production in the provinces of Aurora, Bulacan, Nueva Ecija, and Pampanga contributed to the increase in the region’s overall palay production
The implementing panels of the Government of the Philippines (GPH) and the Moro Islamic Liberation Front (MILF) renewed their mutual commitment to continue pushing for a comprehensive Philippine peace process. In a joint statement released Monday, the GPH and MILF agreed on the following resolutions and action points, bearing in mind continuity, stability, and sustainability of the peace dividends and in view of the developments in the Bangsamoro peace process: 1.The GPH Panel shall communicate to the MILF panel the proposal of the GPH for the transition of the International Monitoring Team (IMT) for the immediate resolution of
