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BSP Chief Hints at Potential Rate Cuts Amid Economic Indicators

Manila: Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. has indicated that the Monetary Board might implement several more rate cuts within the year, with at least one reduction being considered for the upcoming rate-setting meeting next month. He shared these insights with reporters during the Tuesday Club meeting held at a hotel in Mandaluyong City. According to Philippines News Agency, Governor Remolona emphasized that while the policy-making Monetary Board continues on its easing path, the precise timing and extent of any rate cuts will be contingent upon the latest inflation figures and other critical economic markers. He noted

DTI Implements P34.7-Million High Impact Projects in Davao Region

Davao City: The Department of Trade and Industry in Davao Region (DTI-11) will launch three more high-impact projects worth PHP24.7 million that were approved last year, an official from the agency said Tuesday. DTI-11 regional director Romeo Casta±aga stated during the Kapihan sa Bagong Pilipinas that most of the projects are focused on supporting the innovation ecosystem of the region. According to Philippines News Agency, the fabrication laboratory at Davao Oriental State University in Mati, Davao Oriental, among the four high-impact projects costing PHP34.7 million, was already launched on March 5. The PHP10-million laboratory project is envisioned to address the

ICC Probe into Duterte’s War on Drugs Highlights Challenges of International Justice

Manila: The International Criminal Court (ICC) is once again in the global spotlight as it continues investigating former Philippine President Rodrigo Duterte’s controversial war on drugs. The probe raises critical questions about international justice, state sovereignty, and whether global institutions can truly hold powerful political figures accountable. According to Philippines News Agency, Michael Tiu, Jr., assistant professor at the University of the Philippines College of Law, shared insights into the ICC’s mandate, how it prosecutes former heads of state, and what this means for international human rights law. The ICC was established under the Rome Statute to prosecute genocide, war

13 Gun-For-Hire Group Members Arrested in Cavite and Cebu

Cavite: The Philippine National Police (PNP) on Tuesday announced the arrest of 13 members of gun-for-hire groups in separate police operations in the provinces of Cavite and Cebu. According to Philippines News Agency, the Criminal Investigation and Detection Group (CIDG) Director, Maj. Gen. Nicolas Torre III, revealed that seven suspects, identified through aliases Eduard, Jesus, Ernie, Richard, Mark, Trixcy, and Eddie, were apprehended in Barangay Salawag, Dasmari±as City, Cavite on March 10. The suspects are linked to the Javier Crime and Caminero Crime Groups and are allegedly involved in gunrunning, contract killing, and gun-for-hire activities in Cavite and Laguna. The

DTI Registers 12,166 Creatives Under Philippine Creative Industries Development Act

Ilocos Region: The Department of Trade and Industry (DTI) in Ilocos Region has registered 12,166 creatives as part of the implementation of the Philippine Creative Industries Development Act. According to Philippines News Agency, the registration includes 1,373 individuals under the audio visual domain and subsector, 1,354 in digital interactive media, 1,381 in creative service, 1,349 in design domain and subsector, 1,302 in publishing and printed media, 1,313 in performing arts, 1,494 in visual arts domain and subsector, 1,371 in traditional culture and expressions, and 1,229 in cultural sites. DTI officer-in-charge and regional director Merlie Membrere announced during the Kapihan sa

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